Ahold NV (OTCMKTS:ADRNY) Given Average Rating of “Moderate Buy” by Analysts

Shares of Ahold NV (OTCMKTS:ADRNY) have received an average rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and two have given a strong buy rating to the company.

A number of equities analysts recently issued reports on the stock. The Goldman Sachs Group downgraded shares of Ahold from a “strong-buy” rating to a “neutral” rating in a research note on Monday, June 1st. Royal Bank Of Canada raised Ahold to a “hold” rating in a research report on Monday, July 6th.

Ahold Price Performance

Shares of Ahold stock opened at €36.37 on Wednesday. The company has a current ratio of 0.77, a quick ratio of 0.46 and a debt-to-equity ratio of 0.36. Ahold has a 12-month low of €32.25 and a 12-month high of €50.02. The company has a market cap of $32.03 billion, a P/E ratio of 12.33, a PEG ratio of 1.77 and a beta of 0.41. The company’s fifty day simple moving average is €38.59 and its two-hundred day simple moving average is €42.89.

Ahold (OTCMKTS:ADRNY) last posted its earnings results on Wednesday, August 5th. The company reported €0.74 EPS for the quarter, topping the consensus estimate of €0.72 by €0.02. Ahold had a net margin of 2.45% and a return on equity of 16.70%. Research analysts anticipate that Ahold will post 3.15 EPS for the current year.

Ahold Company Profile

Ahold Delhaize (often shortened to Ahold) is an international retail grocery group that operates supermarkets, online grocery platforms and related food retail services. The company’s operations span both brick-and-mortar stores and digital channels, offering a mix of fresh foods, packaged groceries, household goods and private-label products. Its business model combines local store networks with centralized purchasing, distribution and supply-chain capabilities to serve everyday consumer needs.

The firm was formed through the 2016 merger of Koninklijke Ahold and Delhaize Group, creating a combined network of banners and ecommerce platforms across multiple geographies.