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

Shares of Ahold NV (OTCMKTS:ADRNY) have been given an average recommendation of “Moderate Buy” by the six brokerages that are covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have assigned a strong buy recommendation to the company.

A number of analysts recently issued reports on the company. Royal Bank Of Canada raised Ahold to a “hold” rating in a research report on Monday, July 6th. The Goldman Sachs Group lowered Ahold from a “strong-buy” rating to a “neutral” rating in a research report on Monday, June 1st. Finally, Wall Street Zen downgraded Ahold from a “strong-buy” rating to a “buy” rating in a research note on Monday, March 23rd.

Ahold Price Performance

ADRNY stock opened at €41.04 on Tuesday. Ahold has a 12-month low of €32.25 and a 12-month high of €50.02. The company has a quick ratio of 0.46, a current ratio of 0.77 and a debt-to-equity ratio of 0.36. The company has a market cap of $36.14 billion, a price-to-earnings ratio of 14.01, a PEG ratio of 1.97 and a beta of 0.44. The company has a 50 day moving average of €41.40 and a two-hundred day moving average of €43.72.

Ahold (OTCMKTS:ADRNY) last posted its quarterly earnings results on Wednesday, May 6th. The company reported €0.73 EPS for the quarter, beating the consensus estimate of €0.70 by €0.03. Ahold had a net margin of 2.48% and a return on equity of 16.97%. The business had revenue of €26.07 billion for the quarter, compared to analysts’ expectations of €26.24 billion. On average, equities analysts anticipate that Ahold will post 3.14 earnings per share for the current fiscal 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.