Ahold NV (OTCMKTS:ADRNY) Receives Average Recommendation of “Buy” from Analysts

Ahold NV (OTCMKTS:ADRNY) has received a consensus rating of “Buy” from the five analysts that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have assigned a strong buy recommendation to the company.

A number of analysts have weighed in on ADRNY shares. UBS Group raised shares of Ahold from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 16th. Zacks Research lowered Ahold from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 1st. Finally, Kepler Capital Markets upgraded Ahold from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th.

Ahold Stock Down 0.8%

Shares of OTCMKTS ADRNY opened at €38.62 on Monday. The company has a market cap of $34.46 billion, a price-to-earnings ratio of 15.39, a PEG ratio of 2.22 and a beta of 0.49. The company has a current ratio of 0.70, a quick ratio of 0.42 and a debt-to-equity ratio of 0.33. Ahold has a 12 month low of €32.25 and a 12 month high of €43.26. The stock has a 50-day moving average price of €40.25 and a two-hundred day moving average price of €40.60.

Ahold (OTCMKTS:ADRNY) last announced its quarterly earnings results on Wednesday, November 5th. The company reported €0.78 earnings per share (EPS) for the quarter. Ahold had a net margin of 2.25% and a return on equity of 16.23%. As a group, analysts forecast that Ahold will post 2.84 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.