Ahold NV (OTCMKTS:ADRNY) Receives Consensus Rating of “Moderate Buy” from Analysts

Ahold NV (OTCMKTS:ADRNY) has been assigned an average rating of “Moderate Buy” from the five analysts that are presently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company.

ADRNY has been the topic of a number of research analyst reports. Zacks Research lowered Ahold from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 19th. Wall Street Zen lowered Ahold from a “strong-buy” rating to a “buy” rating in a research note on Monday, March 23rd. Finally, The Goldman Sachs Group lowered Ahold from a “strong-buy” rating to a “neutral” rating in a research note on Monday, June 1st.

Ahold Price Performance

Shares of OTCMKTS ADRNY opened at €40.26 on Friday. Ahold has a one year low of €32.25 and a one year high of €50.02. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.77 and a quick ratio of 0.46. The business’s fifty day moving average price is €42.99 and its 200-day moving average price is €43.70. The stock has a market capitalization of $35.71 billion, a PE ratio of 13.74, a P/E/G ratio of 1.98 and a beta of 0.43.

Ahold (OTCMKTS:ADRNY) last released its quarterly earnings data on Wednesday, May 6th. The company reported €0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of €0.70 by €0.03. Ahold had a return on equity of 16.97% and a net margin of 2.48%.The company had revenue of €26.07 billion for the quarter, compared to analyst estimates of €26.24 billion. On average, equities research analysts anticipate that Ahold will post 3.17 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.