Ahold NV (OTCMKTS:ADRNY) Short Interest Update

Ahold NV (OTCMKTS:ADRNY) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,970 shares, a decline of 36.0% from the May 31st total of 3,077 shares. Based on an average daily volume of 301,505 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

ADRNY has been the topic of several research analyst reports. The Goldman Sachs Group cut Ahold from a “strong-buy” rating to a “neutral” rating in a report on Monday, June 1st. Wall Street Zen lowered Ahold from a “strong-buy” rating to a “buy” rating in a report on Monday, March 23rd. Finally, Zacks Research cut Ahold from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 19th. Two research analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Ahold has an average rating of “Moderate Buy”.

Ahold Stock Performance

ADRNY opened at €41.53 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.46 and a debt-to-equity ratio of 0.36. The company has a market cap of $36.84 billion, a price-to-earnings ratio of 14.17, a PEG ratio of 1.97 and a beta of 0.44. The company’s 50 day moving average is €42.68 and its 200 day moving average is €43.70. Ahold has a 12-month low of €32.25 and a 12-month high of €50.02.

Ahold (OTCMKTS:ADRNY) last announced its earnings results on Wednesday, May 6th. The company reported €0.73 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of €26.24 billion. On average, equities research analysts predict 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.