Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Rating Increased to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) from a buy rating to a strong-buy rating in a research report report published on Thursday.

Several other brokerages have also commented on ADRNY. The Goldman Sachs Group upgraded Koninklijke Ahold Delhaize to a “strong-buy” rating in a research report on Thursday, March 13th. Kepler Capital Markets cut Koninklijke Ahold Delhaize from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 8th.

Koninklijke Ahold Delhaize Stock Down 0.0%

Shares of Koninklijke Ahold Delhaize stock opened at €42.66 ($47.93) on Thursday. Koninklijke Ahold Delhaize has a one year low of €29.51 ($33.16) and a one year high of €42.93 ($48.24). The company has a debt-to-equity ratio of 0.35, a current ratio of 0.79 and a quick ratio of 0.49. The stock’s 50-day moving average is €39.21 and its 200 day moving average is €36.23. The firm has a market cap of $38.97 billion, a price-to-earnings ratio of 20.91, a PEG ratio of 1.82 and a beta of 0.54.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) last announced its earnings results on Wednesday, May 7th. The company reported €0.65 ($0.73) EPS for the quarter. Koninklijke Ahold Delhaize had a return on equity of 15.81% and a net margin of 1.97%. Equities research analysts anticipate that Koninklijke Ahold Delhaize will post 2.84 EPS for the current year.

Koninklijke Ahold Delhaize Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 24th. Shareholders of record on Monday, April 14th were paid a $0.7044 dividend. The ex-dividend date of this dividend was Monday, April 14th. This is a boost from Koninklijke Ahold Delhaize’s previous dividend of $0.42. Koninklijke Ahold Delhaize’s dividend payout ratio (DPR) is 58.17%.

Koninklijke Ahold Delhaize Company Profile

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce in the United States, Europe, and internationally. The company's stores offer produce, dairy, meat, deli, bakery, seafood, and frozen products; grocery, beer, and wine; floral, pet food, health and beauty care, kitchen and cookware, gardening tools, general merchandise articles, electronics, newspapers and magazines, tobacco, etc.; gasoline; and pharmacy products.