Ahold NV (OTCMKTS:ADRNY) Short Interest Down 39.3% in July

Ahold NV (OTCMKTS:ADRNY) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 14,722 shares, a decline of 39.3% from the July 15th total of 24,252 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 216,078 shares, the days-to-cover ratio is presently 0.1 days.

Ahold Price Performance

Ahold stock opened at €36.51 on Tuesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.46 and a current ratio of 0.77. Ahold has a 52 week low of €32.25 and a 52 week high of €50.02. The stock has a market capitalization of $32.15 billion, a P/E ratio of 12.38, a price-to-earnings-growth ratio of 1.82 and a beta of 0.44. The stock has a fifty day moving average of €40.02 and a 200-day moving average of €43.63.

Ahold (OTCMKTS:ADRNY) last released its quarterly earnings data on Wednesday, August 5th. The company reported €0.74 earnings per share for the quarter, beating the consensus estimate of €0.72 by €0.02. Ahold had a return on equity of 16.70% and a net margin of 2.45%. On average, sell-side analysts expect that Ahold will post 3.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Royal Bank Of Canada upgraded shares of Ahold to a “hold” rating in a research note on Monday, July 6th. The Goldman Sachs Group downgraded shares of Ahold from a “strong-buy” rating to a “neutral” rating in a report on Monday, June 1st. Two research analysts have rated the stock with a Strong Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy”.

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.