Ahold NV (OTCMKTS:ADRNY) Given Average Rating of “Moderate Buy” by Analysts

Shares of Ahold NV (OTCMKTS:ADRNY) have earned a consensus recommendation of “Moderate Buy” from the five analysts that are currently covering the stock, Marketbeat Ratings 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 subject of a number of recent research reports. The Goldman Sachs Group downgraded Ahold to a “neutral” rating in a research note on Monday. Zacks Research downgraded Ahold from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 19th. Finally, Wall Street Zen downgraded Ahold from a “strong-buy” rating to a “buy” rating in a research note on Monday, March 23rd.

Ahold Stock Down 3.3%

Ahold stock traded down €1.39 during mid-day trading on Monday, hitting €40.73. The company’s stock had a trading volume of 211,737 shares, compared to its average volume of 96,598. The firm’s 50 day moving average is €46.09 and its 200 day moving average is €43.75. The company has a market cap of $36.13 billion, a PE ratio of 13.90, a price-to-earnings-growth ratio of 2.05 and a beta of 0.44. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.71 and a quick ratio of 0.42. Ahold has a 52-week low of €32.25 and a 52-week high of €50.02.

Ahold (OTCMKTS:ADRNY) last posted its quarterly earnings results on Wednesday, May 6th. The company reported €0.73 earnings per share for the quarter, topping analysts’ consensus estimates of €0.70 by €0.03. Ahold had a return on equity of 17.29% and a net margin of 2.48%.The company had revenue of €26.07 billion during the quarter, compared to the consensus estimate of €26.24 billion. On average, analysts anticipate that Ahold will post 3.21 earnings per share 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.