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

Ahold NV (OTCMKTS:ADRNY) has received a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have assigned a strong buy recommendation to the company.

ADRNY has been the topic of several research analyst reports. Royal Bank Of Canada upgraded shares of Ahold to a “hold” rating in a research report on Monday, July 6th. Wall Street Zen downgraded Ahold from a “strong-buy” rating to a “buy” rating in a report on Monday, March 23rd. Finally, The Goldman Sachs Group lowered Ahold from a “strong-buy” rating to a “neutral” rating in a research report on Monday, June 1st.

Ahold Stock Performance

Shares of ADRNY opened at €41.04 on Tuesday. The business’s 50-day moving average price is €41.40 and its 200 day moving average price is €43.72. 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 stock has a market capitalization of $36.14 billion, a P/E ratio of 14.01, a P/E/G ratio of 1.97 and a beta of 0.44. Ahold has a 1-year low of €32.25 and a 1-year high of €50.02.

Ahold (OTCMKTS:ADRNY) last released its quarterly earnings results 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. The business had revenue of €26.07 billion for the quarter, compared to analyst estimates of €26.24 billion. Ahold had a net margin of 2.48% and a return on equity of 16.97%. Analysts expect that Ahold will post 3.14 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.