Ahold NV (OTCMKTS:ADRNY) Sees Large Growth in Short Interest

Ahold NV (OTCMKTS:ADRNY) was the recipient of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 5,125 shares, a growth of 40.0% from the January 29th total of 3,661 shares. Based on an average daily volume of 150,639 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 150,639 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on ADRNY shares. Kepler Capital Markets upgraded Ahold from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. Zacks Research raised shares of Ahold from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 16th. Four research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Ahold presently has a consensus rating of “Strong Buy”.

Ahold Stock Up 1.8%

ADRNY stock opened at €49.29 on Monday. The company has a market cap of $43.99 billion, a price-to-earnings ratio of 17.42, a P/E/G ratio of 2.76 and a beta of 0.46. Ahold has a twelve month low of €32.25 and a twelve month high of €49.82. The business has a 50 day moving average price of €41.92 and a two-hundred day moving average price of €41.25. The company has a quick ratio of 0.42, a current ratio of 0.70 and a debt-to-equity ratio of 0.33.

Ahold (OTCMKTS:ADRNY) last announced its quarterly earnings data on Wednesday, February 11th. The company reported €0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of €0.78 by €0.07. The company had revenue of €27.35 billion for the quarter, compared to analysts’ expectations of €27.51 billion. Ahold had a return on equity of 16.89% and a net margin of 2.45%. Analysts anticipate that Ahold will post 2.84 EPS for the current fiscal 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.