Ahold NV (OTCMKTS:ADRNY) Short Interest Update

Ahold NV (OTCMKTS:ADRNY) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totaling 3,584 shares, a decline of 66.9% from the April 30th total of 10,820 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 229,989 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

ADRNY has been the topic of several research analyst reports. Wall Street Zen cut shares of Ahold from a “strong-buy” rating to a “buy” rating in a research report on Monday, March 23rd. Zacks Research downgraded Ahold from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 19th. Two equities research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy”.

Ahold Price Performance

OTCMKTS:ADRNY opened at €42.12 on Friday. The company has a quick ratio of 0.42, a current ratio of 0.71 and a debt-to-equity ratio of 0.32. The business’s 50-day simple moving average is €46.09 and its two-hundred day simple moving average is €43.74. The stock has a market cap of $37.36 billion, a PE ratio of 14.38, a P/E/G ratio of 2.05 and a beta of 0.48. 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 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 analysts’ expectations of €26.24 billion. Ahold had a return on equity of 17.29% and a net margin of 2.48%. As a group, analysts forecast that Ahold will post 3.21 EPS for the current fiscal year.

About Ahold

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.