Ahold NV (OTCMKTS:ADRNY) Receives Average Rating of “Moderate Buy” from Brokerages

Ahold NV (OTCMKTS:ADRNY) has been assigned an average recommendation of “Moderate Buy” from the five ratings firms that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and two have assigned a strong buy recommendation to the company.

Several equities analysts have commented on ADRNY shares. Wall Street Zen lowered shares of Ahold from a “strong-buy” rating to a “buy” rating in a research note on Monday, March 23rd. The Goldman Sachs Group lowered shares of Ahold from a “strong-buy” rating to a “neutral” rating in a research report on Monday, June 1st. Finally, Zacks Research lowered shares of Ahold from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 19th.

Ahold Stock Performance

Shares of Ahold stock opened at €39.97 on Friday. The firm has a market capitalization of $35.45 billion, a P/E ratio of 13.64, a P/E/G ratio of 1.94 and a beta of 0.43. Ahold has a 52 week low of €32.25 and a 52 week high of €50.02. The company has a quick ratio of 0.46, a current ratio of 0.77 and a debt-to-equity ratio of 0.36. The firm’s 50 day moving average is €43.47 and its two-hundred day moving average is €43.70.

Ahold (OTCMKTS:ADRNY) last announced its quarterly earnings results on Wednesday, May 6th. The company reported €0.73 EPS for the quarter, beating the consensus estimate of €0.70 by €0.03. The company 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%. Research analysts forecast that Ahold will post 3.21 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.