Ahold NV (OTCMKTS:ADRNY) Receives Consensus Rating of “Moderate Buy” from Analysts

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

A number of equities research analysts have recently issued reports on ADRNY shares. The Goldman Sachs Group cut shares of Ahold from a “strong-buy” rating to a “neutral” rating in a research note on Monday. Wall Street Zen cut shares of Ahold from a “strong-buy” rating to a “buy” rating in a research note on Monday, March 23rd. Finally, Zacks Research cut shares of Ahold from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 19th.

Ahold Price Performance

ADRNY stock opened at €41.38 on Monday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.77 and a quick ratio of 0.42. Ahold has a one year low of €32.25 and a one year high of €50.02. The stock has a market cap of $36.70 billion, a PE ratio of 14.12, a P/E/G ratio of 1.98 and a beta of 0.43. The firm has a 50 day simple moving average of €45.49 and a two-hundred day simple moving average of €43.71.

Ahold (OTCMKTS:ADRNY) last released its quarterly earnings results on Wednesday, May 6th. The company reported €0.73 EPS for the quarter, topping analysts’ consensus estimates of €0.70 by €0.03. Ahold had a net margin of 2.48% and a return on equity of 16.97%. The business had revenue of €26.07 billion during the quarter, compared to analysts’ expectations of €26.24 billion. On average, analysts predict 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.