Ahold NV (OTCMKTS:ADRNY) Given Average Recommendation of “Moderate Buy” by Analysts

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

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

Ahold Stock Performance

Ahold stock opened at €41.38 on Monday. 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 firm has a 50-day moving average of €45.49 and a 200-day moving average of €43.72. The firm has a market cap of $36.70 billion, a P/E ratio of 14.12, a P/E/G ratio of 2.01 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 posted its earnings results on Wednesday, May 6th. The company reported €0.73 earnings per share for the quarter, topping analysts’ consensus estimates of €0.70 by €0.03. The company had revenue of €26.07 billion during 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%. Sell-side analysts expect that Ahold will post 3.21 EPS 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.