Ahold NV (OTCMKTS:ADRNY) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Ahold NV (OTCMKTS:ADRNY) have earned an average rating of “Moderate Buy” from the five brokerages that are covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and two have issued a strong buy recommendation on the company.

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

Ahold Stock Performance

ADRNY opened at €41.53 on Friday. 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 company has a market cap of $36.84 billion, a P/E ratio of 14.17, a price-to-earnings-growth ratio of 1.97 and a beta of 0.44. The firm’s 50-day moving average price is €42.68 and its 200-day moving average price is €43.70.

Ahold (OTCMKTS:ADRNY) last released its 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. The company had revenue of €26.07 billion during the quarter, compared to analysts’ expectations of €26.24 billion. Ahold had a net margin of 2.48% and a return on equity of 16.97%. As a group, equities analysts anticipate that Ahold will post 3.17 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.