Ahold NV (OTCMKTS:ADRNY – Get Free Report) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 255,699 shares, an increase of 80.5% from the September 30th total of 141,660 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 509,861 shares, the days-to-cover ratio is presently 0.5 days.
Analysts Set New Price Targets
Separately, Royal Bank Of Canada upgraded shares of Ahold to a “hold” rating in a report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.
Read Our Latest Stock Report on ADRNY
Ahold Stock Performance
Shares of ADRNY stock opened at €36.02 on Tuesday. The firm has a market cap of $31.47 billion, a PE ratio of 12.21, a P/E/G ratio of 1.70 and a beta of 0.41. The company has a quick ratio of 0.41, a current ratio of 0.71 and a debt-to-equity ratio of 0.34. Ahold has a 12 month low of €32.25 and a 12 month high of €50.02. The company’s fifty day simple moving average is €36.22 and its 200-day simple moving average is €41.42.
Ahold (OTCMKTS:ADRNY – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported €0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of €0.72 by €0.02. Ahold had a return on equity of 16.64% and a net margin of 2.45%. Equities research analysts expect that Ahold will post 3.13 EPS for the current fiscal year.
Ahold Company Profile
Ahold Delhaize is an international food retail and e-commerce company headquartered in Zaandam, the Netherlands. The company operates supermarkets, convenience stores and online grocery businesses, selling fresh food, packaged groceries, household products, health and beauty items, and other consumer goods. Its brands also provide digital ordering, delivery and pickup services in many markets.
The company was formed in 2016 through the merger of Koninklijke Ahold and Delhaize Group. Its retail brands include Albert Heijn, bol, Delhaize, Food Lion, Giant Food, Hannaford, Stop & Shop, Giant Company, and other regional banners.
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