Ahold NV (OTCMKTS:ADRNY) Given Consensus Recommendation of “Strong Buy” by Analysts

Shares of Ahold NV (OTCMKTS:ADRNY) have received a consensus recommendation of “Strong Buy” from the five ratings firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and four have given a strong buy recommendation to the company.

A number of analysts have recently issued reports on ADRNY shares. Kepler Capital Markets raised Ahold from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th. Zacks Research upgraded Ahold from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 16th.

Ahold Price Performance

Shares of ADRNY stock opened at €48.40 on Friday. The firm has a fifty day simple moving average of €41.75 and a 200-day simple moving average of €41.18. The company has a market capitalization of $43.19 billion, a PE ratio of 17.10, a price-to-earnings-growth ratio of 2.72 and a beta of 0.50. Ahold has a twelve month low of €32.25 and a twelve month high of €49.29. The company has a current ratio of 0.70, a quick ratio of 0.42 and a debt-to-equity ratio of 0.33.

Ahold (OTCMKTS:ADRNY) last released its quarterly earnings results on Wednesday, February 11th. The company reported €0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of €0.78 by €0.07. The firm had revenue of €27.35 billion for the quarter, compared to the consensus estimate of €27.51 billion. Ahold had a net margin of 2.45% and a return on equity of 16.89%. Equities research analysts anticipate that Ahold will post 2.84 earnings per share 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.