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

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

A number of brokerages have commented on ADRNY. Royal Bank Of Canada upgraded Ahold to a “hold” rating in a report on Monday, July 6th. The Goldman Sachs Group downgraded Ahold from a “strong-buy” rating to a “neutral” rating in a research report on Monday, June 1st.

Ahold Price Performance

Shares of OTCMKTS ADRNY opened at €38.86 on Tuesday. The firm’s 50-day moving average is €41.03 and its two-hundred day moving average is €43.67. The company has a market capitalization of $34.22 billion, a PE ratio of 13.26, a price-to-earnings-growth ratio of 1.82 and a beta of 0.44. Ahold has a 12-month low of €32.25 and a 12-month high of €50.02. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.77 and a quick ratio of 0.46.

Ahold (OTCMKTS:ADRNY) last issued its quarterly earnings data 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. 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. Equities analysts anticipate that Ahold will post 3.15 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.