Ahold NV (OTCMKTS:ADRNY) Receives Average Recommendation of “Buy” from Analysts

Ahold NV (OTCMKTS:ADRNY) has been assigned a consensus rating of “Buy” from the five analysts that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a strong buy rating on the company.

ADRNY has been the topic of a number of recent research reports. Zacks Research lowered Ahold from a “hold” rating to a “strong sell” rating in a report on Thursday, January 1st. Kepler Capital Markets raised Ahold from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th. Finally, UBS Group raised Ahold from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 16th.

Ahold Price Performance

Shares of ADRNY stock opened at €39.20 on Monday. The firm’s 50 day moving average is €40.20 and its 200-day moving average is €40.58. The company has a current ratio of 0.70, a quick ratio of 0.42 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $34.98 billion, a price-to-earnings ratio of 15.62, a PEG ratio of 2.24 and a beta of 0.49. Ahold has a 1 year low of €32.25 and a 1 year high of €43.26.

Ahold (OTCMKTS:ADRNY) last announced its quarterly earnings data on Wednesday, November 5th. The company reported €0.78 earnings per share (EPS) for the quarter. Ahold had a return on equity of 16.23% and a net margin of 2.25%. Sell-side analysts forecast that Ahold will post 2.84 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.