Ahold NV (OTCMKTS:ADRNY) Receives Average Rating of “Moderate Buy” from Brokerages

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

Several analysts recently commented on ADRNY shares. Royal Bank Of Canada upgraded shares of Ahold to a “hold” rating in a research report on Monday, July 6th. The Goldman Sachs Group lowered shares of Ahold from a “strong-buy” rating to a “neutral” rating in a research note on Monday, June 1st.

Ahold Trading Down 0.1%

Ahold stock opened at €37.82 on Friday. The firm has a market cap of $33.30 billion, a PE ratio of 12.82, a P/E/G ratio of 1.83 and a beta of 0.44. Ahold has a 12 month low of €32.25 and a 12 month high of €50.02. The stock’s 50 day simple moving average is €40.11 and its two-hundred day simple moving average is €43.61. The company has a current ratio of 0.77, a quick ratio of 0.46 and a debt-to-equity ratio of 0.36.

Ahold (OTCMKTS:ADRNY) last posted its earnings results on Wednesday, August 5th. The company reported €0.74 earnings per share for the quarter, beating the consensus estimate of €0.72 by €0.02. Ahold had a net margin of 2.45% and a return on equity of 16.70%. Analysts anticipate that Ahold will post 3.15 earnings per share for the current 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.