Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Expected to Post FY2022 Earnings of $2.35 Per Share

Koninklijke Ahold Delhaize (OTCMKTS:ADRNYGet Rating) – Equities researchers at Jefferies Financial Group lowered their FY2022 earnings estimates for shares of Koninklijke Ahold Delhaize in a report issued on Wednesday, May 11th. Jefferies Financial Group analyst J. Grzinic now anticipates that the company will post earnings per share of $2.35 for the year, down from their previous estimate of $2.38. Jefferies Financial Group also issued estimates for Koninklijke Ahold Delhaize’s FY2023 earnings at $2.42 EPS and FY2024 earnings at $2.55 EPS.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNYGet Rating) last issued its quarterly earnings data on Wednesday, February 16th. The company reported $0.67 EPS for the quarter, meeting the consensus estimate of $0.67. The company had revenue of $23.04 billion for the quarter, compared to analyst estimates of $22.63 billion. Koninklijke Ahold Delhaize had a return on equity of 16.97% and a net margin of 2.97%.

ADRNY has been the topic of a number of other research reports. Sanford C. Bernstein set a €33.00 ($34.74) target price on Koninklijke Ahold Delhaize in a research report on Tuesday, April 19th. Zacks Investment Research cut Koninklijke Ahold Delhaize from a “hold” rating to a “sell” rating in a research note on Thursday. Oddo Bhf raised Koninklijke Ahold Delhaize from a “neutral” rating to an “outperform” rating and set a €31.00 ($32.63) target price for the company in a research note on Friday, February 18th. Barclays set a €31.00 ($32.63) price target on Koninklijke Ahold Delhaize in a report on Monday, April 11th. Finally, Credit Suisse Group boosted their target price on Koninklijke Ahold Delhaize from €25.00 ($26.32) to €26.00 ($27.37) in a report on Friday, February 18th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Koninklijke Ahold Delhaize currently has an average rating of “Hold” and a consensus target price of $31.26.

Shares of Koninklijke Ahold Delhaize stock opened at $27.92 on Friday. Koninklijke Ahold Delhaize has a one year low of $27.18 and a one year high of $35.63. The company has a market cap of $29.23 billion, a price-to-earnings ratio of 10.95, a PEG ratio of 1.99 and a beta of 0.40. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.41 and a current ratio of 0.68. The business’s 50 day moving average price is $30.30 and its 200 day moving average price is $31.93.

The firm also recently declared a dividend, which was paid on Thursday, April 28th. Shareholders of record on Wednesday, April 20th were paid a dividend of $0.4683 per share. This represents a dividend yield of 2.81%. The ex-dividend date of this dividend was Tuesday, April 19th. Koninklijke Ahold Delhaize’s dividend payout ratio is presently 36.08%.

Koninklijke Ahold Delhaize Company Profile (Get Rating)

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce primarily in the United States and Europe. Its store formats include supermarkets, convenience stores, drugstores, and hypermarkets. It also subleases its stores to franchisees. As of January 2, 2022, it operated 7,452 stores primarily under local brands serving approximately 55 million customers, as well as online.

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Earnings History and Estimates for Koninklijke Ahold Delhaize (OTCMKTS:ADRNY)

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