Ahold (OTCMKTS:ADRNY) Hits New 12-Month Low – Should You Sell?

Shares of Ahold NV (OTCMKTS:ADRNY) reached a new 52-week low during mid-day trading on Friday . The company traded as low as €32.25 and last traded at €39.10, with a volume of 36578 shares changing hands. The stock had previously closed at €39.32.

Wall Street Analyst Weigh In

ADRNY has been the topic of a number of research reports. Jefferies Financial Group upgraded Ahold from a “hold” rating to a “strong-buy” rating in a report on Monday, September 22nd. UBS Group upgraded Ahold from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 16th. Kepler Capital Markets raised Ahold from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. Finally, Zacks Research cut shares of Ahold from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 1st. Three analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Ahold Stock Performance

The company has a market capitalization of $34.90 billion, a price-to-earnings ratio of 15.58, a PEG ratio of 1.76 and a beta of 0.49. The stock has a fifty day moving average price of €40.86 and a two-hundred day moving average price of €40.83. The company has a quick ratio of 0.42, a current ratio of 0.70 and a debt-to-equity ratio of 0.33.

Ahold (OTCMKTS:ADRNY) last posted its quarterly earnings data on Wednesday, November 5th. The company reported €0.78 EPS for the quarter. Ahold had a return on equity of 16.23% and a net margin of 2.25%. As a group, analysts forecast that Ahold NV 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.