Ahold NV (OTCMKTS:ADRNY) Given Average Recommendation of “Strong Buy” by Analysts

Shares of Ahold NV (OTCMKTS:ADRNY) have earned a consensus recommendation of “Strong Buy” from the five ratings firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and four have issued a strong buy recommendation on the company.

ADRNY has been the topic of several research reports. Zacks Research upgraded Ahold from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 16th. Kepler Capital Markets raised Ahold from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th.

Ahold Price Performance

Shares of ADRNY stock opened at €47.29 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.42 and a current ratio of 0.70. Ahold has a fifty-two week low of €32.25 and a fifty-two week high of €47.47. The firm has a market cap of $42.20 billion, a P/E ratio of 16.71, a P/E/G ratio of 2.65 and a beta of 0.50. The business’s 50 day moving average price is €41.13 and its 200-day moving average price is €40.97.

Ahold (OTCMKTS:ADRNY) last released its quarterly earnings results on Wednesday, February 11th. The company reported €0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of €0.78 by €0.07. The company had revenue of €27.35 billion during the quarter, compared to the consensus estimate of €27.51 billion. Ahold had a net margin of 2.45% and a return on equity of 16.89%. On average, equities research analysts anticipate that Ahold will post 2.84 earnings per share for the current year.

Ahold Company Profile

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.