Ahold NV (OTCMKTS:ADRNY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Ahold NV (OTCMKTS:ADRNY) have been assigned an average rating of “Moderate Buy” from the six analysts that are currently covering the company, 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 research firms have recently commented on ADRNY. The Goldman Sachs Group lowered Ahold from a “strong-buy” rating to a “neutral” rating in a research report on Monday, June 1st. Royal Bank Of Canada raised Ahold to a “hold” rating in a research note on Monday, July 6th.

Ahold Stock Performance

Shares of ADRNY stock opened at €38.15 on Tuesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.46 and a current ratio of 0.77. The firm has a market cap of $33.59 billion, a P/E ratio of 13.02, a P/E/G ratio of 1.94 and a beta of 0.44. The firm’s 50 day moving average price is €41.23 and its 200-day moving average price is €43.70. Ahold has a one year low of €32.25 and a one year high of €50.02.

Ahold (OTCMKTS:ADRNY) last posted its earnings results on Wednesday, May 6th. The company reported €0.73 earnings per share for the quarter, beating the consensus estimate of €0.70 by €0.03. The firm had revenue of €26.07 billion during the quarter, compared to the consensus estimate of €26.24 billion. Ahold had a net margin of 2.48% and a return on equity of 16.97%. As a group, equities research analysts predict that Ahold will post 3.15 EPS 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.