Ahold (OTCMKTS:ADRNY) Issues Earnings Results

Ahold (OTCMKTS:ADRNY) announced its quarterly earnings data on Wednesday. The company reported €0.73 EPS for the quarter, beating analysts’ consensus estimates of €0.70 by €0.03, Zacks reports. The company 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 17.29%.

Ahold Stock Performance

ADRNY traded up €0.04 on Friday, reaching €44.00. The company had a trading volume of 4,312 shares, compared to its average volume of 95,139. The stock has a market cap of $39.03 billion, a P/E ratio of 15.02, a P/E/G ratio of 2.52 and a beta of 0.48. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.42 and a current ratio of 0.71. Ahold has a fifty-two week low of €32.25 and a fifty-two week high of €50.02. The company’s fifty day moving average is €47.72 and its 200 day moving average is €43.63.

Wall Street Analyst Weigh In

A number of research firms recently commented on ADRNY. Wall Street Zen cut Ahold from a “strong-buy” rating to a “buy” rating in a report on Monday, March 23rd. Zacks Research cut Ahold from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 19th. Two research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

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.