Ahold NV (OTCMKTS:ADRNY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Ahold NV (OTCMKTS:ADRNY) have earned a consensus recommendation of “Moderate Buy” from the five analysts that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and two have issued a strong buy recommendation on the company.

Several brokerages recently weighed in on ADRNY. Wall Street Zen downgraded Ahold from a “strong-buy” rating to a “buy” rating in a report on Monday, March 23rd. The Goldman Sachs Group downgraded Ahold from a “strong-buy” rating to a “neutral” rating in a report on Monday, June 1st. Finally, Zacks Research downgraded Ahold from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 19th.

Ahold Price Performance

Shares of OTCMKTS ADRNY opened at €39.97 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.77 and a quick ratio of 0.46. The stock has a fifty day moving average price of €43.47 and a 200 day moving average price of €43.70. Ahold has a 1-year low of €32.25 and a 1-year high of €50.02. The company has a market cap of $35.45 billion, a PE ratio of 13.64, a P/E/G ratio of 1.94 and a beta of 0.43.

Ahold (OTCMKTS:ADRNY) last issued its quarterly earnings results on Wednesday, May 6th. The company reported €0.73 earnings per share for the quarter, topping the consensus estimate of €0.70 by €0.03. Ahold had a return on equity of 16.97% and a net margin of 2.48%.The firm had revenue of €26.07 billion during the quarter, compared to the consensus estimate of €26.24 billion. Sell-side analysts forecast that Ahold will post 3.21 EPS 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.