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

Shares of Ahold NV (OTCMKTS:ADRNY) have been assigned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and two have given a strong buy rating to the company.

A number of analysts have recently weighed in on the stock. Royal Bank Of Canada upgraded shares of Ahold to a “hold” rating in a research note on Monday, July 6th. The Goldman Sachs Group downgraded shares of Ahold from a “strong-buy” rating to a “neutral” rating in a research report on Monday, June 1st.

Ahold Trading Down 0.1%

Shares of OTCMKTS:ADRNY opened at €37.82 on Friday. The company has a quick ratio of 0.46, a current ratio of 0.77 and a debt-to-equity ratio of 0.36. Ahold has a 52-week low of €32.25 and a 52-week high of €50.02. The stock has a market cap of $33.30 billion, a price-to-earnings ratio of 12.82, a PEG ratio of 1.83 and a beta of 0.44. The business has a 50-day moving average price of €40.11 and a 200-day moving average price of €43.61.

Ahold (OTCMKTS:ADRNY) last issued its earnings results on Wednesday, August 5th. The company reported €0.74 EPS for the quarter, beating analysts’ consensus estimates of €0.72 by €0.02. Ahold had a return on equity of 16.70% and a net margin of 2.45%. Equities analysts predict that Ahold will post 3.15 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.