Ahold NV (OTCMKTS:ADRNY) Sees Large Decrease in Short Interest

Key Points

• Short interest plunged 59.1%, falling from 51,070 to 20,864 shares as of March 13, leaving 0.0% of shares sold short and a days-to-cover ratio of just 0.1.
• Quarterly results beat on EPS: Ahold reported €0.85 EPS versus €0.78 expected, while revenue of €27.35 billion slightly missed the €27.51 billion estimate.
• Analysts maintain a consensus "Buy" rating despite recent downgrades; the stock trades around €46.68 with a 52‑week range of €32.25–€49.82, market cap ~$41.66B and a P/E of ~16.5.

Ahold NV (OTCMKTS:ADRNY - Get Free Report) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 20,864 shares, a drop of 59.1% from the February 26th total of 51,070 shares. Currently, 0.0% of the company's shares are sold short. Based on an average daily volume of 149,276 shares, the days-to-cover ratio is presently 0.1 days.

Ahold Price Performance

Shares of Ahold stock opened at €46.68 on Thursday. 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 52-week low of €32.25 and a 52-week high of €49.82. The stock has a market capitalization of $41.66 billion, a price-to-earnings ratio of 16.49, a P/E/G ratio of 2.62 and a beta of 0.47. The company's 50 day moving average price is €44.60 and its 200-day moving average price is €42.16.

Ahold (OTCMKTS:ADRNY - Get Free Report) last posted its earnings results on Wednesday, February 11th. The company reported €0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of €0.78 by €0.07. Ahold had a return on equity of 16.91% and a net margin of 2.45%.The company had revenue of €27.35 billion for the quarter, compared to analysts' expectations of €27.51 billion. Equities research analysts forecast that Ahold will post 2.84 EPS for the current year.

Analyst Ratings Changes

ADRNY has been the subject of several analyst reports. Zacks Research lowered shares of Ahold from a "strong-buy" rating to a "hold" rating in a research report on Thursday, March 19th. Wall Street Zen downgraded Ahold from a "strong-buy" rating to a "buy" rating in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Ahold 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.

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