Ahold (OTCMKTS:ADRNY) Lowered to "Buy" Rating by Wall Street Zen

Key Points

• Analyst downgrades: Wall Street Zen cut Ahold from a "strong-buy" to a "buy," and Zacks Research lowered it from "strong-buy" to "hold," while the consensus rating remains Buy (two Strong Buy, two Hold).
• Latest quarter and valuation: Ahold reported EPS of €0.85 beating the €0.78 estimate but revenue of €27.35B slightly missed €27.51B; the stock has a market cap of ~$41.96B and a P/E of 16.61, with analysts forecasting ~2.84 EPS for the year.

Ahold (OTCMKTS:ADRNY - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research report issued on Monday.

Separately, Zacks Research cut shares of Ahold from a "strong-buy" rating to a "hold" rating in a research report on Thursday. Two 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 company has a consensus rating of "Buy".

Ahold Stock Performance

Shares of ADRNY opened at €47.02 on Monday. The business has a 50-day simple moving average of €44.16 and a two-hundred day simple moving average of €42.04. The company has a quick ratio of 0.42, a current ratio of 0.71 and a debt-to-equity ratio of 0.32. Ahold has a 52 week low of €32.25 and a 52 week high of €49.82. The stock has a market cap of $41.96 billion, a price-to-earnings ratio of 16.61, a PEG ratio of 2.63 and a beta of 0.47.

Ahold (OTCMKTS:ADRNY - Get Free Report) last announced its quarterly earnings data on Wednesday, February 11th. The company reported €0.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of €27.51 billion. On average, analysts expect that Ahold will post 2.84 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.

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