Shares of Ahold NV (OTCMKTS:ADRNY - Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as €49.88 and last traded at €49.73, with a volume of 120115 shares traded. The stock had previously closed at €49.04.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on ADRNY. Wall Street Zen downgraded Ahold from a "strong-buy" rating to a "buy" rating in a research report on Monday, March 23rd. Zacks Research downgraded 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 given a Hold rating to the company. According to data from MarketBeat, Ahold presently has a consensus rating of "Buy".
Read Our Latest Stock Analysis on Ahold
Ahold Price Performance
The company has a debt-to-equity ratio of 0.32, a current ratio of 0.71 and a quick ratio of 0.42. The stock has a market cap of $44.22 billion, a price-to-earnings ratio of 17.51, a price-to-earnings-growth ratio of 2.70 and a beta of 0.48. The business's 50-day simple moving average is €46.30 and its two-hundred day simple moving average is €42.68.
Ahold (OTCMKTS:ADRNY - Get Free Report) last released its quarterly earnings results on Wednesday, February 11th. The company reported €0.85 earnings per share for the quarter, topping the consensus estimate of €0.78 by €0.07. The company had revenue of €27.35 billion for the quarter, compared to analysts' expectations of €27.51 billion. Ahold had a return on equity of 16.91% and a net margin of 2.45%. Research analysts expect that Ahold NV will post 2.84 earnings per share for the current year.
About Ahold
(
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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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