Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Reaches New 1-Year High - Still a Buy?

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report)'s share price reached a new 52-week high on Tuesday . The company traded as high as €42.98 ($48.84) and last traded at €42.70 ($48.52), with a volume of 51059 shares traded. The stock had previously closed at €42.67 ($48.49).

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. The Goldman Sachs Group raised shares of Koninklijke Ahold Delhaize to a "strong-buy" rating in a research report on Thursday, March 13th. Wall Street Zen raised Koninklijke Ahold Delhaize from a "buy" rating to a "strong-buy" rating in a research report on Thursday, May 22nd. Finally, Kepler Capital Markets lowered Koninklijke Ahold Delhaize from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 8th.

Koninklijke Ahold Delhaize Trading Up 0.6%

The company's 50 day moving average is €39.86 and its 200 day moving average is €36.56. The stock has a market capitalization of $38.57 billion, a price-to-earnings ratio of 20.70, a PEG ratio of 1.82 and a beta of 0.54. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.49 and a current ratio of 0.79.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported €0.65 ($0.74) EPS for the quarter. Koninklijke Ahold Delhaize had a return on equity of 15.81% and a net margin of 1.97%. On average, research analysts forecast that Koninklijke Ahold Delhaize will post 2.84 EPS for the current fiscal year.

Koninklijke Ahold Delhaize Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 24th. Shareholders of record on Monday, April 14th were paid a dividend of $0.7044 per share. This is a positive change from Koninklijke Ahold Delhaize's previous dividend of $0.42. The ex-dividend date of this dividend was Monday, April 14th. Koninklijke Ahold Delhaize's dividend payout ratio is currently 58.17%.

Koninklijke Ahold Delhaize Company Profile

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce in the United States, Europe, and internationally. The company's stores offer produce, dairy, meat, deli, bakery, seafood, and frozen products; grocery, beer, and wine; floral, pet food, health and beauty care, kitchen and cookware, gardening tools, general merchandise articles, electronics, newspapers and magazines, tobacco, etc.; gasoline; and pharmacy products.