Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Sets New 52-Week High - Should You Buy?

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The company traded as high as €39.77 ($45.19) and last traded at €39.52 ($44.91), with a volume of 72300 shares traded. The stock had previously closed at €39.34 ($44.70).

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised shares of Koninklijke Ahold Delhaize to a "strong-buy" rating in a research report on Thursday, March 13th.

Koninklijke Ahold Delhaize Trading Down 0.4 %

The firm has a market capitalization of $37.09 billion, a P/E ratio of 19.90, a PEG ratio of 1.82 and a beta of 0.53. The business's 50 day moving average is €37.27 and its two-hundred day moving average is €35.19. The company has a quick ratio of 0.49, a current ratio of 0.79 and a debt-to-equity ratio of 0.35.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The company reported €0.74 ($0.84) EPS for the quarter. Koninklijke Ahold Delhaize had a net margin of 1.97% and a return on equity of 15.81%. Analysts expect that Koninklijke Ahold Delhaize will post 2.84 EPS for the current year.

Koninklijke Ahold Delhaize Increases Dividend

The company also recently declared 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 was Monday, April 14th. Koninklijke Ahold Delhaize's dividend payout ratio (DPR) is presently 59.31%.

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.