Wall Street Zen upgraded shares of Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Free Report) from a buy rating to a strong-buy rating in a report released on Thursday.
Several other equities analysts have also recently issued reports on ADRNY. The Goldman Sachs Group upgraded Koninklijke Ahold Delhaize to a "strong-buy" rating in a report on Thursday, March 13th. Kepler Capital Markets lowered shares of Koninklijke Ahold Delhaize from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 8th.
Read Our Latest Report on ADRNY
Koninklijke Ahold Delhaize Price Performance
OTCMKTS ADRNY traded up €0.01 ($0.01) during trading on Thursday, reaching €42.67 ($48.49). 153,900 shares of the company traded hands, compared to its average volume of 120,715. Koninklijke Ahold Delhaize has a 1-year low of €29.51 ($33.53) and a 1-year high of €42.93 ($48.79). The company has a market cap of $38.98 billion, a price-to-earnings ratio of 20.92, a P/E/G ratio of 1.82 and a beta of 0.54. The stock's 50 day moving average price is €39.43 and its two-hundred day moving average price is €36.36. 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 released its quarterly earnings results on Wednesday, May 7th. The company reported €0.65 ($0.74) earnings per share for the quarter. Koninklijke Ahold Delhaize had a return on equity of 15.81% and a net margin of 1.97%. As a group, analysts anticipate that Koninklijke Ahold Delhaize will post 2.84 EPS for the current year.
Koninklijke Ahold Delhaize Increases Dividend
The business also recently declared a dividend, which was paid on Thursday, April 24th. Stockholders of record on Monday, April 14th were given a $0.7044 dividend. 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 currently 58.17%.
About Koninklijke Ahold Delhaize
(
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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.
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