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
(
Get Free Report)
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.
Recommended Stories
Before you consider Koninklijke Ahold Delhaize, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Koninklijke Ahold Delhaize wasn't on the list.
While Koninklijke Ahold Delhaize currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.