Jefferies Financial Group upgraded shares of Ahold (OTCMKTS:ADRNY – Free Report) from a hold rating to a strong-buy rating in a research note issued to investors on Monday,Zacks.com reports.
Separately, Zacks Research downgraded shares of Ahold from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 14th. Two investment analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.
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Ahold Stock Performance
Shares of Ahold stock opened at €39.58 on Monday. The company has a market capitalization of $36.04 billion, a PE ratio of 18.07, a P/E/G ratio of 1.67 and a beta of 0.49. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.43 and a current ratio of 0.72. The company has a 50-day simple moving average of €40.30 and a two-hundred day simple moving average of €40.13. Ahold has a one year low of €31.64 and a one year high of €42.98.
Ahold (OTCMKTS:ADRNY – Get Free Report) last announced its earnings results on Wednesday, August 6th. The company reported €0.74 EPS for the quarter. Ahold had a net margin of 2.02% and a return on equity of 15.88%. Research analysts expect that Ahold will post 2.84 EPS for the current fiscal year.
Ahold Cuts Dividend
The business also recently disclosed a dividend, which was paid on Thursday, August 28th. Stockholders of record on Tuesday, August 12th were issued a dividend of $0.4157 per share. The ex-dividend date was Monday, August 11th. This represents a dividend yield of 250.0%. Ahold’s dividend payout ratio is 42.47%.
Ahold Company Profile
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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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