In November, short interest in Koninklijke Ahold Delhaize (OTCMKTS: ADRNY) rose dramatically. On November 15th, the total number of shares available for a short sale was 23,900, representing a 198.8% increase over the 8,000 shares available the day before. Based on an average daily volume of 240,700 shares, the short-interest ratio is currently at 0.1 days. This number was calculated.
Koninklijke Ahold Delhaize (OTCMKTS: ADRNY) released the results of its most recent quarterly earnings report on Wednesday, November 9th. The company reported earnings per share (EPS) of $0.71 for the quarter, which was $0.15 more than the consensus estimate of $0.56 among industry analysts. In addition, the revenue for the quarter came in at $22.58 billion, exceeding the consensus forecast of $21.41 billion among analysts. The return on equity for Koninklijke Ahold Delhaize was 16.32%, and the company’s net margin was 2.84%. According to analysts’ projections, Koninklijke Ahold Delhaize will generate earnings of 2.32 cents per share for the current financial year.
Recently, several equity analysts have provided their opinions on the company. Exane BNP Paribas upgraded Koninklijke Ahold Delhaize from a “neutral” rating to an “outperform” rating. They set a price target of €31.50 ($32.47) for the company in a research note published on Monday, October 10th. Bryan upgraded Koninklijke Ahold Delhaize, Garnier & Co. from a “neutral” rating to a “buy” rating in a research note published on Wednesday, August 31st. Additionally, Bryan, Garnier & Co. boosted their price goal for the company from €31.00 ($31.96) to €34.00 ($35.05.) In a research note released on Monday, October 10th, BNP Paribas raised Koninklijke Ahold Delhaize from a “neutral” to an “outperform” rating. According to the data provided by Bloomberg, six analysts have suggested to investors that they purchase the stock. The average price objective for the share of stock is $31.15, and the average recommendation for the share is “Buy.”
The OTCMKTS: ADRNY stock price was $28.88 when trading began on Tuesday. The price of Koninklijke Ahold Delhaize has ranged from a low of $24.80 to a high of $35.63 during the past 12 months. The moving average of the stock over the past 50 days is $28.38, while the moving average over the past 200 days is $27.44. The ratio of current assets to current liabilities is 0.71; the ratio of quick assets to current liabilities is 0.43, and the ratio of debt to equity is 0.30. The firm’s market capitalization is $30.24 billion; it has a price-to-earnings ratio of 11.28, a price-to-earnings-growth ratio of 1.96, and a beta of 0.46.
Koninklijke Ahold Delhaize NV operates supermarkets and an online business. The United States, Europe, Other Retail, and the Global Support Office make up the four different business units that make up the company. There are a variety of retail establishments in the United States, including Stop & Shop, Food Lion, Giant & Martin’s, Hannaford, Giant Food, and Peapod.
