Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Hits New 12-Month High – What’s Next?

Shares of Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) hit a new 52-week high during trading on Tuesday . The company traded as high as €39.77 ($45.71) and last traded at €39.52 ($45.43), with a volume of 72300 shares traded. The stock had previously closed at €39.34 ($45.22).

Wall Street Analyst Weigh In

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

Koninklijke Ahold Delhaize Stock Performance

The company has a debt-to-equity ratio of 0.35, a current ratio of 0.79 and a quick ratio of 0.49. The stock has a market capitalization of $36.10 billion, a price-to-earnings ratio of 19.37, a price-to-earnings-growth ratio of 1.82 and a beta of 0.53. The stock has a 50-day moving average of €36.88 and a 200 day moving average of €35.01.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) last announced its earnings results on Wednesday, February 12th. The company reported €0.74 ($0.85) EPS for the quarter. Koninklijke Ahold Delhaize had a net margin of 1.97% and a return on equity of 15.81%. On average, analysts expect that Koninklijke Ahold Delhaize will post 2.84 EPS for the current year.

Koninklijke Ahold Delhaize Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, April 24th. Shareholders of record on Monday, April 14th will be issued a dividend of $0.7044 per share. This is an increase from Koninklijke Ahold Delhaize’s previous dividend of $0.42. The ex-dividend date of this dividend is Monday, April 14th. Koninklijke Ahold Delhaize’s dividend payout ratio (DPR) is currently 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.