Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Reaches New 12-Month High - Should You Buy?

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report)'s share price reached a new 52-week high on Tuesday . The stock traded as high as €39.77 ($45.19) and last traded at €39.52 ($44.91), with a volume of 72300 shares traded. The stock had previously closed at €39.34 ($44.70).

Wall Street Analyst Weigh In

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

Koninklijke Ahold Delhaize Stock Down 0.4 %

The firm has a market capitalization of $37.09 billion, a P/E ratio of 19.90, a P/E/G ratio of 1.82 and a beta of 0.53. The company has a quick ratio of 0.49, a current ratio of 0.79 and a debt-to-equity ratio of 0.35. The company has a fifty day simple moving average of €37.17 and a 200 day simple moving average of €35.14.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The company reported €0.74 ($0.84) earnings per share for the quarter. Koninklijke Ahold Delhaize had a net margin of 1.97% and a return on equity of 15.81%. On average, equities analysts expect that Koninklijke Ahold Delhaize will post 2.84 EPS for the current fiscal year.

Koninklijke Ahold Delhaize Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 24th. Stockholders of record on Monday, April 14th were paid a $0.7044 dividend. This is a positive change from Koninklijke Ahold Delhaize's previous dividend of $0.42. The ex-dividend date of this dividend was Monday, April 14th. Koninklijke Ahold Delhaize's dividend payout ratio is 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.