Rite Aid Corporation Company Profile (NYSE:RAD)

About Rite Aid Corporation

Rite Aid Corporation logoRite Aid Corporation is a retail drugstore chain. The Company's segments include Retail Pharmacy and Pharmacy Services. The Company operates under The Rite Aid name. It operates approximately 4,560 stores in over 30 states across the country and in the District of Columbia. The Company's Retail Pharmacy segment consists of Rite Aid stores, RediClinic and Health Dialog. It sells brand and generic prescription drugs, as well as an assortment of front-end products, including health and beauty aids, personal care products, seasonal merchandise, and a private brand product line. Its front-end products include over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise and numerous other everyday and convenience products. The Company's Pharmacy Services segment consists of EnvisionRx, which provides a range of pharmacy benefit services.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Drug Stores
  • Sub-Industry: Drug Retail
  • Exchange: NYSE
  • Symbol: RAD
  • CUSIP: 76775410
Key Metrics:
  • Previous Close: $5.91
  • 50 Day Moving Average: $6.78
  • 200 Day Moving Average: $7.42
  • 52-Week Range: $5.20 - $8.77
  • Trailing P/E Ratio: 74.81
  • Foreward P/E Ratio: 59.10
  • P/E Growth: -1.78
  • Market Cap: $6.18B
  • Outstanding Shares: 1,045,027,000
  • Beta: 1.89
Profitability:
  • Net Margins: 0.28%
  • Return on Equity: 24.52%
  • Return on Assets: 1.30%
Debt:
  • Debt-to-Equity Ratio: 11.22%
  • Current Ratio: 1.63%
  • Quick Ratio: 0.67%
Additional Links:
Companies Related to Rite Aid Corporation:

Analyst Ratings

Consensus Ratings for Rite Aid Corporation (NYSE:RAD) (?)
Ratings Breakdown: 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $8.25 (39.59% upside)

Analysts' Ratings History for Rite Aid Corporation (NYSE:RAD)
Show:
DateFirmActionRatingPrice TargetDetails
1/31/2017MizuhoLower Price Target$6.75View Rating Details
6/17/2016J P Morgan Chase & CoReiterated RatingHoldView Rating Details
6/1/2016Evercore ISIDowngradeBuy -> HoldView Rating Details
5/20/2016Credit Suisse GroupReiterated RatingOutperform$9.00View Rating Details
4/8/2016Deutsche Bank AGDowngradeBuy -> Hold$8.09 -> $9.00View Rating Details
1/7/2016Jefferies Group LLCBoost Price TargetHold$9.00View Rating Details
10/29/2015Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$9.00 -> $9.00View Rating Details
10/15/2015Cowen and CompanyLower Price TargetBuy$11.00 -> $10.00View Rating Details
9/18/2015S&P Equity ResearchReiterated RatingBuy$10.00 -> $9.00View Rating Details
8/13/2015Bank of America CorpInitiated CoverageBuy$11.00View Rating Details
7/10/2015Raymond James Financial, Inc.DowngradeOutperform -> Market PerformView Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Rite Aid Corporation (NYSE:RAD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/5/2017        
12/22/2016Q317$0.04$0.02$8.60 billionViewN/AView Earnings Details
9/22/2016Q2$0.03$0.03$8.00 millionViewN/AView Earnings Details
6/16/2016Q117$0.05$0.01$8.18 billionViewN/AView Earnings Details
4/7/2016Q416$0.06$0.07$8.27 billionViewN/AView Earnings Details
12/17/2015Q316$0.06$0.06$8.20 billionViewN/AView Earnings Details
9/17/2015Q216$0.03$0.02$7.70 billionViewListenView Earnings Details
6/18/2015Q116$0.03$0.04$6.65 billion$6.60 billionViewListenView Earnings Details
4/8/2015Q415$0.07$0.12$6.79 billion$6.85 billionViewN/AView Earnings Details
12/18/2014Q315$0.05$0.10$6.55 billion$6.70 billionViewListenView Earnings Details
9/18/2014Q215$0.06$0.13$6.50 billionViewListenView Earnings Details
6/19/2014Q115$0.05$0.04$6.43 billion$6.47 billionViewListenView Earnings Details
4/10/2014Q414$0.04$0.10$6.54 billion$6.60 billionViewListenView Earnings Details
12/19/2013Q314$0.04$0.04$6.30 billion$6.36 billionViewListenView Earnings Details
9/19/2013Q2 2014($0.04)$0.03$6.27 billion$6.30 billionViewListenView Earnings Details
6/20/2013Q1 2014$0.09$0.09$6.27 billion$6.30 billionViewListenView Earnings Details
4/11/2013Q4 2013($0.02)$0.13$6.47 billion$6.50 billionViewListenView Earnings Details
12/20/2012Q3 2013($0.03)$0.07$6.28 billion$6.24 billionViewListenView Earnings Details
9/20/2012Q213($0.07)($0.05)$6.20 billion$6.20 billionViewN/AView Earnings Details
6/21/2012($0.03)($0.03)ViewN/AView Earnings Details
4/12/2012($0.17)($0.18)ViewN/AView Earnings Details
12/15/2011($0.13)($0.06)ViewN/AView Earnings Details
9/22/2011($0.17)($0.11)ViewN/AView Earnings Details
6/23/2011($0.12)($0.07)ViewN/AView Earnings Details
4/7/2011($0.24)($0.24)ViewN/AView Earnings Details
12/16/2010($0.13)($0.09)$6.20 billion$6.20 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Rite Aid Corporation (NYSE:RAD)
Current Year EPS Consensus Estimate: $0.07 EPS
Next Year EPS Consensus Estimate: $0.10 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.06$0.06$0.06
Q2 20171$0.04$0.04$0.04
Q3 20171$0.08$0.08$0.08
Q1 20181$0.03$0.03$0.03
Q2 20181$0.04$0.04$0.04
Q3 20181$0.08$0.08$0.08
Q4 20181$0.07$0.07$0.07
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Rite Aid Corporation (NYSE:RAD)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Rite Aid Corporation (NYSE:RAD)
Insider Ownership Percentage: 2.33%
Institutional Ownership Percentage: 59.92%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/15/2016Douglas E DonleySVPSell34,106$7.77$265,003.62View SEC Filing  
7/9/2015Tony MontiniEVPSell353,194$8.38$2,959,765.72View SEC Filing  
4/15/2015Joseph B Anderson JrDirectorSell150,000$8.25$1,237,500.00View SEC Filing  
4/13/2015Robert K ThompsonEVPSell95,850$8.33$798,430.50View SEC Filing  
4/10/2015Douglas E DonleyCAOSell59,404$8.21$487,706.84View SEC Filing  
4/10/2015Marcy SymsDirectorSell150,000$8.26$1,239,000.00View SEC Filing  
12/29/2014Tony MontiniEVPSell49,525$7.47$369,951.75View SEC Filing  
12/23/2014Tony MontiniEVPSell259,750$6.92$1,797,470.00View SEC Filing  
12/22/2014John T StandleyCEOSell1,700,000$6.82$11,594,000.00View SEC Filing  
12/22/2014Kenneth MartindaleCOOSell1,043,400$6.80$7,095,120.00View SEC Filing  
12/22/2014Robert Ivan ThompsonEVPSell149,231$6.80$1,014,770.80View SEC Filing  
7/3/2014Robert Ivan ThompsonEVPSell249,583$7.48$1,866,880.84View SEC Filing  
6/24/2014Joseph B Anderson JrDirectorSell26,667$7.05$188,002.35View SEC Filing  
6/23/2014Robert Ivan ThompsonEVPSell510,000$7.06$3,600,600.00View SEC Filing  
4/22/2014Marc StrasslerEVPSell224,800$7.12$1,600,576.00View SEC Filing  
4/21/2014Frank VitranoEVPSell1,913,925$7.08$13,550,589.00View SEC Filing  
4/16/2014Robert Ivan ThompsonEVPSell25,566$7.03$179,728.98View SEC Filing  
2/19/2014John StandleyCEOSell1,200,000$6.23$7,476,000.00View SEC Filing  
2/19/2014Kenneth MartindaleCOOSell666,667$6.23$4,153,335.41View SEC Filing  
1/21/2014Douglas DonleySVPSell24,173$5.79$139,961.67View SEC Filing  
1/3/2014John StandleyCEOSell600,000$5.48$3,288,000.00View SEC Filing  
1/3/2014Kenneth MartindaleCOOSell333,333$5.48$1,826,664.84View SEC Filing  
10/18/2013Robert K ThompsonEVPSell250,000$5.27$1,317,500.00View SEC Filing  
10/17/2013Douglas E DonleySVPSell88,700$5.27$467,449.00View SEC Filing  
10/17/2013Marc A StrasslerEVPSell100,000$5.31$531,000.00View SEC Filing  
10/14/2013Frank VitranoCFOSell1,982,900$5.00$9,914,500.00View SEC Filing  
10/4/2013Tony MontiniEVPSell414,500$5.21$2,159,545.00View SEC Filing  
9/25/2013Robert Ivan ThompsonEVPSell400,000$4.81$1,924,000.00View SEC Filing  
7/18/2013Robert K ThompsonEVPSell401,655$3.01$1,208,981.55View SEC Filing  
7/16/2013David JessickInsiderSell100,000$2.93$293,000.00View SEC Filing  
7/16/2013Marc A StrasslerEVPSell375,000$2.96$1,110,000.00View SEC Filing  
7/12/2013Douglas E DonleySVPSell6,899$2.80$19,317.20View SEC Filing  
7/11/2013Douglas E DonleySVPSell75,378$2.78$209,550.84View SEC Filing  
7/11/2013Robert Ivan ThompsonEVPSell375,000$2.75$1,031,250.00View SEC Filing  
6/26/2013Jean Coutu Group (Pjc) Inc.Major ShareholderSell40,500,000$2.75$111,375,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Rite Aid Corporation (NYSE:RAD)
DateHeadline
News IconAll You Need To Know About Rite Aid Corporation (RAD) Revealed Perfectly In The Charts - NY Stock News (NYSE:RAD)
nystocknews.com - February 23 at 7:33 PM
News IconForward Earnings Estimate of Rite Aid Corporation(RAD) - Highland Mirror (NYSE:RAD)
www.highlandmirror.com - February 23 at 7:33 PM
News IconTaking a Look at the Chart for Rite Aid Corporation (RAD) - The USA Commerce (NYSE:RAD)
www.theusacommerce.com - February 23 at 8:37 AM
News IconThe Short Interest in Rite Aid Corporation (RAD) Increases By 25.4% (NYSE:RAD)
oakridgeobserver.com - February 22 at 7:37 PM
News IconWhat Analysts are Predicting For Brookdale Senior Living Inc. (BKD), Rite Aid Corporation (RAD)? - The USA Commerce (NYSE:RAD)
theusacommerce.com - February 22 at 9:30 AM
News IconTraders Secrets on United States Steel Corporation (X), Rite Aid Corporation (RAD) - StockNewsJournal (NYSE:RAD)
stocknewsjournal.com - February 22 at 9:30 AM
News IconStock Showing Surging Activity: Rite Aid Corporation (NYSE:RAD) (NYSE:RAD)
xboxonezone.com - February 21 at 5:24 PM
News IconRite Aid Corporation (RAD) Shares Sold by Private Advisor Group LLC (NYSE:RAD)
techknowbits.com - February 21 at 5:24 PM
fool.com logoThe Clock Is Ticking to Profit From Rite Aid Stock (NYSE:RAD)
www.fool.com - February 21 at 3:16 PM
News IconWhich insiders are trading Rite Aid Corporation (RAD)? - Post Analyst (NYSE:RAD)
postanalyst.com - February 20 at 9:16 AM
News IconWhy to Keeping Eye on Brookdale Senior Living Inc. (BKD), Rite Aid Corporation (RAD)? - StockNewsJournal (NYSE:RAD)
stocknewsjournal.com - February 20 at 9:16 AM
News IconRite Aid Corporation (RAD) : Checking the Chart - The USA Commerce (NYSE:RAD)
theusacommerce.com - February 17 at 8:00 PM
News IconTaking a Fresh Look at Rite Aid Corporation (RAD) - StockNewsJournal (NYSE:RAD)
stocknewsjournal.com - February 17 at 8:00 PM
News IconRevenue Approximations Analysis: United States Steel Corporation (X), Rite Aid Corporation (RAD) (NYSE:RAD)
fairydetox.org - February 16 at 7:05 PM
News IconAnalysts showing optimistic trends for: Rite Aid Corporation (NYSE:RAD) (NYSE:RAD)
www.graffiotech.com - February 16 at 7:05 PM
News IconROA of Rite Aid Corporation (NYSE:RAD) stands at 0.8 (NYSE:RAD)
techknowbits.com - February 16 at 7:05 PM
us.rd.yahoo.com logoRite Aid Expands Naloxone Dispensing Program in Six Additional States (NYSE:RAD)
us.rd.yahoo.com - February 16 at 7:05 PM
thestreet.com logoAt Long Last Walgreens and Rite Aid May Soon Be One Company (NYSE:RAD)
www.thestreet.com - February 16 at 7:04 PM
thestreet.com logoAt Long Last Walgreens and Rite Aid May Soon Be One Company (NYSE:RAD)
www.thestreet.com - February 16 at 7:04 PM
News IconBrokerage Overview of: Rite Aid Corporation (NYSE:RAD) (NYSE:RAD)
ekosvoice.com - February 15 at 12:20 AM
News IconRite Aid Corporation (NYSE:RAD) & ONEOK, Inc (NYSE:RAD)
interiordesignfuture.com - February 15 at 12:20 AM
News IconThe Rite Aid Corporation (RAD) Shares Bought by Verition Fund Management LLC (NYSE:RAD)
eleganthomesinla.com - February 15 at 12:20 AM
News IconSell-Side Analyst's Predictions: JC Penney Company, Inc. (JCP), Rite Aid Corporation (RAD) - The USA Commerce (NYSE:RAD)
www.theusacommerce.com - February 14 at 4:36 AM
News IconDigging Up the Facts on Rite Aid Corporation (RAD) - StockNewsJournal (NYSE:RAD)
stocknewsjournal.com - February 14 at 4:36 AM
investorplace.com logo3 Stocks to Buy for Under $10 With 25%-Plus Upside (NYSE:RAD)
investorplace.com - February 13 at 3:18 PM
News IconDrilling Down Into the Charts for Rite Aid Corporation (RAD) - The USA Commerce (NYSE:RAD)
theusacommerce.com - February 12 at 12:34 AM
thestreet.com logoBuy Rite Aid Because It's Very Likely to Be Owned by Walgreens Soon (NYSE:RAD)
www.thestreet.com - February 10 at 10:11 PM
fool.com logo2 Very Different Health-Related Companies, 1 Unhealthy Commonality (NYSE:RAD)
www.fool.com - February 10 at 12:10 PM
News IconRite Aid Corporation (NYSE:RAD) has current Market Capitalization of $5.55 Million (NYSE:RAD)
hoyentv.com - February 10 at 3:47 AM
News IconNioh Co-op Changed in Final Game Because It Was "Too Easy" (NYSE:RAD)
nyhetsbanken.info - February 9 at 10:46 PM
fool.com logoWhy Buying Rite Aid Stock Now Could Be a Smart Move (NYSE:RAD)
www.fool.com - February 8 at 10:01 PM
News IconUnusual Volume Spikes For: Rite Aid Corporation (NYSE:RAD) (NYSE:RAD)
prensariotiretail.com - February 7 at 10:35 PM
News IconThe Short Interest in Rite Aid Corporation (RAD) Rises By 25.4% (NYSE:RAD)
xboxonezone.com - February 7 at 10:35 PM
News IconTechnical Analysis on Overselling: Rite Aid Corporation (NYSE:RAD) (NYSE:RAD)
xboxonezone.com - February 7 at 12:35 AM
News IconWhat are Analysts opinions on: Rite Aid Corporation (NYSE:RAD) (NYSE:RAD)
mundoaguaysaneamiento.net - February 7 at 12:35 AM
News IconThe Technical Case for and Against Rite Aid Corporation (RAD) - The USA Commerce (NYSE:RAD)
www.theusacommerce.com - February 6 at 7:33 PM
News IconStock Price of Rite Aid Corporation (RAD) Decreases -23.95% - Highland Mirror (NYSE:RAD)
www.highlandmirror.com - February 6 at 7:33 PM
News IconRite Aid, Supervalu Slump into Monday’s 52-Week Low Club (NYSE:RAD)
feedproxy.google.com - February 6 at 4:31 PM
fool.com logoWhy Rite Aid Plunged 31.3% in January (NYSE:RAD)
www.fool.com - February 6 at 1:30 PM
zacks.com logoImplied Volatility Surging for Rite Aid (RAD) Stock Options (NYSE:RAD)
www.zacks.com - February 6 at 8:51 AM
fool.com logoCan Rite Aid Stock Bounce Back After Last Week's 24% Drop? (NYSE:RAD)
www.fool.com - February 5 at 11:33 AM
News IconRite Aid Corporation (RAD) Given New $6.75 Price Target at Mizuho (NYSE:RAD)
eleganthomesinla.com - February 3 at 9:56 PM
News IconRite Aid Corporation (NYSE:RAD) Reviewed By Analysts (NYSE:RAD)
latribunadecanarias.com - February 3 at 9:56 PM
News IconComprehensive Stock Analysis of: Rite Aid Corporation (NYSE:RAD) (NYSE:RAD)
mlbinjurynews.com - February 3 at 3:24 AM
News IconEarnings Estimates Revision Screen: Rite Aid Corporation (RAD) (NYSE:RAD)
prensariotiretail.com - February 2 at 10:24 PM
News IconRalph Lauren, Rite Aid Drop into Thursday’s 52-Week Low Club (NYSE:RAD)
feedproxy.google.com - February 2 at 5:20 PM
News IconRite Aid Corporation (RAD) Stock Price Decreases -7.1% (NYSE:RAD)
ekosvoice.com - February 1 at 10:41 PM
News IconEarnings Forecast Research on Rite Aid Corporation (RAD) (NYSE:RAD)
hoyentv.com - February 1 at 10:41 PM
News IconRite Aid Corporation (NYSE:RAD), Bank of America Corporation (NYSE:BAC) (NYSE:RAD)
nflnewsdesk.com - February 1 at 10:41 PM
us.rd.yahoo.com logoRite Aid Stock Tanks as Walgreens Drops Merger Price (NYSE:RAD)
us.rd.yahoo.com - February 1 at 10:41 PM

Social

What is Rite Aid Corporation's stock symbol?

Rite Aid Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "RAD."

Where is Rite Aid Corporation's stock going? Where will Rite Aid Corporation's stock price be in 2017?

5 equities research analysts have issued 1 year price objectives for Rite Aid Corporation's shares. Their forecasts range from $6.75 to $9.00. On average, they expect Rite Aid Corporation's stock price to reach $8.25 in the next year.

When will Rite Aid Corporation announce their earnings?

Rite Aid Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, April, 5th 2017.

What are analysts saying about Rite Aid Corporation stock?

Here are some recent quotes from research analysts about Rite Aid Corporation stock:

  • According to Zacks Investment Research, "Rite Aid’s stringent focus on cost management, alongside strengthening its portfolio of health and wellness services has been impressive. However, the company faced challenges related to pharmacy reimbursement rate that also pressured its top-line in the second quarter of fiscal 2017. Further, these hurdles are anticipated to linger throughout fiscal 2017, thus raising concerns over the company’s near-term performance. Moreover, risks related to increased industry consolidation and intense competition from other drug-store chains cannot be ignored. Nonetheless, Rite Aid’s constant endeavors to enhance pharmacy and clinical services bode well. Further, the company remains positioned to gain from its merger with Walgreens Boots Alliance, which is now expected to close by the end of January 2017, reflecting an extension from its previous deadline. Estimates have also been stable ahead of the company's third-quarter earnings." (11/23/2016)

  • J P Morgan Chase & Co analysts commented, "Yesterday, MGM hosted an investor day in Las Vegas, where management provided an overview of the company’s financial outlook/guidance, its positive outlook for Las Vegas, an update on its construction projects, and various examples of how they are driving efficiency and innovating. By 2019, the company expects to achieve $4.0b of adjusted EBITDA (15%+ CAGR) and $2.075b of adjusted free cash flow (after all capex). The company also expects to achieve an investment grade credit rating, with net leverage seen declining to the low ~4x range in 2017 and low ~3x range in 2018 (pro forma 1Q16 net leverage: 4.8x). Additionally, MGM upsized its profit growth plan by $100m, now seeing $400m in savings and low 30% wholly owned domestic EBITDA margins by 2017, and also reiterated its expectation for 6%+ 2016 RevPAR growth. Given MGM’s strong operating trends, pipeline of upcoming projects, and compelling valuation of 9.3x our 2017E EBITDA, we continue to see value in the shares and reiterate our Overweight rating and $30 price target." (6/17/2016)

Who owns Rite Aid Corporation stock?

Rite Aid Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Franklin Resources Inc. (3.27%), FMR LLC (3.12%), State Street Corp (1.82%), CNH Partners LLC (1.69%), Highfields Capital Management LP (1.44%) and Two Sigma Investments LP (1.38%). Company insiders that own Rite Aid Corporation stock include Douglas E Donley, Joseph B Anderson Jr, Marcy Syms, Robert K Thompson and Tony Montini.

Who sold Rite Aid Corporation stock? Who is selling Rite Aid Corporation stock?

Rite Aid Corporation's stock was sold by a variety of institutional investors in the last quarter, including CNH Partners LLC, FMR LLC, Raymond James Financial Services Advisors Inc., Credit Agricole S A, Guggenheim Capital LLC, Gamco Investors INC. ET AL, Dimensional Fund Advisors LP and Angelo Gordon & CO. L.P..

Who bought Rite Aid Corporation stock? Who is buying Rite Aid Corporation stock?

Rite Aid Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Public Sector Pension Investment Board, Two Sigma Investments LP, Highfields Capital Management LP, White Square Capital LLP, Asset Management One Co. Ltd., Halcyon Management Partners LP, GLG Partners LP and Allianz Asset Management AG.

How do I buy Rite Aid Corporation stock?

Shares of Rite Aid Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Rite Aid Corporation stock cost?

One share of Rite Aid Corporation stock can currently be purchased for approximately $5.91.

Rite Aid Corporation (NYSE:RAD) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Rite Aid Corporation (NYSE:RAD)

Earnings History Chart

Earnings by Quarter for Rite Aid Corporation (NYSE:RAD)

Dividend History Chart

Dividend Payments by Quarter for Rite Aid Corporation (NYSE:RAD)

Last Updated on 2/23/2017 by MarketBeat.com Staff