NYSE:RAD - Rite Aid Stock Price, News, & Analysis

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$1.21 +0.01 (+0.83 %)
(As of 11/18/2018 04:00 PM ET)
Previous Close$1.21
Today's Range$1.19 - $1.2450
52-Week Range$0.98 - $2.55
Volume13.94 million shs
Average Volume10.88 million shs
Market Capitalization$1.29 billion
P/E Ratio-60.50
Dividend YieldN/A
Beta1.48
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. It operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment sells prescription drugs and a range of other merchandise, including over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other every day and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services comprising screenings, medical tests, immunizations, and basic physical exams. In addition, this segment offers healthcare coaching and disease management services. The Pharmacy Services segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. This segment also performs prescription adjudication services for other PBMs; and offers integrated mail-order, specialty and compounding pharmacy, and infertility treatment services, as well as drug benefits under the federal government's Medicare Part D program. As of April 12, 2018, the company operated approximately 2,548 stores in 19 states. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Drug stores & proprietary stores
Sub-IndustryDrug Retail
SectorRetail/Wholesale
Current SymbolNYSE:RAD
Previous Symbol
CUSIP76775410
Phone717-761-2633

Debt

Debt-to-Equity Ratio2.41
Current Ratio1.62
Quick Ratio0.94

Price-To-Earnings

Trailing P/E Ratio-60.50
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$21.53 billion
Price / Sales0.06
Cash Flow$0.5874 per share
Price / Cash2.06
Book Value$1.50 per share
Price / Book0.81

Profitability

EPS (Most Recent Fiscal Year)($0.02)
Net Income$943.47 million
Net Margins3.26%
Return on Equity-1.97%
Return on Assets-0.30%

Miscellaneous

Employees59,000
Outstanding Shares1,066,570,000
Market Cap$1.29 billion
OptionableOptionable

Rite Aid (NYSE:RAD) Frequently Asked Questions

What is Rite Aid's stock symbol?

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

How were Rite Aid's earnings last quarter?

Rite Aid Co. (NYSE:RAD) issued its quarterly earnings data on Thursday, September, 27th. The company reported ($0.01) EPS for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.01). The business earned $5.42 billion during the quarter, compared to analyst estimates of $5.36 billion. Rite Aid had a net margin of 3.26% and a negative return on equity of 1.97%. The company's revenue for the quarter was up 1.4% on a year-over-year basis. During the same period in the prior year, the business earned ($0.01) EPS. View Rite Aid's Earnings History.

When is Rite Aid's next earnings date?

Rite Aid is scheduled to release their next quarterly earnings announcement on Wednesday, January 2nd 2019. View Earnings Estimates for Rite Aid.

What guidance has Rite Aid issued on next quarter's earnings?

Rite Aid issued an update on its FY19 earnings guidance on Thursday, September, 27th. The company provided earnings per share guidance of ($0.03) - $0.01 for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.03). The company issued revenue guidance of $21.7-22.1 billion, compared to the consensus revenue estimate of $21.79 billion.

What price target have analysts set for RAD?

7 equities research analysts have issued 1 year price objectives for Rite Aid's shares. Their forecasts range from $1.00 to $6.00. On average, they anticipate Rite Aid's stock price to reach $2.1071 in the next twelve months. This suggests a possible upside of 74.1% from the stock's current price. View Analyst Price Targets for Rite Aid.

What is the consensus analysts' recommendation for Rite Aid?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rite Aid in the last year. There are currently 2 sell ratings and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Rite Aid.

Has Rite Aid been receiving favorable news coverage?

News coverage about RAD stock has been trending neutral on Sunday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Rite Aid earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.

Are investors shorting Rite Aid?

Rite Aid saw a decline in short interest during the month of October. As of October 31st, there was short interest totalling 140,891,676 shares, a decline of 13.2% from the October 15th total of 162,254,669 shares. Based on an average trading volume of 10,778,745 shares, the short-interest ratio is currently 13.1 days. Currently, 13.4% of the company's stock are sold short. View Rite Aid's Current Options Chain.

Who are some of Rite Aid's key competitors?

Who are Rite Aid's key executives?

Rite Aid's management team includes the folowing people:
  • Mr. John T. Standley, Chairman & CEO (Age 55)
  • Mr. Kermit Ray Crawford, Pres & COO (Age 59)
  • Mr. Darren Wayne Karst, Sr. EVP, CFO & Chief Admin. Officer (Age 58)
  • Ms. Jocelyn Zazyczny Konrad, Exec. VP of Pharmacy (Age 48)
  • Mr. Bryan B. Everett, Chief Operating Officer of Rite Aid Stores (Age 45)

Who are Rite Aid's major shareholders?

Rite Aid's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Franklin Resources Inc. (4.66%), Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp (2.19%), Dimensional Fund Advisors LP (0.57%), Bank of New York Mellon Corp (0.51%), FMR LLC (0.25%) and Gabelli Funds LLC (0.24%). View Institutional Ownership Trends for Rite Aid.

Which major investors are selling Rite Aid stock?

RAD stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Franklin Resources Inc., Alliancebernstein L.P., Dimensional Fund Advisors LP, TIAA CREF Investment Management LLC, DLD Asset Management LP and Gabelli Funds LLC. View Insider Buying and Selling for Rite Aid.

Which major investors are buying Rite Aid stock?

RAD stock was acquired by a variety of institutional investors in the last quarter, including Kepos Capital LP, Laurion Capital Management LP, Creative Planning, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, AQR Capital Management LLC, PARK CIRCLE Co, Gamco Investors INC. ET AL and MetLife Investment Advisors LLC. View Insider Buying and Selling for Rite Aid.

How do I buy shares of Rite Aid?

Shares of RAD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Rite Aid's stock price today?

One share of RAD stock can currently be purchased for approximately $1.21.

How big of a company is Rite Aid?

Rite Aid has a market capitalization of $1.29 billion and generates $21.53 billion in revenue each year. The company earns $943.47 million in net income (profit) each year or ($0.02) on an earnings per share basis. Rite Aid employs 59,000 workers across the globe.

What is Rite Aid's official website?

The official website for Rite Aid is http://www.riteaid.com.

How can I contact Rite Aid?

Rite Aid's mailing address is 30 Hunter Lane, Camp Hill PA, 17105. The company can be reached via phone at 717-761-2633 or via email at [email protected]


MarketBeat Community Rating for Rite Aid (NYSE RAD)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  493 (Vote Outperform)
Underperform Votes:  511 (Vote Underperform)
Total Votes:  1,004
MarketBeat's community ratings are surveys of what our community members think about Rite Aid and other stocks. Vote "Outperform" if you believe RAD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RAD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/18/2018 by MarketBeat.com Staff

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