Rite Aid Corporation Company Profile (NYSE:RAD)

About Rite Aid Corporation (NYSE:RAD)

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: Retail - Drugs without Grocery
  • Sub-Industry: Drug Retail
  • Symbol: NYSE:RAD
  • CUSIP: 76775410
  • Web: www.riteaid.com
Capitalization:
  • Market Cap: $1.87557 billion
  • Outstanding Shares: 1,048,547,000
Average Prices:
  • 50 Day Moving Avg: $2.18
  • 200 Day Moving Avg: $2.94
  • 52 Week Range: $1.63 - $8.77
P/E:
  • Trailing P/E Ratio: 21.19
  • Foreward P/E Ratio: 44.50
  • P/E Growth: 0.74
Sales & Book Value:
  • Annual Revenue: $32.09 billion
  • Price / Sales: 0.06
  • Book Value: $0.70 per share
  • Price / Book: 2.54
Profitability:
  • EBITDA: $904.09 million
  • Net Margins: 0.28%
  • Return on Equity: -7.51%
  • Return on Assets: -0.41%
Debt:
  • Debt-to-Equity Ratio: 9.71%
  • Current Ratio: 1.74%
  • Quick Ratio: 0.77%
Misc:
  • Average Volume: 26.27 million shs.
  • Beta: 1.79
  • Short Ratio: 0.89
 

Frequently Asked Questions for Rite Aid Corporation (NYSE:RAD)

What is Rite Aid Corporation's stock symbol?

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

How were Rite Aid Corporation's earnings last quarter?

Rite Aid Corporation (NYSE:RAD) issued its quarterly earnings data on Thursday, September, 28th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.01). The business earned $7.68 billion during the quarter, compared to analyst estimates of $7.83 billion. Rite Aid Corporation had a negative return on equity of 7.51% and a net margin of 0.28%. The business's revenue for the quarter was down 4.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.03 EPS. View Rite Aid Corporation's Earnings History.

When will Rite Aid Corporation make its next earnings announcement?

Rite Aid Corporation is scheduled to release their next quarterly earnings announcement on Thursday, December, 28th 2017. View Earnings Estimates for Rite Aid Corporation.

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

9 brokers have issued 12-month price targets for Rite Aid Corporation's shares. Their predictions range from $2.00 to $6.50. On average, they anticipate Rite Aid Corporation's share price to reach $3.41 in the next twelve months. View Analyst Ratings for Rite Aid Corporation.

Are investors shorting Rite Aid Corporation?

Rite Aid Corporation saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 139,716,299 shares, an increase of 12.5% from the September 15th total of 124,183,046 shares. Based on an average daily trading volume, of 46,218,677 shares, the short-interest ratio is presently 3.0 days. Approximately 13.4% of the company's stock are sold short.

Who are some of Rite Aid Corporation's key competitors?

Who are Rite Aid Corporation's key executives?

Rite Aid Corporation's management team includes the folowing people:

  • John T. Standley, Chairman of the Board, Chief Executive Officer
  • Darren W. Karst, Chief Financial Officer, Senior Executive Vice President, Chief Administrative Officer
  • David Abelman, Executive Vice President - Marketing
  • Bryan Everett, Executive Vice President - Store Operations
  • Jocelyn Z. Konrad, Executive Vice President - Pharmacy
  • Enio Anthony Montini Jr., Executive Vice President - Merchandising and Distribution
  • Douglas E. Donley, Chief Accounting Officer, Senior Vice President
  • Michael N. Regan, Lead Independent Director
  • Joseph B. Anderson Jr., Independent Director
  • Bruce G. Bodaken, Independent Director

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.

What is Rite Aid Corporation's stock price today?

One share of Rite Aid Corporation stock can currently be purchased for approximately $1.78.


MarketBeat Community Rating for Rite Aid Corporation (NYSE RAD)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  298 (Vote Outperform)
Underperform Votes:  292 (Vote Underperform)
Total Votes:  590
MarketBeat's community ratings are surveys of what our community members think about Rite Aid Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Rite Aid Corporation (NYSE:RAD) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 5 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $3.41 (91.64% upside)
Consensus Price Target History for Rite Aid Corporation (NYSE:RAD)
Price Target History for Rite Aid Corporation (NYSE:RAD)
Analysts' Ratings History for Rite Aid Corporation (NYSE:RAD)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/7/2017MizuhoSet Price TargetHold$2.00N/AView Rating Details
10/2/2017GuggenheimReiterated RatingNeutral$2.00LowView Rating Details
9/29/2017Loop CapitalReiterated RatingHold -> Hold$2.50 -> $2.00HighView Rating Details
9/19/2017Royal Bank Of CanadaInitiated CoverageSector Perform -> Sector Perform$2.50HighView Rating Details
7/3/2017Cowen and CompanyReiterated RatingOutperform$4.70HighView Rating Details
6/30/2017Bank of America CorporationReiterated RatingUnderperform$2.00HighView Rating Details
6/30/2017Evercore ISIInitiated CoverageSell -> Underperform$2.50HighView Rating Details
3/20/2017Credit Suisse GroupReiterated RatingOutperform$6.50LowView Rating Details
3/6/2017Deutsche Bank AGReiterated RatingHold$9.00 -> $6.50N/AView Rating Details
6/17/2016J P Morgan Chase & CoReiterated RatingHoldN/AView Rating Details
1/7/2016Jefferies Group LLCBoost Price TargetHold$9.00N/AView Rating Details
10/29/2015Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$9.00 -> $9.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Rite Aid Corporation (NYSE:RAD)
Earnings by Quarter for Rite Aid Corporation (NYSE:RAD)
Earnings History by Quarter for Rite Aid Corporation (NYSE RAD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/28/2017        
9/28/2017Q2 2018($0.01)($0.01)$7.83 billion$7.68 billionViewN/AView Earnings Details
6/29/2017Q1 2018($0.01)($0.05)$8.29 billion$7.78 billionViewN/AView Earnings Details
12/22/2016Q317$0.04$0.02$8.23 billion$8.09 billionViewN/AView Earnings Details
9/22/2016Q2$0.03$0.03$8.09 billion$8.03 billionViewN/AView Earnings Details
6/16/2016Q117$0.05$0.01$8.23 billion$8.18 billionViewN/AView Earnings Details
4/7/2016Q416$0.06$0.07$8.47 billion$8.27 billionViewN/AView Earnings Details
12/17/2015Q316$0.06$0.06$8.20 billion$8.15 billionViewN/AView Earnings Details
9/17/2015Q216$0.03$0.02$7.60 billion$7.66 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$6.49 billion$6.52 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)
2017 EPS Consensus Estimate: $0.18
2018 EPS Consensus Estimate: $0.22
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 and Institutional Ownership History for Rite Aid Corporation (NYSE:RAD)
Insider Ownership Percentage: 2.29%
Institutional Ownership Percentage: 52.64%
Insider Trades by Quarter for Rite Aid Corporation (NYSE:RAD)
Institutional Ownership by Quarter for Rite Aid Corporation (NYSE:RAD)
Insider Trades by Quarter for Rite Aid Corporation (NYSE:RAD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/3/2017Myrtle S PotterDirectorSell28,189$2.09$58,915.01View SEC Filing  
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

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Rite Aid Corporation (RAD) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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