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: $1.95 billion
  • Outstanding Shares: 1,048,547,000
Average Prices:
  • 50 Day Moving Avg: $2.26
  • 200 Day Moving Avg: $3.01
  • 52 Week Range: $1.63 - $8.77
P/E:
  • Trailing P/E Ratio: 20.71
  • Foreward P/E Ratio: 16.91
  • P/E Growth: -0.06
Sales & Book Value:
  • Annual Revenue: $32.09 billion
  • Price / Sales: 0.06
  • Book Value: $0.70 per share
  • Price / Book: 2.66
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: 28.07 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 results 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 net margin of 0.28% and a negative return on equity of 7.51%. The business's revenue was down 4.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.03 earnings per share. 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 analysts have issued 12 month price targets for Rite Aid Corporation's stock. Their forecasts range from $2.00 to $6.50. On average, they anticipate Rite Aid Corporation's share price to reach $3.41 in the next year. 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 volume of 46,218,677 shares, the days-to-cover ratio is currently 3.0 days. Approximately 13.4% of the shares of the 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 $1.86.


MarketBeat Community Rating for Rite Aid Corporation (NYSE RAD)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  297 (Vote Outperform)
Underperform Votes:  291 (Vote Underperform)
Total Votes:  588
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 (83.39% 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 CorpReiterated 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 10/16/2015 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

Headline Trends for Rite Aid Corporation (NYSE:RAD)
Latest Headlines for Rite Aid Corporation (NYSE:RAD)
Source:
DateHeadline
investorplace.com logoWhy Rite Aid Corporation (RAD) Stock Might Still Have a Chance
investorplace.com - October 16 at 7:20 AM
americanbankingnews.com logoRite Aid Corporation (RAD) Sees Significant Increase in Short Interest
www.americanbankingnews.com - October 15 at 1:46 AM
finance.yahoo.com logoRite Aid Stock Down 80% This Year: Is Amazon the Only Threat?
finance.yahoo.com - October 14 at 7:08 AM
finance.yahoo.com logoRite Aid, Walgreens Once Again Dip into Tuesday's 52-Week Low Club - Yahoo Finance
finance.yahoo.com - October 11 at 6:57 AM
finance.yahoo.com logoHere's Why the Worst Is Yet to Come for Rite Aid Corporation
finance.yahoo.com - October 11 at 6:57 AM
fool.com logoHere's Why the Worst Is Yet to Come for Rite Aid Corporation
www.fool.com - October 11 at 6:55 AM
finance.yahoo.com logoRite Aid Corp. :RAD-US: Earnings Analysis: Q2, 2018 By the Numbers : October 9, 2017
finance.yahoo.com - October 10 at 5:53 AM
finance.yahoo.com logoGeneral Electric, Rite Aid Tumble into Monday’s 52-Week Low Club
finance.yahoo.com - October 10 at 5:53 AM
americanbankingnews.com logoRite Aid Corporation (RAD) Downgraded by Zacks Investment Research to "Sell"
www.americanbankingnews.com - October 8 at 7:20 PM
americanbankingnews.com logoRite Aid Corporation (RAD) Given a $2.00 Price Target by Mizuho Analysts
www.americanbankingnews.com - October 7 at 11:10 AM
investorplace.com logoRite Aid Corporation (RAD) Stock May Have Found a Bottom
investorplace.com - October 6 at 10:29 AM
americanbankingnews.com logoRite Aid Corporation (RAD) Price Target Cut to $2.25
www.americanbankingnews.com - October 6 at 9:12 AM
finance.yahoo.com logoOne-Time Termination Fees Boost Rite Aid’s Reported Earnings
finance.yahoo.com - October 6 at 5:41 AM
finance.yahoo.com logoRite Aid Foundation Donates $150,000 to American Red Cross to Assist With Hurricane Maria Relief Efforts in Puerto Rico
finance.yahoo.com - October 6 at 5:41 AM
finance.yahoo.com logoRite Aid Stock Has Upside of 24% in the Next 12 Months
finance.yahoo.com - October 6 at 5:41 AM
finance.yahoo.com logoCelebrate Halloween and Harvest with the Help of Rite Aid
finance.yahoo.com - October 6 at 5:41 AM
finance.yahoo.com logoRite Aid Corporation -- Moody's confirms Rite Aid's B2 CFR
finance.yahoo.com - October 6 at 5:41 AM
finance.yahoo.com logoWhy Rite Aid's Shares Crashed 19% in September
finance.yahoo.com - October 6 at 5:41 AM
fool.com logoWhy Rite Aid's Shares Crashed 19% in September
www.fool.com - October 5 at 7:58 PM
americanbankingnews.com logoRite Aid Corporation (RAD) Director Sells $58,915.01 in Stock
www.americanbankingnews.com - October 5 at 7:46 PM
bizjournals.com logoShould you buy Centurylink, General Motors, JD.com, Marathon Petroleum Corporation, or Rite Aid Stock?
www.bizjournals.com - October 3 at 11:25 AM
finance.yahoo.com logoCan Rite Aid Stock Bounce Back After Last Week's 18% Drop?
finance.yahoo.com - October 3 at 11:25 AM
finance.yahoo.com logoRite Aid (RAD) Slumps 14% Since Q2 Loss: What Lies Ahead?
finance.yahoo.com - October 3 at 11:25 AM
finance.yahoo.com logoRite Aid Celebrates American Pharmacists Month by Honoring its Pharmacy Champions
finance.yahoo.com - October 3 at 11:25 AM
americanbankingnews.com logoRite Aid Corporation's (RAD) "Neutral" Rating Reiterated at Guggenheim
www.americanbankingnews.com - October 2 at 3:50 PM
investorplace.com logoFrom Bad To Worse: Is Rite-Aid Corporation (RAD) Stock Set To Recover? - Investorplace.com
investorplace.com - October 2 at 10:09 AM
investorplace.com logoFrom Bad To Worse: Is Rite-Aid Corporation (RAD) Stock Set To Recover?
investorplace.com - October 2 at 6:36 AM
seekingalpha.com logoRite Aid - Still Needs A Lot Of Aid - Seeking Alpha
seekingalpha.com - October 1 at 6:28 PM
fool.com logoCan Rite Aid Stock Bounce Back After Last Week's 18% Drop?
www.fool.com - October 1 at 10:43 AM
americanbankingnews.com logoRite Aid Corporation (RAD) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - September 30 at 6:36 PM
thestreet.com logoRite Aid Stock Tumbles on Weak Second Quarter Sales, Revenue
www.thestreet.com - September 29 at 11:57 AM
americanbankingnews.com logoRite Aid Corporation (RAD) Price Target Cut to $2.00
www.americanbankingnews.com - September 29 at 10:02 AM
benzinga.com logoRite Aid Earnings Boosted By Termination Fee From Scuttled Walgreens Deal - Benzinga
www.benzinga.com - September 28 at 7:53 PM
investorplace.com logoCould Being Undervalued Boost Rite Aid (RAD) Stock?
investorplace.com - September 28 at 3:44 PM
fool.com logo5 Key Things You Need to Know From Rite Aid's Q2 Results
www.fool.com - September 28 at 1:06 PM
fool.com logoAnemic Earnings Sent Rite Aid's Shares Down Today
www.fool.com - September 28 at 1:06 PM
americanbankingnews.com logoRite Aid Corporation (RAD) Releases Quarterly Earnings Results, Hits Expectations
www.americanbankingnews.com - September 28 at 9:04 AM
marketwatch.com logoRite Aid's stock falls after sales fall more than expected - MarketWatch
www.marketwatch.com - September 28 at 8:38 AM
News IconRite Aid posts a profit thanks to fees from the failed Walgreens merger - Business Insider
www.businessinsider.com - September 28 at 8:38 AM
investorplace.com logoIs Rite Aid (NYSE:RAD) the Perfect Amazon Snack?
investorplace.com - September 25 at 3:58 PM
finance.yahoo.com logoConsumer Sector: Last Week’s Index Performance
finance.yahoo.com - September 25 at 3:32 PM
finance.yahoo.com logoEarnings Previews: Can Nike (NKE) Regain Its Footing?
finance.yahoo.com - September 25 at 3:32 PM
finance.yahoo.com logoEarnings Calendar, Week of Sept. 25-29, 2017 (NKE, MU, RAD)
finance.yahoo.com - September 25 at 3:32 PM
investorplace.com logoThe Grim Future for RAD Stock in 3 Simple Charts
investorplace.com - September 25 at 7:22 AM
nasdaq.com logoRite Aid (RAD) to Report Q2 Earnings: What's in the Cards? - Nasdaq
www.nasdaq.com - September 22 at 8:30 PM
seekingalpha.com logoRite Aid's Revised Deal: What Now? - Seeking Alpha
seekingalpha.com - September 22 at 8:30 PM
investorplace.com logoRite Aid Corporation (RAD) Stock Is Down, Not Out - Investorplace.com
investorplace.com - September 22 at 3:29 PM
finance.yahoo.com logo[$$] Walgreens-Rite Aid Pact Can Work
finance.yahoo.com - September 22 at 3:29 PM
finance.yahoo.com logoRite Aid (RAD) to Report Q2 Earnings: What's in the Cards?
finance.yahoo.com - September 22 at 3:29 PM
investorplace.com logoRite Aid Corporation (RAD) Stock Is Down, Not Out
investorplace.com - September 21 at 6:14 AM

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Chart

Rite Aid Corporation (RAD) Chart for Monday, October, 16, 2017

This page was last updated on 10/16/2017 by MarketBeat.com Staff

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