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

Sign in or create an account to add this stock to your watchlist.
$0.49 0.00 (0.00 %)
(As of 04/19/2019 04:00 PM ET)
Previous Close$0.4842
Today's Range$0.4416 - $0.4860
52-Week Range$0.43 - $2.12
Volume36.92 million shs
Average Volume16.56 million shs
Market Capitalization$524.83 million
P/E RatioN/A
Dividend YieldN/A
Beta1.82
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.

Receive RAD News and Ratings via Email

Sign-up to receive the latest news and ratings for RAD and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Drug stores & proprietary stores
Sub-IndustryDrug Retail
SectorRetail/Wholesale
CUSIP76775410
Phone717-761-2633

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$21.64 billion
Cash Flow$0.7477 per share
Book Value$1.10 per share

Profitability

Net Income$-422,210,000.00

Miscellaneous

Employees59,000
Outstanding Shares1,079,907,000
Market Cap$524.83 million
Next Earnings Date6/26/2019 (Estimated)
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."

When did Rite Aid's stock split? How did Rite Aid's stock split work?

Shares of Rite Aid reverse split on Monday, April 22nd 2019. The 1-20 reverse split was announced on Wednesday, April 10th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Friday, April 19th 2019. An investor that had 100 shares of Rite Aid stock prior to the reverse split would have 5 shares after the split.

How were Rite Aid's earnings last quarter?

Rite Aid Co. (NYSE:RAD) released its quarterly earnings results on Thursday, April, 11th. The company reported ($0.20) EPS for the quarter, beating the consensus estimate of ($0.60) by $0.40. The firm earned $5.38 billion during the quarter, compared to analysts' expectations of $5.56 billion. Rite Aid had a negative net margin of 1.95% and a negative return on equity of 1.21%. During the same period last year, the business earned ($0.20) earnings per share. 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, June 26th 2019. View Earnings Estimates for Rite Aid.

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

Rite Aid updated its FY 2020 earnings guidance on Thursday, April, 11th. The company provided EPS guidance of $-0.01-0.04 for the period, compared to the Thomson Reuters consensus estimate of $0.02. The company issued revenue guidance of $21.5-21.9 billion, compared to the consensus revenue estimate of $22.09 billion.

What price target have analysts set for RAD?

6 analysts have issued 12-month price objectives for Rite Aid's stock. Their forecasts range from $20.00 to $120.00. On average, they expect Rite Aid's share price to reach $44.00 in the next twelve months. This suggests a possible upside of 8,953.5% from the stock's current price. View Analyst Price Targets for Rite Aid.

What is the consensus analysts' recommendation for Rite Aid?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rite Aid in the last year. There are currently 2 sell ratings and 4 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 headlines about RAD stock have trended positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Rite Aid earned a news sentiment score of 2.7 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the next several days.

Are investors shorting Rite Aid?

Rite Aid saw a increase in short interest in the month of March. As of March 29th, there was short interest totalling 168,738,575 shares, an increase of 10.4% from the March 15th total of 152,862,134 shares. Based on an average trading volume of 12,886,472 shares, the short-interest ratio is presently 13.1 days. Approximately 15.9% of the shares of the stock are short sold. View Rite Aid's Current Options Chain.

Who are some of Rite Aid's key competitors?

What other stocks do shareholders of Rite Aid own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rite Aid investors own include Century Aluminum (CENX), Celgene (CELG), Akorn (AKRX), Bank of America (BAC), Cleveland-Cliffs (CLF), Advanced Micro Devices (AMD), General Electric (ge), AK Steel (AKS), United States Steel (X) and American Airlines Group (AAL).

Who are Rite Aid's key executives?

Rite Aid's management team includes the folowing people:
  • Mr. John T. Standley, CEO & Director (Age 56)
  • Mr. Kermit Ray Crawford, Pres & COO (Age 60)
  • Mr. Bryan B. Everett, Chief Operating Officer (Age 46)
  • Mr. Darren Wayne Karst, Exec. Officer (Age 59)
  • Ms. Jocelyn Zazyczny Konrad, Exec. VP of Pharmacy & Retail Operations (Age 49)

Who are Rite Aid's major shareholders?

Rite Aid's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Cumberland Advisors Inc. (0.09%), Mercer Global Advisors Inc. ADV (0.01%) and Brookstone Capital Management (0.00%). View Institutional Ownership Trends for Rite Aid.

Which institutional investors are buying Rite Aid stock?

RAD stock was acquired by a variety of institutional investors in the last quarter, including Cumberland Advisors Inc., Mercer Global Advisors Inc. ADV and Brookstone Capital Management. 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 $0.4860.

How big of a company is Rite Aid?

Rite Aid has a market capitalization of $524.83 million and generates $21.64 billion in revenue each year. 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, 17011. 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:  583 (Vote Outperform)
Underperform Votes:  581 (Vote Underperform)
Total Votes:  1,164
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 4/20/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel