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

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$0.67 -0.02 (-2.90 %)
(As of 03/22/2019 02:08 PM ET)
Previous Close$0.70
Today's Range$0.67 - $0.70
52-Week Range$0.60 - $2.12
Volume61,894 shs
Average Volume14.86 million shs
Market Capitalization$723.54 million
P/E Ratio-33.50
Dividend YieldN/A
Beta1.85
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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$21.53 billion
Cash Flow$0.5678 per share
Book Value$1.50 per share

Profitability

Net Income$943.47 million

Miscellaneous

Employees59,000
Outstanding Shares1,079,910,000
Market Cap$723.54 million
Next Earnings Date4/11/2019 (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."

How were Rite Aid's earnings last quarter?

Rite Aid Co. (NYSE:RAD) announced its earnings results on Thursday, September, 27th. The company reported ($0.01) EPS for the quarter, meeting analysts' consensus estimates of ($0.01). The business had revenue of $5.42 billion for the quarter, compared to analysts' expectations of $5.36 billion. Rite Aid had a net margin of 2.85% and a negative return on equity of 0.94%. The company's quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the company posted ($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 Thursday, April 11th 2019. View Earnings Estimates for Rite Aid.

What price target have analysts set for RAD?

5 brokers have issued twelve-month target prices for Rite Aid's stock. Their predictions range from $1.00 to $6.00. On average, they expect Rite Aid's stock price to reach $2.20 in the next twelve months. This suggests a possible upside of 228.4% from the stock's current price. View Analyst Price Targets for Rite Aid.

What is the consensus analysts' recommendation for Rite Aid?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rite Aid in the last year. There are currently 1 sell rating 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 negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 news coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days.

Are investors shorting Rite Aid?

Rite Aid saw a increase in short interest during the month of February. As of February 28th, there was short interest totalling 126,483,717 shares, an increase of 1.0% from the February 15th total of 125,291,076 shares. Based on an average trading volume of 8,711,539 shares, the days-to-cover ratio is currently 14.5 days. Approximately 11.9% of the shares of the company 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 Bank of America (BAC), General Electric (GE), Ford Motor (F), Advanced Micro Devices (AMD), Micron Technology (MU), Celgene (CELG), AT&T (T), Cisco Systems (CSCO), Opko Health (OPK) and CVS Health (CVS).

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. Darren Wayne Karst, Sr. EVP, CFO & Chief Admin. Officer (Age 59)
  • Ms. Jocelyn Zazyczny Konrad, Exec. VP of Pharmacy (Age 49)
  • Mr. Bryan B. Everett, Chief Operating Officer of Rite Aid Stores (Age 46)

Who are Rite Aid's major shareholders?

Rite Aid's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.07%), Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp (2.26%), Northern Trust Corp (1.15%), Geode Capital Management LLC (1.03%), Geode Capital Management LLC (1.03%) and Norges Bank (0.85%). View Institutional Ownership Trends for Rite Aid.

Which institutional investors are selling Rite Aid stock?

RAD stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Private Management Group Inc., Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Bank of New York Mellon Corp, Gabelli Funds LLC, Two Sigma Advisers LP and Stone Ridge Asset Management LLC. View Insider Buying and Selling 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 Norges Bank, BlackRock Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Geode Capital Management LLC, Geode Capital Management LLC, SG Americas Securities LLC, Hsbc Holdings PLC and Cumberland Advisors Inc.. 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 $0.67.

How big of a company is Rite Aid?

Rite Aid has a market capitalization of $723.54 million 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, 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:  569 (Vote Outperform)
Underperform Votes:  569 (Vote Underperform)
Total Votes:  1,138
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 3/22/2019 by MarketBeat.com Staff

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