S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:RAD

Rite Aid Stock Forecast, Price & News

$12.00
+0.02 (+0.17%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$11.61
$12.06
50-Day Range
$11.52
$15.36
52-Week Range
$11.50
$32.48
Volume
1.30 million shs
Average Volume
2.20 million shs
Market Capitalization
$669.25 million
P/E Ratio
N/A
Dividend Yield
N/A
Beta
0.88
30 days | 90 days | 365 days | Advanced Chart
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Rite Aid logo

About Rite Aid

Rite Aid Corp. engages in the ownership and management of retail drug stores. It operates through following segments: Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment includes branded and generic prescription drugs, health and beauty aids, personal care products, and walk-in retail clinics. The Pharmacy Services segment offers transparent and traditional pharmacy benefit management for insurance companies, employers, health plans, and government employee groups. The company was founded by Alex Grass on September 12, 1962 and is headquartered in Camp Hill, PA.

Headlines

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Industry, Sector and Symbol

Industry
Drug stores & proprietary stores
Sub-Industry
Drug Retail
CUSIP
76775410
Employees
2,021
Year Founded
1968

Sales & Book Value

Annual Sales
$24.04 billion
Cash Flow
$5.45 per share
Book Value
$11.14 per share

Profitability

Net Income
$-90.91 million
Pretax Margin
-0.56%

Debt

Price-To-Earnings

Miscellaneous

Free Float
54,511,000
Market Cap
$669.25 million
Optionable
Optionable

Company Calendar

Last Earnings
9/22/2021
Today
12/05/2021
Next Earnings (Estimated)
12/16/2021
Fiscal Year End
2/28/2022

Social Links


MarketRank

Overall MarketRank

1.30 out of 5 stars

Retail/Wholesale Sector

244th out of 273 stocks

Drug Stores & Proprietary Stores Industry

9th out of 10 stocks

Analyst Opinion: 0.7Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -












Rite Aid (NYSE:RAD) Frequently Asked Questions

Is Rite Aid a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rite Aid in the last twelve months. There are currently 2 sell ratings and 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "sell" Rite Aid stock.
View analyst ratings for Rite Aid
or view top-rated stocks.

How has Rite Aid's stock price been impacted by COVID-19 (Coronavirus)?

Rite Aid's stock was trading at $14.13 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RAD stock has decreased by 15.1% and is now trading at $12.00.
View which stocks have been most impacted by COVID-19
.

When is Rite Aid's next earnings date?

Rite Aid is scheduled to release its next quarterly earnings announcement on Thursday, December 16th 2021.
View our earnings forecast for Rite Aid
.

How were Rite Aid's earnings last quarter?

Rite Aid Co. (NYSE:RAD) announced its quarterly earnings data on Wednesday, September, 22nd. The company reported ($0.41) EPS for the quarter, beating the consensus estimate of ($0.48) by $0.07. The business had revenue of $6.11 billion for the quarter, compared to analysts' expectations of $6.21 billion. Rite Aid had a negative net margin of 0.52% and a negative trailing twelve-month return on equity of 3.64%. Rite Aid's quarterly revenue was up 2.2% compared to the same quarter last year. During the same period last year, the firm posted $0.25 EPS.
View Rite Aid's earnings history
.

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

Rite Aid shares reverse split before market open 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.

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

Rite Aid issued an update on its FY 2022 earnings guidance on Thursday, October, 21st. The company provided earnings per share guidance of $-0.900-$-0.530 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.630. The company issued revenue guidance of $25.10 billion-$25.50 billion, compared to the consensus revenue estimate of $25.13 billion.

What price target have analysts set for RAD?

3 analysts have issued 12-month price objectives for Rite Aid's shares. Their forecasts range from $11.00 to $15.00. On average, they expect Rite Aid's share price to reach $12.67 in the next twelve months. This suggests a possible upside of 5.6% from the stock's current price.
View analysts' price targets for Rite Aid
or view top-rated stocks among Wall Street analysts.

Who are Rite Aid's key executives?

Rite Aid's management team includes the following people:
  • Heyward R. Donigan, President, Chief Executive Officer & Director
  • James J. Peters, Chief Operating Officer
  • Matthew C. Schroeder, Chief Financial Officer & Executive Vice President
  • Justin Mennen, Chief Information Officer & Executive VP
  • Jessica Kazmaier, Chief Human Resources Officer & Executive VP

What is Heyward Donigan's approval rating as Rite Aid's CEO?

169 employees have rated Rite Aid CEO Heyward Donigan on Glassdoor.com. Heyward Donigan has an approval rating of 58% among Rite Aid's employees. This puts Heyward Donigan in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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), (CELG), Bank of America (BAC), Akorn (AKRX), Advanced Micro Devices (AMD), Cleveland-Cliffs (CLF), Mr. Cooper Group (COOP), General Electric (GE), Micron Technology (MU) and CVS Health (CVS).

What is Rite Aid's stock symbol?

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

Who are Rite Aid's major shareholders?

Rite Aid's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.60%), Invesco Ltd. (4.90%), Dimensional Fund Advisors LP (1.93%), Two Sigma Advisers LP (1.70%), Geode Capital Management LLC (1.64%) and Citadel Advisors LLC (0.00%).
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 Dimensional Fund Advisors LP, Renaissance Technologies LLC, Citadel Advisors LLC, Jane Street Group LLC, Russell Investments Group Ltd., BNP Paribas Arbitrage SA, UBS Group AG, and Wolverine Trading LLC.
View insider buying and selling activity for Rite Aid
or view top insider-selling stocks.

Which major investors are buying Rite Aid stock?

RAD stock was bought by a variety of institutional investors in the last quarter, including Two Sigma Advisers LP, Allianz Asset Management GmbH, BlackRock Inc., Blueshift Asset Management LLC, Foundry Partners LLC, Arrowstreet Capital Limited Partnership, Squarepoint Ops LLC, and MBL Wealth LLC.
View insider buying and selling activity for Rite Aid
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Rite Aid's stock price today?

One share of RAD stock can currently be purchased for approximately $12.00.

How much money does Rite Aid make?

Rite Aid has a market capitalization of $669.25 million and generates $24.04 billion in revenue each year. The company earns $-90.91 million in net income (profit) each year or ($2.36) on an earnings per share basis.

How many employees does Rite Aid have?

Rite Aid employs 2,021 workers across the globe.

Does Rite Aid have any subsidiaries?

The following companies are subsidiares of Rite Aid: 1515 West State Street Boise Idaho LLC, 1740 Associates LLC, 4042 Warrensville Center Road—Warrensville Ohio Inc., 5277 Associates Inc., 5600 Superior Properties Inc., Advance Benefits LLC, Apex Drug Stores Inc., Ascend Health Technology LLC, Bartell Drugs, Broadview and Wallings—Broadview Heights Ohio Inc., Design Rx Holdings LLC, Design Rx LLC, Design Rxclusives LLC, Drug Palace Inc., EDC Drug Stores Inc., Eckerd Corporation, Edgehill Drugs, Elixir Insurance Company, Elixir Pharmacy LLC, Elixir Rx Options LLC, Elixir Rx Solutions LLC, Elixir Rx Solutions LLC, Elixir Rx Solutions of Nevada LLC, Elixir Savings LLC, Envision Pharmaceutical, Envision Pharmaceutical Holdings LLC, EnvisionRx Puerto Rico Inc., First Florida Insurers of Tampa LLC, GDF Inc., Genovese Drug Stores Inc., Gettysburg and Hoover-Dayton Ohio LLC, Grand River & Fenkell LLC, Harco, Harco Inc., Health Dialog, Health Dialog Services Corporation, Hunter Lane LLC, ILG – 90 B Avenue Lake Oswego LLC, JCG (PJC) USA LLC, JCG Holdings (USA) Inc., K&B Alabama Corporation, K&B Incorporated, K&B Industries, K&B Louisiana Corporation, K&B Mississippi Corporation, K&B Services Incorporated, K&B Tennessee Corporation, K&B Texas Corporation, LMW – 90B Avenue Lake Oswego Inc., Lakehurst and Broadway Corporation, Laker Software LLC, Maxi Drug Inc., Maxi Drug North Inc., Maxi Drug South L.P., Maxi Green Inc., Munson & Andrews LLC, Name Rite LLC, P.J.C. Distribution Inc., P.J.C. Realty Co. Inc., PCS Health Systems, PDS-1 Michigan Inc., PJC Lease Holdings Inc., PJC Manchester Realty LLC, PJC Peterborough Realty LLC, PJC Realty MA Inc., PJC Revere Realty LLC, PJC Special Realty Holdings Inc., PJC of Massachusetts Inc., PJC of Rhode Island Inc., PJC of Vermont Inc., Perry Distributors Inc., Perry Drug Stores Inc., RCMH LLC, RDS Detroit Inc., READ’s Inc., RediClinic, RediClinic Associates Inc., RediClinic LLC, RediClinic US LLC, RediClinic of DC LLC, RediClinic of DE LLC, RediClinic of Dallas Forth-Worth LLC, RediClinic of MD LLC, RediClinic of PA LLC, RediClinic of VA LLC, Richfield Road – Flint Michigan LLC, Rite Aid Drug Palace Inc., Rite Aid Hdqtrs. Corp., Rite Aid Hdqtrs. Funding Inc., Rite Aid Lease Management Company, Rite Aid Online Store Inc., Rite Aid Payroll Management Inc., Rite Aid Realty Corp., Rite Aid Rome Distribution Center Inc., Rite Aid Specialty Pharmacy LLC, Rite Aid Transport Inc., Rite Aid of Connecticut Inc., Rite Aid of Delaware Inc., Rite Aid of Georgia Inc., Rite Aid of Indiana Inc., Rite Aid of Kentucky Inc., Rite Aid of Maine Inc., Rite Aid of Maryland Inc., Rite Aid of Michigan Inc., Rite Aid of New Hampshire Inc., Rite Aid of New Jersey Inc., Rite Aid of New York Inc., Rite Aid of North Carolina Inc., Rite Aid of Ohio Inc., Rite Aid of Pennsylvania LLC, Rite Aid of South Carolina Inc., Rite Aid of Tennessee Inc., Rite Aid of Vermont Inc., Rite Aid of Virginia Inc., Rite Aid of Washington D.C. Inc., Rite Aid of West Virginia Inc., Rite Investments Corp., Rite Investments Corp. LLC, Rx Choice Inc., Rx Initiatives LLC, Rx USA Inc., The Bartell Drug Company, The Jean Coutu Group (PJC) USA Inc., The Lane Drug Company, Thrift Drug Inc., Thrifty Corporation, and Thrifty PayLess Inc..

When was Rite Aid founded?

Rite Aid was founded in 1968.

What is Rite Aid's official website?

The official website for Rite Aid is www.riteaid.com.

Where are Rite Aid's headquarters?

Rite Aid is headquartered at 30 Hunter Lane, Camp Hill PA, 17105.

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, via email at [email protected], or via fax at 717-975-5871.


This page was last updated on 12/5/2021 by MarketBeat.com Staff

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