Rite Aid Corporation Company Profile (NYSE:RAD)

About Rite Aid Corporation (NYSE:RAD)

Rite 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: $2.5 billion
Outstanding Shares: 1,046,826,000

Average Prices:

50 Day Moving Avg: $2.38
200 Day Moving Avg: $3.36
52 Week Range: $2.21 - $8.77

P/E:

Trailing P/E Ratio: N/A
Foreward P/E Ratio: -19.92
P/E Growth: 0.78

Sales & Book Value:

Annual Revenue: $32.44 billion
Price / Sales: 0.08
Book Value: $0.54 per share
Price / Book: 4.43

Profitability:

EBIDTA: $999.93 million
Net Margins: -0.21%
Return on Equity: 0.52%
Return on Assets: 0.03%

Debt:

Debt-to-Equity Ratio: 12.87%
Current Ratio: 1.65%
Quick Ratio: 0.73%

Misc:

Average Volume: 35.38 million shs.
Beta: 1.81
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 earnings results on Thursday, June, 29th. The company reported ($0.05) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.01) by $0.04. The firm earned $7.78 billion during the quarter, compared to analyst estimates of $8.29 billion. Rite Aid Corporation had a negative net margin of 0.21% and a positive return on equity of 0.52%. The business's quarterly revenue was down 4.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.02 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, September, 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 1 year target prices 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 $3.77 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 August. As of August 31st, there was short interest totalling 124,229,529 shares, an increase of 1.2% from the August 15th total of 125,695,019 shares. Based on an average trading volume of 16,200,772 shares, the days-to-cover ratio is currently 7.7 days. Approximately 11.9% of the company's stock are sold short.

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

Some companies that are related to Rite Aid Corporation include Liberty Interactive Corporation (LVNTA), Dunkin' Brands Group (DNKN), AutoNation (AN), Cabela's (CAB), Foot Locker (FL), Caseys General Stores (CASY), Williams-Sonoma (WSM), Penske Automotive Group (PAG), Signet Jewelers Limited (SIG), The Michaels Companies (MIK), Metro AG (MTTRY), Wendy's Company (The) (WEN), Stamps.com (STMP), Cracker Barrel Old Country Store (CBRL), Tempur Sealy International (TPX), Texas Roadhouse (TXRH), Tech Data Corporation (TECD) and Bed Bath & Beyond (BBBY).

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
Kenneth A. Martindale, President - Rite Aid Corporation, Chief Executive Officer - Rite Aid stores
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

Who owns Rite Aid Corporation stock?

Rite Aid Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.05%), BlackRock Inc. (4.02%), Franklin Resources Inc. (3.24%), FMR LLC (2.76%), State Street Corp (1.51%) and APG Asset Management N.V. (1.43%). View Institutional Ownership Trends for Rite Aid Corporation.

Who sold Rite Aid Corporation stock? Who is selling Rite Aid Corporation stock?

Rite Aid Corporation's stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, Mason Capital Management LLC, Swiss National Bank, OMERS ADMINISTRATION Corp, UBS Asset Management Americas Inc., GABELLI & Co INVESTMENT ADVISERS INC. and Coronation Fund Managers Ltd.. View Insider Buying and Selling for Rite Aid Corporation.

Who bought Rite Aid Corporation stock? Who is buying Rite Aid Corporation stock?

Rite Aid Corporation's stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, OxFORD Asset Management LLP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, State of New Jersey Common Pension Fund D, GMT Capital Corp, Quantitative Investment Management LLC, Victory Capital Management Inc. and Symons Capital Management Inc.. View Insider Buying and Selling for Rite Aid Corporation.

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 $2.39.

MarketBeat Community Rating for Rite Aid Corporation (NYSE RAD)

Community Ranking:		2.6 out of 5 ( )
Outperform Votes:		289 (Vote Outperform)
Underperform Votes:		274 (Vote Underperform)
Total Votes:		563

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.

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:	$3.77 (57.69% upside)

Analysts' Ratings History for Rite Aid Corporation (NYSE:RAD)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
9/19/2017	Royal Bank Of Canada	Initiated Coverage	Sector Perform -> Sector Perform	$2.50	High
9/11/2017	Loop Capital	Initiated Coverage	Hold -> Hold	$2.50	High
7/20/2017	Mizuho	Downgrade	Buy -> Neutral	$2.95	Medium
7/3/2017	Guggenheim	Reiterated Rating	Neutral		High
7/3/2017	Cowen and Company	Reiterated Rating	Outperform	$4.70	High
6/30/2017	Bank of America Corporation	Reiterated Rating	Underperform	$2.00	High
6/30/2017	Evercore ISI	Initiated Coverage	Sell -> Underperform	$2.50	High
3/20/2017	Credit Suisse Group	Reiterated Rating	Outperform	$6.50	Low
3/6/2017	Deutsche Bank AG	Reiterated Rating	Hold	$9.00 -> $6.50	N/A
6/17/2016	J P Morgan Chase & Co	Reiterated Rating	Hold		N/A
1/7/2016	Jefferies Group LLC	Boost Price Target	Hold	$9.00	N/A
10/29/2015	Goldman Sachs Group, Inc. (The)	Downgrade	Buy -> Neutral	$9.00 -> $9.00	N/A

(Data available from 9/23/2015 forward)

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)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
9/28/2017		($0.01)					N/A
6/29/2017	Q1 2018	($0.01)	($0.05)	$8.29 billion	$7.78 billion	View	N/A
12/22/2016	Q317	$0.04	$0.02	$8.23 billion	$8.09 billion	View	N/A
9/22/2016	Q2	$0.03	$0.03	$8.09 billion	$8.03 billion	View	N/A
6/16/2016	Q117	$0.05	$0.01	$8.23 billion	$8.18 billion	View	N/A
4/7/2016	Q416	$0.06	$0.07	$8.47 billion	$8.27 billion	View	N/A
12/17/2015	Q316	$0.06	$0.06	$8.20 billion	$8.15 billion	View	N/A
9/17/2015	Q216	$0.03	$0.02	$7.60 billion	$7.66 billion	View	Listen
6/18/2015	Q116	$0.03	$0.04	$6.65 billion	$6.60 billion	View	Listen
4/8/2015	Q415	$0.07	$0.12	$6.79 billion	$6.85 billion	View	N/A
12/18/2014	Q315	$0.05	$0.10	$6.55 billion	$6.70 billion	View	Listen
9/18/2014	Q215	$0.06	$0.13	$6.49 billion	$6.52 billion	View	Listen
6/19/2014	Q115	$0.05	$0.04	$6.43 billion	$6.47 billion	View	Listen
4/10/2014	Q414	$0.04	$0.10	$6.54 billion	$6.60 billion	View	Listen
12/19/2013	Q314	$0.04	$0.04	$6.30 billion	$6.36 billion	View	Listen
9/19/2013	Q2 2014	($0.04)	$0.03	$6.27 billion	$6.30 billion	View	Listen
6/20/2013	Q1 2014	$0.09	$0.09	$6.27 billion	$6.30 billion	View	Listen
4/11/2013	Q4 2013	($0.02)	$0.13	$6.47 billion	$6.50 billion	View	Listen
12/20/2012	Q3 2013	($0.03)	$0.07	$6.28 billion	$6.24 billion	View	Listen
9/20/2012	Q213	($0.07)	($0.05)	$6.20 billion	$6.20 billion	View	N/A
6/21/2012		($0.03)	($0.03)			View	N/A
4/12/2012		($0.17)	($0.18)			View	N/A
12/15/2011		($0.13)	($0.06)			View	N/A
9/22/2011		($0.17)	($0.11)			View	N/A
6/23/2011		($0.12)	($0.07)			View	N/A
4/7/2011		($0.24)	($0.24)			View	N/A
12/16/2010		($0.13)	($0.09)	$6.20 billion	$6.20 billion	View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Rite Aid Corporation (NYSE:RAD)

2017 EPS Consensus Estimate: $0.18
2018 EPS Consensus Estimate: $0.22

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	1	$0.06	$0.06	$0.06
Q2 2017	1	$0.04	$0.04	$0.04
Q3 2017	1	$0.08	$0.08	$0.08
Q1 2018	1	$0.03	$0.03	$0.03
Q2 2018	1	$0.04	$0.04	$0.04
Q3 2018	1	$0.08	$0.08	$0.08
Q4 2018	1	$0.07	$0.07	$0.07

(Data provided by Zacks Investment Research)

Dividend History for Rite Aid Corporation (NYSE:RAD)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trading and Institutional Ownership History for Rite Aid Corporation (NYSE:RAD)

Insider Ownership Percentage: 2.29%
Institutional Ownership Percentage: 52.62%

Institutional Ownership by Quarter for Rite Aid Corporation (NYSE:RAD)

Insider Trades by Quarter for Rite Aid Corporation (NYSE:RAD)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
6/15/2016	Douglas E Donley	SVP	Sell	34,106	$7.77	$265,003.62
7/9/2015	Tony Montini	EVP	Sell	353,194	$8.38	$2,959,765.72
4/15/2015	Joseph B Anderson Jr	Director	Sell	150,000	$8.25	$1,237,500.00
4/13/2015	Robert K Thompson	EVP	Sell	95,850	$8.33	$798,430.50
4/10/2015	Douglas E Donley	CAO	Sell	59,404	$8.21	$487,706.84
4/10/2015	Marcy Syms	Director	Sell	150,000	$8.26	$1,239,000.00
12/29/2014	Tony Montini	EVP	Sell	49,525	$7.47	$369,951.75
12/23/2014	Tony Montini	EVP	Sell	259,750	$6.92	$1,797,470.00
12/22/2014	John T Standley	CEO	Sell	1,700,000	$6.82	$11,594,000.00
12/22/2014	Kenneth Martindale	COO	Sell	1,043,400	$6.80	$7,095,120.00
12/22/2014	Robert Ivan Thompson	EVP	Sell	149,231	$6.80	$1,014,770.80
7/3/2014	Robert Ivan Thompson	EVP	Sell	249,583	$7.48	$1,866,880.84
6/24/2014	Joseph B Anderson Jr	Director	Sell	26,667	$7.05	$188,002.35
6/23/2014	Robert Ivan Thompson	EVP	Sell	510,000	$7.06	$3,600,600.00
4/22/2014	Marc Strassler	EVP	Sell	224,800	$7.12	$1,600,576.00
4/21/2014	Frank Vitrano	EVP	Sell	1,913,925	$7.08	$13,550,589.00
4/16/2014	Robert Ivan Thompson	EVP	Sell	25,566	$7.03	$179,728.98
2/19/2014	John Standley	CEO	Sell	1,200,000	$6.23	$7,476,000.00
2/19/2014	Kenneth Martindale	COO	Sell	666,667	$6.23	$4,153,335.41
1/21/2014	Douglas Donley	SVP	Sell	24,173	$5.79	$139,961.67
1/3/2014	John Standley	CEO	Sell	600,000	$5.48	$3,288,000.00
1/3/2014	Kenneth Martindale	COO	Sell	333,333	$5.48	$1,826,664.84
10/18/2013	Robert K Thompson	EVP	Sell	250,000	$5.27	$1,317,500.00
10/17/2013	Douglas E Donley	SVP	Sell	88,700	$5.27	$467,449.00
10/17/2013	Marc A Strassler	EVP	Sell	100,000	$5.31	$531,000.00
10/14/2013	Frank Vitrano	CFO	Sell	1,982,900	$5.00	$9,914,500.00
10/4/2013	Tony Montini	EVP	Sell	414,500	$5.21	$2,159,545.00
9/25/2013	Robert Ivan Thompson	EVP	Sell	400,000	$4.81	$1,924,000.00
7/18/2013	Robert K Thompson	EVP	Sell	401,655	$3.01	$1,208,981.55
7/16/2013	David Jessick	Insider	Sell	100,000	$2.93	$293,000.00
7/16/2013	Marc A Strassler	EVP	Sell	375,000	$2.96	$1,110,000.00
7/12/2013	Douglas E Donley	SVP	Sell	6,899	$2.80	$19,317.20
7/11/2013	Douglas E Donley	SVP	Sell	75,378	$2.78	$209,550.84
7/11/2013	Robert Ivan Thompson	EVP	Sell	375,000	$2.75	$1,031,250.00
6/26/2013	Jean Coutu Group (Pjc) Inc.	Major Shareholder	Sell	40,500,000	$2.75	$111,375,000.00

(Data available from 1/1/2013 forward)

Headline Trends for Rite Aid Corporation (NYSE:RAD) Latest Headlines for Rite Aid Corporation (NYSE:RAD)

Source:

Date	Headline
	Rite Aid (RAD) to Report Q2 Earnings: What's in the Cards? - Nasdaq www.nasdaq.com - September 22 at 8:30 PM
	Rite Aid's Revised Deal: What Now? - Seeking Alpha seekingalpha.com - September 22 at 8:30 PM
	Rite Aid Corporation (RAD) Stock Is Down, Not Out - Investorplace.com investorplace.com - September 22 at 3:29 PM
	[$$] Walgreens-Rite Aid Pact Can Work finance.yahoo.com - September 22 at 3:29 PM
	Rite Aid (RAD) to Report Q2 Earnings: What's in the Cards? finance.yahoo.com - September 22 at 3:29 PM
	Rite Aid Corporation (RAD) Stock Is Down, Not Out investorplace.com - September 21 at 6:14 AM
	Rite Aid Corporation (RAD) Set to Announce Earnings on Thursday www.americanbankingnews.com - September 21 at 1:22 AM
	Your Local Rite Aid Will Become A Walgreens www.rttnews.com - September 20 at 8:09 AM
	Walgreens-Rite Aid Saga Over After FTC OKs Amended Deal finance.yahoo.com - September 20 at 8:09 AM
	Here’s Why Rite Aid’s Margins Have Deteriorated over the Years finance.yahoo.com - September 20 at 8:09 AM
	Bed Bath and Beyond shares tumble after worse-than-expected sales finance.yahoo.com - September 20 at 8:09 AM
	[$$] Walgreens Again Trims Deal for Rite Aid But Finally Gains Approval finance.yahoo.com - September 20 at 8:09 AM
	Rite Aid Gets FTC Nod for Sale of Fewer Stores to Walgreens finance.yahoo.com - September 20 at 8:09 AM
	Is It The Right Time To Buy Rite Aid Corporation (RAD)? finance.yahoo.com - September 20 at 8:09 AM
	Today's Research Reports on Trending Tickers: Rite Aid and Walgreens Boots Alliance finance.yahoo.com - September 20 at 8:09 AM
	Bob Evans and Progressive rise; Rite Aid and Centene skid marketbeat.com - September 19 at 4:37 PM
	Why Rite Aid Corporation Stock Tumbled Today www.fool.com - September 19 at 2:22 PM
	Walgreens, Rite Aid trim store purchase deal to $4.38B marketbeat.com - September 19 at 2:21 PM
	Rite Aid Corporation (RAD) Shares Dive as Walgreens Deal Gets Official FTC OK investorplace.com - September 19 at 12:35 PM
	Walgreens, Rite Aid revise store purchase deal to $4.38B marketbeat.com - September 19 at 9:55 AM
	Royal Bank Of Canada Initiates Coverage on Rite Aid Corporation (RAD) www.americanbankingnews.com - September 19 at 7:38 AM
	How Net 100% Profits on Rite Aid Stock investorplace.com - September 19 at 7:30 AM
	Rite Aid Foundation Awards More Than $2 Million to Folds of Honor Scholarship Recipients Through KidCents www.businesswire.com - September 19 at 6:58 AM
	Rite Aid Reaches Analyst Target Price www.thestreet.com - September 19 at 6:58 AM
	Walgreens to Revisit Rite Aid Deal for Antitrust Approval www.zacks.com - September 19 at 6:58 AM
	Seeking FTC approval, Walgreens reportedly revising Rite Aid deal finance.yahoo.com - September 19 at 6:57 AM
	Health Dialog Webinar on Shared Decision Making Shows Cost Savings, Improved Outcomes and Increased Patient Satisfaction finance.yahoo.com - September 19 at 6:57 AM
	Walgreens to Tweak Number of Rite Aid Stores It Buys to Win Regulatory Approval finance.yahoo.com - September 19 at 6:57 AM
	Walgreens To Revise Rite Aid Deal To Quell Antitrust Worries: Report finance.yahoo.com - September 19 at 6:57 AM
	Walgreens Is Primed to Rally, With or Without Rite Aid finance.yahoo.com - September 19 at 6:57 AM
	Can Rite Aid (RAD) Stock Be Saved by New Management? investorplace.com - September 18 at 6:47 AM
	Why Rite Aid Corporation Could Be a Gold Mine for Value Investors www.fool.com - September 17 at 9:22 AM
	FTC Decision on Walgreen (WBA)/Rite Aid (RAD) May Come Soon - Needham & Company - StreetInsider.com www.streetinsider.com - September 15 at 3:26 PM
	Needham ruminates on Rite Aid-Walgreens surpriser - Seeking Alpha seekingalpha.com - September 15 at 3:26 PM
	KidCents Mobile Flu Clinic to Provide Free Flu Shots to Help Kids and Families Fight the Flu finance.yahoo.com - September 15 at 3:25 PM
	RAD Stock is Trouble, but You Can Still Profit investorplace.com - September 14 at 7:30 AM
	Rite Aid Stock Is One of the Worst Retail Investments investorplace.com - September 14 at 6:47 AM
	Why Rite Aid Corporation (RAD) Stock Is Bound to Make a Comeback - Investorplace.com investorplace.com - September 13 at 3:30 PM
	Why Rite Aid Corporation (RAD) Stock Is Bound to Make a Comeback investorplace.com - September 13 at 12:31 PM
	Rite Aid Corporation (RAD) Set to Announce Earnings on Wednesday www.americanbankingnews.com - September 13 at 1:16 AM
	Rite Aid Stock Still Can't Get Any Respect www.fool.com - September 12 at 10:55 AM
	Why Rite Aid Corporation (RAD) Stock Has More Room to Run investorplace.com - September 12 at 10:33 AM
	Rite Aid to Release Second Quarter Results on Sept. 28 finance.yahoo.com - September 12 at 9:00 AM
	Rite Aid Corporation (RAD) Coverage Initiated at Loop Capital www.americanbankingnews.com - September 11 at 4:31 PM
	Today's Research Reports on Trending Tickers: GNC Holdings and Rite Aid Corporation www.nasdaq.com - September 9 at 7:43 AM
	Rite Aid Corporation (RAD) Stock Can’t Beat This Retail Alternative investorplace.com - September 8 at 9:59 AM
	Rite Aid Corporation (RAD) Stock Can’t Beat This Retail Alternative investorplace.com - September 8 at 9:48 AM
	EnvisionPharmacies’ President Bruce Scott Named to Prestigious Healthcare Industry Board finance.yahoo.com - September 8 at 7:30 AM
	Featured Company News - Rite Aid's President Switches to GNC Holdings finance.yahoo.com - September 8 at 7:30 AM
	Rite Aid (RAD) President Ken Martindale Resigns www.streetinsider.com - September 7 at 8:07 AM