NYSE:RADRite Aid Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Rite Aid Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $15.11 -0.52 (-3.33 %) (As of 08/12/2020 04:00 PM ET) Add Compare Share Today's Range$15.05Now: $15.11▼$16.0550-Day Range$12.87MA: $15.81▼$18.1852-Week Range$5.04Now: $15.11▼$23.88Volume2.02 million shsAverage Volume4.99 million shsMarket Capitalization$825.66 millionP/E RatioN/ADividend YieldN/ABeta0.85 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment sells prescription drugs and an assortment 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 provides preventative services, such as 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 and specialty pharmacy services, as well as drug benefits under the federal government's Medicare Part D program. As of April 11, 2019, the company operated 2,469 stores in 18 states. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.Read More Beat the Market (BTM) Rank™ 1.9 Analyst's Opinion Consensus RatingRite Aid has received a consensus rating of Hold. The company's average rating score is 1.75, and is based on no buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.50, Rite Aid has a potential upside of 15.8% from its current price of $15.11.Amount of Analyst CoverageRite Aid has only been the subject of 2 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesRite Aid has received 783 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRite Aid has received 792 “underperform” votes. (Add your “underperform” vote.)Community SentimentRite Aid has received 50.29% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldRite Aid does not currently pay a dividend.Dividend GrowthRite Aid does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rite Aid insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.52% of the stock of Rite Aid is held by insiders.Percentage Held by Institutions53.36% of the stock of Rite Aid is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Rite Aid are expected to grow by 240.00% in the coming year, from $0.50 to $1.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rite Aid is -1.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Rite Aid is -1.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioRite Aid has a P/B Ratio of 1.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.9Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.45 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Drug stores & proprietary stores Sub-IndustryDrug Retail SectorRetail/Wholesale Current SymbolNYSE:RAD Previous Symbol CUSIP76775410 CIK84129 Webwww.riteaid.com Phone717-761-2633Debt Debt-to-Equity Ratio9.83 Current Ratio1.47 Quick Ratio0.75Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio30.22 P/E GrowthN/A Sales & Book Value Annual Sales$21.93 billion Price / Sales0.04 Cash Flow$6.17 per share Price / Cash Flow2.45 Book Value$12.31 per share Price / Book1.23Profitability EPS (Most Recent Fiscal Year)$0.15 Net Income$-452,170,000.00 Net Margins-1.84% Return on Equity1.66% Return on Assets0.14%Miscellaneous Employees48,000 Outstanding Shares54,643,000Market Cap$825.66 million Next Earnings Date9/24/2020 (Estimated) OptionableOptionable $15.11 -0.52 (-3.33 %) (As of 08/12/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart 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. Rite Aid (NYSE:RAD) Frequently Asked Questions How has Rite Aid's stock been impacted by Coronavirus (COVID-19)? Rite Aid's stock was trading at $14.13 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RAD stock has increased by 6.9% and is now trading at $15.11. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Rite Aid? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rite Aid in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Rite Aid. When is Rite Aid's next earnings date? Rite Aid is scheduled to release its next quarterly earnings announcement on Thursday, September 24th 2020. View our earnings forecast for Rite Aid. How were Rite Aid's earnings last quarter? Rite Aid Co. (NYSE:RAD) issued its earnings results on Thursday, June, 25th. The company reported ($0.04) earnings per share for the quarter, beating analysts' consensus estimates of ($0.38) by $0.34. The business had revenue of $6.03 billion for the quarter, compared to analysts' expectations of $5.61 billion. Rite Aid had a negative net margin of 1.84% and a positive return on equity of 1.66%. The firm's revenue was up 12.2% compared to the same quarter last year. View Rite Aid's earnings history. When did Rite Aid's stock split? How did Rite Aid's stock split work? Rite Aid's stock 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 price target have analysts set for RAD? 4 brokers have issued 12-month target prices for Rite Aid's shares. Their forecasts range from $17.00 to $18.00. On average, they expect Rite Aid's share price to reach $17.50 in the next year. This suggests a possible upside of 15.8% from the stock's current price. View analysts' price targets for Rite Aid. Has Rite Aid been receiving favorable news coverage? News articles about RAD stock have trended extremely negative on Wednesday, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Rite Aid earned a news impact score of -4.3 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news about Rite Aid. Are investors shorting Rite Aid? Rite Aid saw a increase in short interest in January. As of January 15th, there was short interest totaling 17,850,000 shares, an increase of 23.3% from the December 31st total of 14,480,000 shares. Based on an average trading volume of 6,500,000 shares, the days-to-cover ratio is currently 2.7 days. Approximately 33.9% of the shares of the stock are sold short. View Rite Aid's Short Interest. Who are some of Rite Aid's key competitors? Some companies that are related to Rite Aid include Covetrus (CVET), Petmed Express (PETS), 111 (YI), China Jo-Jo Drugstores (CJJD), HealthWarehouse.com (HEWA) and Dougherty's Pharmacy (MYDP). View all 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), Mr. Cooper Group (COOP), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ) and General Electric (GE). Who are Rite Aid's key executives? Rite Aid's management team includes the following people: Ms. Jocelyn Zazyczny Konrad, Exec. VP & Chief Pharmacy Officer (Age 50)Ms. Heyward Rutledge Donigan B.A., Pres CEO & Director (Age 59)Mr. Matthew Schroeder, CFO & Exec. VP (Age 50)Mr. James J. Peters, Chief Operating Officer (Age 48)Mr. Brian Hoover, Chief Accounting Officer (Age 55) 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 Alberta Investment Management Corp (1.90%), Bank of New York Mellon Corp (0.76%), UBS Group AG (0.50%), California Public Employees Retirement System (0.23%), Swiss National Bank (0.22%) and Goldman Sachs Group Inc. (0.20%). 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 Goldman Sachs Group Inc., SeaCrest Wealth Management LLC, World Asset Management Inc, and Mackay Shields LLC. View insider buying and selling activity for Rite Aid. Which institutional investors are buying Rite Aid stock? RAD stock was purchased by a variety of institutional investors in the last quarter, including UBS Group AG, MERIAN GLOBAL INVESTORS UK Ltd, Russell Investments Group Ltd., SG Americas Securities LLC, Alberta Investment Management Corp, Strs Ohio, Leap Investments LP, and Bank of New York Mellon Corp. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Rite Aid's stock price today? One share of RAD stock can currently be purchased for approximately $15.11. How big of a company is Rite Aid? Rite Aid has a market capitalization of $825.66 million and generates $21.93 billion in revenue each year. The company earns $-452,170,000.00 in net income (profit) each year or $0.15 on an earnings per share basis. Rite Aid employs 48,000 workers across the globe. What is Rite Aid's official website? The official website for Rite Aid is www.riteaid.com. 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 or via email at [email protected] This page was last updated on 8/12/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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