Where can I Buy Rite Aid shares?
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?
What kind of company is Rite Aid?
Rite Aid Corp. Rite Aid Corp. engages in the ownership and management of retail drug stores. It operates through following segments: Retail Pharmacy and Pharmacy Services.
Do analysts agree on Rite Aid's (RTEA) price target?
The company's average rating score is 1.33, and is based on no buy ratings, 1 hold rating, and 2 sell ratings. According to analysts' consensus price target of $12.67, Rite Aid has a forecasted upside of 19.6% from its current price of $10.59.
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Is Rite Aid a good investment?
To add to investors worries, guidance for the 2023 fiscal year demonstrates that management only expects to bring in $23.5 billion in revenue, which is less than its $24.4 billion in trailing 12-month revenue. On top of that, Rite Aid is no longer profitable, with a profit margin of negative 0.69%.
Is Rite Aid a buy or sell?
Rite Aid has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 2 sell ratings.
Is Rite Aid in financial trouble?
Rite Aid, which was once the largest pharmacy chain in the country, is now just a minnow in the Big Pharmacy pond. The company lost more than $539 million last year and is struggling to hold on to a market cap of about $350 million (on par with comparatively tiny, struggling consumer products maker The Honest Co).
Did Rite Aid stock have a reverse split?
Rite Aid's board approved a “reverse stock split” at a ratio of 1-for-20 in an effort to keep the company's stock from being delisted by the New York Stock Exchange, the embattled drugstore chain disclosed Wednesday.
Is Rite Aid undervalued?
Rite Aid Corp holds a recent Real Value of $8.6 per share. The prevailing price of the company is $6.41. At this time, the company appears to be undervalued....Pharmaceutical Retailers.LowNext ValueHigh0.0430746.0512.05
Why is rad stock falling?
Shares in Bio-Rad dropped 16.8 percent for the five-day trading period ended Tuesday. The firm's shares took a hit due to an underwhelming financial forecast during its fourth-quarter conference call last week (see related article, this issue), and a drop in stocks across the board.
Did Rite Aid get bought out 2021?
On September 19, 2017, the Federal Trade Commission (FTC) approved a fourth deal agreement for Walgreens to purchase 1,932 stores from Rite Aid for $4.38 billion total....Rite Aid.FormerlyThrift D Discount Center (1962–1968)HeadquartersPhiladelphia, Pennsylvania, United StatesNumber of locations2,451 (2021)16 more rows
Is Walgreens taking over Rite Aid?
Walgreens Boots Alliance completed its $4.4 billion acquisition of 1,932 Rite Aid stores and three distribution centers in March after a failed 2015 bid to buy the chain outright. Walgreens acquired many of the locations across the Northeast and the South.
Is Walgreens and Rite Aid merger?
Back in 2015, Walgreens and Rite Aid announced that the two companies would merge but, the merger was never approved by the Federal Trade Commission. After the merger was halted, Walgreens purchased 1,932 stores, three distribution centers and related inventory for $4.3 billion from Rite Aid in 2017.
What company owns Rite Aid?
Here's What That Means For You. Last year Walgreens agreed to buy more than 1,900 Rite Aid stores and three distribution centers for $4.4 billion, a deal that leaves Rite Aid a much smaller chain operating in eight states.
Who owns Rite Aid Corp?
Top 10 Owners of Rite Aid Corp The Vanguard Group, Inc. Invesco Advisers, Inc. SSgA Funds Management, Inc.
Did Albertsons buy Rite Aid?
Rite Aid Corporation and Albertsons Companies announced on Wednesday they are terminating their merger agreement, the evening ahead of a shareholder vote over the deal.
Is Rite Aid stock a Buy, Sell or Hold?
Rite Aid stock has received a consensus rating of sell. The average rating score is and is based on 0 buy ratings, 1 hold ratings, and 3 sell ratings.
What was the 52-week low for Rite Aid stock?
The low in the last 52 weeks of Rite Aid stock was 4.68. According to the current price, Rite Aid is 132.26% away from the 52-week low.
What was the 52-week high for Rite Aid stock?
The high in the last 52 weeks of Rite Aid stock was 22.79. According to the current price, Rite Aid is 27.16% away from the 52-week high.
What are analysts forecasts for Rite Aid stock?
The 4 analysts offering price forecasts for Rite Aid have a median target of 6.50, with a high estimate of 12.00 and a low estimate of 1.00. The me...
About Rite Aid
Rite Aid (NYSE:RAD) Frequently Asked Questions
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.
New York Stock Exchange
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.
Environmental, Social, and Governance Rating
The Company is a Delaware corporation and through its wholly-owned subsidiaries, operates retail drugstores in the United States of America.
Business Summary
"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
Rite Aid to shutter two Sacramento locations as part of corporate closure plan
The Company is a Delaware corporation and through its wholly-owned subsidiaries, operates retail drugstores in the United States of America.
Rite Aid Corporation -- Moody's announces completion of a periodic review of ratings of Rite Aid Corporation
Two Sacramento Rite Aid locations are expected to close over the next few weeks, a company representative confirmed to the Business Journal.
Business
- Low
- High
- Open
Release
| DATE | OPEN | HIGH | LOW |
|---|---|---|---|
| Jul 23, 2021 | 14.95 | 15.00 | 14.58 |
| Jul 22, 2021 | 15.58 | 15.59 | 14.88 |
| Jul 21, 2021 | 15.49 | 15.90 | 15.22 |
| Jul 20, 2021 | 14.58 | 15.51 | 14.34 |
| Jul 19, 2021 | 13.47 | 14.61 | 13.36 |
| Jul 16, 2021 | 13.89 | 14.15 | 13.49 |
| Jul 15, 2021 | 13.91 | 13.95 | 13.22 |
| Jul 14, 2021 | 14.12 | 14.34 | 13.96 |
Cost
- Rite Aid Co. (NYSE:RAD) announced its quarterly earnings data on Thursday, April, 11th. The company reported ($0.20) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.60) by $0.40. The business had revenue of $5.38 billion for the quarter, compared to the consensus estimate of $5.56 billion. Rite Aid had a negative net margin of 1.95% and a ne…
Ratings
- Rite Aid is scheduled to release their next quarterly earnings announcement on Wednesday, June 26th 2019. View Earnings Estimates for Rite Aid.
Reception
- 6 brokerages have issued 12-month target prices for Rite Aid's stock. Their predictions range from $20.00 to $120.00. On average, they expect Rite Aid's stock price to reach $44.00 in the next year. This suggests a possible upside of 462.7% from the stock's current price. View Analyst Price Targets for Rite Aid.
Sales
- 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.
Ownership
- Media stories about RAD stock have been trending positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorabl…
Operations
- Rite Aid saw a increase in short interest in the month of April. As of April 15th, there was short interest totalling 207,551,625 shares, an increase of 23.0% from the March 29th total of 168,738,575 shares. Based on an average daily volume of 27,227,426 shares, the short-interest ratio is currently 7.6 days. Currently, 390.9% of the shares of the company are sold short. View R…
Location
- Rite Aid's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (138.27%), JPMorgan Chase & Co. (46.77%), Dimensional Fund Advisors LP (8.95%), Private Management Group Inc. (7.19%), Parametric Portfolio Associates LLC (6.69%) and California Public Employees Retirement System (6.44%). View Institutional Own…