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?
Why did Rite Aid stock fall 10%?
Rite Aid stock falls 10% after larger-than-expected quarterly loss. Shares of Rite Aid Corp. fell more than 10% in the extended session Wednesday after the retailer reported a larger-than-expected fiscal first-quarter loss.
Can Rite Aid (Rad) stock get back on track?
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates. Rite Aid (RAD) Stock Dips 13% YTD: Can It Get Back on Track? Strength in online services and the PBM market will likely aid Rite Aid (RAD) in the times ahead.
Is Rite Aid a profitable company?
Rite Aid has a market capitalization of $590.73 million and generates $24.04 billion in revenue each year. The company earns $-90.91 million in net income (profit) each year or ($3.11) on an earnings per share basis.
See more
Is Rite Aid a buy?
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 $350 million (on par with comparatively tiny, struggling consumer products maker The Honest Co).
What is the short interest on Rite Aid stock?
Short Interest: RAD (NYSE)Rite Aid Corporation$ 5.38RAD (NYSE)-0.19
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.
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
Why is Rite Aid stock so low?
Rite Aid hit a sentiment low point on April 7, 2022, when Deutsche Bank downgraded it to a Sell rating with a rock bottom price target of $1 on the post-pandemic recessive effects as a going concern.
What are the most shorted stocks?
Most Shorted StocksSymbol SymbolCompany NameFloat Shorted (%)REV REVRevlon Inc. Cl A73.27%EVFM EVFMEvofem Biosciences Inc.50.89%PMVP PMVPPMV Pharmaceuticals Inc.47.41%HRTX HRTXHeron Therapeutics Inc.47.00%42 more rows
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.
How many shares does Rite Aid have?
Rite Aid Corporation (US:RAD) has 374 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 43,700,918 shares.
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.
Is Walgreens buying 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.
What store did Rite Aid buyout?
East Pennsboro Township-based Rite Aid announced this week that it has reached an agreement to acquire a Washington state drug store chain. Rite Aid is planning to acquire Bartell Drugs, 130-year-old family-owned company for $95 million.
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.
Rite Aid to shutter two Sacramento locations as part of corporate closure plan
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.
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.
Investors don't like the company's first-quarter update
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Rite Aid CorporationGlobal Credit Research - 04 Feb 2022New York, February 04, 2022 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Rite Aid Corporation and other ratings that are associated with the same analytical unit.
What happened
Keith began writing for the Fool in 2012 and focuses primarily on healthcare investing topics. His background includes serving in management and consulting for the healthcare technology, health insurance, medical device, and pharmacy benefits management industries. Follow @keithspeights
So what
Shares of Rite Aid ( NYSE:RAD) were plunging 14.3% lower as of 11:22 a.m. EDT on Thursday. The steep decline came after the pharmacy retailer reported its fiscal 2022 first-quarter results before the market opened.
Now what
As you might expect after today's sell-off of the healthcare stock, investors weren't happy with Rite Aid's first-quarter results. The company reported revenue of $6.16 billion, below the consensus estimate of $6.21 billion. However, Rite Aid's adjusted earnings of $0.38 per share easily beat the average analysts' estimate of $0.22 per share.
Business
- 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…
Release
- Rite Aid is scheduled to release their next quarterly earnings announcement on Wednesday, June 26th 2019. View Earnings Estimates for Rite Aid.
Cost
- 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.
Ratings
- 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.
Reception
- 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…
Sales
- 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…
Ownership
- 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…
Operations
- Rite Aid has a market capitalization of $421.50 million and generates $21.64 billion in revenue each year. Rite Aid employs 51,000 workers across the globe.
Location
- 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].