Where can I Buy Rite Aid shares?
Apr 16, 2022 · Why Rite Aid Stock Is Rebounding Today Shares of Rite Aid (NYSE: RAD) had plunged 49% as of the market close on Wednesday. Investors cheered Rite Aid's fourth-quarter update, which was announced before the market opened. Rite Aid reported fourth-quarter revenue of $6.07 billion, up 2.5% year over year.
Can Rite Aid (Rad) stock get back on track?
Apr 14, 2022 · Shares of Rite Aid (NYSE: RAD) had plunged 49% as of the market close on Wednesday. However, the pharmacy stock was rebounding by 5.3% as of 11 a.m. ET on Thursday and had risen as much as 21.5% ...
What are analysts'target prices for Rite Aid's stock?
Apr 14, 2022 · Shares of Rite Aid Corp. (NYSE:RAD) are on the move in pre-market trading for April 14. Ahead of the market's open, Rite Aid stock …
Is Rite Aid a profitable company?
How many shares does Rite Aid have?
Share StatisticsAvg Vol (3 month) 33.29MShares Outstanding 555.77MImplied Shares Outstanding 6N/AFloat 852.26M% Held by Insiders 12.72%7 more rows
Did Rite Aid do a stock split?
The company's share price dropped following the announcement of two failed merger attempts. That changed after Rite Aid executed a 1-for-20 reverse stock split which brought its stock price above the threshold. 2 Since then, the stock has traded around $10 per share.
What sector is rad in?
Key DataLabelValueExchangeNYSESectorHealth CareIndustryMedical/Nursing Services1 Year Target$7.5013 more rows
Did Walgreens buy 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.Jun 25, 2018
What is wrong with Rite Aid?
Computerized distribution snafus and charges of software-based consumer fraud have contributed to the pharmacy chain's bottom-line ills. Multimillion-dollar losses, allegations of software-based consumer fraud, computer problems at an advanced distribution center and a new CIO have put the IT group at Rite Aid Corp.
Is Rite Aid stock a good 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 3 sell ratings.
What industry is Rite Aid in?
RetailRite AidFormerlyThrift D Discount Center (1962–1968)IndustryRetailFoundedSeptember 12, 1962 In Scranton, Pennsylvania, United StatesFounderAlex GrassHeadquartersCamp Hill, Pennsylvania, United States14 more rows
Is Rite Aid a buy right now?
What stocks does MarketBeat like better than Rite Aid?
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.#N#View analyst ratings for Rite Aid or view top-rated stocks.
When is Rite Aid's next earnings date?
Wall Street analysts have given Rite Aid a "Sell" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Rite Aid wasn't one of them.
How can I listen to Rite Aid's earnings call?
Rite Aid is scheduled to release its next quarterly earnings announcement on Thursday, September 23rd 2021.#N#View our earnings forecast for Rite Aid.
How were Rite Aid's earnings last quarter?
Rite Aid will be holding an earnings conference call on Thursday, September 23rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-621-4642 with passcode "5387890".
How has Rite Aid's stock been impacted by Coronavirus?
Rite Aid Co. (NYSE:RAD) issued its quarterly earnings data on Wednesday, June, 23rd. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.16. The business earned $6.16 billion during the quarter, compared to the consensus estimate of $6.21 billion.
When did Rite Aid's stock split? How did Rite Aid's stock split work?
Rite Aid's stock was trading at $14.13 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, RAD shares have increased by 28.5% and is now trading at $18.16.#N#View which stocks have been most impacted by COVID-19.
Ideas
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 market closes on Friday, April 19th 2019.
Profile
RAD ENTRY = 13.35 - 13.70 1st Target = 14.25 2nd Target = 15.75 3rd Target = 16.90 4th Target = 17.87 HODL Target = 20+ ______________________________________________________________________________________________________________________ This content is for informational, educational and entertainment purposes only.
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].