Rite Aid Analysis

RADDelisted Stock  USD 0.17  0.01  5.56%   
Rite Aid is overvalued with Real Value of 0.16 and Hype Value of 0.17. The main objective of Rite Aid delisted stock analysis is to determine its intrinsic value, which is an estimate of what Rite Aid is worth, separate from its market price. There are two main types of Rite Aid's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Rite Aid's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Rite Aid's stock to identify patterns and trends that may indicate its future price movements.
The Rite Aid stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Rite Aid is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Rite Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Rite Aid's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Rite Stock Analysis Notes

About 49.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 0.87. Rite Aid recorded a loss per share of 14.34. The entity last dividend was issued on the 14th of October 1999. The firm had 1:20 split on the 22nd of April 2019. Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. Rite Aid Corporation was founded in 1962 and is headquartered in Philadelphia, Pennsylvania. Rite Aid operates under Diversified Wholesale And Retail classification in the United States and is traded on New York Stock Exchange. It employs 53000 people. To find out more about Rite Aid contact Heyward Donigan at 717 761 2633 or learn more at https://www.riteaid.com.

Rite Aid Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more delisted stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Rite Aid's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Rite Aid or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Rite Aid is not yet fully synchronised with the market data
Rite Aid has some characteristics of a very speculative penny stock
Rite Aid has a very high chance of going through financial distress in the upcoming years
The company reported the last year's revenue of 24.09 B. Reported Net Loss for the year was (749.94 M) with profit before taxes, overhead, and interest of 4.8 B.
Rite Aid has about 157.15 M in cash with (52.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.83, which can makes it an attractive takeover target, given it will continue generating positive cash flow.

Rite Aid Upcoming and Recent Events

Earnings reports are used by Rite Aid to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Rite Aid previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
12th of October 2023
Upcoming Quarterly Report
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20th of December 2023
Next Financial Report
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31st of August 2023
Next Fiscal Quarter End
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18th of April 2024
Next Fiscal Year End
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31st of May 2023
Last Quarter Report
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28th of February 2023
Last Financial Announcement
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Rite Market Capitalization

The company currently falls under 'Micro-Cap' category with a total capitalization of 36.76 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Rite Aid's market, we take the total number of its shares issued and multiply it by Rite Aid's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Rite Profitablity

Rite Aid's profitability indicators refer to fundamental financial ratios that showcase Rite Aid's ability to generate income relative to its revenue or operating costs. If, let's say, Rite Aid is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Rite Aid's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Rite Aid's profitability requires more research than a typical breakdown of Rite Aid's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of (0.04) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average.

Rite Aid Outstanding Bonds

Rite Aid issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Rite Aid uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Rite bonds can be classified according to their maturity, which is the date when Rite Aid has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Rite Aid Predictive Daily Indicators

Rite Aid intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Rite Aid stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

About Rite Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Rite Aid prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Rite shares will generate the highest return on investment. We also built our delisted stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Delisted Stock such as Rite Aid. By using and applying Rite Stock analysis, traders can create a robust methodology for identifying Rite entry and exit points for their positions.
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. Rite Aid Corporation was founded in 1962 and is headquartered in Philadelphia, Pennsylvania. Rite Aid operates under Diversified Wholesale And Retail classification in the United States and is traded on New York Stock Exchange. It employs 53000 people.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Rite Aid to your portfolios without increasing risk or reducing expected return.

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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Rite Aid information on this page should be used as a complementary analysis to other Rite Aid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Other Consideration for investing in Rite Stock

If you are still planning to invest in Rite Aid check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Rite Aid's history and understand the potential risks before investing.
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