We recommend you to use analysis of Rite Aid fundamentals to see if markets are presently mispricing the firm. We found thirty-seven available financial ratios for Rite Aid which can be compared to its competitors. To make sure the equity is not overpriced, please check all Rite Aid fundamentals including its Total Debt, Earnings Per Share and the relationship between Net Income and Book Value Per Share . Please also confirm Rite Aid Price to Earning to check out the company can sustain itself down the road.Use Rite Aid to protect against small markets fluctuations. The stock experiences moderate downward daily trend and can be a good diversifier. Check odds of Rite Aid to be traded at $1.5582 in 30 days
Rite Aid competes with Macys, Dollar General, Home Depot, Dollar Tree, and Vipshop Holdings. Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania. Rite Aid operates under Diversified Wholesale And Retail classification in USA and traded on New York Stock Exchange.
Rite Aid Corporation is rated below average in return on asset category among related companies. It is rated below average in book value per share category among related companies creating about 1.01 of Book Value Per Share per Return On Asset.
Rite Aid Systematic Risk
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Rite Aid correlated with the market. If Beta is less then 0 Rite Aid generally moves in the opposite direction as compared to the market. If Rite Aid Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Rite Aid is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Rite Aid is generally in the same direction as the market. If Beta > 1 Rite Aid moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.
Rite Aid Financial Distress Probability
Chance of Financial Distress
Rite Aid Corporation has less than 45 (%) percent chance of experiencing financial distress in the next 2 years of operations. More InfoToday, Rite Aid sold their remaining stores to Albertsons in a deal what will complete the process of transitioning all Rite Aid stores. Rite Aid has been in the process of sell... continue