Rite Aid Stock Analysis

RAD -  USA Stock  

USD 11.66  0.29  2.43%

The latest Rite Aid Corp price dip created some momentum for shareholders as it was traded today as low as 11.63 and as high as 12.1 per share. The company executives were unable to exploit market volatilities in December. However, diversifying your overall positions with Rite Aid Corp can protect your principal portfolio during market swings. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.25. This high volatility is attributed to the latest market swings and not so good earnings reports for some of the Rite Aid partners.
Additionally, take a look at Your Equity Center.

Rite Aid Stock Analysis 

 
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The Rite Aid stock analysis report makes it easy to digest most publicly released information about Rite Aid and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Rite Aid Stock analysis module also helps to analyze the Rite Aid price relationship with some important fundamental indicators such as market cap and management efficiency.

Rite Aid Stock Analysis Notes

About 58.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.42. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Rite Aid Corp recorded a loss per share of 3.12. The entity next dividend is scheduled to be issued on the 14th of October 1999. The firm had 2:1 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 Camp Hill, Pennsylvania. Rite Aid operates under Pharmaceutical Retailers classification in the United States and is traded on New York Stock Exchange. It employs 50000 people. To find out more about Rite Aid Corp contact Heyward Donigan at 717 975-5905 or learn more at www.riteaid.com.

Rite Aid Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more 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 Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Rite Aid Corp generated a negative expected return over the last 90 days
Rite Aid Corp has high historical volatility and very poor performance
The company reported the last year's revenue of 24.42 B. Reported Net Loss for the year was (167.91 M) with profit before taxes, overhead, and interest of 4.73 B.
Rite Aid Corp has a strong financial position based on the latest SEC filings
About 58.0% of the company shares are owned by institutional investors
Latest headline from www.wsj.com: Walgreens, CVS Shut Some Pharmacies on Weekends as Omicron Strains Staffing - The Wall Street Journal

Rite Aid Corp 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.
Upcoming Quarterly Report21st of April 2022
Next Earnings Report23rd of June 2022
Next Fiscal Quarter End28th of February 2022
Next Fiscal Year End21st of April 2022
Last Quarter Report30th of November 2021
Last Earning Announcement28th of February 2021

Rite Aid Largest EPS Surprises

Earnings surprises can significantly impact Rite Aid's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2015-06-18
2015-05-310.030.02-0.0133 
2015-09-17
2015-08-310.040.02-0.0250 
2015-04-08
2015-02-280.070.120.0571 
View All Earnings Estimates

Rite Aid Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Rite Aid is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Rite Aid Corp backward and forwards among themselves. Rite Aid's institutional investor refers to the entity that pools money to purchase Rite Aid's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Spire Wealth ManagementCommon Shares13.2 K195 K
Koshinski Asset Management IncCommon Shares1.3 K18.5 K
Ifp Advisors IncCommon Shares40.0K
Sound Income Strategies LlcCommon Shares100.01000
Gradient Investments LlcCommon Shares16.00.0
Versant Capital Management IncCommon Shares33.00.0
Vanguard Group IncCommon Shares5.2 M73.4 M
Susquehanna International Group LlpPut Options1.5 M21.9 M
Susquehanna International Group LlpCall Options1.2 M17.7 M
Note, although Rite Aid's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Rite Aid Market Capitalization

The company currently falls under 'Small-Cap' category with total capitalization of 690.45 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 these looking for more risk prefer small-cap and mid-cap equities.

Rite Aid 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 (0.69) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 0.41 %, which entails that for every 100 dollars of revenue, it generated 0.0 of operating income.
Last ReportedProjected for 2022
Return on Investment 2.28  2.34 
Return on Average Assets(5.31) (5.45) 
Return on Average Equity(48.59) (49.87) 
Return on Invested Capital 0.07  0.08 
Return on Sales 0.0279  0.0301 

Management Efficiency

The entity has Return on Asset of 0.66 % which means that on every $100 spent on asset, it made $0.66 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (31.02) %, meaning that it generated no profit with money invested by stockholders. Rite Aid management efficiency ratios could be used to measure how well rite aid corp manages its routine affairs as well as how well it operates its assets and liabilities. Rite Aid Return on Invested Capital is projected to increase slightly based on the last few years of reporting. The past year's Return on Invested Capital was at 0.07. The current year Return on Sales is expected to grow to 0.0301, whereas Return on Average Assets are forecasted to decline to (5.45) . Rite Aid Goodwill and Intangible Assets are projected to decrease significantly based on the last few years of reporting. The past year's Goodwill and Intangible Assets were at 447.84 Million. The current year Revenue to Assets is expected to grow to 2.96, whereas Assets Non Current are forecasted to decline to about 3.8 B.
Last ReportedProjected for 2022
Book Value per Share 0.07  0.07 
Enterprise Value over EBIT 14.40  14.78 
Enterprise Value over EBITDA 9.76  10.53 
Price to Book Value 123.59  133.35 
Tangible Assets Book Value per Share 9.70  10.43 
Enterprise Value12.1 B9.7 B
Tangible Asset Value7.5 B6.7 B

Technical Drivers

As of the 19th of January, Rite Aid holds the risk adjusted performance of (0.03058), and Coefficient Of Variation of (2,101). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rite Aid, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Rite Aid Corp, which can be compared to its competitors. Please check Rite Aid Corp value at risk, as well as the relationship between the semi variance and kurtosis to decide if Rite Aid Corp is priced some-what accurately, providing market reflects its current price of 11.66 per share. Given that Rite Aid has jensen alpha of (0.23), we recommend you to check out Rite Aid Corp's recent market performance to make sure the company can sustain itself at a future point.

Rite Aid Corp Price Movement Analysis

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Rite Aid Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Rite Aid insiders, such as employees or executives, is commonly permitted as long as it does not rely on Rite Aid's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Rite Aid insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

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 Corp 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 Aid bonds can be classified according to their maturity, which is the date when Rite Aid Corp 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.
MaturityCouponRating
Rite Aid 7702/15/20277.7
CCC+

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.

Rite Aid Forecast Models

Rite Aid time-series forecasting models is one of many Rite Aid's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Rite Aid's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Rite Aid Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Rite Aid stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Rite Aid shares will generate the highest return on investment. We also built our 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 stock such as Rite Aid. By using and applying Rite Aid Stock analysis, traders can create a robust methodology for identifying Rite Aid entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 0.44  0.45 
EBITDA Margin 1.70  2.15 
Gross Margin 21.56  25.78 
Profit Margin(2.06) (2.12) 
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 Camp Hill, Pennsylvania. Rite Aid operates under Pharmaceutical Retailers classification in the United States and is traded on New York Stock Exchange. It employs 50000 people.

Current Rite Aid Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Rite Aid analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Rite Aid analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
15.0Sell2Odds
Rite Aid Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Rite Aid analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Rite Aid stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Rite Aid Corp, talking to its executives and customers, or listening to Rite Aid conference calls.
Rite Aid Analyst Advice Details

Rite Aid Stock Analysis Indicators

Rite Aid Corp stock analysis indicators help investors evaluate how Rite Aid stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Rite Aid shares will generate the highest return on investment. By understating and applying Rite Aid stock analysis, traders can identify Rite Aid position entry and exit signals to maximize returns.
Quick Ratio0.68
Fifty Two Week Low11.50
Revenue Growth1.80%
Shares Short Prior Month11.4M
Average Daily Volume Last 10 Day2.64M
Average Daily Volume In Three Month2.19M
Shares Percent Shares Out20.73%
Gross Margins20.49%
Short Percent Of Float21.05%
Forward Price Earnings-17.94
Float Shares52.26M
Fifty Two Week High32.48
Enterprise Value To Ebitda17.56
Fifty Day Average13.26
Two Hundred Day Average15.95
Enterprise Value To Revenue0.29
Additionally, take a look at Your Equity Center. Note that the Rite Aid Corp 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Rite Aid Corp price analysis, check to measure Rite Aid's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rite Aid is operating at the current time. Most of Rite Aid's value examination focuses on studying past and present price action to predict the probability of Rite Aid's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Rite Aid's price. Additionally, you may evaluate how the addition of Rite Aid to your portfolios can decrease your overall portfolio volatility.
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Is Rite Aid's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rite Aid. If investors know Rite Aid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rite Aid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Rite Aid Corp is measured differently than its book value, which is the value of Rite Aid that is recorded on the company's balance sheet. Investors also form their own opinion of Rite Aid's value that differs from its market value or its book value, called intrinsic value, which is Rite Aid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rite Aid's market value can be influenced by many factors that don't directly affect Rite Aid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rite Aid's value and its price as these two are different measures arrived at by different means. Investors typically determine Rite Aid value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rite Aid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.