Rite Aid Stock Analysis

The latest Rite Aid Corp price dip created some momentum for shareholders as it was traded today as low as 0.0 and as high as 0.0 per share. The company directors and management were unable to exploit market volatilities in September. 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 6.79. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Rite Aid partners.
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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 65.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.62. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Rite Aid Corp has Price/Earnings To Growth (PEG) ratio of 1.49. The entity recorded a loss per share of 1.7. The firm last dividend was issued on the 14th of October 1999. Rite Aid 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 Philadelphia, Pennsylvania. Rite Aid is traded on New York Stock Exchange in the United States. To find out more about Rite Aid Corp contact Heyward Donigan at 717 975-5905 or learn more at https://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 is not yet fully synchronised with the market data
Rite Aid Corp generated a negative expected return over the last 90 days
Rite Aid Corp has high historical volatility and very poor performance
Rite Aid Corp has some characteristics of a very speculative penny stock
The company reported the last year's revenue of 24.42 B. Reported Net Loss for the year was (635.61 M) with profit before taxes, overhead, and interest of 5.11 B.
About 65.0% of the company shares are owned by institutional investors

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 Financial 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 Financial Announcement28th of February 2021

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
Blackrock IncCommon Shares4.6 M31 M
Vanguard Group IncCommon Shares3.8 M25.6 M
Invesco LtdCommon Shares2.8 M19 M
State Street CorpCommon Shares2.1 M14.4 M
Gmt Capital CorpCommon Shares1.5 M10 M
Lombard Odier Asset Management Usa CorpPut Options1.2 M8.1 M
Two Sigma Investments LpCommon Shares1.1 M7.4 M
Dimensional Fund Advisors LpCommon Shares958.9 K6.5 M
Citadel Advisors LlcCall Options573.8 K3.9 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 392.07 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 (2.6) %, 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 0.48 %, which entails that for every 100 dollars of revenue, it generated 0.0 of operating income.

Management Efficiency

The entity has Return on Asset of 0.83 % which means that on every $100 spent on asset, it made $0.83 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (213.43) %, 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 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 Technical and Predictive Indicators

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Other Tools for Rite Aid Stock

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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