Analyst’s mean target price for AutoZone, Inc. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Looking forward, analysts on average predict that earnings for the current quarter would come in between $0.01 and $0.04.
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Shares of Rite Aid Corporation rose by 0.74% in the last five trading days and 6.14% for the last 4 weeks. Domestic same store sales, or sales for stores open at least one year, increased 1.0% for the quarter.
-Earnings (Q2): $35.49 Mln. vs. $58.74 Mln. previous year. Walgreens is paying $9.00 a share to acquire Rite Aid. The company has a market capitalization of $8.44 billion, a P/E ratio of 60.00 and a beta of 1.78. The former includes EnvisionRX PBM (pharmacy benefits manager) and the latter targets the everyday consumer with health and beauty aids, personal care products, food and drinks, etc. Rite-Aid also saw improvements for prescription drug costs in the second quarter. Its weekly performance is 0.25% while year to date (YTD) performance is 3.32%.
Currently Rite Aid Corporation (RAD) captured an average recommendation of ” Hold ” from analysts, according to FactSet data.
Rite Aid on Thursday reported a revenues increase of 4.8% to $8 billion for its second quarter ended August 27.
On last trading day Scholastic Corporation (NASDAQ:SCHL) traded 121421 shares and was closed at 38.37. The stock reached a high of $8.09 and a low of $8.01 for the day. SCHL Gross Margin is 54.40% and its return on assets is 2.30%.
Currently, the stock carries a price to earnings ratio of 60.45, a price to book ratio of 14.21, and a price to sales ratio of 0.26.
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Scholastic Corporation (NASDAQ:SCHL) on Thursday reported a loss of $39.6 million in its fiscal first quarter. The Pennsylvania chain also recorded net income of $14.8 million, or 1 cent per diluted share, adjusted net income of $35.5 million, or 3 cents per diluted share and adjusted EBITDA of $312.7 million, or 3.9% of revenues. The publishing, education and media company posted revenue of $282.7 million in the period. For the past 5 years, the company’s revenue has grown 4%, while the company’s earnings per share has grown 17.6%. Cubist Systematic Strategies LLC now owns 42,493 shares of the company’s stock valued at $318,000 after buying an additional 15,131 shares in the last quarter. Stock value has moved between $4.37 – 10.47 in last one year. The stock’s 50 day moving average price is $7.64 and its 200 day moving average price is $7.71. The company has an Average Rating of 2.71 based on analysts tracked by Thomson Reuters.
