Rite Aid Corporation (NYSE:RAD) has declined 1.27% since February 3, 2016 and is downtrending. Stock value has moved between $0 – 0 in last one year.
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Company mean estimate for revenue for the ongoing quarter ending Oct 16 is $1.32B by 10 analysts. With an institutional ownership near 64.5%, it carries an earnings per share ratio of 0.13.
On the company’s financial health, Rite Aid Corporation reported $0.01 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Jun 16, 2016. At present, 6 analysts recommended Holding these shares while 0 recommended sell, according to FactSet data.
As for as concerns shares volumes, in share of capital Rite Aid Corporation (NYSE:RAD) has 1042.06 million outstanding shares among them 1041.20 million shares have been floated in market exchange.
According to FT, The 11 analysts offering 12 month price targets for AES Corp have a median target of 13.00, with a high estimate of 15.00 and a low estimate of 11.00. Sales growth past 5 years was measured at 4.00%. Looking forward, analysts on average predict that earnings for the current quarter would come in between $0.01 and $0.04. During the same quarter in the previous year, the company posted $0.04 EPS.
EPS growth in past 5 year was 17.60% along with sales growth of 4.00% in the last five years.
Some buy side analysts are also providing their Analysis on Rite Aid Corporation, where 1 analysts have rated the stock as Strong buy, 2 analysts have given a Buy signal, 6 said it’s a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell.
During last 3 month it remained at 8.45%. 8 Analysts reported that the Price Target for Rite Aid Corporation might touch $9 high while the Average Price Target and Low price Target is $8.88 and $8 respectively.
Rite Aid Corporation was downgraded to “hold” by analysts at Deutsche Bank. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
On 9/7/2016, Rite Aid Corporation (NYSE:RAD) completed business day higher at $7.75 with +2.51%. The company has market capitalization of $8.08B. The stock price is going above to its 52 week low with 31.80% and lagging behind from its 52 week high with -11.33%.
During the last trading session, the stock’s price changed -14.53% below its 200 day moving average of $25.11 and moving -7.38% downbeat it’s SMA 50 of $23.17. The stock had a trading volume of 1.6 M shares. The return on equity ratio or ROE stands at -8.2% while most common profitability ratio return on investment (ROI) was 2.8%. The company’s net profit margin has achieved the current level of -1.9% and possesses 18.2% gross margin.
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While looking at the Stock’s Performance, Rite Aid Corporation now shows a Weekly Performance of 1.89%, where Monthly Performance is 8.31%, Quarterly performance is -1.95%, 6 Months performance is -5.5% and yearly performance percentage is -7.8%. The stock’s weekly volatility was 3.27% and the RSI amounts to 38.27.
