Rite Aid Corporation (NYSE:RAD) Quarterly EPS Analysis

Lloyd Doyle
November 13, 2017

When we look at the Volatility of the company, Week Volatility is at 6.81% whereas Month Volatility is at 6.00%.

Investors as well as the sell-side will be paying close attention to how the actual numbers compare with the estimates. The company's outstanding shares are 311.53 Million. Atlas Brown Inc. boosted its position in Rite Aid Corporation by 43.1% during the 2nd quarter. The volume of the company in the last trading session was 28.65 Million.

Institutional owners hold 54.50% stake while Insiders ownership held at 1.00% in the company. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Rite Aid Corporation by 100.4% during the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 314,155 shares of the company's stock valued at $927,000 after acquiring an additional 4,199 shares during the last quarter. The legal version of this article can be viewed at https://www.dispatchtribunal.com/2017/11/13/royal-bank-of-canada-reiterates-2-00-price-target-for-rite-aid-corporation-rad.html. For the full year, analysts expect earnings to decline -266.67% yoy to -$0.1. Royal Bank Of Canada initiated coverage on Rite Aid Corporation in a research note on Tuesday, September 19th. Bank of America Corporation reaffirmed an "underperform" rating and set a $2.00 price objective on shares of Rite Aid Corporation in a research note on Friday, June 30th.

In the most updated research from a number of analysts on Wall Street, the company gets 4 Buys and 2 Sell among 12 analysts. They set a "hold" rating and a $2.50 target price for the company.

Several analysts have released their opinion on Rite Aid Corporation (NYSE:RAD), with 1 analysts believing it is a strong buy.


According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 2.67 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. A frequently used tool among technical stock analysts is the moving average.

Rite Aid Corporation, launched on April 15, 1968, is a retail drugstore chain. The stock touched 52-week High of $8.77 on 01/13/17 and 52-week Low of $1.38 on 11/09/17. The company has a debt-to-equity ratio of 9.71, a quick ratio of 0.77 and a current ratio of 1.74. Rite Aid Corporation (RAD) received interesting focus from Active Investors and it has been trading on front line as comparing to it past average volume. EPS long term mean growth rate estimated by 3 analysts is at 0.06%, whereas, the high and low Long term growth rate estimated at 0.11 and 0.03. However it has a net margin of 0.30%. According to their predictions high & low revenue estimates are 7.78 Billion and 6.98 Billion respectively. During the same period past year, the business posted $0.03 EPS.

Hawaiian Holdings, Inc. most recently reported earnings per share (EPS) of $1.92 for the September 2017 versus $1.92 in the same quarter past year, representing 0% growth.

Currently, the stock carries a price to earnings ratio of 19.15, a price to book ratio of 2.24, and a price to sales ratio of 0.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The company operates in two business segments: the retail drug segment and the pharmacy benefit management segment. The Company operates under The Rite Aid name. It operates stores in the majority of the major US metropolitan markets. The Company's Retail Pharmacy segment consists of Rite Aid stores, RediClinic and Health Dialog.

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