Betting On Rite Aid Corporation (NYSE:RAD) ?


Rite Aid Corporation (NYSE:RAD) closed its last session at $2.05. The stock traded within a range of $2.02 and $2.10. The company operates in the Consumer Defensive sector with a market capitalization of 2.18 Million. Trading volume for Rite Aid Corporation was 17.02 Million in its previous trading session. Currently, Rite Aid Corporation (NYSE:RAD) has an average volume of 24.89 Million.

Company Profile

Rite Aid Corporation is a retail drugstore chain in the United States  serving customers in numerous states across the country and in the District of Columbia. It operates stores in the majority of the major U.S. metropolitan markets. The company operates in two business segments: the retail drug segment and the pharmacy benefit management segment.

Analyst Views

Rite Aid Corporation (NYSE:RAD) received a Buy rating from 0 analysts. 0 analysts gave its stock an Outperform rating. 2 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Rite Aid Corporation (NYSE:RAD) touched its 1-Year High price of $6.15 on 02/21/17 and its 1-Year Low price of $1.38 on 11/09/17.

EPS & Financials

Rite Aid Corporation (NYSE:RAD) reported its EPS in the last quarter as $0/Share beating the analyst estimate of $-0.02/Share by a difference of $0.02. This showed a surprise of 100% in the last quarter earnings.

For the current quarter, 5 analysts are projecting a mean EPS of $-0.01/share. According to their observations and findings, the stock could provide a high EPS of $0.01/share and a low EPS of $-0.04/share.

Analysts believe that the company has the potential to earn average revenue of $5.57 Billion for the current quarter. According to their predictions high & low revenue estimates are 5.74 Billion and 5.38 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with LOW volatility. Rite Aid Corporation (NYSE:RAD) has a 20-Day average volume of 17.16 Million. According to today’s trading volume Rite Aid Corporation is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.3 Percent and Institutional ownership of 51.4 Percent. The return on assets stands at 0.9%, Return on Equity currently is 14.8% and the Return on Investment value is 11.1%.

Rite Aid Corporation (NYSE:RAD) gross margin percentage stands at 22.6% while its operating margin for the past trailing twelve month is 1.4 percent and its overall profit margin (ttm) is 0.4 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -4.85% with a 50-Day Simple Moving Average of -0.07 percent. As of today, the company has a SMA200 (200-day simple moving average) of -15.23 Percent. The Stock has YTD (year to date) performance of 4.06 percent.

The TTM operating margin for the company stands at 1.4%. The return on invested capital is at 11.1%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 5.11.

The company’s stock is currently moving with a -ve distance from the 200 day SMA of approximately -15.23%, and has a solid year to date (YTD) performance of 4.06% which means that the stock is constantly adding to its value from the previous fiscal year end price.