Rite Aid Corporation's (RAD) stock price is now Worth at $5.23
- Author: Zachary Reyes Mar 08, 2017,
Mar 08, 2017, 18:32
This rating was issued on 4/08/16. The stock has been active on the tape, now trading at $5.23, down from yesterday's close by -4.04%. Analyst's mean target price for the firm is $6.86 while analysts mean recommendation is 2.60. There may be various price targets for a stock.
The Stock had a 2.5 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.5 and 2.5 respectively.
Rite Aid Corporation (NYSE:RAD) now has a High Price Target of $9. Evercore ISI Group Downgrades the stock to Hold on 1/06/16 with no specific Price Target. The company has a Low Price Target of $8 and the Mean Target of $21.34, according to the Brokers.
Rite Aid (NYSE:RAD) last announced its quarterly earnings data on Thursday, December 22nd.
While taking a glance at financials, we can look at a number of key indicators about Rite Aid Corporation (RAD) . The stock touched its 52-Week High on Jan 13, 2017 and 52-Week Low on Feb 6, 2017.
Rite Aid Corporation (RAD), a part of Services sector and belongs to Drug Stores industry; ended its day with loss -4.04% and finalized at the price of $5.23.
Zacks Investment Research also rated the stock with a value of 2.5. The consensus recommendation by Thomson Reuters analysts is Buy and their mean rating for the stock is 1.50 on scale of 1-5.
For the current quarter, the highest estimate analysts provided is 8.36 Billion and the lowest is 8.13 Billion.
U.S. based company, Rite Aid Corporation (RAD)'s latest closing price distance was at -28.96% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -24.57% and -8.42% compared with the 20 Day Moving Average. During the same period past year, the firm posted $0.06 EPS. Thus the company showed an Earnings Surprise of -75 Percent. The stock has a market capitalization of $5.70 billion, a PE ratio of 69.051 and a beta of 1.89. Vetr cut shares of Rite Aid from a "strong-buy" rating to a "buy" rating and set a $6.58 price objective for the company.in a research note on Monday, February 20th. The share price of $5.23 is at a distance of 0.58 percent from its 52-week low and down -40.36 percent versus its peak. According to them, the median (average) EPS the company could deliver is 0.03/share. The share price is now -5.44 percent versus its SMA20, -4.79 percent versus its SMA50, and -12.5 percent versus its SMA200.
It is important to consider the moving averages of a downtrending security. The stock is now has its Return on Assets (ROA) value of -4.7 Percent. The Return on Investment (ROI) is at 8.2% while it's Return on Equity (ROE) value stands at 14.9%. The share price is now -8.42 percent versus its SMA20, -24.57 percent versus its SMA50, and -28.96 percent versus its SMA200. Likewise, the negative performance for the quarter was recorded as -37.45% and for the year was -37.45%, while the YTD performance remained at -39.20%.
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. Relative volume is ratio between current volume and 3-month average value, intraday adjusted. Stock institutional ownership is 19.70%. RAD has P/E (Price to Earnings ttm) value of 58.26, Forward P/E of 52.19, P/C (Price to cash per share) of 25.37 and Price to Free Cash Flow (P/FCF) value of 0.