Rite Aid Corporation (RAD) EPS Estimated At $
- Author: Zachary Reyes Jun 06, 2017,
Jun 06, 2017, 18:27
The stock has "Market Perform" rating by Bernstein on Wednesday, June 29. Cubist Systematic Strategies Ltd Limited Liability Company reported 0.02% in Rite Aid Corporation (NYSE:RAD). The company was maintained on Friday, November 6 by RBC Capital Markets. Over the past 2 quarters, the stock is down -53.77%, compared with a fall of almost -32.48% for 3 months and about -9.36% for the past 30 days. Closely-held shares are those owned by insiders, major shareholders and employees, while restricted stock refers to insider shares that can not be traded because of a temporary restriction such as the lock-up period after an initial public offering. (NASDAQ:AMGN) has risen 5.27% since June 5, 2016 and is uptrending. It has underperformed by 7.13% the S&P500.
Rite Aid Corporation is a retail drugstore chain.
The stock has actually made sharp losses in the past year, as the company has gathered a -52.64% return in the past twelve months. The Company operates under The Rite Aid name. The stock declined 1.73% or $0.07 reaching $3.68 on the news. It has underperformed by 71.88% the S&P500. Therefore 42% are positive.
According to Zacks, "Rite Aid posted solid fourth-quarter fiscal 2017, wherein both the top line and bottom line surpassed estimates, with sales breaking its five-quarter long negative surprise trend". Comerica Retail Bank reported 40,897 shares.
The Altman Z-score is the output of a credit-strength test that gauges a publicly traded manufacturing company's likelihood of bankruptcy. As per Wednesday, January 6, the company rating was downgraded by Evercore. The company was downgraded on Thursday, August 6 by Vetr. Stifel Nicolaus maintained the stock with "Buy" rating in Friday, August 5 report. Rite Aid Corporation (NYSE:RAD) has declined 55.18% since June 6, 2016 and is downtrending. Rite Aid Corporation P/E (price to earnings) ratio is 1226.67 and Forward P/E ratio of 47.18.
09/18/2015 - Rite Aid Corporation had its "buy" rating reiterated by analysts at UBS.
Investors sentiment increased to 1.24 in 2016 Q4. (MPW) stock price comparison to its moving averages, shares of company are -0.14% away from the 50-day moving average and 1.09% away from 20-day average.
Rite Aid Corporation (RAD) shares saw a recent bid of $3.68 and 23.72M shares have exchanged hands in the recent trading session, yielding a -0.54% decline over the past week. Ursa Fund Management LLC bought a new stake in shares of Rite Aid during the fourth quarter valued at $367,000.
4 analysts on average are expecting Rite Aid Corporation to report earnings of $0.01 per share for the current quarter. Tru Of Vermont owns 5,000 shares. Schroder Invest Mngmt Grp has 3.45 million shares. Finemark Bankshares And accumulated 0% or 390 shares. 136,000 are held by Pyrrho L P. Raymond James And Assocs owns 298,428 shares for 0.01% of their portfolio. Nadler Fincl Inc owns 0.03% invested in Rite Aid Corporation (NYSE:RAD) for 10,000 shares. Gluskin Sheff And Assocs stated it has 0.07% of its portfolio in Rite Aid Corporation (NYSE:RAD).
The company shows its Return on Assets (ROA) value of 0%. Investors can use these support and resistance levels to refine their entries and exits from stocks. Metropolitan Life Insurance holds 70,663 shares or 0% of its portfolio. Macquarie Group Ltd. increased its stake in shares of Rite Aid by 125.3% in the fourth quarter.
Among 9 analysts covering Telus Corporation (NYSE:TU), 6 have Buy rating, 0 Sell and 3 Hold.
Analysts await Rite Aid Corporation (NYSE:RAD) to report earnings on June, 15. Of the 6 analysts surveyed by Reuters that track RAD 3 of them rate its stock a hold. "3 Pros, 3 Cons" on June 02, 2017. The firm has "Hold" rating given on Friday, April 8 by Deutsche Bank. Of the analysts surveyed by Reuters that track CME Group Inc.
The company has mean EPS estimate of 0 reported by 4 number of analyst for the quarter ending Current Qtr.(May2017). The firm has "Overweight" rating given on Thursday, November 5 by Piper Jaffray. Bank of America initiated the stock with "Buy" rating in Thursday, August 13 report. As per Thursday, October 29, the company rating was downgraded by Goldman Sachs. (NASDAQ:AMGN) rating on Monday, September 7.
Moreover, First Personal Svcs has 0.02% invested in AMETEK, Inc. Its down 0.17, from 1.26 in 2016Q3. Teacher Retirement Of Texas invested in 0% or 11,148 shares. 26 funds opened positions while 25 raised stakes. Ny State Common Retirement Fund invested in 751,594 shares. Greylin Inv Mangement reported 2,045 shares stake. Douglass Winthrop Advsrs Ltd Liability stated it has 2.13% in Amgen, Inc. (NASDAQ:AMGN). 22,020 were reported by Gamco Investors Inc Et Al. Parametric Portfolio Associates reported 0.01% in Echostar Corporation (NASDAQ:SATS). Korea Invest holds 0.35% or 501,461 shares. The New York-based Train Babcock Advisors Llc has invested 1.74% in the stock. Bnp Paribas Arbitrage Sa stated it has 0% in TrueCar Inc (NASDAQ:TRUE). Wellington Management Gru Llp accumulated 0% or 573,600 shares. (NASDAQ:AMGN) for 14,643 shares. Legal And General Group Public Limited Liability Corp reported 13,432 shares or 0% of all its holdings.