Stocks Highlights: Oracle Corporation (NYSE:ORCL), Rite Aid Corporation (NYSE:RAD)

Andrew Cummings
February 17, 2017

On average, equities analysts forecast that Rite Aid Corporation will post $0.07 earnings per share for the current year. The stock gained a consensus recommendation of 2.5 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell.

Growth Estimate for Oracle Corporation (NYSE:ORCL) is projected at -3.1 percent in the Current Quarter and -3.7 percent in the Next Quarter, according to analysts. As per the consensus estimate, the company's year-on-year revenue growth is expected to be at -42.76% during the period. The 1 year EPS growth rate is -92.40%. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $-0.01 to $0.02. The average analysts gave this company a mean recommendation of 2.60. The mean forecast was for $8.23 billion and $0.04 a share, respectively.

In case of Revenue Estimates, 5 analysts have provided their consensus Average Revenue Estimates for Rite Aid Corporation as 8.28 Billion.


With respect to the forward-looking information presented on a non-GAAP basis, the Company is unable to provide a quantitative reconciliation to GAAP because the items that would be included or excluded, other than those described below, are hard to predict and estimate and are mainly dependent on future events, counting costs regardingthe consummation and planned integration of the Company's pending acquisition of Linear Technology Corporation, which is expected to close by the end of the Company's second fiscal 2017 quarter. The company's market cap is $6.07 Billion. The stock presently has an average rating of "Buy" and an average target price of $9.01.

Rite Aid Corporation (NYSE:RAD) traded with the volume of 15.72 Million in the previous trading session. The Stock now has the market capitalization of $6.05 Billion, P/E (price to earnings ttm) of 67.33 and Weekly volatility of 2.67% and monthly volatility of 5.07% respectively. The stock appeared $40.39 above its 52-week highs and is up 14.16% for the last five trades. The stock is now moving above its 20-Day Simple Moving Average of -22.75% with the 50-Day Simple Moving Average of -22.75 percent. The stock hit its 52-Week High on Mar 21, 2016 and 52-Week Low on Feb 24, 2016.

Rite Aid Corporation is now showing -56.2% EPS growth this year. The company's Relative strength index is 65.84.


Rite Aid Corporation (NYSE:RAD) jumped 1.22 percent and ended the day at $5.79. The highest and lowest price target given by the brokerage firms to the equity are $9 and $6.5, respectively. This quarter analysts say they expect sales to move at $8.28 billion - higher from $8.27 billion the year before. Number of analysts are covering this stock and now stock has got OUTPERFORM rating from 6 analysts of Thomson Reuters, 10 analysts given HOLD rating to the stock and 1 given UNDERPERFORM rating.

The stock is now trading at a distance of -10.39% from SMA-20. Rite Aid Corporation got Downgrade on 8-Apr-16 where investment firm Deutsche Bank Downgrade the stock from Buy to Hold. The company reported the earnings of $0.01/Share in the last quarter where the estimated EPS by analysts was $0.04/share. Per-share earnings measure the quantum of a company's earnings on a per share basis.

WI cut its stake in Rite Aid Corporation (NYSE:RAD) by 12.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC.


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