Rite Aid Corporation (NYSE:RAD) Reviewed By Analysts

Andrew Cummings
May 31, 2017

Market Cap is also the figure use to determine company's size, as opposed to using sales or total asset figures. The Company's principal business is overseeing and directing the business of The Bank of Greene County and monitoring its cash position. It has a 1052.02 P/E ratio. The Bank of Greene County, through its affiliations, offers investment alternatives for customers.

Rite Aid Corporation (NYSE:RAD) has a market cap of $3.9 billion and over the last 12 months, RAD has declined by -53.13%.

This company has been competing with others in the Services space and offers its own combination of interesting factors Rite Aid Corporation (RAD) now trades with a market capitalization of $3.90 Billion. Commerzbank Aktiengesellschaft FI now owns 58,242 shares of the company's stock valued at $248,000 after buying an additional 4,601 shares during the last quarter. Rite Aid has a 1-year low of $3.32 and a 1-year high of $8.77. The stock's current trading price is $15.44 by scoring -0.61%. It has underperformed by 71.88% the S&P500.


The stock price decreased -5.72% or $0.21 versus $3.67 at the end of the prior session. Its down 0.26, from 1.18 in 2016Q3. Whittier Of Nevada Inc invested in 5,607 shares.

Mitsubishi UFJ Trust & Banking Corp raised its stake in Rite Aid Co. Overall, 6.79 Million shares exchanged hands versus its average trading volume of 19.45 Million shares.

Rite Aid Corporation (RAD) has an Analysts' Mean Recommendation of 2.6, according to data compiled by Finviz. Vanguard Grp accumulated 81.01 million shares. The short interest to Rite Aid Corporation's float is 4.09%. Of the analysts surveyed by Reuters that track Rite Aid Corporation (RAD), 3 of them rate its stock a hold. Pinnacle Assoc Limited reported 0% in Rite Aid Corporation (NYSE:RAD). Zurcher Kantonalbank (Zurich Cantonalbank) has 0.01% invested in Rite Aid Corporation (NYSE:RAD) for 171,605 shares. 180,700 are owned by First Quadrant Limited Partnership Ca.


While looking at the Stock's Performance, Rite Aid Corporation now shows a Weekly Performance of 6.07%, where Monthly Performance is -7.09%, Quarterly performance is -38.83%, 6 Months performance is -52.95% and yearly performance percentage is -53.13%. The stock of Rite Aid Corporation (NYSE:RAD) earned "Buy" rating by Bank of America on Thursday, August 13. The company is expected to report EPS as high as $0.02 and as low as $-0.01 per share. Moreover, Citigroup Inc has 0% invested in Rite Aid Corporation (NYSE:RAD).

State Of Alaska Department Of Revenue, which manages about $1.08 billion US Long portfolio, upped its stake in Expeditors Intl Wash Inc (NASDAQ:EXPD) by 69,158 shares to 94,210 shares, valued at $4.99 million in 2016Q4, according to the filing. Growth in EPS is an important measure of management performance because it shows how much money the company is making for it's shareholders, not only due to changes in profit, but also after all the effects of issuance of new shares (this is especially important when the growth comes as a result of acquisition). Zacks Investment Research upgraded Rite Aid from a "sell" rating to a "hold" rating in a report on Monday, February 27th. Therefore 36% are positive. Analysts reported that the Price Target for Rite Aid Corporation might touch $6.5 high while the Average Price Target and Low price Target is $6.5 and $6.5 respectively. The rating was downgraded by Evercore to "Hold" on Wednesday, January 6. Stifel Nicolaus maintained the shares of EA in report on Monday, September 12 with "Buy" rating. As per Thursday, August 6, the company rating was downgraded by Vetr. The stock of Rite Aid Corporation (NYSE:RAD) has "Neutral" rating given on Friday, November 13 by JP Morgan. The stock of Rite Aid Corporation (NYSE:RAD) has "Hold" rating given on Friday, April 8 by Deutsche Bank. The stock of Imax Corp (USA) (NYSE:IMAX) has "Outperform" rating given on Friday, April 21 by Wedbush. Goldman Sachs downgraded the shares of RAD in report on Thursday, October 29 to "Neutral" rating. Highfields Mngmt Lp stated it has 15.00M shares or 1.03% of all its holdings. Electronic Arts Inc. (NASDAQ:EA) has risen 46.45% since May 31, 2016 and is uptrending.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.


Other reports by iNewsToday

FOLLOW OUR NEWSPAPER