Rite Aid Corporation (RAD) - Active Stock Review

Andrew Cummings
November 28, 2017

RBC Capital Markets maintained the stock with "Hold" rating in Wednesday, October 25 report. Sciencast Management LP now owns 19,855 shares of the company's stock worth $164,000 after buying an additional 7,156 shares in the last quarter. Verisk Analytics Inc. now has $15.53 billion valuation. About 145,461 shares traded. NXP Semiconductors NV (NASDAQ:NXPI) has risen 24.67% since November 27, 2016 and is uptrending. Rite Aid Corporation (NYSE:RAD) has declined 55.18% since November 27, 2016 and is downtrending.

A total of 8.61 Billion shares exchanged at hands and its average trading volume is standing at 26.59 Million shares. The Company's segments include Retail Pharmacy and Pharmacy Services. The Stock shows P/E value of 72 and Forward P/E of 11.14.

Commonwealth Of Pennsylvania Public School Empls Retrmt Sys increased Rite Aid Corp (RAD) stake by 100.37% reported in 2017Q2 SEC filing. Therefore 14% are positive. As per Wednesday, April 26, the company rating was downgraded by Guggenheim. The firm has "Neutral" rating by Goldman Sachs given on Thursday, October 29. Wunderlich maintained the stock with "Hold" rating in Thursday, August 13 report. NXP Semiconductors NV had 60 analyst reports since August 3, 2015 according to SRatingsIntel. Royal Bank Of Canada assumed coverage on Rite Aid in a research note on Tuesday, September 19th. Evercore reinitiated Rite Aid Corporation (NYSE:RAD) on Friday, June 30 with "Underperform" rating. The stock of Rite Aid Corporation (NYSE:RAD) earned "Neutral" rating by Mizuho on Thursday, July 20.

On a similar note, analysts expect EPS of -$0.02 in November 2017 quarter and -$0.02 in February 2018 quarter, representing -200% growth, respectively. (NYSE:RAD) traded down $0.05 during trading hours on Monday, reaching $1.64. Sciencast Management LP increased its position in shares of Rite Aid by 56.4% in the fourth quarter. The hedge funds in our partner's database now hold: 539.25 million shares, down from 567.71 million shares in 2017Q1. The company has a debt-to-equity ratio of 9.71, a quick ratio of 0.77 and a current ratio of 1.74. Aperio Group Incorporated accumulated 179,584 shares or 0% of the stock. OxFORD Asset Management LLP bought a new position in Rite Aid in the second quarter valued at about $14,659,000. D E Shaw And Incorporated has 162,994 shares for 0% of their portfolio. Mizuho set a $2.00 price objective on shares of Rite Aid and gave the company a "hold" rating in a research note on Saturday, October 7th.


Currently Rite Aid Corp (NYSE:RAD)'s shares owned by insiders are 1%, whereas shares owned by institutional owners are 52.1%. This works out to a net decrease in ownership of 12.01 million shares, and suggests that institutions are feeling bearish about the stock. Ycg Ltd Liability Co reported 2.45% in Verisk Analytics, Inc.

Shares of Rite Aid (NYSE RAD) opened at $1.64 on Monday. Morgan Stanley reported 3.22 million shares stake. Kistler reported 0.07% in Rite Aid Corporation (NYSE:RAD). Hightower Advisors Lc holds 480,315 shares. It also upped Wix Com Ltd (NASDAQ:WIX) stake by 11,800 shares and now owns 33,400 shares.

Investors sentiment increased to 1.1 in Q2 2017. Its up 0.12, from 0.88 in 2017Q1. It increased, as 49 investors sold ADBE shares while 326 reduced holdings. 46 funds opened positions while 154 raised stakes. Greenlight Cap Inc reported 16.78 million shares or 0.8% of all its holdings. Scotia Capital accumulated 1,467 shares.

TRADEMARK VIOLATION NOTICE: "Rite Aid Co". 1,847 are held by 1St Source Bancorp. Franklin Resources, a California-based fund reported 34.14M shares. (NASDAQ:VRSK). The North Carolina-based Sterling Mngmt Limited Liability Corporation has invested 0.76% in Verisk Analytics, Inc. Trust Com Of Vermont stated it has 2,628 shares or 0.04% of all its holdings. Oppenheimer Communications accumulated 10,680 shares. Great West Life Assurance Communication Can invested in 199,015 shares.


Trading volume, or volume, is the number of shares or contracts that point towards the overall activity of a security or market for a given period. Two Sigma Limited Liability holds 0.13% or 227,989 shares. According to the Analysts, the Low Earnings estimate for the current quarter is $-0.09, while the High earnings estimate is $0.Comparatively, EPS for the same quarter previous year was $0. NXPI's profit will be $557.08M for 17.80 P/E if the $1.61 EPS becomes a reality.

EPS Estimate for the next Quarter is -0.02.

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