Economy

Rite Aid Corporation (RAD) - Stock Bulletin

Rite Aid Corporation (RAD) - Stock Bulletin”

Rite Aid Corporation has been given an analysts' mean target of 2.45. Advsr Asset Management invested in 694,562 shares or 0.19% of the stock.

MPLX LP (NYSE:MPLX) in the last month has increased +1.94%.

Analysts await Rite Aid Corporation (NYSE:RAD) to report earnings on September, 28 before the open. Royal Bank Of Canada began coverage on Rite Aid Corporation in a research report on Tuesday, September 19th. Janney Montgomery Scott Ltd Limited Liability Company has invested 0.04% in Ares Capital Corporation (NASDAQ:ARCC). They issued a "hold" rating and a $2.50 price objective for the company. 0 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. 0 analysts gave its stock an Outperform rating. Guggenheim restated a "neutral" rating on shares of Rite Aid Corporation in a research report on Monday, July 3rd. The short ratio in the company's stock is documented at 3.47 and the short float is around of 11.92%. The brokerage set a "hold" rating and a $2.50 price target on the stock. Fernwood Invest Mgmt Limited Liability Company holds 0.03% of its portfolio in Rite Aid Corporation (NYSE:RAD) for 13,000 shares. The NYSE listed company saw a recent bid of 2.32 and 16400805 shares have traded hands in the session. Rite Aid Corporation has a 52-week low of $2.21 and a 52-week high of $8.77. In terms of moving averages, the 200-day is now at 4.40, the 50-day is 2.39, and the 7-day is resting at 2.44. Gabelli Securities Inc who had been investing in Rite Aid Corp Com for a number of months, seems to be less bullish one the $2.44 billion market cap company.

Taking a deeper look into the technical levels of Rite Aid Corp (RAD), we can see that the Williams Percent Range or 14 day Williams %R now sits at -88.89. The company reported ($0.05) EPS for the quarter, missing the Zacks' consensus estimate of ($0.01) by ($0.04). The firm had revenue of $7.78 billion during the quarter, compared to analyst estimates of $8.29 billion. For the most recent quarter, quick ratio was 0.7, current ratio was 1.7, LT Debt/Equity ratio was 12.88 and Total Debt/Equity ratio stands at 12.92, while Payout ratio is 0. Shares are now up +3.51% over the past year, underperforming the broad market by -76.36% and underperformed a peer group of similar companies by -98%.

Among 2 analysts covering Allied Motion (NASDAQ:AMOT), 1 have Buy rating, 0 Sell and 1 Hold.

Kellner Capital Llc increased Monsanto Co New (NYSE:MON) stake by 16,850 shares to 34,650 valued at $4.10 million in 2017Q2. Moreover, Sg Americas Ltd Liability Co has 0% invested in Rite Aid Corporation (NYSE:RAD) for 101,512 shares. In the most recent quarter, institutional ownership decreased by a net of 1.62 million shares, or 0.89%. Capstone Asset Management Co. lifted its holdings in shares of Rite Aid Corporation by 7.9% in the first quarter. The company has 1.07 Billion shares outstanding and 1.04 Billion shares were floated in market. Bank of America initiated Rite Aid Corporation (NYSE:RAD) rating on Thursday, August 13. The Kellner Capital Llc holds 91,900 shares with $271,000 value, down from 321,400 last quarter. Fort Pitt Capital Group LLC bought a new position in shares of Rite Aid Corporation in the first quarter valued at approximately $152,000.

Loop Capital started coverage on shares of Rite Aid Corporation (NYSE:RAD) in a research report issued to clients and investors on Monday, September 11th, Marketbeat.com reports. If you are reading this article on another website, it was illegally copied and republished in violation of global copyright and trademark laws. The correct version of this piece of content can be read at https://weekherald.com/2017/09/26/traders-purchase-large-volume-of-call-options-on-rite-aid-corporation-rad.html.

Rite Aid Corporation is a retail drugstore chain in the United States serving customers in numerous states across the country and in the District of Columbia. The Company's segments include Retail Pharmacy and Pharmacy Services. The Company operates under The Rite Aid name. It operates stores in the majority of the major US metropolitan markets. The Company's Retail Pharmacy segment consists of Rite Aid stores, RediClinic and Health Dialog.



Like this

loading...
loading...

Latest


27 September 2017
No protests in NASCAR after warnings from executives
Earnhardt became further enmeshed in the debate when he responded to another tweet cautioning him on making visible comments. No drivers, crew or other team members protested during the national anthem prior to a race at New Hampshire Motorspeedway.

27 September 2017
Obsessed Taylor Swift Fan Declared Mentally Unfit For Stalking Trial
Jaffar briefly appeared in Manhattan Supreme Court, where Justice Laura Ward ordered him sent to the facility. Earlier this year, he was found hiding on the roof of Swift's building and rang her doorbell for an hour.

27 September 2017
Pulling The Plug On Free Speech Week
The upheavel surrounding the university and its alleged take on free speech drew mixed reactions from students. The group is slated to asseble at 2 p.m.at Sproul Plaza before marching to an undisclosed location.

27 September 2017
Syngenta Seeks to Settle GMO Corn Cases
The proposed settlement doesn't constitute an admission by either side over the merits of the cases, the company's statement said. The Minnesota case is In re Syngenta Litigation, 27-cv-15-3785, District Court, Hennepin County, Minnesota (Minneapolis).

27 September 2017
Eagles To Give Bigger Role To Wendell Smallwood Without Sproles
He signed with the Los Angeles Chargers, the Eagles' opponent this week, but was released at the end of the preseason. The move comes one day after the Eagles placed running back Darren Sproles on season-ending injured reserve.

27 September 2017
Analyst Ideas For Two Stocks: CarMax Inc. (KMX), JetBlue Airways Corporation (JBLU)
The transportation company reported $0.64 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.56 by $0.08. Quantbot Technologies LP bought a new position in JetBlue Airways Corporation in the 1st quarter worth approximately $138,000.

27 September 2017
Nike Sides With NFL Players In Protest Dispute
He brings another playmaker to the team who can get guys involved, and make plays, and also just has a great basketball mind. Regardless of social media even more players and owners took part in anthem protests. "It's disappointing times.

27 September 2017
Traders Alert on Yamana Gold Inc. (AUY)
The VC1 is calculated using the price to book value , price to sales, EBITDA to EV, price to cash flow, and price to earnings. A stock with a price that fluctuates wildly, hits new highs and lows or moves erratically is considered highly volatile.

27 September 2017
Automatic Data Processing (ADP) Rating Increased to Buy at BidaskClub
The average investment rating for ADP on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 3.22 or a Hold. Following the completion of the sale, the vice president now owns 25,737 shares of the company's stock, valued at $2,624,659.26.

27 September 2017
Continental Resources, Inc. (CLR) Shares Sold by Rhumbline Advisers
This is based on a numerical chart where each stock recommendation (Buy, Sell, Hold) is translated into a numerical equivalent. Citigroup owns 211,787 shares. (NYSE:CLR). 115,200 were accumulated by Lord Abbett And Limited Liability Corporation.