Rite Aid Corporation (NYSE: RAD) started the day on April 05, 2021, with a price increase of 5.92% at $22.18. During the day, the stock rose to $22.57 and sunk to $21.0833 before settling in for the price of $20.94 at the close. Taking a more long-term approach, RAD posted a 52-week range of $8.85-$32.48.
In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was -3.70%. Meanwhile, its Annual Earning per share during the time was -17.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 30.10%. This publicly-traded company’s shares outstanding now amounts to $53.74 million, simultaneously with a float of $53.53 million. The organization now has a market capitalization sitting at $1.20 billion. At the time of writing, stock’s 50-day Moving Average stood at $22.73, while the 200-day Moving Average is $16.16.
If we measure the efficiency of the company that is accounted for 50000 employees. It has generated 438,568 per worker during the last fiscal year. Meanwhile, its income per employee was -9,384. The stock had 14.26 Receivables turnover and 2.42 Total Asset turnover. For the Profitability, stocks gross margin was +20.38, operating margin was +1.12 and Pretax Margin of -0.37.
Rite Aid Corporation (RAD) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Pharmaceutical Retailers Industry. Rite Aid Corporation’s current insider ownership accounts for 1.10%, in contrast to 59.00% institutional ownership.
Rite Aid Corporation (RAD) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 11/29/2020, the organization reported $0.4 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at -$0.05) by $0.45. This company achieved a net margin of -2.14 while generating a return on equity of -50.42. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
Rite Aid Corporation’s EPS increase for this current 12-month fiscal period is 30.10% and is forecasted to reach 0.79 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -3.69% through the next 5 years, which can be compared against the -17.20% growth it accomplished over the previous five years trading on the market.
Rite Aid Corporation (NYSE: RAD) Trading Performance Indicators
Let’s observe the current performance indicators for Rite Aid Corporation (RAD). It’s Quick Ratio in the last reported quarter now stands at 0.70. The Stock has managed to achieve an average true range (ATR) of 1.78. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.05.
In the same vein, RAD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -7.95, a figure that is expected to reach -0.55 in the next quarter, and analysts are predicting that it will be 0.79 at the market close of one year from today.
Technical Analysis of Rite Aid Corporation (RAD)
If we take a close look at the recent performances of Rite Aid Corporation (NYSE: RAD), its last 5-days Average volume was 2.16 million that shows plunge from its year to date volume of 2.78 million. During the previous 9 days, stock’s Stochastic %D was recorded 48.52% While, its Average True Range was 1.80.
Raw Stochastic average of Rite Aid Corporation (RAD) in the period of the previous 100 days is set at 53.73%, which indicates a major rise in contrast to 40.48% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 116.77% that was higher than 94.94% volatility it exhibited in the past 100-days period.