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Rite Aid Corporation (RAD)

(Delayed Data from NYSE)

$8.77 USD

8.77
1,437,900

-0.03 (-0.34%)

Updated May 3, 2019 04:02 PM ET

After-Market: $8.75 (%) 5:22 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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NA

Industry: NA

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Zacks News

Fred's Stock Jumps Over 13% in a Day, 2 Things You Must Note

Fred's (FRED) has rescheduled its earnings announcement date.This is solely connected to Fred's plans to divest its specialty pharmacy business.

    Factors Setting the Stage for Fred's (FRED) in Q4 Earnings

    Fred's (FRED) has been reeling under soft comparable store sales for quite some time now. Let's see if Fred???s strategic initiatives can provide any respite in Q4.

      Rite Aid (RAD) Reports Narrower-Than-Estimated Loss in Q4

      Rite Aid (RAD) reports better-than-expected bottom-line results for fourth-quarter fiscal 2018, while sales disappoint. Improvement in reimbursement rates aid results.

        Rite Aid-Albertsons Merger Crosses First Antitrust Hurdle

        Rite Aid (RAD) successfully crosses the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, taking its first step toward merger with Albertsons.

          Rite Aid (RAD) Completes Agreed Store Transfers to Walgreens

          Rite Aid (RAD) completes the agreed transfer of 1,932 stores to Walgreens. It expects to start transferring the three distribution centers by Sep 1.

            Will Rite Aid's (RAD) Soft Sales Hurt Earnings Again in Q4?

            Rite Aid (RAD) is grappling with dismal sales trends lately, which is also weighing upon its bottom lines. Lower comps and decline in revenues at key business segments are hurting the top line.

              Can Strategic Efforts Aid Fred's to Achieve a Turnaround?

              Fred's (FRED) focuses on pharmacy organization and expense reduction to achieve turnaround. However, receding comps continue to hurt.

                Rite Aid Nears Completion of Assets Transfer to Walgreens

                Rite Aid (RAD) has transferred 1,651 stores and related assets to Walgreens Boots Alliance, thus nearing the completion of the commitment.

                  Retail Transition Brings Opportunities for Industry Players

                  Consumers will gain from a slate of increasing options as retailers continue to reform their businesses with both online and in-store operations.

                    Retail 2018: Are Retailers' Problems Really Over?

                    While the overall outlook for the sector has been rosy following a spectacular holiday season, retailers may still have some challenges to face.

                      Stock Market News For Feb 22, 2018

                      Markets ended in negative territory on Wednesday following the release of minutes from Fed???s latest policy meeting.

                        Rite Aid (RAD) on Track with Asset Sale: Is it Aiding Stock?

                        Rite Aid Corporation (RAD) is on track with the process of transferring stores and related assets to Walgreens under its amended and restated asset purchase agreement.

                          Ryan McQueeney headshot

                          The Secret Winners from Amazon's Second Headquarters Shortlist

                          Amazon announced its shortlist of 20 cities for its second headquarters. We have seen city officials do most of the campaigning so far, but here are some businesses that might benefit from having Amazon has a neighbor.

                            Fred's (FRED) Sluggish Store Sales Keep Investors at Bay

                            Fred's (FRED) continues to witness dismal comps and store closures. Also, cancelled dividend and merger deal make this retailer a less-favored pick.

                              Rite Aid (RAD) Soars Too High Too Fast: Is This Justified?

                              Rite Aid Corporation (RAD) stock seems to have gained solid momentum following the recent sale of stores to Walgreens. However, the company has been facing issues with dismal sales, heavy debt burden and strained margins.

                                Company News For January 5, 2018

                                Companies In The News are:

                                  Rite Aid (RAD) Q3 Earnings Beat, Stores Transfer on Track

                                  Rite Aid Corporation (RAD) reported third-quarter fiscal 2018 results, which marked a considerable improvement from the company's recent trend. Further, it continues to transfer stores to Walgreens.

                                    Will Rite Aid's (RAD) Strategies Aid Earnings Growth in Q3?

                                    Rite Aid Corporation (RAD) is slated to report third-quarter fiscal 2018 results on Jan 3. After the aforementioned sale of stores to Walgreens, Rite Aid is poised to improve financial leverage and balance sheet.

                                      Fred's Tanks 79% in a Year: Any Chances of Revival Ahead?

                                      Fred's (FRED) has been struggling with its dismal comps performance stemming from receding traffic and store closures. Also, management cancelled its quarterly dividend recently.

                                        Declining Comps Likely to Hurt Fred's (FRED) in Q3 Earnings

                                        Fred's (FRED) third-quarter fiscal 2017 performance is expected to be hurt by dismal comps trend.

                                          Rite Aid (RAD) Soars: Stock Adds 14.3% in Session

                                          Rite Aid (RAD) was a big mover last session, as the company saw its shares rise more than 14% on the day amid huge volumes.

                                            Stock Market News For Oct 20, 2017

                                            Robust third-quarter earnings results provided a fillip to the equity market, but, the Nasdaq bucked the broader trend to finish lower as Apple slumps

                                              Rite Aid (RAD) Sharpens Edge: Adds Apple Pay Option Online

                                              Accepting Apple Pay on its site is likely to be beneficial to Rite Aid Corporation (RAD), which seems to be the first pharmacy retailer to use this payment option online.

                                                Rite Aid Stock Down 80% This Year: Is Amazon the Only Threat?

                                                Amazon's expansion strategy is not the only reason behind Rite Aid's (RAD) debacle. Let's take a look at the other reasons for which this stock has lost ground.

                                                  Rite Aid (RAD) Slumps 14% Since Q2 Loss: What Lies Ahead?

                                                  Rite Aid Corporation (RAD), which had quite an eventful journey of late, reported dismal second-quarter fiscal 2018 results last week. However, latest deal with Walgreens should benefit.