|Bid||1.77 x 1600|
|Ask||1.92 x 300|
|Day's Range||1.83 - 1.88|
|52 Week Range||1.63 - 8.77|
|PE Ratio (TTM)||-28.91|
|Earnings Date||Sep 20, 2017 - Sep 25, 2017|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||2.30|
Amazon is the off-stage character dominating the on-stage discussion. Its ambition to enter the pharmacy business is well-known. But will it? Rite Aid, with 2,336 stores following the sale of its other operations to Walgreens Boots Alliance Inc. (NYSE:WBA), which would have acquired the whole company but for the Federal Trade Commission’s objections, would seem to be a natural vehicle for such an entrance.
As the annual Medicare Part D enrollment period gets underway, from now through Dec. 7, 2017, Rite Aid pharmacies nationwide are providing senior customers with free resources to help select the right prescription drug plan or update their existing coverage for 2018.
The Rite Aid Foundation announced today a $50,000 donation to the American Red Cross to help the victims, families and communities in northern California affected by the wildfires.
Rite Aid Corporation today announced that Derek Griffith, Rite Aid’s current senior vice president of operations in the Northeast and Midwest, has been named executive vice president of store operations.
Short interest is moderate for RAD with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on September 19.
With all the activity surrounding Rite Aid Corporation (NYSE:RAD), the elephant in the room is whether or not investors should buy RAD stock or not. RAD stock news has been driven lately by the sale of a bunch of its stores. The FTC approved the sale of a whopping 1,932 stores and three distribution centers to competitor Walgreens Boots Alliance (NYSE:WBA) for $4.375 billion in cold cash.
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.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on September 19. Index (PMI) data, output in the Consumer Services sector is rising.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Rite Aid Corp. Here are 5 ETFs with the largest exposure to RAD-US. Comparing the performance and risk of Rite Aid Corp. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)
NEW YORK, Oct. 10, 2017-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Abbott ...
Yet another sector falls victim to the almighty Amazon.com, Inc. (NASDAQ:AMZN). Recently we’ve seen rekindled headlines of it entering the prescription drug sales arena. This caused tremendous selling in stocks like CVS Health Corp (NYSE:CVS) and Walgreens Boots Alliance Inc (NASDAQ:WBA).Source: Mike Mozart via Flickr
LONDON, UK / ACCESSWIRE / October 10, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Rite Aid Corp. (NYSE: RAD ), which can be viewed by registering at http://protraderdaily.com/optin/?symbol=RAD ...
Three months after its Whole Foods acquisition, Amazon is making waves again with rumors that it is eying the prescription drug distribution business.
Categories: Yahoo FinanceGet free summary analysis Rite Aid Corp. reports financial results for the quarter ended August 31, 2017. Highlights Summary numbers: Revenues of USD 7,678.90 million, Net Earnings of USD 170.72 million. Gross margins narrowed from 23.87% to 23.27% compared to the same period last year, operating (EBITDA) margins now 2.41% from 3.49%. Change in operating ... Read more (Read more...)
One wants to rebuild. One wants to rebound. And the other wants to recoup a big investment. Which is the best stock for long-term investors?
Rating Action: Moody's Confirms the CTL rating of Rite Aid, Series 1999-1. Global Credit Research- 06 Oct 2017. Approximately $82.9 Million of Securities Affected.
(Reuters) - Shares of drug retailers Walgreens Boots Alliance Inc (WBA.O), CVS Health Corp (CVS.N) and Rite Aid Corp (RAD.N) tumbled on Friday after reports that Amazon.com Inc (AMZN.O) was looking to ...
There is no question that Rite Aid Corporation (NYSE:RAD) stock has been a loser. Continued restructuring of its deal with Walgreens Boots Alliance Inc (NASDAQ:WBA) has left RAD stock beaten and bruised.Source: Shutterstock
Changes that shrink its plan to sell stores to Walgreens, plus disappointing quarterly financials, weighed down the pharmacy retailer's stock last month.