Rite Aid Corporation

Company Profile

Rite Aid Corporation had its IPO on 1984-12-17 under the ticker symbol RAD.

The company operates in the Healthcare sector and Pharmaceutical Retailers industry. Rite Aid Corporation has a staff strength of 47,000 employees.

Stock update

Shares of Rite Aid Corporation opened at $0.6 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.6 - $0.64, and closed at $0.61.

This is a -0.15% slip from the previous day's closing price.

A total volume of 1,946,769 shares were traded at the close of the day’s session.

In the last one week, shares of Rite Aid Corporation have slipped by -19.86%.

Rite Aid Corporation's Key Ratios

Rite Aid Corporation has a market cap of $34.53 million, indicating a price to book ratio of 3.7702 and a price to sales ratio of 0.0099.

In the last 12-months Rite Aid Corporation’s revenue was $23.73 billion with a gross profit of $4.80 billion and an EBITDA of $282.87 million. The EBITDA ratio measures Rite Aid Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Rite Aid Corporation’s operating margin was 0.04% while its return on assets stood at 0.08% with a return of equity of -2628.85%.

In Q1.6666666666667, Rite Aid Corporation’s quarterly earnings growth was a negative -91.7% while revenue growth was a negative 6%.

Rite Aid Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0.87

Its diluted EPS in the last 12-months stands at $-16.47 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0.87. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Rite Aid Corporation’s profitability.

Rite Aid Corporation stock is trading at a EV to sales ratio of 0.2691 and a EV to EBITDA ratio of -17.1507. Its price to sales ratio in the trailing 12-months stood at 0.0099.

Rite Aid Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$7.65 billion

Total Liabilities

$2.77 billion

Operating Cash Flow

$-39346000.00

Capital Expenditure

$47.50 million

Dividend Payout Ratio

0%

Rite Aid Corporation ended 2024 with $7.65 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $7.65 billion while shareholder equity stood at $-947448000.00.

Rite Aid Corporation ended 2024 with $0 in deferred long-term liabilities, $2.77 billion in other current liabilities, 56708000.00 in common stock, $-6908235000.00 in retained earnings and $356.44 million in goodwill. Its cash balance stood at $135.53 million and cash and short-term investments were $135.53 million. The company’s total short-term debt was $494,772,000 while long-term debt stood at $3.33 billion.

Rite Aid Corporation’s total current assets stands at $3.65 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.39 billion compared to accounts payable of $1.51 billion and inventory worth $1.95 billion.

In 2024, Rite Aid Corporation's operating cash flow was $-39346000.00 while its capital expenditure stood at $47.50 million.

Comparatively, Rite Aid Corporation paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.61

52-Week High

$8.51

52-Week Low

$0.6

Analyst Target Price

$1

Rite Aid Corporation stock is currently trading at $0.61 per share. It touched a 52-week high of $8.51 and a 52-week low of $8.51. Analysts tracking the stock have a 12-month average target price of $1.

Its 50-day moving average was $1.54 and 200-day moving average was $2.6 The short ratio stood at 1.1 indicating a short percent outstanding of 0%.

Around 266.1% of the company’s stock are held by insiders while 4933.5% are held by institutions.