Rite Aid Corporation (NYSE:RAD) Quarterly EPS Analysis

Consequently Rite Aid Corp (NYSE:RAD)'s weekly and monthly volatility is 7.73%, 5.97% respectively.

The company surged 9.79% and closed its last trading session at $1.43. Norinchukin Natl Bank The reported 4,362 shares. BMO Capital Markets maintained the stock with "Outperform" rating in Tuesday, October 17 report. The company reported ($0.01) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.01). Symons Capital Management Inc who had been investing in Rite Aid Corp. for a number of months, seems to be bullish on the $1.69B market cap company. In the most recent financial results released by Intel Corporation, for the quarter ending on 2017-09-30, the company posted EPS of 1.01. About 38,352 shares traded. It has underperformed by 71.88% the S&P500.

Investors sentiment decreased to 0.78 in 2017 Q2. Its down 0.46, from 1.24 in 2017Q1. It is negative, as 85 investors sold RAD shares while 96 reduced holdings. 50 funds opened positions while 91 raised stakes.

About 1.25 million shares traded. Next Fincl Grp accumulated 0% or 37,800 shares. The Company operates under The Rite Aid name. Cim Mangement Inc invested 0.11% of its portfolio in Rite Aid Corporation (NYSE:RAD).

Rite Aid Corp is trading down by 0.96% at $1.55 losing $0.02. Blackrock Inc has 42.39 million shares. Canyon Capital Advisors Lc reported 481,175 shares. Hudock Capital holds 0% or 2,100 shares. JP Morgan downgraded the stock to "Neutral" rating in Friday, November 13 report. Loop Capital began coverage on Rite Aid Corporation in a research note on Monday, September 11th. Oregon Employees Retirement Fund, Oregon-based fund reported 84,965 shares. Diversified Investment Strategies Llc owns 443,377 shares or 1.26% of their United States portfolio. Omers Administration has 1.22% invested in AutoZone, Inc. 32,870 are owned by Manufacturers Life Ins Co The.

Old Second National Bank Of Aurora, which manages about $232.57 million US Long portfolio, decreased its stake in Mastercard Inc. (NYSE:PCG) by 22,700 shares to 349,800 shares, valued at $23.22 million in 2017Q2, according to the filing. It also reduced its holding in Powershares Dynamic Media (PBS) by 52,785 shares in the quarter, leaving it with 835 shares, and cut its stake in Schlumberger Ltd (NYSE:SLB).

Several analysts have released their opinion on Rite Aid Corporation (NYSE:RAD), with 1 analysts believing it is a strong buy. Therefore 14% are positive. Anglogold Ashanti Limited had 11 analyst reports since August 18, 2015 according to SRatingsIntel. Gabelli initiated the shares of AZO in report on Friday, April 15 with "Buy" rating. Rite Aid Corp (NYSE:RAD)'s price sits -21.08% off from its 50-day moving average of $1.82 and -52.53% away from the stock's 200-day moving average which is $2.64. The firm has "Hold" rating by KeyBanc Capital Markets given on Thursday, October 5.

Price to Sale ratio of the company stands at 0.05 while Price to Book Ratio stands at 2.27. Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock's price movement. Guggenheim reiterated a "neutral" rating and set a $2.00 price objective on shares of Rite Aid Corporation in a research note on Monday, October 2nd. The rating was maintained by Mizuho with "Neutral" on Friday, October 6. EPS ratio determined by looking at last 12 month figures is -0.2. TRP's profit will be $569.08M for 19.03 P/E if the $0.65 EPS becomes a reality. For the current quarter Rite Aid Corp (NYSE:RAD) has high EPS estimates of $-0.01 in contradiction of low EPS estimates of $-0.02. Reuters.com's news article titled: "US Justice pledges to prosecute activists who damage pipelines" with publication date: November 10, 2017 was also an interesting one.

When we look at the Analyst Recommendations of the stock, the company has 2.83 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. Therefore 25% are positive.

A number of research analysts have issued reports on RAD shares. The rating was maintained by Mizuho on Thursday, September 17 with "Buy". As per Thursday, June 15, the company rating was maintained by RBC Capital Markets. The company was maintained on Tuesday, August 8 by RBC Capital Markets. The firm has "Hold" rating by Evercore given on Wednesday, January 6. The stock has "Buy" rating by Desjardins Securities on Thursday, March 16.

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