Currently, the 1st Resistance Point for this stock is $9.35, with a 2nd Resistance Point sitting at $9.84. Meanwhile, this company’s stock has a 1st Support Level at $8.48 and a 2nd Support Level at $8.10. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Rite Aid Corporation (RAD) was $8.87. Rite Aid Corporation (RAD) stock has gained $0.67, or 8.17%, in the past five days. In the last full month, these shares have gained $1.36, or 18.11%. In the past three months, this stock’s price has risen by $0.50, or 5.97%. This year-to-date, Rite Aid Corporation (RAD) shares have lost -$5.33, or -37.54%.
Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Rite Aid Corporation (RAD) stock, 50% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, Hold % of long-term indicators suggest that this stock is a “.”
With 54,875 K shares outstanding, this company currently has a market capitalization of $505,399K. Rite Aid Corporation (RAD) generates $21,640 M in annual sales, amounting to annual net income of -$422,210 K. This stock has generated a 1-Year Total Return of -58.94%, a 3-Year Total Return of -93.70%, and a 5-year Total Return of -90.68%. This stock’s 5-Year Dividend Growth is 0.00%, with its most recent dividend valued at $0.115 per share on 10/14/99. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.
In the most recently-reported fiscal quarter, which ended in 08/19, Rite Aid Corporation (RAD) reported earnings of $0.12 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.08 per share, representing a 0.04 difference and 50.00% surprise. In the previous quarter ending in 05/19, the reported earnings of -$0.14 represented a -0.16 difference from the consensus estimate calling for $0.02 per share, which was a -800.00% surprise.
For the current fiscal quarter, which is set to end in 11/2019, the average earnings estimate is $0.03 per share. This estimate came from a total of 2 Wall Street Analysts. Of those market experts, the high estimate was $0.08 and the low estimate was -$0.03. In the year-ago quarter, Rite Aid Corporation (RAD) generated per-share earnings of $0.20. If the analysts are correct about the current quarter’s earnings, the growth will be -85.00%.
Turning our focus now to insider trading activity, there have been 2 purchases (346,600 shares in total) and 1 sale (1,939 shares in total) in the last 3 months. In the last 6 months, there have been 15 insider buys amounting to 700,600 shares and 11 insider sales amounting to 16,592 shares. In the past full year, 31 insider purchases were made (involving 8,523,652 shares) and 11 insider sell-offs equivalent to 16,592 shares.
Moving onto liquidity, Rite Aid Corporation (RAD) has a Current Ratio of 1.68, a Quick Ratio of 0.91 and a Cash Ratio of 0.06. Looking at this company’s capital structure, its Total Debt to Total Equity is 294.50, its Total Debt to Total Capital is 74.65, and its Total Debt to Total Assets is now 46.04. Looking even further ahead into the future, its Long-Term Debt to Equity is 0.37 and its Long-Term Debt to Total Capital is 293.14.