Market Cap
US$974.2m
Last Updated
2021/04/19 22:49 UTC
Data Sources
Company Financials +
Executive Summary
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Fair value with moderate growth potential.
Similar Companies
Share Price & News
How has Rite Aid's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RAD is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: RAD's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
-9.7%
RAD
0.7%
US Consumer Retailing
1.3%
US Market
1 Year Return
31.7%
RAD
14.9%
US Consumer Retailing
53.8%
US Market
Return vs Industry: RAD exceeded the US Consumer Retailing industry which returned 14.9% over the past year.
Return vs Market: RAD underperformed the US Market which returned 53.8% over the past year.
Shareholder returns
| RAD | Industry | Market | |
|---|---|---|---|
| 7 Day | -9.7% | 0.7% | 1.3% |
| 30 Day | -27.6% | 6.9% | 5.1% |
| 90 Day | -2.9% | 1.2% | 8.9% |
| 1 Year | 31.7%31.7% | 17.4%14.9% | 56.6%53.8% |
| 3 Year | -40.8%-40.8% | 63.8%54.1% | 64.4%53.6% |
| 5 Year | -88.6%-88.6% | 94.3%73.9% | 120.4%95.7% |
Long-Term Price Volatility Vs. Market
How volatile is Rite Aid's share price compared to the market and industry in the last 5 years?
Simply Wall St News
12 hours ago | Simply Wall St
Rite Aid Corporation's (NYSE:RAD) About To Shift From Loss To Profit1 month ago | Simply Wall St
Here's Why Rite Aid (NYSE:RAD) Is Weighed Down By Its Debt Load2 months ago | Simply Wall St
Would Shareholders Who Purchased Rite Aid's (NYSE:RAD) Stock Five Years Be Happy With The Share price Today?Valuation
Is Rite Aid undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RAD ($17.64) is trading below our estimate of fair value ($134.08)
Significantly Below Fair Value: RAD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RAD is unprofitable, so we can't compare its PE Ratio to the US Consumer Retailing industry average.
PE vs Market: RAD is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RAD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RAD is good value based on its PB Ratio (1.5x) compared to the US Consumer Retailing industry average (2.9x).
Future Growth
How is Rite Aid forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
50.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RAD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: RAD is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RAD's is expected to become profitable in the next 3 years.
Revenue vs Market: RAD's revenue (1.9% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: RAD's revenue (1.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RAD is forecast to be unprofitable in 3 years.
Past Performance
How has Rite Aid performed over the past 5 years?
-38.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RAD is currently unprofitable.
Growing Profit Margin: RAD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RAD is unprofitable, and losses have increased over the past 5 years at a rate of 38.4% per year.
Accelerating Growth: Unable to compare RAD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RAD is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (72.3%).
Return on Equity
High ROE: RAD has a negative Return on Equity (-16.27%), as it is currently unprofitable.
Financial Health
How is Rite Aid's financial position?
Financial Position Analysis
Short Term Liabilities: RAD's short term assets ($3.6B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: RAD's short term assets ($3.6B) do not cover its long term liabilities ($6.1B).
Debt to Equity History and Analysis
Debt Level: RAD's debt to equity ratio (497.9%) is considered high.
Reducing Debt: RAD's debt to equity ratio has reduced from 1188.7% to 497.9% over the past 5 years.
Debt Coverage: RAD's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: RAD is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Dividend
What is Rite Aid current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RAD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RAD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RAD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RAD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RAD's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.1yrs
Average management tenure
CEO
Heyward Donigan (59 yo)
1.67yrs
Tenure
US$8,619,340
Compensation
Ms. Heyward Rutledge Donigan, B.A., has been Chief Executive Officer and a Member of the Board of Rite Aid Corporation since August 23, 2019 and serves as its President at Rite Aid Corporation since Februa...
CEO Compensation Analysis
Compensation vs Market: Heyward's total compensation ($USD8.62M) is above average for companies of similar size in the US market ($USD2.31M).
Compensation vs Earnings: Insufficient data to compare Heyward's compensation with company performance.
Leadership Team
Experienced Management: RAD's management team is considered experienced (2.1 years average tenure).
Board Members
Experienced Board: RAD's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.7%.
Top Shareholders
Company Information
Rite Aid Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Rite Aid Corporation
- Ticker: RAD
- Exchange: NYSE
- Founded: 1927
- Industry: Drug Retail
- Sector: Consumer Retailing
- Market Cap: US$974.158m
- Shares outstanding: 55.22m
- Website: https://www.riteaid.com
Number of Employees
Location
- Rite Aid Corporation
- 30 Hunter Lane
- Camp Hill
- Pennsylvania
- 17011
- United States
Listings
Biography
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Phar...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/19 22:49 |
| End of Day Share Price | 2021/04/19 00:00 |
| Earnings | 2021/02/27 |
| Annual Earnings | 2021/02/27 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.