Rite Aid Financials
Based on the measurements of operating efficiency obtained from Rite Aid's historical financial statements, Rite Aid is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.
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Please note, the presentation of Rite Aid's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Rite Aid's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Rite Aid's management manipulating its earnings.
Rite Aid Stock Summary
Rite Aid competes with PetMed Express, High Tide, Walgreens Boots, and SunLink Health. Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. Rite Aid Corporation was founded in 1962 and is headquartered in Philadelphia, Pennsylvania. Rite Aid operates under Diversified Wholesale And Retail classification in the United States and is traded on New York Stock Exchange. It employs 53000 people.| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | US7677548726 |
| Business Address | 1200 Intrepid Avenue, |
| Sector | Consumer Staples Distribution & Retail |
| Industry | Consumer Staples |
| Benchmark | Dow Jones Industrial |
| Website | www.riteaid.com |
| Phone | 717 761 2633 |
| Currency | USD - US Dollar |
Rite Aid Key Financial Ratios
| Return On Equity | -26.29 | |||
| Return On Asset | 8.0E-4 | |||
| Target Price | 1.0 | |||
| Beta | 1.29 | |||
| Z Score | 2.14 |
Rite Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rite Aid's current stock value. Our valuation model uses many indicators to compare Rite Aid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rite Aid competition to find correlations between indicators driving Rite Aid's intrinsic value. More Info.Rite Aid is rated below average in return on equity category among its peers. It is rated fifth in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Rite Aid by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Other Consideration for investing in Rite Stock
If you are still planning to invest in Rite Aid check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Rite Aid's history and understand the potential risks before investing.
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