Rite Aid Analysis

Rite Aid is undervalued with Real Value of 0.0 and Hype Value of 0.0. The main objective of Rite Aid delisted stock analysis is to determine its intrinsic value, which is an estimate of what Rite Aid is worth, separate from its market price. There are two main types of Rite Aid's stock analysis: fundamental analysis and technical analysis.
The Rite Aid stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Rite Aid's ongoing operational relationships across important fundamental and technical indicators.
  
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.

Rite Stock Analysis Notes

About 49.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 0.87. Rite Aid recorded a loss per share of 14.34. The entity last dividend was issued on the 14th of October 1999. The firm had 1:20 split on the 22nd of April 2019. 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. To find out more about Rite Aid contact Heyward Donigan at 717 761 2633 or learn more at https://www.riteaid.com.

Rite Aid Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more delisted stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Rite Aid's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Rite Aid or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Rite Aid is not yet fully synchronised with the market data
Rite Aid has some characteristics of a very speculative penny stock
Rite Aid has a very high chance of going through financial distress in the upcoming years
The company reported the last year's revenue of 24.09 B. Reported Net Loss for the year was (749.94 M) with profit before taxes, overhead, and interest of 4.8 B.
Rite Aid has about 157.15 M in cash with (52.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.83.

Rite Aid Upcoming and Recent Events

12th of October 2023
Upcoming Quarterly Report
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20th of December 2023
Next Financial Report
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31st of August 2023
Next Fiscal Quarter End
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18th of April 2024
Next Fiscal Year End
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31st of May 2023
Last Quarter Report
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28th of February 2023
Last Financial Announcement
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Rite Market Capitalization

The company currently falls under 'Micro-Cap' category with a total capitalization of 36.76 M.

Rite Profitablity

The company has Net Profit Margin of (0.04) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average.

Rite Aid Outstanding Bonds

Rite Aid issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Rite Aid uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Rite bonds can be classified according to their maturity, which is the date when Rite Aid has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Rite Aid to your portfolios without increasing risk or reducing expected return.

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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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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