Taking a broader look brokerage firms' analysts on the street with an expectant view have Rite Aid Corp (NYSE:RAD) high price target of $2.95 and with a conservative view have low price target of $2. Shares are clocking price at $2.08 with change of -0.48%. Traded activity experienced a fall of -6.08 million shares and in total 19.84 M shares exchanged hands for about $41.47 million. Share performance for the month is now at -11.33%. Shares are now up over the past year, outperforming the broad market by -100% and outperformed a peer group of similar companies by 6491%. The number of shares now owned by investors are 131.42 mln.
About 392 shares traded. It is down 68.37% since October 3, 2016 and is uptrending.
Investors sentiment decreased to 1.17 in Q2 2017.
The company now has an insider ownership of 0.9 Percent and Institutional ownership of 54.7 Percent. It improved, as 62 investors sold BBT shares while 256 reduced holdings. This number is derived from the total net income divided by shares outstanding. (NYSE:SVU) to report earnings on October, 18. The company has Relative Strength Index (RSI 14) of 37.22 along with Average True Range (ATR 14) of 0.12. Salem Inv Counselors Inc reported 345,571 shares stake. The New York-based Gamco Investors Et Al has invested 0.01% in BB&T Corporation (NYSE:BBT). Letko Brosseau Assoc Incorporated owns 1.10M shares. Gardner Russo & Gardner Llc acquired 53,401 shares as Brown (BF.B)'s stock 0.00%. The Delaware-based Cypress Mgmt Ltd Llc has invested 1.97% in BB&T Corporation (NYSE:BBT). Salzhauer Michael stated it has 755,434 shares. The consensus mean EPS for the current quarter is at $-0.01 derived from a total of 4 estimates from the analysts who have weighed in on projected earnings. Therefore 31% are positive. Civeo Corporation had 10 analyst reports since September 2, 2015 according to SRatingsIntel. The firm has "Hold" rating by RBC Capital Markets given on Tuesday, August 29. The company has a consensus rating of "Hold" and an average target price of $3.82. The rating was downgraded by Hilliard Lyons on Friday, July 21 to "Hold". The Company has a Return on Assets of 1.00%. It has underperformed by 71.88% the S&P500.The move comes after 5 months negative chart setup for the $2.14 billion company. As per Thursday, August 13, the company rating was initiated by Bank of America.
Rite Aid Corporation was covered by a number of analysts recently, 0 rated the stock as Buy, 6 rated Hold, 0 rated sell and 0 gave an Underperform. Therefore 14% are positive.
06/30/2017 - Rite Aid Corporation had its "underperform" rating reiterated by analysts at Evercore ISI.
07/19/2017 - Rite Aid Corporation was downgraded to "neutral" by analysts at Mizuho. Loop Capital maintained Rite Aid Corporation (NYSE:RAD) rating on Friday, September 29.
4 analysts on average are expecting Rite Aid Corporation to report earnings of $-0.04 per share for the current quarter. Guggenheim downgraded the shares of RAD in report on Wednesday, April 26 to "Neutral" rating. (NYSE:SVU) rating on Friday, September 9. Aqr Cap Limited Liability Company has invested 0% in Rite Aid Corporation (NYSE:RAD). The VC1 of Rite Aid Corporation (NYSE:RAD) is 17. (NYSE:ETR) by 12,275 shares in the quarter, leaving it with 248,491 shares, and cut its stake in Care Capital Properties Inc. Rite Aid Corporation (NYSE:RAD), at its latest closing price of $2.10, it has a price-to-book ratio of 0.00, compared to an industry average at 0.57.
Let's take a look at how the stock has been performing recently. Its down 0.46, from 1.24 in 2017Q1. Morgan Stanley invested in 0% or 3,932 shares. 50 funds opened positions while 91 raised stakes. Its down 0.68, from 1.85 in 2017Q1. Gp One Trading Ltd Partnership holds 0% or 395 shares. On average, analysts forecast that Rite Aid Corporation will post ($0.08) earnings per share for the current fiscal year. Vanguard Group Inc. boosted its position in shares of Rite Aid Corporation by 0.4% during the second quarter. UBS Asset Management Americas Inc. lifted its stake in shares of Rite Aid Corporation by 11.2% in the first quarter. Gemmer Asset Mgmt Ltd invested in 0.04% or 30,000 shares. The company has a Return on Assets (ROA) of 0.80%. The correct version of this piece of content can be accessed at https://weekherald.com/2017/10/05/glg-partners-lp-has-390000-stake-in-rite-aid-corporation-rad.html. Panagora Asset Mgmt Inc holds 0.05% of its portfolio in Medidata Solutions Inc (NASDAQ:MDSO) for 143,506 shares. Utah Retirement System reported 192,500 shares.