Rite Aid (RAD) stock forecast for 2024. Forecast tables and graphs.

Rite Aid (RAD) stock forecast for 2024

Last update: 05-13-2022, 5:40

Sector: Healthcare

The share price of Rite Aid Corp. (RAD) now

What analysts predict:: $3

52-week high/low: $23.02 / $5.02

50/200 Day Moving Average: $8.1 / $12.26

This figure corresponds to the average price over the previous 50/200 days. For Rite Aid stocks, the 50-day moving average is the resistance level today.

For Rite Aid stocks, the 200-day moving average is the resistance level today.

Are you interested in Rite Aid stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Rite Aid stock price in 2024. How much will one Rite Aid share be worth in 2024?

Is it worth taking profit / loss on Rite Aid stock now or waiting? What are analysts' forecasts for Rite Aid stock?

We forecast Rite Aid stock performance using neural networks based on historical data on Rite Aid stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

The Rite Aid stock prediction results are shown below and presented as a graph, table and text information.

Rite Aid stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Rite Aid analysts is $3.

Today 200 Day Moving Average is the resistance level (12.26 $).

50 Day Moving Average is the resistance level (8.1 $).




Historical and forecast chart of Rite Aid stock

The chart below shows the historical price of Rite Aid stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Rite Aid stock price can be found in the table below.

Rite Aid (RAD) Forecast for 2024

Month Target Pes. Opt. Vol., %
Jan 8.43 7.87 8.83 10.88 %
Feb 6.83 5.77 7.70 25.00 %
Mar 6.50 5.78 7.29 20.68 %
Apr 5.76 5.23 6.04 13.52 %
May 5.93 5.50 6.84 19.58 %
Jun 6.18 5.26 6.69 21.26 %
Jul 5.59 5.04 6.48 22.24 %
Aug 5.63 4.92 6.27 21.54 %
Sep 5.16 4.44 5.50 19.32 %
Oct 4.58 4.08 5.31 23.28 %
Nov 3.82 3.48 4.27 18.43 %
Dec 3.30 2.85 3.77 24.34 %

Rite Aid information and performance

Rite Aid Corporation, through its subsidiaries, operates a network of retail pharmacies in the United States. The company operates in two segments: retail pharmacies and pharmacy services.
The retail pharmacy segment sells prescription drugs and a range of other products, including over-the-counter drugs, health and beauty products, personal care products, cosmetics, household items, food and beverages.

Rite Aid Address

30 HUNTER LANE, CAMP HILL OWN, PA, US

Market Capitalization: 299 379 000 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: 453 638 000 $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.87

Price/earnings to growth

DPS: N/A

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: N/A

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -9.96

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.917

Quarterly Revenue Growth YOY: 0.025

Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: -

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 0.254

Enterprise Value (EV) /Revenue

EV To EBITDA: 20.95

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 55647000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A

Percent Insiders: N/A

Percent Institutions: N/A

Rite Aid price target for 2021 by month


Target values for the price of one Rite Aid share for Jan 2024.

The weighted average target price per Rite Aid share in Jan 2024 is: 8.43. In Jan, the negative dynamics for Momo shares will prevail with possible monthly volatility of 10.878% volatility is expected.

Pessimistic target level: 7.87

Optimistic target level: 8.83


Target values for the price of one Rite Aid share for Feb 2024.

The weighted average target price per Rite Aid share in Feb 2024 is: 6.83. In Feb, the negative dynamics for Momo shares will prevail with possible monthly volatility of 25.000% volatility is expected.

Pessimistic target level: 5.77

Optimistic target level: 7.70


Target values for the price of one Rite Aid share for Mar 2024.

The weighted average target price per Rite Aid share in Mar 2024 is: 6.50. In Mar, the negative dynamics for Momo shares will prevail with possible monthly volatility of 20.677% volatility is expected.

Pessimistic target level: 5.78

Optimistic target level: 7.29


Target values for the price of one Rite Aid share for Apr 2024.

The weighted average target price per Rite Aid share in Apr 2024 is: 5.76. In Apr, the negative dynamics for Momo shares will prevail with possible monthly volatility of 13.524% volatility is expected.

Pessimistic target level: 5.23

Optimistic target level: 6.04


Target values for the price of one Rite Aid share for May 2024.

The weighted average target price per Rite Aid share in May 2024 is: 5.93. In May, the positive dynamics for Momo shares will prevail with possible monthly volatility of 19.584% volatility is expected.

Pessimistic target level: 5.50

Optimistic target level: 6.84


Target values for the price of one Rite Aid share for Jun 2024.

The weighted average target price per Rite Aid share in Jun 2024 is: 6.18. In Jun, the positive dynamics for Momo shares will prevail with possible monthly volatility of 21.257% volatility is expected.

Pessimistic target level: 5.26

Optimistic target level: 6.69


Target values for the price of one Rite Aid share for Jul 2024.

The weighted average target price per Rite Aid share in Jul 2024 is: 5.59. In Jul, the negative dynamics for Momo shares will prevail with possible monthly volatility of 22.241% volatility is expected.

Pessimistic target level: 5.04

Optimistic target level: 6.48


Target values for the price of one Rite Aid share for Aug 2024.

The weighted average target price per Rite Aid share in Aug 2024 is: 5.63. In Aug, the positive dynamics for Momo shares will prevail with possible monthly volatility of 21.544% volatility is expected.

Pessimistic target level: 4.92

Optimistic target level: 6.27


Target values for the price of one Rite Aid share for Sep 2024.

The weighted average target price per Rite Aid share in Sep 2024 is: 5.16. In Sep, the negative dynamics for Momo shares will prevail with possible monthly volatility of 19.325% volatility is expected.

Pessimistic target level: 4.44

Optimistic target level: 5.50


Target values for the price of one Rite Aid share for Oct 2024.

The weighted average target price per Rite Aid share in Oct 2024 is: 4.58. In Oct, the negative dynamics for Momo shares will prevail with possible monthly volatility of 23.276% volatility is expected.

Pessimistic target level: 4.08

Optimistic target level: 5.31


Target values for the price of one Rite Aid share for Nov 2024.

The weighted average target price per Rite Aid share in Nov 2024 is: 3.82. In Nov, the negative dynamics for Momo shares will prevail with possible monthly volatility of 18.426% volatility is expected.

Pessimistic target level: 3.48

Optimistic target level: 4.27


Target values for the price of one Rite Aid share for Dec 2024.

The weighted average target price per Rite Aid share in Dec 2024 is: 3.30. In Dec, the negative dynamics for Momo shares will prevail with possible monthly volatility of 24.343% volatility is expected.

Pessimistic target level: 2.85

Optimistic target level: 3.77




Rite Aid (RAD) stock dividend

Rite Aid last paid dividends on 10/14/1999. The next scheduled payment will be on 04/22/2019. The amount of dividends is $0 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Date: 01/01/1970

Last Split Factor:


Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.


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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.