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Rite Aid Price to Earning Trend from 2010 to 2020

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RAD -- USA Stock  

Earning Report: April 9, 2020  

Rite Aid Earning Before Interest and Taxes EBIT is expected to significantly increase based on the last few years of reporting. The last year's Earning Before Interest and Taxes EBIT was at 741.99 Million. The current year Interest Expense is expected to grow to about 363.4 M, whereas Cost of Revenue is expected to decline to about 15.9 B.
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Check Rite Aid financial statements over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 18.1 B, Consolidated Income of 2 B or Cost of Revenue of 15.9 B, as well as many exotic indicators such as Interest Coverage of 2.05, Long Term Debt to Equity of 105 or PPandE Turnover of 12.37. This can be a perfect complement to check Rite Aid Valuation or Volatility. It can also complement various Rite Aid Technical models. Additionally, take a look at the analysis of Rite Aid Correlation with competitors.

Rite Aid Price to Earning Marginal Breakdown

Showing smoothed Price to Earnings Ratio of Rite Aid Corporation with missing and latest data points interpolated. An alternative to [PE] representing the ratio between [Price] and Earnings per Basic Share USD.
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0.86 

          10 Years Trend
 Price to Earnings Ratio 
    
  Timeline 

Rite Aid Price to Earning Regression Statistics

Arithmetic Mean 17.46
Coefficient Of Variation 117.14
Mean Deviation 17.84
Median 3.68
Standard Deviation 20.46
Sample Variance 418.44
Range 58.32
R-Value(0.33)
Mean Square Error 413.72
R-Squared 0.11
Significance 0.32
Slope(2.05)
Total Sum of Squares 4,184

Rite Aid Price to Earning Over Time

2016  3.68 
2019  3.31 
2020  0.86 

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Rite Aid Fundamental Drivers

Rite Aid Corporation Fundamental Market Drivers

Short Percent Of Float29.63%
Forward Price Earnings65.77
Shares Short Prior Month18.63M
Average Daily Volume Last 10 Day8.61M
Average Daily Volume In Three Month7.99M
Date Short InterestMarch 13, 2020
Fifty Day Average14.73
Two Hundred Day Average11.27

Rite Aid Upcoming Events

Rite Aid Upcoming Company Events

Upcoming Quarterly Earning ReportApril 9, 2020
Next Earnings ReportJune 24, 2020
Next Fiscal Quarter EndFebruary 29, 2020
Next Fiscal Year EndApril 9, 2020
Last Quarter Report DateNovember 30, 2019
Last Earning Anouncement DateFebruary 28, 2019
Additionally, take a look at the analysis of Rite Aid Correlation with competitors. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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