How to Buy Rite Aid Stock
Rite Aid Corp
Rite Aid is a pharmaceutical retailer company located in Pennsylvania, United States, which is part of the Consumer Defensive sector, and is traded under the ticker RAD on the NYSE exchange.
Rite Aid stock last closed at $2.68, down 4.96% from the previous day, and has decreased 70.96% in one year. It has underperformed other stocks in the Pharmaceutical Retailers industry by 0.18 percentage points. Rite Aid stock is currently +10.52% from its 52-week low of $2.43, and -76.91% from its 52-week high of $11.61.
At the moment, there are 56.52M shares of RAD outstanding. The market cap of RAD is $151.48M. In the past 24 hours, 6.42M RAD shares were traded.
How to Buy Rite Aid Stock
Wondering how to invest in Rite Aid stock? Here's how.
- Decide where to buy Rite Aid stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Rite Aid stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Pick your method of payment and add your information.
- Research Rite Aid stock: The Rite Aid ticker symbol is RAD. Is Rite Aid stock a good investment? Should you buy shares of RAD? How do RAD's underlying business fundamentals look? Do top analysts think Rite Aid is a good buy? Why has RAD's stock price moved recently? (Hint: Our stock analysis website can help you decide if RAD is a good stock to buy).
- Make your RAD buy order: Decide if you will purchase RAD shares at the current market price or use a limit order to buy RAD shares at a particular price.
- Get updates on your RAD investment: Create a watchlist to important updates regarding your position in Rite Aid stock.
Step 1: Decide where to buy Rite Aid stock
You will need an online brokerage account to access the NYSE market and buy RAD stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal info so you are able to invest in RAD stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.
- Provide your personal info to start your new brokerage account.
- Submit your details by hitting the "Create Account" button.
Step 3: Deposit money your investment account
Now that you've filled out your info on one of the most highly reviewed stock trading apps, you can securely and quickly fund your account:
Check out the video below to see the process of transferring funds into your new brokerage account.
Step 4: Research Rite Aid stock
Once you have chosen the best place to buy Rite Aid stock, it's critical to analyze their stock prior to buying, so you actually understand the risk as well as the upside.
Rite Aid Metrics
RAD Zen Score
WallStreetZen was created to help everyday investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on RAD's stock page.
How is RAD stock valued?
You can use many financial metrics, analyses, models, and charts to gauge RAD's true value.
You can access additional valuation analysis on RAD's stock here.
RAD Financial Overview
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the RAD balance sheet.
- RAD has $103.05M in cash and short term investments. This is sufficient to cover its annual cash burn of $197.79M.
Negative Health Checks:
- Total RAD debt is still negative.
- RAD debt to equity ratio of -21.34 is negative.
- There are more long-term liabilities than short-term assets on the RAD balance sheet.
- RAD has cash burn of 197792000. It does not have enough cash and short-term investments to cover this.
- RAD profit margin has gone down from -0.7% to -3.7% in the past year.
Is RAD stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Equities analysts who monitor RAD, the consensus analyst rating on RAD is a Strong Sell
Please note that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent RAD Analyst Ratings
George Hill, a top 12% analyst from Deutsche Bank maintains RAD with a strong sell rating and lowers their RAD price target from $4.00 to $3.00, on Oct 3, 2022.
Elizabeth Anderson, a bottom 11% analyst from Evercore ISI Group maintains RAD with a sell rating and lowers their RAD price target from $7.00 to $4.50, on Sep 30, 2022.
You can dive deeper into what analysts are forecasting on the Rite Aid stock forecast page.
Metrics for Advanced RAD Traders
RAD Growth Numbers
Last year, RAD revenue was $24.06B. During the last five year, RAD's revenue has grown by 6.97% per year. This was faster than the Pharmaceutical Retailers industry average of 2.77%.
You can analyze RAD's earnings and revenue performance here.
What are RAD executives and large shareholders up to?
Over the last 12 months, executives and large shareholders at RAD have sold more shares than they have bought.
Andre Persaud, EVP Retail of RAD, was the latest RAD insider to sell. They sold $7,805.76 worth of RAD stock on Feb 3, 2023.
Learn more about who owns RAD stock here.
Can I rely on RAD as an income stream?
No, Rite Aid doesn't provide an income stream by paying out dividends.
Get analysis from other investors
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Step 5: Make your RAD buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given price limit, use a limit order.
Click the Open button and your broker will place your order.
If you require more help with buying stocks on eToro, click the how to video below:
Step 6: Get updates on your RAD investment
Now that you own some RAD shares, you'll want to keep up with your new investment.
Start a watchlist to see the latest developments about your RAD stock.
RAD Feed
How to Buy Stock in Rite Aid
To summarize, here are the 6 steps you need to take to buy Rite Aid stock right now:
- Decide where to buy Rite Aid stock
- Open a brokerage account
- Deposit money your investment account
- Research Rite Aid stock
- Make your RAD buy order
- Get updates on your RAD investment
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to monitor your investment in Rite Aid, get started below.
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