Analysts See $-0.02 EPS for Rite Aid (RAD); Shorts at Aerocentury (NYSEMKT:ACY) Lowered By 80.65%

September 2, 2017 - By Maria Brooks

Aerocentury Corporation (NYSEMKT:ACY) had a decrease of 80.65% in short interest. ACY’s SI was 2,400 shares in September as released by FINRA. Its down 80.65% from 12,400 shares previously. With 14,000 avg volume, 0 days are for Aerocentury Corporation (NYSEMKT:ACY)’s short sellers to cover ACY’s short positions. The SI to Aerocentury Corporation’s float is 0.23%. The stock increased 3.54% or $0.45 on September 1, reaching $13.15. About 19,597 shares traded or 273.92% up from the average. AeroCentury Corp. (NYSEMKT:ACY) has declined 23.55% since September 2, 2016 and is downtrending. It has underperformed by 40.25% the S&P500.

Analysts expect Rite Aid Corporation (NYSE:RAD) to report $-0.02 EPS on September, 28.They anticipate $0.05 EPS change or 166.67% from last quarter’s $0.03 EPS. After having $-0.05 EPS previously, Rite Aid Corporation’s analysts see -60.00% EPS growth. It closed at $2.42 lastly. It is up 55.18% since September 2, 2016 and is downtrending. It has underperformed by 71.88% the S&P500.

Rite Aid Corporation is a retail drugstore chain. The company has market cap of $2.55 billion. The Company’s divisions include Retail Pharmacy and Pharmacy Services. It currently has negative earnings. The Firm operates under The Rite Aid name.

Among 11 analysts covering Rite Aid (NYSE:RAD), 2 have Buy rating, 2 Sell and 7 Hold. Therefore 18% are positive. Rite Aid had 17 analyst reports since August 6, 2015 according to SRatingsIntel. Deutsche Bank downgraded the shares of RAD in report on Friday, April 8 to “Hold” rating. The stock of Rite Aid Corporation (NYSE:RAD) earned “Buy” rating by Vetr on Wednesday, August 19. The stock has “Underperform” rating by Bank of America on Friday, June 30. Bank of America initiated it with “Buy” rating and $11 target in Thursday, August 13 report. Credit Suisse downgraded Rite Aid Corporation (NYSE:RAD) on Thursday, October 29 to “Neutral” rating. On Thursday, September 17 the stock rating was maintained by Mizuho with “Buy”. On Friday, August 14 the stock rating was upgraded by Vetr to “Buy”. The stock of Rite Aid Corporation (NYSE:RAD) earned “Neutral” rating by Mizuho on Thursday, July 20. The firm has “Neutral” rating by Guggenheim given on Wednesday, April 26. The stock has “Hold” rating by Evercore on Wednesday, January 6.

Investors sentiment decreased to 0.78 in 2016 Q4. Its down 0.46, from 1.24 in 2016Q3. It fall, as 67 investors sold Rite Aid Corporation shares while 114 reduced holdings. 39 funds opened positions while 128 raised stakes. 598.79 million shares or 0.81% more from 593.98 million shares in 2016Q3 were reported. Rhumbline Advisers accumulated 1.20M shares. Asset Mgmt One Ltd accumulated 1.81M shares or 0.04% of the stock. Hudock Group Ltd Co accumulated 2,000 shares. Pacad Invest Limited holds 0.08% or 81,301 shares. Litespeed Mgmt Limited Liability invested in 18.02% or 4.75 million shares. Macquarie Group Inc Ltd has 0% invested in Rite Aid Corporation (NYSE:RAD) for 22,300 shares. Sandy Spring Bancshares reported 32,700 shares. Shell Asset invested in 78,353 shares or 0.02% of the stock. Hightower Advsr Limited Liability Corp has 261,239 shares. Bluecrest Cap Mngmt has invested 0.1% of its portfolio in Rite Aid Corporation (NYSE:RAD). Morgan Stanley holds 0.02% of its portfolio in Rite Aid Corporation (NYSE:RAD) for 7.66 million shares. Bancshares Of America Corporation De has 0.01% invested in Rite Aid Corporation (NYSE:RAD) for 2.93 million shares. Perella Weinberg Capital Mngmt Limited Partnership, a New York-based fund reported 445,158 shares. Guardian holds 0% of its portfolio in Rite Aid Corporation (NYSE:RAD) for 4,840 shares. Boston Private Wealth Llc has 359,985 shares for 0.12% of their portfolio.

AeroCentury Corp. acquires used regional aircraft and aircraft engines for lease to regional carriers all over the world. The company has market cap of $19.44 million. The Company’s segment is leasing of regional aircraft to foreign and domestic regional airlines. It has a 13.46 P/E ratio. The business of the Company is managed by JetFleet Management Corp. , an integrated aircraft management, marketing and financing business.