The price-to-earnings ratio for Ross Stores Inc. (NASDAQ: ROST) is above average at 23.15x. The 36-month beta value for ROST is also noteworthy at 0.98. There are mixed opinions on the stock, with 12 analysts rating it as a “buy,” 3 rating it as “overweight,” 6 rating it as “hold,” and 1 rating it as “sell.”
The average price estimated by analysts for ROST is $120.26, which is $17.96 above than the current price. The public float for ROST is 338.20M, and at present, short sellers hold a 1.71% of that float. The average trading volume of ROST on May 25, 2023 was 2.32M shares.
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ROST) stock’s latest price update
Ross Stores Inc. (NASDAQ: ROST)’s stock price has plunge by -0.41relation to previous closing price of 101.88. Nevertheless, the company has seen a -2.24% plunge in its stock price over the last five trading sessions. Barron’s reported on 11/18/22 that Off-Price Retailers TJX and Ross Are Getting Their Mojo Back
ROST’s Market Performance
Ross Stores Inc. (ROST) has seen a -2.24% fall in stock performance for the week, with a -2.48% decline in the past month and a -9.00% plunge in the past quarter. The volatility ratio for the week is 3.10%, and the volatility levels for the past 30 days are at 2.30% for ROST. The simple moving average for the last 20 days is -2.65% for ROST stock, with a simple moving average of -1.55% for the last 200 days.
ROST Trading at -2.65% from the 50-Day Moving Average
After a stumble in the market that brought ROST to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.14% of loss for the given period.
Volatility was left at 2.30%, however, over the last 30 days, the volatility rate increased by 3.10%, as shares sank -3.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.14% lower at present.
During the last 5 trading sessions, ROST fell by -2.24%, which changed the moving average for the period of 200-days by +18.93% in comparison to the 20-day moving average, which settled at $104.06. In addition, Ross Stores Inc. saw -12.59% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ROST starting from KOBAYASHI MICHAEL K, who sale 12,221 shares at the price of $106.00 back on Apr 06. After this action, KOBAYASHI MICHAEL K now owns 96,486 shares of Ross Stores Inc., valued at $1,295,457 using the latest closing price.
Burrill Jeffrey P, the SVP, CAO & CORP CONTROLLER of Ross Stores Inc., sale 3,297 shares at $104.73 during a trade that took place back on Mar 31, which means that Burrill Jeffrey P is holding 23,148 shares at $345,288 based on the most recent closing price.
Stock Fundamentals for ROST
Current profitability levels for the company are sitting at:
- +10.65 for the present operating margin
- +25.40 for the gross margin
The net margin for Ross Stores Inc. stands at +8.09. The total capital return value is set at 20.23, while invested capital returns managed to touch 16.44. Equity return is now at value 34.50, with 10.80 for asset returns.
Based on Ross Stores Inc. (ROST), the company’s capital structure generated 133.06 points at debt to equity in total, while total debt to capital is 57.09. Total debt to assets is 39.62, with long-term debt to equity ratio resting at 117.77. Finally, the long-term debt to capital ratio is 50.53.
When we switch over and look at the enterprise to sales, we see a ratio of 1.91, with the company’s debt to enterprise value settled at 0.13. The receivables turnover for the company is 141.13 and the total asset turnover is 1.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.90.
Conclusion
In summary, Ross Stores Inc. (ROST) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
