The price-to-earnings ratio for Ross Stores, Inc (NASDAQ: ROST) is 24.22x, which is above its average ratio. Moreover, the 36-month beta value for ROST is 1.11. Analysts have varying opinions on the stock, with 12 analysts rating it as a “buy,” 5 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for ROST is 321.31M and currently, short sellers hold a 1.51% of that float. On December 27, 2024, ROST’s average trading volume was 2.64M shares.
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ROST) stock’s latest price update
Ross Stores, Inc (NASDAQ: ROST)’s stock price has increased by 2.26 compared to its previous closing price of 150.48. However, the company has seen a 3.55% increase in its stock price over the last five trading sessions. zacks.com reported 2024-12-18 that ROST continues to thrive with its value-driven off-price retail model, driving solid growth in sales and customer traffic.
ROST’s Market Performance
ROST’s stock has risen by 3.55% in the past week, with a monthly rise of 0.38% and a quarterly rise of 0.69%. The volatility ratio for the week is 1.84% while the volatility levels for the last 30 days are 1.77% for Ross Stores, Inc The simple moving average for the past 20 days is 0.57% for ROST’s stock, with a 6.63% simple moving average for the past 200 days.
Analysts’ Opinion of ROST
Many brokerage firms have already submitted their reports for ROST stocks, with Citigroup repeating the rating for ROST by listing it as a “Neutral.” The predicted price for ROST in the upcoming period, according to Citigroup is $152 based on the research report published on November 12, 2024 of the current year 2024.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see ROST reach a price target of $175, previously predicting the price at $160. The rating they have provided for ROST stocks is “Market Perform” according to the report published on August 23rd, 2024.
Telsey Advisory Group gave a rating of “Market Perform” to ROST, setting the target price at $160 in the report published on March 06th of the current year.
ROST Trading at 4.46% 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 -5.95% of loss for the given period.
Volatility was left at 1.77%, however, over the last 30 days, the volatility rate increased by 1.84%, as shares sank -0.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.21% upper at present.
During the last 5 trading sessions, ROST rose by +3.55%, which changed the moving average for the period of 200-days by +5.04% in comparison to the 20-day moving average, which settled at $153.00. In addition, Ross Stores, Inc saw 11.19% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ROST starting from Hartshorn Michael J., who sale 8,366 shares at the price of $155.64 back on Sep 16 ’24. After this action, Hartshorn Michael J. now owns 103,049 shares of Ross Stores, Inc, valued at $1,302,103 using the latest closing price.
MICHAEL HARTSHORN, the Officer of Ross Stores, Inc, proposed sale 8,366 shares at $155.64 during a trade that took place back on Sep 16 ’24, which means that MICHAEL HARTSHORN is holding shares at $1,302,103 based on the most recent closing price.
Stock Fundamentals for ROST
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 0.28 for the gross margin
The net margin for Ross Stores, Inc stands at 0.1. The total capital return value is set at 0.26. Equity return is now at value 42.93, with 14.49 for asset returns.
Based on Ross Stores, Inc (ROST), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at 0.83. The debt to equity ratio resting at 0.55. The interest coverage ratio of the stock is 50.04.
Currently, EBITDA for the company is 2.97 billion with net debt to EBITDA at 0.45. When we switch over and look at the enterprise to sales, we see a ratio of 2.46. The receivables turnover for the company is 120.53for trailing twelve months and the total asset turnover is 1.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.57.
Conclusion
To wrap up, the performance of Ross Stores, Inc (ROST) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
