The stock of Ross Stores, Inc (ROST) has seen a -0.66% decrease in the past week, with a -3.70% drop in the past month, and a 5.17% flourish in the past quarter. The volatility ratio for the week is 2.06%, and the volatility levels for the past 30 days are at 2.04% for ROST. The simple moving average for the last 20 days is -1.98% for ROST’s stock, with a simple moving average of 1.12% for the last 200 days.
Is It Worth Investing in Ross Stores, Inc (NASDAQ: ROST) Right Now?
Ross Stores, Inc (NASDAQ: ROST) has a price-to-earnings ratio of 23.13x that is above its average ratio. Additionally, the 36-month beta value for ROST is 1.15. There are mixed opinions on the stock, with 10 analysts rating it as a “buy,” 4 rating it as “overweight,” 8 rating it as “hold,” and 0 rating it as “sell.”
The public float for ROST is 322.87M and currently, short sellers hold a 1.55% ratio of that float. The average trading volume of ROST on February 05, 2025 was 2.71M shares.
ROST) stock’s latest price update
The stock price of Ross Stores, Inc (NASDAQ: ROST) has dropped by -0.08 compared to previous close of 147.07. Despite this, the company has seen a fall of -0.66% in its stock price over the last five trading days. fool.com reported 2025-02-01 that Wall Street is off to a volatile start in 2025. The S&P 500 (^GSPC -0.50%) index has seen a total return of 3.2% year to date on Jan. 28, but the ride has not been smooth.
Analysts’ Opinion of ROST
Many brokerage firms have already submitted their reports for ROST stocks, with Morgan Stanley repeating the rating for ROST by listing it as a “Equal-Weight.” The predicted price for ROST in the upcoming period, according to Morgan Stanley is $140 based on the research report published on January 21, 2025 of the current year 2025.
Wells Fargo, on the other hand, stated in their research note that they expect to see ROST reach a price target of $165. The rating they have provided for ROST stocks is “Equal Weight” according to the report published on January 10th, 2025.
Bernstein gave a rating of “Mkt Perform” to ROST, setting the target price at $165 in the report published on January 07th of the current year.
ROST Trading at -2.77% 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 -10.18% of loss for the given period.
Volatility was left at 2.04%, however, over the last 30 days, the volatility rate increased by 2.06%, as shares sank -4.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.52% upper at present.
During the last 5 trading sessions, ROST fell by -0.66%, which changed the moving average for the period of 200-days by +10.66% in comparison to the 20-day moving average, which settled at $149.93. In addition, Ross Stores, Inc saw -2.86% 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 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 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at 0.42. The debt to equity ratio resting at 1.09. 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 2.35. 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
In conclusion, Ross Stores, Inc (ROST) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
