The stock of Ross Stores, Inc. (ROST) has gone down by -1.28% for the week, with a 12.59% rise in the past month and a 2.68% rise in the past quarter. The volatility ratio for the week is 1.33%, and the volatility levels for the past 30 days are 1.82% for ROST. The simple moving average for the past 20 days is 2.97% for ROST’s stock, with a 11.36% simple moving average for the past 200 days.
Is It Worth Investing in Ross Stores, Inc. (NASDAQ: ROST) Right Now?
The price-to-earnings ratio for Ross Stores, Inc. (NASDAQ: ROST) is 25.02x, which is above its average ratio. Moreover, the 36-month beta value for ROST is 1.09. Analysts have varying opinions on the stock, with 11 analysts rating it as a “buy,” 6 as “overweight,” 8 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to ExplodeThe world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for ROST is 326.79M and currently, short sellers hold a 1.39% of that float. On June 26, 2024, ROST’s average trading volume was 2.55M shares.
ROST) stock’s latest price update
Ross Stores, Inc. (NASDAQ: ROST)’s stock price has gone decline by -0.53 in comparison to its previous close of 149.25, however, the company has experienced a -1.28% decrease in its stock price over the last five trading days. zacks.com reported 2024-06-21 that In the latest trading session, Ross Stores (ROST) closed at $149.29, marking a +1.3% move from the previous day.
Analysts’ Opinion of ROST
Many brokerage firms have already submitted their reports for ROST stocks, with Telsey Advisory Group repeating the rating for ROST by listing it as a “Market Perform.” The predicted price for ROST in the upcoming period, according to Telsey Advisory Group is $160 based on the research report published on March 06, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see ROST reach a price target of $142, previously predicting the price at $85. The rating they have provided for ROST stocks is “Neutral” according to the report published on February 23rd, 2024.
ROST Trading at 8.27% 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 -1.76% of loss for the given period.
Volatility was left at 1.82%, however, over the last 30 days, the volatility rate increased by 1.33%, as shares surge +4.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.17% upper at present.
During the last 5 trading sessions, ROST fell by -1.28%, which changed the moving average for the period of 200-days by +24.32% in comparison to the 20-day moving average, which settled at $144.50. In addition, Ross Stores, Inc. saw 7.28% 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 Mueller Patricia H, who sale 941 shares at the price of $138.37 back on May 28 ’24. After this action, Mueller Patricia H now owns 973 shares of Ross Stores, Inc., valued at $130,201 using the latest closing price.
Fleming Karen, the PRESIDENT, CMO DD’S DISCOUNTS of Ross Stores, Inc., purchase 35 shares at $147.51 during a trade that took place back on Apr 01 ’24, which means that Fleming Karen is holding 65,608 shares at $5,230 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 43.02, with 14.17 for asset returns.
Based on Ross Stores, Inc. (ROST), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.79. The debt to equity ratio resting at 0.63. The interest coverage ratio of the stock is -54.47.
Currently, EBITDA for the company is 2.73 billion with net debt to EBITDA at 0.41. When we switch over and look at the enterprise to sales, we see a ratio of 2.44. The receivables turnover for the company is 125.37for trailing twelve months and the total asset turnover is 1.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.54.
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.
