Ross Stores Inc. (NASDAQ:ROST) saw an upside of 0.63% to close Tuesday at $106.20 after adding $0.66 on the day. The 5-day average trading volume is 1,829,800 shares of the company’s common stock. It has gained $109.52 in the past week. An average of 1,784,145 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,760,482.
ROST’s 1-month performance is -6.47% or -$6.61 on its low of $104.92 reached on 10/06/21. The company’s shares have touched a 52-week low of $84.68 and high of $134.21, with the stock’s rally to the 52-week high happening on 05/10/21. YTD, ROST has lost -13.52% or -$16.61. However, the current price is down -20.87%% from the 52-week high price.
3 Tiny Stocks Primed to Explode The 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
On Jul 02, 103 days have gone by since the last insider trading activity for Ross Stores Inc. (ROST). KOBAYASHI MICHAEL K (President, Ops. & Technology) most recently sold 63 shares at $125.13 per share on Jul 02. This transaction cost the insider $7,883. Strategic Advisor, BALMUTH MICHAEL, sold 49,377 shares at a price of $126.03 on May 28. Then, on Apr 21, Director ORBAN GEORGE sold 3,250 shares at a price of $126.69 per share. This transaction amounted to $411,728.
The company’s PE ratio for the last five years has touched a high of 570.35 and a low of 13.04. ROST stock has a beta of 1.04. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.18 while the price-to-book (PB) in the most recent quarter is 9.60, with the price to cash flow ratio at 13.46.
Ross Stores Inc. pays an annual dividend of $1.14 per share. Its dividend yield is 1.07% and the payout ratio is 15.00%. ROST’s most recent quarterly dividend payment was made on Sep. 30, when it paid $0.2850 a share compared with prior rate of $0.2850, down 0.0% from last year’s. The company has boosted its dividend for the last 27 consecutive years with the latest dividend increase of $0.03 reported on Tuesday March 3 2020. Measured over the last 3 years, the Dividend has been growing by -55.47% yearly.
It is projected that Ross Stores Inc.’s next ex-dividend date will be on 8-Dec. ROST is expected to distribute $0.285 as its next dividend.
Ross Stores Inc.’s quick ratio for the period ended July 30 was 1.40, with the current ratio over the same period at 1.80 meaning that ROST stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending July 30 was 0.63, while the total debt to equity was 0.64. In terms of profitability, the gross margin trailing 12 months is 28.00%. The trailing 12-month EBITDA margin is 6.34% while for the period ending July 30; Ross Stores Inc.’s operating margin was 10.90%. The firm’s gross profit as reported stood at $2.69 billion against revenue of $12.53 billion.
For the quarterly period ending July 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected ROST to announce $0.98 per share in earnings in its latest quarter, but it posted $1.39, representing a 41.80% surprise. EBITDA for the quarter stood at more than $762.9 million. ROST stock balance sheet for the quarter ending July 30 shows that total liabilities totaled 9.74 billion, with total debt at $5.63 billion. Shareholders hold equity totaling $355.37 million
Let’s look briefly at Ross Stores Inc. (ROST) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 33.07% to suggest the stock is trending Neutral, with historical volatility in this time period at 34.62%.
The stock’s 5-day moving average is $106.68, reflecting a -1.96% or -$2.12 change from its current price. ROST is currently trading -5.53% above its 20-day SMA, -13.29% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -12.24% and -10.02% respectively.
Stochastic %K and %D was 11.82% and 14.87% and the average true range (ATR) pointed at 2.69. The RSI (14) points at 34.38%, while the 14-day stochastic is at 9.37% with the period’s ATR at 2.68. The stock’s 9-day MACD Oscillator is pointing at -1.45 and -4.14 on the 14-day charts.
In the most recent analyst report for Ross Stores Inc. (NASDAQ: ROST), Northcoast upgraded it to a Buy rating. They previously had a Neutral rating on the stock. Analysts offering their rating for ROST stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate ROST as a “sell,”, while 6 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 3 rates the stock as overweight while 15 have offered a “buy” rating.
What is ROST’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $130.00 and a high of $153.00, with their median price target at $140.00. Looking at these predictions, the average price target given by analysts is for Ross Stores Inc. (ROST) stock is $140.73.