Watching Ross Stores Inc. (ROST) For Insider Activity


Ross Stores Inc. (NASDAQ:ROST) finished Wednesday with a subtraction of -$0.45 to close at $87.85, a downside of -0.51 percent. An average of 2,487,040 shares of common stock have been traded in the last five days. There was a fall of -$1.61 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 2,330,145 shares traded, while the 50-day average volume stands at 2,463,854.

ROST stock has decreased by -0.30% in the last month. The company shares reached their 1-month lowest point of $85.62 on 08/30/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $69.24 and a high of $123.36 in 52 weeks. It has reached a new high 1 time so far this year and lost -23.13% or -$26.43 in price. In spite of this, the price is down -28.79% from the 52-week high.

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Insider Transactions

106 days have passed since Ross Stores Inc. (ROST) last reported insider trading activity. BUSH MICHAEL J, who is Director, most recently acquired $1,000 shares at $81.46 per share on Jun 08.

Valuation Metrics

Ross Stores Inc. (ROST) has a trailing price-to-earnings (P/E) ratio of 20.84. The stock’s beta is 0.99. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.63, the price-to-book (PB) ratio at 7.34.

The company has a payout ratio of 28.10%. The company’s most recent quarterly dividend payment was $0.31 a share, without any change from last year. Its latest increase dividend $0.0250 reported on Tuesday March 1 2022.

Financial Health

The quick ratio of Ross Stores Inc. for the three months ended July 30 was 1.20, and the current ratio was 1.90, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.59 and a total debt to equity ratio of 0.59 for the quarter ending July 30. Its gross profit as reported stood at $5.21 billion compared to revenue of $18.92 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Ross Stores Inc.’s return on assets was 10.90%.

Earnings Surprise

For the three-month period that ended July 30, Ross Stores Inc. had $2.45 billion in total debt. The analyst consensus anticipated Ross Stores Inc.’s latest quarter earnings to come in at $0.99 per share, but it turned out to be $1.11, a 12.10% surprise. For the quarter, EBITDA amounted to $613.48 million. Shareholders own equity worth $347.06 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Ross Stores Inc. (ROST) price momentum. RSI 9-day as of the close on 21 September was 42.41%, suggesting the stock is Neutral, with historical volatility in this time frame at 33.62%.

As of today, ROST’s price is $89.34 -1.80% or -$1.61 from its 5-day moving average. ROST is currently trading -0.13% lower than its 20-day SMA and -15.67% lower than its 100-day SMA. However, the stock’s current price level is +17.02% above the SMA50 and -20.27% below the SMA200.

The stochastic %K and %D were 32.64% and 39.30%, respectively, and the average true range (ATR) was 2.93. With the 14-day stochastic at 21.61% and the average true range at 2.91, the RSI (14) stands at 47.48%. The stock has reached -1.54 on the 9-day MACD Oscillator while the 14-day reading was at -1.15.

Analyst Ratings

Goldman launched coverage on Ross Stores Inc. (NASDAQ: ROST) in its analyst report released on August 02, 2022. The firm assigned the stock a Buy rating. The consensus rating for Ross Stores Inc. (ROST) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell ROST, while 11 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 10 others rate it as a “buy”.


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