As of Wednesday close, Ross Stores Inc.’s (NASDAQ:ROST) stock was up $0.76, moving up 0.66 percent to $116.03. The average number of shares traded per day over the past five days has been 5,645,060 shares. 3 times new highs have been achieved over the past 5 days, with a $19.53 gain in that time frame. In the last twenty days, the average volume was 3,506,160, while in the previous 50 days, it was 2,845,260.
Since last month, ROST stock rose 24.67%. Shares of the company fell to $84.52 on 10/24/22, the lowest level in the past month. A 52-week high of $115.90 was reached on 11/23/22 after having rallying from a 52-week low of $69.24. Since the beginning of this year, ROST’s stock price has risen by 1.53% or $1.75, and marked a new high 3 times. However, the stock has increased by 0.11% since its 52-week high.
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ROST stock investors should be aware that Ross Stores Inc. (ROST) stock had its last reported insider trading activity 170 days ago on Jun 08. BUSH MICHAEL J, the Director of the company, disposed of 1,000 shares for $81.46 on Jun 08. It resulted in a $81,456 divestment by the insider.
Right now, Ross Stores Inc. (ROST) has a P/E ratio of about 28.16. The stock’s beta is 0.96. Besides these, the trailing price-to-sales (P/S) ratio of 1.98, the price-to-book (PB) ratio of 9.69.
The latest dividend of $0.31 per share was paid out, remained unchanged from last year’s $0.31. On Tuesday March 1 2022, a $0.0250 dividend increase was announced.
In the three months ended July 30, Ross Stores Inc.’s quick ratio stood at 1.20, while its current ratio was 1.90, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending July 30 was 0.59, and the total debt-to-equity ratio was 0.59. On the profitability front, the trailing twelve-month gross margin is 25.40% percent. In the year ended July 30, operating margins totaled 11.70%. Based on annual data, ROST earned $5.21 billion in gross profit and brought in $18.92 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 27.60%. Return on equity (ROE) for the past 12 months was 39.10%.
In Ross Stores Inc.’s quarter-end financial report for July 30, it reported total debt of $2.45 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected Ross Stores Inc. to report $0.99 quarterly earnings, the actual figure was $1.11 per share, beating the consensus estimate by 12.10%. During the quarter, the company generated $613.48 million in EBITDA. The liabilities of Ross Stores Inc. were 9.05 billion at the end of its most recent quarter ended July 30, and its total debt was $5.63 billion. The value of shareholders’ equity is $347.06 million.
This quick technical analysis looks at Ross Stores Inc.’s (ROST) price momentum. With a historical volatility rate of 49.65%, the RSI 9-day stood at 85.08% on 23 November.
With respect to its five-day moving average, the current Ross Stores Inc. price is up by +20.24% percent or $19.53. At present, ROST shares trade +24.24% above its 20-day simple moving average and +57.18% percent above its 100-day simple moving average. However, the stock is currently trading approximately +29.70% above its SMA50 and +21.52% above its SMA200.
Stochastic coefficient K was 92.94% and Stochastic coefficient D was 86.30%, while ATR was 4.59. Given the Stochastic reading of 95.35% for the 14-day period, the RSI (14) reading has been calculated as 79.71%. As of today, the MACD Oscillator reading stands at 10.73, while the 14-day reading stands at 14.41.