Ross Stores, Inc. (ROST) concluded trading on Wednesday at a closing price of $153.95, with 3.17 million shares of worth about $487.65 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.30% during that period and on August 21, 2024 the price saw a gain of about 4.23%. Currently the company’s common shares owned by public are about 335.17M shares, out of which, 326.43M shares are available for trading.
Stock saw a price change of 8.92% in past 5 days and over the past one month there was a price change of 7.07%. Year-to-date (YTD), ROST shares are showing a performance of 11.24% which increased to 29.20% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $108.35 but also hit the highest price of $153.06 during that period. The average intraday trading volume for Ross Stores, Inc. shares is 2.38 million. The stock is currently trading 8.51% above its 20-day simple moving average (SMA20), while that difference is up 6.31% for SMA50 and it goes to 10.56% higher than SMA200.
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Ross Stores, Inc. (NASDAQ: ROST) currently have 335.17M outstanding shares and institutions hold larger chunk of about 88.88% of that.
The stock has a current market capitalization of $51.35B and its 3Y-monthly beta is at 1.09. PE ratio of stock for trailing 12 months is 25.95, while it has posted earnings per share of $5.93 in the same period. Its PEG reads 1.77 and has Quick Ratio of 1.03 while making debt-to-equity ratio of 1.18. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ROST, volatility over the week remained 1.82% while standing at 1.87% over the month.
Stock’s fiscal year EPS is expected to rise by 8.15% while it is estimated to increase by 9.75% in next year. EPS is likely to grow at an annualized rate of 14.69% for next 5-years, compared to annual growth of 5.45% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Telsey Advisory Group on March 06, 2024 offering a Market perform rating for the stock and assigned a target price range of between $135 and $160 to it. Coverage by UBS stated Ross Stores, Inc. (ROST) stock as a Neutral in their note to investors on February 23, 2024, suggesting a price target of $142 for the stock. On February 08, 2024, Cleveland Research Upgrade their recommendations, while on November 07, 2023, Evercore ISI Initiated their ratings for the stock with a price target of $140. Stock get a Buy rating from Gordon Haskett on November 03, 2023.
