Ross Stores, Inc (ROST) concluded trading on Thursday at a closing price of $156.61, with 2.88 million shares of worth about $451.68 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 8.64% during that period and on December 05, 2024 the price saw a gain of about 1.38%. Currently the company’s common shares owned by public are about 331.76M shares, out of which, 323.41M shares are available for trading.
Stock saw a price change of 1.11% in past 5 days and over the past one month there was a price change of 10.04%. Year-to-date (YTD), ROST shares are showing a performance of 13.17% which increased to 18.43% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $127.53 but also hit the highest price of $163.60 during that period. The average intraday trading volume for Ross Stores, Inc shares is 2.56 million. The stock is currently trading 6.57% above its 20-day simple moving average (SMA20), while that difference is up 7.60% for SMA50 and it goes to 8.74% higher than SMA200.
Ross Stores, Inc (NASDAQ: ROST) currently have 331.76M outstanding shares and institutions hold larger chunk of about 88.66% of that.
The stock has a current market capitalization of $51.96B and its 3Y-monthly beta is at 1.11. PE ratio of stock for trailing 12 months is 24.65, while it has posted earnings per share of $6.35 in the same period. Its PEG reads 2.74 and has Quick Ratio of 0.98 while making debt-to-equity ratio of 1.09. 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 1.66% while standing at 2.54% over the month.
Stock’s fiscal year EPS is expected to rise by 11.25% while it is estimated to increase by 8.51% in next year. EPS is likely to grow at an annualized rate of 9.00% 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 Citigroup on November 12, 2024 offering a Neutral rating for the stock and assigned a target price range of between $179 and $152 to it. Coverage by Telsey Advisory Group stated Ross Stores, Inc (ROST) stock as a Market perform in their note to investors on August 23, 2024, suggesting a price target of $175 for the stock. On March 06, 2024, Telsey Advisory Group Reiterated their recommendations, while on February 23, 2024, UBS Upgrade their ratings for the stock with a price target of $142. Stock get a Buy rating from Cleveland Research on February 08, 2024.
