Ross Stores, Inc (ROST) concluded trading on Wednesday at a closing price of $138.78, with 4.39 million shares of worth about $609.85 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -10.59% during that period and on Wednesday the price saw a gain of about 1.71%. Currently the company’s common shares owned by public are about 330.26M shares, out of which, 322.82M shares are available for trading.
Stock saw a price change of -0.68% in past 5 days and over the past one month there was a price change of -4.95%. Year-to-date (YTD), ROST shares are showing a performance of -8.26% which decreased to -6.25% 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 2.33 million. The stock is currently trading -2.63% below its 20-day simple moving average (SMA20), while that difference is down -5.86% for SMA50 and it goes to -4.93% lower than SMA200.
Ross Stores, Inc (NASDAQ: ROST) currently have 330.26M outstanding shares and institutions hold larger chunk of about 91.35% of that.
The stock has a current market capitalization of $45.79B and its 3Y-monthly beta is at 1.16. PE ratio of stock for trailing 12 months is 21.84, while it has posted earnings per share of $6.35 in the same period. Its PEG reads 2.33 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 2.10% while standing at 1.96% over the month.
Stock’s fiscal year EPS is expected to rise by 11.29% while it is estimated to increase by 7.92% in next year. EPS is likely to grow at an annualized rate of 9.37% 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 Morgan Stanley on January 21, 2025 offering an Equal-weight rating for the stock and assigned a target price range of between $164 and $140 to it. Coverage by Wells Fargo stated Ross Stores, Inc (ROST) stock as an Equal weight in their note to investors on January 10, 2025, suggesting a price target of $165 for the stock. On January 07, 2025, Bernstein Downgrade their recommendations, while on November 12, 2024, Citigroup Downgrade their ratings for the stock with a price target of $152. Stock get a Market perform rating from Telsey Advisory Group on August 23, 2024.
