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The closing price of Ross Stores, Inc. (NASDAQ: ROST) was $127.68 for the day, down -0.11% from the previous closing price of $127.82. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 2.53 million shares were traded. ROST stock price reached its highest trading level at $129.04 during the session, while it also had its lowest trading level at $127.525.
Ratios:
Our analysis of ROST’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.44. For the most recent quarter (mrq), Quick Ratio is recorded 1.24 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 1.18 whereas as Long-Term Debt/Eq ratio is at 0.99.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on March 06, 2024, Reiterated its Market Perform rating but revised its target price to $160 from $135 previously.
On February 23, 2024, UBS Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $85 to $142.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 01 ’24 when Fleming Karen bought 35 shares for $147.51 per share. The transaction valued at 5,230 led to the insider holds 65,608 shares of the business.
KOBAYASHI MICHAEL K sold 13,860 shares of ROST for $2,043,757 on Mar 28 ’24. The PRES., CHIEF CAPABILITY OFC’R now owns 61,657 shares after completing the transaction at $147.46 per share. On Mar 28 ’24, another insider, RENDA LARREE M, who serves as the Director of the company, sold 4,168 shares for $147.89 each. As a result, the insider received 616,405 and left with 3,166 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ROST now has a Market Capitalization of 42811998208 and an Enterprise Value of 43670290432. As of this moment, Ross’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.95, and their Forward P/E ratio for the next fiscal year is 19.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.10 while its Price-to-Book (P/B) ratio in mrq is 8.79. Its current Enterprise Value per Revenue stands at 2.143 whereas that against EBITDA is 16.013.
Stock Price History:
Over the past 52 weeks, ROST has reached a high of $151.12, while it has fallen to a 52-week low of $99.00. The 50-Day Moving Average of the stock is -9.99%, while the 200-Day Moving Average is calculated to be -1.14%.
Shares Statistics:
ROST traded an average of 2.17M shares per day over the past three months and 2630490 shares per day over the past ten days. A total of 335.17M shares are outstanding, with a floating share count of 328.44M. Insiders hold about 2.05% of the company’s shares, while institutions hold 88.55% stake in the company. Shares short for ROST as of 1713139200 were 3718469 with a Short Ratio of 1.72, compared to 1710460800 on 3251442. Therefore, it implies a Short% of Shares Outstanding of 3718469 and a Short% of Float of 1.13.
Dividends & Splits
With its trailing 12-month dividend rate of 1.34, ROST has a forward annual dividend rate of 1.37. Against a Trailing Annual Dividend Yield of 0.010483493The stock’s 5-year Average Dividend Yield is 0.95.
