Market Resilience: Ross Stores, Inc (ROST) Finishes Weak at 149.00, Down -0.01

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

Ross Stores, Inc (NASDAQ: ROST) closed the day trading at $149.00 down -0.01% from the previous closing price of $149.01. In other words, the price has decreased by -$0.01 from its previous closing price. On the day, 2.25 million shares were traded. ROST stock price reached its highest trading level at $150.19 during the session, while it also had its lowest trading level at $148.78.

Ratios:

For a better understanding of ROST, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.15. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 1.09 whereas as Long-Term Debt/Eq ratio is at 0.82.

On January 07, 2025, Bernstein Downgraded its rating to Mkt Perform which previously was Outperform and also lowered its target price recommendation from $178 to $165.

Citigroup Downgraded its Buy to Neutral on November 12, 2024, whereas the target price for the stock was revised from $179 to $152.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 16 ’24 when Hartshorn Michael J. sold 8,366 shares for $155.64 per share. The transaction valued at 1,302,103 led to the insider holds 103,049 shares of the business.

MICHAEL HARTSHORN bought 8,366 shares of ROST for $1,302,103 on Sep 16 ’24. On Sep 05 ’24, another insider, BALMUTH MICHAEL, who serves as the EXECUTIVE CHAIRMAN of the company, sold 14,887 shares for $152.22 each. As a result, the insider received 2,266,068 and left with 11,133 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 49159417856 and an Enterprise Value of 48624758784. As of this moment, Ross’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.45, and their Forward P/E ratio for the next fiscal year is 22.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.31 while its Price-to-Book (P/B) ratio in mrq is 9.35. Its current Enterprise Value per Revenue stands at 2.305 whereas that against EBITDA is 16.296.

Stock Price History:

The Beta on a monthly basis for ROST is 1.11, which has changed by 0.08261275 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, ROST has reached a high of $163.60, while it has fallen to a 52-week low of $127.53. The 50-Day Moving Average of the stock is -0.18%, while the 200-Day Moving Average is calculated to be 2.98%.

Shares Statistics:

Over the past 3-months, ROST traded about 2.67M shares per day on average, while over the past 10 days, ROST traded about 2208980 shares per day. A total of 330.26M shares are outstanding, with a floating share count of 322.87M. Insiders hold about 2.14% of the company’s shares, while institutions hold 89.96% stake in the company. Shares short for ROST as of 1730332800 were 4704048 with a Short Ratio of 1.91, compared to 1727654400 on 3919745. Therefore, it implies a Short% of Shares Outstanding of 4704048 and a Short% of Float of 1.45000005.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 0.95. The current Payout Ratio is 24.12% for ROST, which recently paid a dividend on 2024-12-10 with an ex-dividend date of 1733788800. Stock splits for the company last occurred on 2015-06-12 when the company split stock in a 2:1 ratio.

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