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As of close of business last night, Ross Stores, Inc.’s stock clocked out at $148.03, up 0.82% from its previous closing price of $146.83. In other words, the price has increased by $0.82 from its previous closing price. On the day, 1.43 million shares were traded. ROST stock price reached its highest trading level at $148.26 during the session, while it also had its lowest trading level at $146.83.
Ratios:
To gain a deeper understanding of ROST’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.40. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 1.18 whereas as Long-Term Debt/Eq ratio is at 0.85.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 28 ’24 when Mueller Patricia H sold 941 shares for $138.37 per share. The transaction valued at 130,201 led to the insider holds 973 shares of the business.
Fleming Karen bought 35 shares of ROST for $5,230 on Apr 01 ’24. The PRESIDENT, CMO DD’S DISCOUNTS now owns 65,608 shares after completing the transaction at $147.51 per share. On Mar 28 ’24, another insider, KOBAYASHI MICHAEL K, who serves as the PRES., CHIEF CAPABILITY OFC’R of the company, sold 13,860 shares for $147.46 each. As a result, the insider received 2,043,757 and left with 61,657 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 49379106816 and an Enterprise Value of 50559422464. As of this moment, Ross’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.95, and their Forward P/E ratio for the next fiscal year is 22.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.38 while its Price-to-Book (P/B) ratio in mrq is 9.99. Its current Enterprise Value per Revenue stands at 2.438 whereas that against EBITDA is 17.603.
Stock Price History:
The Beta on a monthly basis for ROST is 1.09, which has changed by 0.32786155 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. Over the past 52 weeks, ROST has reached a high of $151.12, while it has fallen to a 52-week low of $107.30. The 50-Day Moving Average of the stock is 5.98%, while the 200-Day Moving Average is calculated to be 9.86%.
Shares Statistics:
It appears that ROST traded 2.63M shares on average per day over the past three months and 2252530 shares per day over the past ten days. A total of 335.17M shares are outstanding, with a floating share count of 326.79M. Insiders hold about 2.03% of the company’s shares, while institutions hold 88.00% stake in the company. Shares short for ROST as of 1718323200 were 4459786 with a Short Ratio of 1.69, compared to 1715731200 on 5696201. Therefore, it implies a Short% of Shares Outstanding of 4459786 and a Short% of Float of 1.3599999999999999.
Dividends & Splits
With its trailing 12-month dividend rate of 1.373, ROST has a forward annual dividend rate of 1.41. Against a Trailing Annual Dividend Yield of 0.00935095The 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 2024-06-11 with an ex-dividend date of 1718064000. Stock splits for the company last occurred on 2015-06-12 when the company split stock in a 2:1 ratio.
