Stock Surge: Ross Stores, Inc. (ROST) Closes at 139.01, Marking a -2.90 Increase/Decrease

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In the latest session, Ross Stores, Inc. (NASDAQ: ROST) closed at $139.01 down -2.90% from its previous closing price of $143.16. In other words, the price has decreased by -$2.90 from its previous closing price. On the day, 4.07 million shares were traded. ROST stock price reached its highest trading level at $142.35 during the session, while it also had its lowest trading level at $138.42.

Ratios:

For a deeper understanding of Ross Stores, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.36. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.56. In the meantime, Its Debt-to-Equity ratio is 1.14 whereas as Long-Term Debt/Eq ratio is at 0.82.

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 August 23, 2024, Reiterated its Market Perform rating but revised its target price to $175 from $160 previously.

On March 06, 2024, Telsey Advisory Group reiterated its Market Perform rating and also lowered its target price recommendation from $135 to $160.

UBS Upgraded its Sell to Neutral on February 23, 2024, whereas the target price for the stock was revised from $85 to $142.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 47495127040 and an Enterprise Value of 47314296832. As of this moment, Ross’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.41, and their Forward P/E ratio for the next fiscal year is 20.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.19 while its Price-to-Book (P/B) ratio in mrq is 9.00. Its current Enterprise Value per Revenue stands at 2.243 whereas that against EBITDA is 15.857.

Stock Price History:

Over the past 52 weeks, ROST has reached a high of $163.60, while it has fallen to a 52-week low of $113.45. The 50-Day Moving Average of the stock is -6.74%, while the 200-Day Moving Average is calculated to be -3.18%.

Shares Statistics:

For the past three months, ROST has traded an average of 2.14M shares per day and 2266910 over the past ten days. A total of 335.17M shares are outstanding, with a floating share count of 325.02M. Insiders hold about 2.03% of the company’s shares, while institutions hold 89.24% stake in the company. Shares short for ROST as of 1728950400 were 4655022 with a Short Ratio of 2.18, compared to 1726185600 on 4357907. Therefore, it implies a Short% of Shares Outstanding of 4655022 and a Short% of Float of 1.43.

Dividends & Splits

According to the company, the forward annual dividend rate for ROST is 1.44, from 1.405 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0098141935The stock’s 5-year Average Dividend Yield is 0.95.

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