Ross Stores Inc. [NASDAQ: ROST] traded at a low on 02/25/20, posting a -4.00 loss after which it closed the day’ session at $116.75. The results of the trading session contributed to over 2287860 shares changing hands. Over the past one week, the price volatility of Ross Stores Inc. stands at 2.15% while the volatility over the past one month is 1.58%.
The market cap for ROST stock reached $42.43 billion, with 363.40 million shares outstanding and 356.44 million shares in the current float. Compared to the average trading volume of 1.73M shares, ROST reached a trading volume of 2287860 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Ross Stores Inc. [ROST]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ROST shares is $121.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ROST stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BMO Capital Markets have made an estimate for Ross Stores Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on February 04, 2020. The new note on the price target was released on February 03, 2020, representing the official price target for Ross Stores Inc. stock. Previously, the target price had yet another raise to $132, while Gordon Haskett analysts kept a Accumulate rating on ROST stock.
The Average True Range (ATR) for Ross Stores Inc. is set at 2.07, with the Price to Sales ratio for ROST stock in the period of the last 12 months amounting to 2.70. The Price to Book ratio for the last quarter was 12.72. Price to Free Cash Flow for ROST in the course of the last twelve months was 37.09 with Quick ratio for the last quarter at 0.50.
How has ROST stock performed recently?
Ross Stores Inc. [ROST] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.69. With this latest performance, ROST shares gained by 0.86% in over the last four-week period, additionally plugging by 13.40% over the last 6 months – not to mention a rise of 24.39% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ROST stock in for the last two-week period is set at 43.59, with the RSI for the last a single of trading hit 36.21, and the three-weeks RSI is set at 46.61 for Ross Stores Inc. [ROST]. The present Moving Average for the last 50 days of trading for this stock 117.52, while it was recorded at 121.67 for the last single week of trading, and 108.72 for the last 200 days.
Ross Stores Inc. [ROST]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Ross Stores Inc. [ROST] shares currently have an operating margin of +13.62 and a Gross Margin at +28.41. Ross Stores Inc.’s Net Margin is presently recorded at +10.59.
Return on Total Capital for ROST is now 57.77, given the latest momentum, and Return on Invested Capital for the company is 45.49. Return on Equity for this stock inclined to 49.96, with Return on Assets sitting at 26.19. When it comes to the capital structure of this company, Ross Stores Inc. [ROST] has a Total Debt to Total Equity ratio set at 9.45. Additionally, ROST Total Debt to Total Capital is recorded at 8.64, with Total Debt to Total Assets ending up at 5.01. Long-Term Debt to Equity for the company is recorded at 9.45, with the Long-Term Debt to Total Capital now at 8.64.
Reflecting on the efficiency of the workforce at the company, Ross Stores Inc. [ROST] managed to generate an average of $18,019 per employee. Receivables Turnover for the company is 162.35 with a Total Asset Turnover recorded at a value of 2.47.Ross Stores Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 1.30.
Earnings analysis for Ross Stores Inc. [ROST]
With the latest financial reports released by the company, Ross Stores Inc. posted 1.2/share EPS, while the average EPS was predicted by analysts to be reported at 1.13/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 6.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ROST. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Ross Stores Inc. go to 9.16%.
Insider trade positions for Ross Stores Inc. [ROST]
There are presently around $37,862 million, or 90.00% of ROST stock, in the hands of institutional investors. The top three institutional holders of ROST stocks are: VANGUARD GROUP INC with ownership of 31,108,294, which is approximately 0.252% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 25,042,986 shares of the stock with an approximate value of $3.05 billion in ROST stocks shares; and FMR LLC, currently with $2.56 billion in ROST stock with ownership of nearly -0.086% of the company’s market capitalization.
Positions in Ross Stores Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 423 institutional holders increased their position in Ross Stores Inc. [NASDAQ:ROST] by around 12,703,111 shares. Additionally, 391 investors decreased positions by around 20,811,955 shares, while 143 investors held positions by with 277,795,488 shares. The mentioned changes placed institutional holdings at 311,310,554 shares, according to the latest SEC report filing. ROST stock had 120 new institutional investments in for a total of 2,436,635 shares, while 42 institutional investors sold positions of 1,676,967 shares during the same period.