Ross Stores Inc. [ROST] is -20.65% lower this YTD. Is it still time to buy?

Ross Stores Inc. [NASDAQ: ROST] plunged by -$4.3 during the normal trading session on Thursday and reaching a high of $96.38 during the day while it closed the day at $92.38. Ross Stores Inc. stock has also loss -2.11% of its value over the past 7 days. However, ROST stock has inclined by 42.12% in the 3 months of the year. Over the past six months meanwhile, it has lost -18.83% and lost -20.65% year-on date.

The market cap for ROST stock reached $33.55 billion, with 352.20 million shares outstanding and 347.68 million shares in the current float. Compared to the average trading volume of 3.71M shares, ROST reached a trading volume of 3350844 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to 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 $104.88 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 2.00. 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.

Telsey Advisory Group have made an estimate for Ross Stores Inc. shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on May 22, 2020. The new note on the price target was released on April 28, 2020, representing the official price target for Ross Stores Inc. stock. Previously, the target price had yet another raise from $100 to $110, while Wells Fargo kept a Overweight rating on ROST stock. On March 25, 2020, analysts decreased their price target for ROST shares from 110 to 93.

The Average True Range (ATR) for Ross Stores Inc. is set at 4.27, with the Price to Sales ratio for ROST stock in the period of the last 12 months amounting to 2.38. The Price to Book ratio for the last quarter was 11.55, with the Price to Cash per share for the same quarter was set at 7.35.

ROST stock trade performance evaluation

Ross Stores Inc. [ROST] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.11. With this latest performance, ROST shares gained by 2.77% in over the last four-week period, additionally sinking by -18.83% over the last 6 months – not to mention a drop of -10.64% 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 47.08, with the RSI for the last a single of trading hit 41.59, and the three-weeks RSI is set at 48.08 for Ross Stores Inc. [ROST]. The present Moving Average for the last 50 days of trading for this stock 91.97, while it was recorded at 94.10 for the last single week of trading, and 104.42 for the last 200 days.

Ross Stores Inc. [ROST]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Ross Stores Inc. [ROST] shares currently have an operating margin of +13.38 and a Gross Margin at +28.07. Ross Stores Inc.’s Net Margin is presently recorded at +10.36.

Return on Total Capital for ROST is now 41.02, given the latest momentum, and Return on Invested Capital for the company is 33.55. Return on Equity for this stock inclined to 49.84, with Return on Assets sitting at 20.11. When it comes to the capital structure of this company, Ross Stores Inc. [ROST] has a Total Debt to Total Equity ratio set at 103.83. Additionally, ROST Total Debt to Total Capital is recorded at 50.94, with Total Debt to Total Assets ending up at 33.91. Long-Term Debt to Equity for the company is recorded at 87.03, with the Long-Term Debt to Total Capital now at 42.70.

Reflecting on the efficiency of the workforce at the company, Ross Stores Inc. [ROST] managed to generate an average of $17,956 per employee. Receivables Turnover for the company is 161.24 with a Total Asset Turnover recorded at a value of 1.94.Ross Stores Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.70.

Earnings per share (EPS) analysis for Ross Stores Inc. [ROST] stock

With the latest financial reports released by the company, Ross Stores Inc. posted 1.14/share EPS, while the average EPS was predicted by analysts to be reported at 1.12/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 1.80%. 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 5.56%.

Ross Stores Inc. [ROST]: Insider Ownership positions

There are presently around $29,822 million, or 89.40% of ROST stock, in the hands of institutional investors. The top three institutional holders of ROST stocks are: VANGUARD GROUP INC with ownership of 31,862,348, which is approximately 2.424% of the company’s market cap and around 0.40% of the total institutional ownership; PRICE T ROWE ASSOCIATES INC /MD/, holding 30,005,611 shares of the stock with an approximate value of $2.9 billion in ROST stocks shares; and BLACKROCK INC., currently with $2.46 billion in ROST stock with ownership of nearly 1.608% of the company’s market capitalization.

361 institutional holders increased their position in Ross Stores Inc. [NASDAQ:ROST] by around 30,064,204 shares. Additionally, 532 investors decreased positions by around 33,183,047 shares, while 107 investors held positions by with 245,212,962 shares. The mentioned changes placed institutional holdings at 308,460,213 shares, according to the latest SEC report filing. ROST stock had 86 new institutional investments in for a total of 7,013,638 shares, while 159 institutional investors sold positions of 2,992,259 shares during the same period.

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