Ross Stores, Inc. [NASDAQ: ROST] closed the trading session at $151.76.
The stocks have a year to date performance of 9.66 percent and weekly performance of -1.02 percent. The stock has been moved at 1.74 percent over the last six months. The stock has performed 11.54 percent around the most recent 30 days and changed 7.68 percent over the most recent 3-months.
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If compared to the average trading volume of 2.26M shares, ROST reached to a volume of 2863732 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 $173.99 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 1.72. 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 August 23, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group raised their target price from $135 to $160. The new note on the price target was released on March 06, 2024, representing the official price target for Ross Stores, Inc. stock. Previously, the target price had yet another raise from $85 to $142, while UBS kept a Neutral rating on ROST stock.
The Average True Range (ATR) for Ross Stores, Inc. is set at 3.19, with the Price to Sales ratio for ROST stock in the period of the last 12 months amounting to 2.40. The Price to Book ratio for the last quarter was 10.24, with the Price to Cash per share for the same quarter was set at 14.04. Price to Free Cash Flow for ROST in the course of the last twelve months was 31.13 with Quick ratio for the last quarter at 1.05.
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 -1.02. With this latest performance, ROST shares gained by 11.54% in over the last four-week period, additionally plugging by 1.74% over the last 6 months – not to mention a rise of 24.70% 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 59.11, with the RSI for the last a single of trading hit 59.03, and the three-weeks RSI is set at 58.27 for Ross Stores, Inc. [ROST]. The present Moving Average for the last 50 days of trading for this stock 145.91, while it was recorded at 151.15 for the last single week of trading, and 140.75 for the last 200 days.
Ross Stores, Inc. [ROST]: An insightful look at the core fundamentals
Ross Stores, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.05 and a Current Ratio set at 1.56.
Earnings per share (EPS) analysis for Ross Stores, Inc. [ROST] stock
With the latest financial reports released by the company, Ross Stores, Inc. posted 1.33/share EPS, while the average EPS was predicted by analysts to be reported at 1.22/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.11. 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 9.93%.
Ross Stores, Inc. [ROST]: Institutional Ownership
There are presently around $91.27%, or 93.23%% of ROST stock, in the hands of institutional investors. The top three institutional holders of ROST stocks are: VANGUARD GROUP INC with ownership of 29.28 million shares, which is approximately 8.8391%. BLACKROCK INC., holding 24.92 million shares of the stock with an approximate value of $$3.62 billion in ROST stocks shares; and BLACKROCK INC., currently with $$2.31 billion in ROST stock with ownership which is approximately 4.801%.
