A look at Ross Stores, Inc.’s (ROST) recent performance gives investors their first glimpse of hope.

A new trading day began on Monday, with Ross Stores, Inc. (NASDAQ: ROST) stock price down -1.91% from the previous day of trading, before settling in for the closing price of $133.61. ROST’s price has ranged from $99.00 to $151.12 over the past 52 weeks.

During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 8.79%. Meanwhile, its annual earnings per share averaged 7.10%. With a float of $328.44 million, this company’s outstanding shares have now reached $335.17 million.

Let’s determine the extent of company efficiency that accounts for 108000 employees.

Ross Stores, Inc. (ROST) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Apparel Retail Industry. The insider ownership of Ross Stores, Inc. is 2.02%, while institutional ownership is 88.55%. The most recent insider transaction that took place on Apr 01 ’24, was worth 5,230. In this transaction PRESIDENT, CMO DD’S DISCOUNTS of this company bought 35 shares at a rate of $147.51, taking the stock ownership to the 65,608 shares. Before that another transaction happened on Mar 28 ’24, when Company’s PRES., CHIEF CAPABILITY OFC’R sold 13,860 for $147.46, making the entire transaction worth $2,043,757. This insider now owns 61,657 shares in total.

Ross Stores, Inc. (ROST) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 7.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.10% during the next five years compared to 5.45% growth over the previous five years of trading.

Ross Stores, Inc. (NASDAQ: ROST) Trading Performance Indicators

Here are Ross Stores, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.16. Likewise, its price to free cash flow for the trailing twelve months is 25.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.56, a number that is poised to hit 1.35 in the next quarter and is forecasted to reach 6.56 in one year’s time.

Technical Analysis of Ross Stores, Inc. (ROST)

Looking closely at Ross Stores, Inc. (NASDAQ: ROST), its last 5-days average volume was 2.56 million, which is a jump from its year-to-date volume of 2.01 million. As of the previous 9 days, the stock’s Stochastic %D was 35.67%. Additionally, its Average True Range was 2.49.

During the past 100 days, Ross Stores, Inc.’s (ROST) raw stochastic average was set at 4.23%, which indicates a significant decrease from 8.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.26% in the past 14 days, which was higher than the 15.09% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $142.47, while its 200-day Moving Average is $128.97. However, in the short run, Ross Stores, Inc.’s stock first resistance to watch stands at $132.97. Second resistance stands at $134.88. The third major resistance level sits at $136.28. If the price goes on to break the first support level at $129.66, it is likely to go to the next support level at $128.26. Should the price break the second support level, the third support level stands at $126.35.

Ross Stores, Inc. (NASDAQ: ROST) Key Stats

With a market capitalization of 43.95 billion, the company has a total of 336,700K Shares Outstanding. Currently, annual sales are 20,377 M while annual income is 1,875 M. The company’s previous quarter sales were 6,023 M while its latest quarter income was 609,680 K.