Ross Stores, Inc. (NASDAQ: ROST) kicked off on Monday, down -1.74% from the previous trading day, before settling in for the closing price of $149.90. Over the past 52 weeks, ROST has traded in a range of $112.39-$163.60.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 8.79%. While this was happening, its average annual earnings per share was recorded 10.63%. With a float of $325.02 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. In terms of profitability, gross margin is 27.83%, operating margin of 12.06%, and the pretax margin is 12.94%.
Ross Stores, Inc. (ROST) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Apparel Retail Industry. The insider ownership of Ross Stores, Inc. is 2.03%, while institutional ownership is 89.27%. The most recent insider transaction that took place on Sep 16 ’24, was worth 1,302,103. In this transaction GROUP PRESIDENT, COO of this company sold 8,366 shares at a rate of $155.64, taking the stock ownership to the 103,049 shares. Before that another transaction happened on Sep 16 ’24, when Company’s Officer proposed sale 8,366 for $155.64, making the entire transaction worth $1,302,103.
Ross Stores, Inc. (ROST) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 7/31/2024, the organization reported 1.33 earnings per share (EPS), higher than consensus estimate (set at 1.22) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.46% 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
Take a look at Ross Stores, Inc.’s (ROST) current performance indicators. Last quarter, stock had a quick ratio of 1.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.32. Likewise, its price to free cash flow for the trailing twelve months is 30.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.20, a number that is poised to hit 1.42 in the next quarter and is forecasted to reach 6.69 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 2.48 million, which is a jump from its year-to-date volume of 2.23 million. As of the previous 9 days, the stock’s Stochastic %D was 84.96%. Additionally, its Average True Range was 2.84.
During the past 100 days, Ross Stores, Inc.’s (ROST) raw stochastic average was set at 41.92%, which indicates a significant decrease from 69.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.39% in the past 14 days, which was higher than the 21.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $149.14, while its 200-day Moving Average is $143.34. However, in the short run, Ross Stores, Inc.’s stock first resistance to watch stands at $149.17. Second resistance stands at $151.06. The third major resistance level sits at $152.46. If the price goes on to break the first support level at $145.88, it is likely to go to the next support level at $144.48. Now, if the price goes above the second support level, the third support stands at $142.59.
Ross Stores, Inc. (NASDAQ: ROST) Key Stats
The company with the Market Capitalisation of 48.86 billion has total of 333,575K Shares Outstanding. Its annual sales at the moment are 20,377 M in contrast with the sum of 1,875 M annual income. Company’s last quarter sales were recorded 5,288 M and last quarter income was 527,150 K.
