Ross Stores, Inc (NASDAQ: ROST) kicked off on Friday, down -0.01% from the previous trading day, before settling in for the closing price of $154.89. Over the past 52 weeks, ROST has traded in a range of $127.53-$163.60.
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A company in the Consumer Cyclical sector has jumped its sales by 8.79% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 11.25%. With a float of $323.41 million, this company’s outstanding shares have now reached $335.17 million.
In an organization with 108000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 28.0%, operating margin of 12.23%, and the pretax margin is 13.1%.
Ross Stores, Inc (ROST) Insider and Institutional Ownership
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 2.52%, while institutional ownership is 88.66%. 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) Latest Financial update
In the latest quarterly report, which was put into the public domain on 10/31/2024, the organization reported 1.82 earnings per share (EPS), higher than consensus estimate (set at 1.65) by 0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.00% 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 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.42. Likewise, its price to free cash flow for the trailing twelve months is 30.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.35, a number that is poised to hit 1.65 in the next quarter and is forecasted to reach 6.71 in one year’s time.
Technical Analysis of Ross Stores, Inc (ROST)
Let’s dig in a bit further. During the last 5-days, its volume was 4.03 million. That was better than the volume of 2.33 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 94.38%. Additionally, its Average True Range was 3.71.
During the past 100 days, Ross Stores, Inc’s (ROST) raw stochastic average was set at 68.91%, which indicates a significant decrease from 94.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.23% in the past 14 days, which was higher than the 23.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $145.32, while its 200-day Moving Average is $143.80. However, in the short run, Ross Stores, Inc’s stock first resistance to watch stands at $155.73. Second resistance stands at $156.60. The third major resistance level sits at $157.51. If the price goes on to break the first support level at $153.96, it is likely to go to the next support level at $153.05. The third support level lies at $152.18 if the price breaches the second support level.
Ross Stores, Inc (NASDAQ: ROST) Key Stats
The company with the Market Capitalisation of 51.37 billion has total of 331,762K 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 5,071 M and last quarter income was 488,810 K.
