Ross Stores, Inc (NASDAQ: ROST) on Friday, plunged -0.08% from the previous trading day, before settling in for the closing price of $156.61. Within the past 52 weeks, ROST’s price has moved between $127.53 and $163.60.
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Consumer Cyclical Sector giant saw their annual sales surged by 8.79% over the last five years. The company achieved an average annual earnings per share of 11.25%. With a float of $323.30 million, this company’s outstanding shares have now reached $331.76 million.
The firm has a total of 108000 workers. Let’s measure their productivity. 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 Activity
Observing investor behavior towards Apparel Retail industry stocks is more important than anything else. The insider ownership of Ross Stores, Inc is 2.55%, while institutional ownership is 88.71%. 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) Earnings and Forecasts
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
Ross Stores, Inc (ROST) is currently performing well based on its current performance indicators. A quick ratio of 0.98 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.44. Likewise, its price to free cash flow for the trailing twelve months is 30.75.
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)
Analysing the last 5-days average volume posted by the [Ross Stores, Inc, ROST], we can find that recorded value of 2.81 million was better than the volume posted last year of 2.34 million. As of the previous 9 days, the stock’s Stochastic %D was 87.89%. Additionally, its Average True Range was 3.37.
During the past 100 days, Ross Stores, Inc’s (ROST) raw stochastic average was set at 74.64%, which indicates a significant decrease from 91.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.73% in the past 14 days, which was higher than the 23.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $145.62, while its 200-day Moving Average is $144.07. Now, the first resistance to watch is $157.79. This is followed by the second major resistance level at $159.09. The third major resistance level sits at $159.85. If the price goes on to break the first support level at $155.73, it is likely to go to the next support level at $154.97. Should the price break the second support level, the third support level stands at $153.67.
Ross Stores, Inc (NASDAQ: ROST) Key Stats
Market capitalization of the company is 51.87 billion based on 331,762K outstanding shares. Right now, sales total 20,377 M and income totals 1,875 M. The company made 5,071 M in profit during its latest quarter, and 488,810 K in sales during its previous quarter.
