Ross Stores, Inc [ROST] stock is trading at $142.33, up 1.33%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ROST shares have gain 0.20% over the last week, with a monthly amount drifted -3.69%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Ross Stores, Inc [NASDAQ: ROST] stock has seen the most recent analyst activity on November 12, 2024, when Citigroup downgraded its rating to a Neutral and also revised its price target to $152 from $179. Previously, Telsey Advisory Group reaffirmed its Market Perform rating on August 23, 2024, and elevated its price target to $175. On March 06, 2024, Telsey Advisory Group reiterated its Market Perform rating and revised its price target to $160 on the stock. UBS upgraded its rating to a Neutral and increased its price target to $142 on February 23, 2024. Cleveland Research upgraded its rating to a Buy. Evercore ISI started tracking with a Outperform rating for this stock on November 07, 2023, and assigned it a price target of $140. In a note dated November 03, 2023, Gordon Haskett upgraded an Buy rating on this stock but restated the target price of $135.
Ross Stores, Inc [ROST] stock has fluctuated between $119.73 and $163.60 over the past year. Currently, Wall Street analysts expect the stock to reach $154.52 within the next 12 months. Ross Stores, Inc [NASDAQ: ROST] shares were valued at $142.33 at the most recent close of the market. An investor can expect a potential return of 8.56% based on the average ROST price forecast.
Analyzing the ROST fundamentals
Ross Stores, Inc [NASDAQ:ROST] reported sales of 21.09B for the trailing twelve months, which represents a growth of 7.15%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.42 and Total Capital is 0.26. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.61.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 140.08 points at the first support level, and at 137.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 144.43, and for the 2nd resistance point, it is at 146.54.
Ratios To Look Out For
For context, Ross Stores, Inc’s Current Ratio is 1.56. Further, the Quick Ratio stands at 1.05, while the Cash Ratio is 0.96. Considering the valuation of this stock, the price to sales ratio is 2.24, the price to book ratio is 9.21 and price to earnings (TTM) ratio is 22.95.
Transactions by insiders
Recent insider trading involved Hartshorn Michael J., GROUP PRESIDENT, COO, that happened on Sep 16 ’24 when 8366.0 shares were sold. Officer, MICHAEL HARTSHORN completed a deal on Sep 16 ’24 to buy 8366.0 shares. Meanwhile, EXECUTIVE CHAIRMAN BALMUTH MICHAEL sold 14887.0 shares on Sep 05 ’24.
