Ross Stores, Inc [ROST] stock is trading at $152.92, up 1.84%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ROST shares have gain 2.90% over the last week, with a monthly amount drifted -0.03%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ross Stores, Inc [NASDAQ: ROST] stock has seen the most recent analyst activity on January 21, 2025, when Morgan Stanley downgraded its rating to a Equal-Weight and also revised its price target to $140 from $164. Previously, Wells Fargo downgraded its rating to Equal Weight on January 10, 2025, and kept the price target unchanged to $165. On January 07, 2025, downgrade downgraded it’s rating to Mkt Perform and revised its price target to $165 on the stock. Citigroup downgraded its rating to a Neutral and decreased its price target to $152 on November 12, 2024. Telsey Advisory Group reiterated its recommendation of a Market Perform and raised its price target to $175 on August 23, 2024. Telsey Advisory Group reiterated a Market Perform rating for this stock on March 06, 2024, and upped its price target to $160. In a note dated February 23, 2024, UBS upgraded an Neutral rating on this stock and boosted its target price from $85 to $142.
Ross Stores, Inc [ROST] stock has fluctuated between $127.53 and $163.60 over the past year. Currently, Wall Street analysts expect the stock to reach $176.56 within the next 12 months. Ross Stores, Inc [NASDAQ: ROST] shares were valued at $152.92 at the most recent close of the market. An investor can expect a potential return of 15.46% based on the average ROST price forecast.
Analyzing the ROST fundamentals
Ross Stores, Inc [NASDAQ:ROST] reported sales of 21.24B for the trailing twelve months, which represents a growth of 2.97%. 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 1.09.
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 151.60 points at the first support level, and at 150.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 153.63, and for the 2nd resistance point, it is at 154.35.
Ratios To Look Out For
For context, Ross Stores, Inc’s Current Ratio is 1.57. Also, the Quick Ratio is 0.98, while the Cash Ratio stands at 0.9. Considering the valuation of this stock, the price to sales ratio is 2.38, the price to book ratio is 9.60 and price to earnings (TTM) ratio is 24.07.
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.
