Ross Stores Inc. (NASDAQ: ROST) is -23.13% lower on its value in year-to-date trading and has touched a low of $69.24 and a high of $123.36 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ROST stock was last observed hovering at around $88.30 in the last trading session, with the day’s loss setting it -0.45% off its average median price target of $99.00 for the next 12 months. It is also 26.79% off the consensus price target high of $120.00 offered by 24 analysts, but current levels are -25.5% lower than the price target low of $70.00 for the same period.
Currently trading at $87.85, the stock is -1.84% and 2.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.3 million and changing -0.51% at the moment leaves the stock -4.51% off its SMA200. ROST registered -22.82% loss for a year compared to 6-month loss of -4.18%.
The stock witnessed a -0.30% gain in the last 1 month and extending the period to 3 months gives it a 20.66%, and is -1.80% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.94% over the week and 3.06% over the month.
Ross Stores Inc. (ROST) has around 100000 employees, a market worth around $30.26B and $18.51B in sales. Current P/E ratio is 20.84 and Fwd P/E is 18.69. Profit margin for the company is 8.00%. Distance from 52-week low is 26.88% and -28.79% from its 52-week high. The company has generated returns on investments over the last 12 months (27.60%).
Ross Stores Inc. (ROST) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Ross Stores Inc. (ROST) is a “Overweight”. 24 analysts offering their recommendations for the stock have an average rating of 2.30, where 11 rate it as a Hold and 3 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to shrink by -9.20% this year
Ross Stores Inc. (ROST) Top Institutional Holders
The shares outstanding are 344.88M, and float is at 342.96M with Short Float at 2.09%.
Ross Stores Inc. (ROST) Insider Activity
A total of 17 insider transactions have happened at Ross Stores Inc. (ROST) in the last six months, with sales accounting for 4 and purchases happening 13 times. The most recent transaction is an insider sale by BUSH MICHAEL J, the company’s Director. SEC filings show that BUSH MICHAEL J sold 1,000 shares of the company’s common stock on Jun 08 at a price of $81.46 per share for a total of $81456.0. Following the sale, the insider now owns 34496.0 shares.
Ross Stores Inc. (ROST): Who are the competitors?
The company’s main competitors (and peers) include Amazon.com Inc. (AMZN) that is trading -29.10% down over the past 12 months and Target Corporation (TGT) that is -34.10% lower over the same period. The TJX Companies Inc. (TJX) is -9.14% down on the 1-year trading charts.