The price of Ross Stores, Inc (NASDAQ:ROST) shares last traded on Wall Street rose 4.57% to $129.18.
ROST stock price is now -7.61% away from the 50-day moving average and -11.22% away from the 200-day moving average. The market capitalization of the company currently stands at $42.62B.
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With the price target reduced from $175 to $150, Telsey Advisory Group maintained Market Perform rating for Ross Stores, Inc (NASDAQ: ROST). On January 21, 2025, Morgan Stanley Downgraded its previous ‘Overweight’ rating to ‘Equal-Weight’ on the stock reducing its target price from $164 to quote $140, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, MICHAEL HARTSHORN, Officer bought 7,492 shares of the company’s stock on Mar 24 ’25. The stock was bought for $956,661 at an average price of $127.69. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 17 ’25, PRES, CMO ROSS DRESS FOR LESS Fleming Karen sold 5,339 shares of the business’s stock. A total of $671,272 was realized by selling the stock at an average price of $125.73. This leaves the insider owning 94,063 shares of the company worth $12.15 million. A total of 2.17% of the company’s stock is owned by insiders.
During the past 12 months, Ross Stores, Inc has had a low of $122.36 and a high of $163.60. As of last week, the company has a debt-to-equity ratio of 1.03, a current ratio of 1.62, and a quick ratio of 1.09. According to the stock market information, the enterprise value for the company is $43066175488, which is based on a 20.43 price-to-earnings ratio, a 3.07 price-to-earnings-growth ratio, and a beta of 1.13. The fifty day moving average price for ROST is $139.8238 and a two-hundred day moving average price translates $145.513 for the stock.
The latest earnings results from Ross Stores, Inc (NASDAQ: ROST) was released for 2025-02-01. The net profit margin was 9.89% and return on equity was 40.28% for ROST. The company reported revenue of $5.91 billion for the quarter, compared to $6.02 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.83 percent.
