With 2.68 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.65 million shares. During the session, the Apparel Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $155.21 whereas the lowest price it dropped to was $151.43. The 52-week range on ROST shows that it touched its highest point at $163.60 and its lowest point at $127.53 during that stretch. It currently has a 1-year price target of $172.89. With its current market cap of 50.00 billion, ROST has annualized dividend of $1.47 while the current yield stands at 0.97%. Beta for the stock currently stands at 1.11.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ROST was up-trending over the past week, with a rise of 0.04%, but this was down by -3.22% over a month. Three-month performance surged to 8.16% while six-month performance rose 3.22%. The stock gained 12.68% in the past year, while it has gained 0.19% so far this year. A look at the trailing 12-month EPS for ROST yields 6.35 with Next year EPS estimates of 6.70. For the next quarter, that number is 1.65. This implies an EPS growth rate of 11.25% for this year and 8.37% for next year. EPS is expected to grow by 9.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.45%.
Float and Shares Shorts:
At present, 330.26 million ROST shares are outstanding with a float of 321.31 million shares on hand for trading. On 2024-10-31, short shares totaled 4.7 million, which was 141.99999 higher than short shares on 1727654400. In addition to Mr. Michael Balmuth as the firm’s Executive Chairman of the Board, Ms. Barbara Rentler serves as its Vice Chairman & CEO.
Institutional Ownership:
Through their ownership of 0.91810995 of ROST’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-08-03, ROST reported revenue of $5071354000.0 and operating income of $604216000.0. The EBITDA in the recently reported quarter was $773941000.0 and diluted EPS was $1.48.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ROST since 21 analysts follow the stock currently. There are 16 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ROST analysts setting a high price target of 190.0 and a low target of 124.09, the average target price over the next 12 months is 168.38524. Based on these targets, ROST could surge 25.36% to reach the target high and fall by -18.12% to reach the target low. Reaching the average price target will result in a growth of 11.1% from current levels.
Analysts have provided yearly estimates in a range of $5.4948 being high and $5.35391 being low. For ROST, this leads to a yearly average estimate of $5.40423.
