Ross Stores Inc (NASDAQ:ROST) down -1.31% to close at the price of $90.34. The stock has a market capitalization of $32.87 Billion however its outstanding shares are 363.81 Million. The company’s beta value stood at 0.89.
However out of 20 analysts 8 suggest Ross Stores Inc (NASDAQ:ROST) a Strong Buy, 6 suggested Buy, 11 Hold and 0 Sell, while 0 analysts recommend the stock a Strong Sell.
Analysts are expecting average earnings estimates of $1.13 for the current quarter based on the opinion of 25 analysts, relating to high earnings per share estimates of $1.2 and low estimates of $1.04, however Ross Stores Inc (NASDAQ:ROST) reported $0.98 earnings per share for the same quarter last year.
For the current quarter Ross Stores Inc (NASDAQ:ROST) has average revenue estimates of $4.05 Billion, a total number of 22 analysts provided estimations over revenues. However the low revenue estimates for the company are $4 Billion versus high revenue estimates of $4.14 Billion. A year ago the company’s sales were $4070000 while its sales growth yearly estimates for the current quarter are -0.4%.
Ross Stores Inc (NASDAQ:ROST) as of current trade, has shown weekly performance of 7.83% which was maintained at 15.32% in one month period. Year to date performance remained at 8.58%. During the past three months the stock gain -5.78%, however six months performance of the stock remained at 5.14%.
Currently Ross Stores Inc (NASDAQ:ROST)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 92.3%. However the six-month change in the insider ownership was recorded -7.65%, as well as three-month change in the institutional ownership was recorded 0.2%.
The stock is trading -13.43% away from its 52 week high of $104.35 and 22.48% far from the stock’s low point over the past 52 weeks, which was $73.76.
The price-earnings ratio (P/E ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings. Ross Stores Inc (NASDAQ:ROST)’s price to earnings ratio stood at 22.37. A high P/E suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E. A low P/E can indicate either that a company may currently be undervalued or that the company is doing exceptionally well relative to its past trends.
The PEG ratio is used to determine a stock’s value while taking the company’s earnings growth into account, and is considered to provide a more complete picture than the P/E. Ross Stores Inc (NASDAQ:ROST) has a current PEG of 1.86. Ross Stores Inc (NASDAQ:ROST)’s price to sales ratio for trailing twelve month stands at 2.2, whereas its price to book ratio for the most recent quarters is at 10.43. However the company’s price to cash per share for most recent quarter stands at 3.71. Its price to free cash flow for trailing twelve months is 24.36.