ROST Stock Summary and Trading Ideas (Ross Stores | NASDAQ:ROST)

Ross Stores operates as an off-price apparel and accessories retailer with the majority of its sales derived from its Ross Dress for Less banner. The company opportunistically procures excess brand-name merchandise made available via manufacturing overruns and retail liquidation sales at a 20%-60% discount to full prices. As such, its stores are often filled with a vast array of stock-keeping units, each with minimal product depth that creates a treasure hunt shopping experience. The firm's more than 1,750 Ross Dress for Less stores are primarily located in densely populated suburban communities and typically serve middle-income consumers. Ross also operates about 350 DD's Discounts chains targeting lower-income shoppers.

Ross Stores trades on the NASDAQ stock market under the symbol ROST.

As of January 27, 2025, ROST stock price climbed to $149.37 with 92,952 million shares trading.

ROST has a beta of 0.88, meaning it tends to be less sensitive to market movements. ROST has a correlation of 0.29 to the broad based SPY ETF.

ROST has a market cap of $49.83 billion. This is considered a Large Cap stock.

Last quarter Ross Stores reported $5 billion in Revenue and $1.48 earnings per share. This fell short of revenue expectation by $-75 million and exceeded earnings estimates by $.08.

In the last 3 years, ROST traded as high as $163.60 and as low as $69.24.

The top ETF exchange traded funds that ROST belongs to (by Net Assets): VTI, VOO, QQQ, SPY, IVV.

ROST has underperformed the market in the last year with a price return of +8.7% while the SPY ETF gained +24.6%. However, in the short term, ROST had mixed performance relative to the market. It has outperformed in the last 3 months, returning +3.7% vs +3.5% return in SPY. But in the last 2 weeks, ROST shares have been beat by the market, returning -1.6% compared to an SPY return of +3.0%.

ROST support price is $147.04 and resistance is $151.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ROST shares will trade within this expected range on the day.