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 10, 2025, ROST stock price declined to $151.74 with 2,339,320 million shares trading.

ROST has a market cap of $50.62 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 return of +12.7%, while SPY returned +23.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ROST shares. However, ROST has outperformed the market in the last 3 month and 2 week periods, returning +7.9% and -0.8%, while SPY returned +1.1% and -2.4%, respectively. This indicates ROST has been having a stronger performance recently.

ROST support price is $152.44 and resistance is $156.82 (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.