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ROST
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
44.75B

ROST Price Prediction, Ross Stores AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for ROST with price predictions
07:00 PM EST Dec 03, 2023

ROST's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for ROST turned positive on October 31, 2023. Looking at past instances where ROST's MACD turned positive, the stock continued to rise in of 54 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on ROST as a result. In of 99 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

ROST moved above its 50-day moving average on October 31, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for ROST crossed bullishly above the 50-day moving average on November 03, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ROST advanced for three days, in of 340 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 250 cases where ROST Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ROST declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

ROST broke above its upper Bollinger Band on November 21, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. ROST’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: ROST's P/B Ratio (9.764) is slightly higher than the industry average of (3.834). P/E Ratio (26.220) is within average values for comparable stocks, (99.517). ROST's Projected Growth (PEG Ratio) (1.919) is slightly higher than the industry average of (1.331). Dividend Yield (0.010) settles around the average of (0.032) among similar stocks. P/S Ratio (2.290) is also within normal values, averaging (1.968).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 79, placing this stock slightly better than average.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

A.I. Advisor
published Earnings

ROST is expected to report earnings to rise 21.80% to $1.62 per share on February 27

Ross Stores ROST Stock Earnings Reports
Q1'24
Est.
$1.62
Q4'23
Beat
by $0.11
Q3'23
Beat
by $0.16
Q2'23
Beat
by $0.03
Q1'23
Beat
by $0.07
The last earnings report on November 16 showed earnings per share of $1.33, beating the estimate of $1.22. With 1.86M shares outstanding, the current market capitalization sits at 44.75B.
A.I.Advisor
published Dividends

ROST is expected to pay dividends on December 29, 2023

Ross Stores ROST Stock Dividends
A dividend of $0.34 per share will be paid with a record date of December 29, 2023, and an ex-dividend date of December 04, 2023. The last dividend of $0.34 was paid on September 29. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are TJX Companies (NYSE:TJX), lululemon athletica (NASDAQ:LULU), Gap (The) (NYSE:GPS), Abercrombie & Fitch Co (NYSE:ANF), Foot Locker (NYSE:FL), Guess (NYSE:GES), Stitch Fix (NASDAQ:SFIX).

Industry description

Companies in the apparel and/or footwear retail industry sell clothing, accessories and footwear, for different age groups and genders. The industry’s product categories could range from basics, such as underwear, to luxury items. Some retailers source items from wholesalers or an apparel brand to sell in their stores; some others are licensed to make and market their own retail goods under particular brands. Several companies outsource production of clothing to developing/emerging economies where labor costs are relatively inexpensive. Apparel retail is often influenced by fashion trends, and many companies feel the need to adapt to what’s “in vogue” to retain customers and attract new ones. A major disruption in this industry has been the burgeoning trend in digital shopping – to compete with rapidly growing e-commerce, even traditional retail players are upping the ante on their online platforms. Much of the products’ performance in apparel/footwear retail is cyclical, i.e., economic boom times encourage consumer spending, while recessions induce thriftiness among people. Some large-cap U.S. apparel/footwear retail companies include TJX Companies Inc., Ross Stores, Inc., Lululemon Athletica Inc. and Burlington Stores, Inc.

Market Cap

The average market capitalization across the Apparel/Footwear Retail Industry is 11.59B. The market cap for tickers in the group ranges from 256K to 119.4B. IDEXY holds the highest valuation in this group at 119.4B. The lowest valued company is DESTQ at 256K.

High and low price notable news

The average weekly price growth across all stocks in the Apparel/Footwear Retail Industry was 5%. For the same Industry, the average monthly price growth was 8%, and the average quarterly price growth was 7%. IVDN experienced the highest price growth at 42%, while CTRN experienced the biggest fall at -10%.

Volume

The average weekly volume growth across all stocks in the Apparel/Footwear Retail Industry was -8%. For the same stocks of the Industry, the average monthly volume growth was 21% and the average quarterly volume growth was -36%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 53
P/E Growth Rating: 45
Price Growth Rating: 48
SMR Rating: 59
Profit Risk Rating: 79
Seasonality Score: 18 (-100 ... +100)
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published price charts
A.I. Advisor
published General Information

General Information

an operator of discount clothing chains & sells closeout merchandise

Industry ApparelFootwearRetail

Profile
Fundamentals
Details
Industry
Apparel Or Footwear Retail
Address
5130 Hacienda Drive
Phone
+1 925 965-4400
Employees
101000
Web
https://www.rossstores.com
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ROST and

Correlation & Price change

A.I.dvisor indicates that over the last year, ROST has been loosely correlated with TJX. These tickers have moved in lockstep 66% of the time. This A.I.-generated data suggests there is some statistical probability that if ROST jumps, then TJX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ROST
1D Price
Change %
ROST100%
+0.64%
TJX - ROST
66%
Loosely correlated
-0.53%
BURL - ROST
58%
Loosely correlated
+2.44%
LULU - ROST
50%
Loosely correlated
-1.26%
GPS - ROST
49%
Loosely correlated
-0.86%
AEO - ROST
47%
Loosely correlated
+0.62%
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