Ross Stores, Inc. (NASDAQ:ROST) tinted loss of -0.58% (-0.38 points) to US$ 65.31. The volume of 2.18 Million shares climbed down over an trading activity of 2.85 Million shares. EPS ratio determined by looking at last 12 month figures is 2.72. Over the same time span, the stock marked US$ 69.81 as its best level and the lowest price reached was US$ 50.42. The corporation has a market cap of US$ 26.04 Billion.
Ross Stores, Inc. (NASDAQ:ROST)’s earnings per share has been growing at a 16.8 percent rate over the past 5 year when average revenue increase was noted as 8.7 percent. The return on equity ratio or ROE stands at 42.1 percent while most common profitability ratio return on investment (ROI) was 36 percent. The company’s institutional ownership is monitored at 91.1 percent. The company’s net profit margin has achieved the current level of 8.6 percent and possesses 28.4 percent gross margin.
FT reports, The 24 analysts offering 12 month price targets for Ross Stores, Inc. have a median target of 70.00, with a high estimate of 85.00 and a low estimate of 59.00. The median estimate represents a 7.18% increase from the last price of 65.31.
Daily Analyst Recommendations
A number of key analysts, polled by FactSet, shared their views about the current stock momentum. The forecast of 16 surveyed investment analysts covering the stock advises investors to Buy stake in the company. At present, 0 analysts call it Sell, while 10 think it is Hold. Recently, analysts have updated the overall rating to 2.1. 1 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data.
The Progressive Corporation (NYSE:PGR) is worth US$ 20.93 Billion and has recently risen 0.53% to US$ 36.03. The latest exchange of 2.15 Million shares is below its average trading activity of 2.96 Million shares. The day began at US$ 35.8 but the price moved to US$ 35.765 at one point during the trading and finally capitulating to a session high of US$ 36.18. The stock tapped a 52-week high of US$ 36.18 while the mean 12-month price target for the shares is US$ 33.36.
Currently, the stock carries a price to earnings ratio of 21.57, a price to book ratio of 2.59, and a price to sales ratio of 0.92. For the past 5 years, the company’s revenue has grown 6.5%, while the company’s earnings per share has grown 6%. With an institutional ownership near 77.7%, it carries an earnings per share ratio of 1.67.
According to Financial Times, The 14 analysts offering 12 month price targets for Progressive Corp have a median target of 33.50, with a high estimate of 40.00 and a low estimate of 28.00. The median estimate represents a -7.02% decrease from the last price of 36.03.
Inside Look At Analysts Reviews
Latest analyst recommendations could offer little help to investors. The stock is a Buy among 5 brokerage firms polled by Factset Research. At present, 12 analysts recommended Holding these shares while 4 recommended sell, according to FactSet data. 0 analysts call it Underweight, while 1 think it is Overweight. Recently, investment analysts covering the stock have updated the mean rating to 2.9.
Analyst Research and Recommendations: Ross Stores, Inc. (NASDAQ:ROST), The Progressive Corporation (NYSE:PGR)
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