NEW YORK (
) hit a new 52-week high Tuesday as it traded at $72.70 compared with its previous 52-Week high of $71.93. Ross Stores is changing hands at $71.71 with 184,981 shares traded as of 10:02 a.m. ET. Average volume has been 1.2 million shares over the past 30 days.
Ross Stores has a market cap of $8.6 billion and is part of the
industry. Shares are up 13.6% year to date as of the close of trading on Friday.
Ross Stores, Inc., together with its subsidiaries, operates two chains of off-price retail apparel and home accessories stores in the United States. The company has a P/E ratio of 16.3, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 23.2.
TheStreet Ratings rates Ross Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, notable return on equity and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full
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