You need $ROST to spell PROFITS
Key Stats
Top 3 Technical Reasons ROST Will Increase:
Top 3 Fundamental Reasons ROST Will Increase:
Potential Paths to Profit:
Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
- Current Price: $154.87
- 52-Week Range: $113.77 - $159.16
- P/E Ratio: 24.38 (moderate valuation for retail)
- Market Cap: 51.38B
- Revenue Growth: +5.8% forecasted YoY for FY 2025
- Next Earnings Date: March 4 2025
Top 3 Technical Reasons ROST Will Increase:
- Breakout Setup: The stock recently hit a resistance level at $155, forming a bullish continuation pattern. With strong volume, it could rally toward $190 over the next year.
- Golden Cross Signal: The 50-day MA recently crossed above the 200-day MA, a classic bullish indicator.
- RSI Momentum: Currently hovering, indicating bullish momentum without being overbought.
Top 3 Fundamental Reasons ROST Will Increase:
- Steady Revenue Growth: Analysts forecast 5.8% revenue growth for FY 2025, driven by store expansion and strong discount retail performance in economic slowdowns.
- EPS Projections: EPS is expected to grow by 8.2% next year, reflecting strong operational efficiency.
- Defensive Industry Positioning: As a leading off-price retailer, Ross Stores thrives in economic uncertainty, attracting value-conscious consumers
Potential Paths to Profit:
- Lowest Risk: Purchase shares directly and hold until the target price of $190 is reached.
- Buy LEAPS Jan 2026 $160 calls (current premium ~$15) for long-term upside.
- Bull Call Spread: Buy the $160 call and sell the $190 call for a cost-efficient play.
- Covered Calls: Own the stock and sell $190 calls expiring in mid-2025 for income while waiting for appreciation.
Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.