You need $ROST to spell PROFITSKey Stats
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.