Summary: Ross Stores (NASDAQ:ROST) has made consistent news in both financial activities and corporate governance. It recently reached a new 1-year low prompting questions about its potential sale. The company displayed a mixed picture in its Q4 and fiscal 2024 report, warning of softening sales but also reporting a record $6.32 EPS for 2024. As per SWOT analysis, Ross face transition challenges. In the volatile macro environment, potential upside seems limited. Adding to the corporate events, Ross Stores new CEO has issues to address as Bernstein lowered its price target for ROST to $147. The company has made moves to boost its retail footprint by opening 19 new store locations but seems to be underperforming in comparison to entire consumer discretionary sector. Karen Fleming, CMO of ROST, sold 5,339 of her shares. On investment activities, financial entities like Blueshift Asset Management LLC, Thrivent Financial and Teacher Retirement System of Texas are showing interest by increasing their stakes while some like Cibc World Markets Corp and Primecap Management Co. CA are selling their ROST shares. Overall, despite uncertainties and challenges, Ross Stores still attract investors for its long-term potential.
Ross Stores ROST News Analytics from Thu, 22 Aug 2024 07:00:00 GMT to Sat, 22 Mar 2025 16:29:31 GMT - Rating -3 - Innovation -5 - Information 7 - Rumor -3
