Ross Stores Inc (ROST, Financial), a renowned off-price apparel and home fashion chain in the United States, operates under two brands: Ross Dress for Less and DD's DISCOUNTS. The company offers a variety of name-brand and designer apparel, accessories, footwear, and home fashions at prices significantly lower than department and specialty stores.
According to a recent SEC filing, Brian Morrow, President and Chief Merchandising Officer of DD's DISCOUNTS, a subsidiary of Ross Stores Inc, sold 10,734 shares of the company on March 27, 2024. The transaction was executed at an average price of $146 per share, resulting in a total value of $1,567,164.
Over the past year, the insider has sold a total of 36,679 shares of Ross Stores Inc and has not made any purchases of the stock.
The insider transaction history for Ross Stores Inc reveals a pattern of insider sales over the past year, with 11 recorded sells and no insider buys.
Shares of Ross Stores Inc were trading at $146 on the day of the insider's recent sale, giving the company a market cap of $49.409 billion. The price-earnings ratio of the company stands at 26.40, which is above both the industry median of 18.23 and the historical median price-earnings ratio for Ross Stores Inc.
The stock's price-to-GF-Value ratio is 1.13, with a GF Value of $129.15, indicating that Ross Stores Inc is modestly overvalued according to GuruFocus's valuation model. The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
