Previous close | 77.61 |
Open | 77.36 |
Bid | 0.00 x 900 |
Ask | 0.00 x 800 |
Day's range | 76.60 - 82.57 |
52-week range | 69.75 - 127.58 |
Volume | |
Avg. volume | 3,825,779 |
Market cap | 28.589B |
Beta (5Y monthly) | 0.92 |
PE ratio (TTM) | 18.08 |
EPS (TTM) | 4.50 |
Earnings date | 17 Aug 2022 - 22 Aug 2022 |
Forward dividend & yield | 1.24 (1.60%) |
Ex-dividend date | 06 Jun 2022 |
1y target est | 97.83 |
One trading day after off-price retailer Ross Stores (NASDAQ: ROST) plunged on earnings, the stock was rallying as investors seemed to spy a buying opportunity in the midst of braoder market gains. A Barron's article over the weekend argued that off-price retail stocks look like a bargain after last week's slide, especially since they are well positioned in a slowing economy compared to peers like department stores as consumers tend to shop at off-price chains to save money. The writer, Teresa Rivas, argued that off-price chains could seize the opportunity to grab market share.
Wall Street closed mixed on Friday after witnessing a highly volatile session.
The good news for traders: A U.S. recession is almost fully priced into the stock market. The bad news: It's not 100% priced in, if history is any guide.