Ross Stores Stock Analysis
ROST Stock | USD 146.76 0.43 0.29% |
Ross Stores is overvalued with Real Value of 121.81 and Target Price of 128.9. The main objective of Ross Stores stock analysis is to determine its intrinsic value, which is an estimate of what Ross Stores is worth, separate from its market price. There are two main types of Ross Stores' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Ross Stores' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Ross Stores' stock to identify patterns and trends that may indicate its future price movements.
The Ross Stores stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Ross Stores is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Ross Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Ross Stores' ongoing operational relationships across important fundamental and technical indicators.
Ross |
Ross Stock Analysis Notes
About 91.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.47. Ross Stores recorded earning per share (EPS) of 5.56. The entity last dividend was issued on the 14th of March 2024. The firm had 2:1 split on the 12th of June 2015. Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dds DISCOUNTS brand names. Ross Stores, Inc. was incorporated in 1957 and is headquartered in Dublin, California. Ross Stores operates under Apparel Retail classification in the United States and is traded on NASDAQ Exchange. It employs 100000 people. To find out more about Ross Stores contact Barbara Rentler at 925 965 4400 or learn more at https://www.rossstores.com.Ross Stores Quarterly Total Revenue |
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Ross Stores Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Ross Stores' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Ross Stores or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 91.0% of the company shares are owned by institutional investors | |
Latest headline from zacks.com: Are You a Growth Investor This 1 Stock Could Be the Perfect Pick |
Ross Stores Upcoming and Recent Events
Earnings reports are used by Ross Stores to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ross Stores previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
27th of February 2024 Upcoming Quarterly Report | View | |
16th of May 2024 Next Financial Report | View | |
31st of January 2024 Next Fiscal Quarter End | View | |
27th of February 2024 Next Fiscal Year End | View | |
31st of October 2023 Last Quarter Report | View | |
31st of January 2023 Last Financial Announcement | View |
Ross Largest EPS Surprises
Earnings surprises can significantly impact Ross Stores' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2005-05-18 | 2005-04-30 | 0.08 | 0.09 | 0.01 | 12 | ||
2005-03-16 | 2005-02-28 | 0.09 | 0.08 | -0.01 | 11 | ||
2005-03-16 | 2005-01-31 | 0.09 | 0.08 | -0.01 | 11 |
Ross Stores Thematic Classifications
In addition to having Ross Stores stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
ApparelUSA Equities from Apparel industry as classified by Fama & French |
Ross Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Ross Stores is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ross Stores backward and forwards among themselves. Ross Stores' institutional investor refers to the entity that pools money to purchase Ross Stores' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Franklin Resources Inc | 2023-12-31 | 4.9 M | Massachusetts Financial Services Company | 2023-12-31 | 4.7 M | Wellington Management Company Llp | 2023-12-31 | 4.7 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 4.5 M | Amundi | 2023-12-31 | 4.1 M | Edgepoint Investment Group, Inc. | 2023-09-30 | 4.1 M | Victory Capital Management Inc. | 2023-12-31 | 4 M | Norges Bank | 2023-12-31 | 3.8 M | Marshfield Associates | 2023-09-30 | 3.5 M | Vanguard Group Inc | 2023-12-31 | 28.6 M | Blackrock Inc | 2023-12-31 | 27.4 M |
Ross Market Capitalization
The company currently falls under 'Large-Cap' category with a current market capitalization of 49.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ross Stores's market, we take the total number of its shares issued and multiply it by Ross Stores's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Ross Profitablity
Ross Stores' profitability indicators refer to fundamental financial ratios that showcase Ross Stores' ability to generate income relative to its revenue or operating costs. If, let's say, Ross Stores is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Ross Stores' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Ross Stores' profitability requires more research than a typical breakdown of Ross Stores' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.09 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.12 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.12. Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.23 | 0.26 | |
Return On Assets | 0.13 | 0.10 | |
Return On Equity | 0.38 | 0.22 |
Management Efficiency
Ross Stores has return on total asset (ROA) of 0.1041 % which means that it generated a profit of $0.1041 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4093 %, meaning that it created $0.4093 on every $100 dollars invested by stockholders. Ross Stores' management efficiency ratios could be used to measure how well Ross Stores manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.26 in 2024, whereas Return On Assets are likely to drop 0.10 in 2024. At this time, Ross Stores' Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 15 B in 2024, despite the fact that Change To Liabilities is likely to grow to (543.6 M).Last Reported | Projected for 2024 | ||
Price Book Value Ratio | 9.65 | 10.14 | |
Enterprise Value Multiple | 17.56 | 18.44 | |
Price Fair Value | 9.65 | 10.14 |
The analysis of Ross Stores' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Ross Stores' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Ross Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.01 | Forward Dividend Yield 0.01 | Forward Dividend Rate 1.47 | Beta 1.048 |
Technical Drivers
As of the 29th of March, Ross Stores holds the Semi Deviation of 0.6134, coefficient of variation of 689.26, and Risk Adjusted Performance of 0.0838. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ross Stores, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Ross Stores, which can be compared to its competitors. Please check Ross Stores information ratio and downside variance to decide if Ross Stores is priced some-what accurately, providing market reflects its current price of 146.76 per share. Given that Ross Stores has jensen alpha of 0.0173, we recommend you to check out Ross Stores's recent market performance to make sure the company can sustain itself at a future point.Ross Stores Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Ross Stores middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Ross Stores. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Ross Stores Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ross Stores insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ross Stores' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ross Stores insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Michael Hartshorn over a week ago Disposition of 21056 shares by Michael Hartshorn of Ross Stores at 145.14 subject to Rule 16b-3 | ||
Barbara Rentler over three months ago Sale by Barbara Rentler of 20000 shares of Ross Stores | ||
Barbara Rentler over six months ago Sale by Barbara Rentler of 11866 shares of Ross Stores |
Ross Stores Outstanding Bonds
Ross Stores issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Ross Stores uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Ross bonds can be classified according to their maturity, which is the date when Ross Stores has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
ROSS STORES INC Corp BondUS778296AA10 | View | |
US778296AG89 Corp BondUS778296AG89 | View | |
US778296AF07 Corp BondUS778296AF07 | View | |
ROST 545 15 APR 50 Corp BondUS778296AE32 | View | |
ROST 48 15 APR 30 Corp BondUS778296AD58 | View | |
ROST 47 15 APR 27 Corp BondUS778296AC75 | View | |
US778296AB92 Corp BondUS778296AB92 | View |
Ross Stores Predictive Daily Indicators
Ross Stores intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ross Stores stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 21836.63 | |||
Daily Balance Of Power | (0.26) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 147.27 | |||
Day Typical Price | 147.1 | |||
Price Action Indicator | (0.73) | |||
Period Momentum Indicator | (0.43) |
Ross Stores Corporate Filings
F4 | 26th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 20th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 15th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 14th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 5th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 14th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 13th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 12th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
Ross Stores Forecast Models
Ross Stores' time-series forecasting models are one of many Ross Stores' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ross Stores' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Ross Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Ross Stores prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Ross shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Ross Stores. By using and applying Ross Stock analysis, traders can create a robust methodology for identifying Ross entry and exit points for their positions.
Last Reported | Projected for 2024 | ||
Pretax Profit Margin | 0.12 | 0.07 | |
Operating Profit Margin | 0.11 | 0.07 | |
Net Profit Margin | 0.09 | 0.1 | |
Gross Profit Margin | 0.27 | 0.30 |
Current Ross Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Ross analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Ross analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
128.9 | Strong Buy | 24 | Odds |
Most Ross analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ross stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ross Stores, talking to its executives and customers, or listening to Ross conference calls.
Ross Stock Analysis Indicators
Ross Stores stock analysis indicators help investors evaluate how Ross Stores stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Ross Stores shares will generate the highest return on investment. By understating and applying Ross Stores stock analysis, traders can identify Ross Stores position entry and exit signals to maximize returns.
Begin Period Cash Flow | 4.6 B | |
Common Stock Shares Outstanding | 337.4 M | |
Total Stockholder Equity | 4.9 B | |
Quarterly Earnings Growth Y O Y | 0.397 | |
Property Plant And Equipment Net | 6.7 B | |
Cash And Short Term Investments | 4.9 B | |
Cash | 4.9 B | |
Accounts Payable | 2 B | |
Net Debt | 860.8 M | |
50 Day M A | 144.8624 | |
Total Current Liabilities | 4.2 B | |
Other Operating Expenses | 18.1 B | |
Non Current Assets Total | 6.9 B | |
Forward Price Earnings | 25.1256 | |
Non Currrent Assets Other | 194.7 M | |
Stock Based Compensation | 145.5 M |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ross Stores. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Ross Stock please use our How to Invest in Ross Stores guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Ross Stock analysis
When running Ross Stores' price analysis, check to measure Ross Stores' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ross Stores is operating at the current time. Most of Ross Stores' value examination focuses on studying past and present price action to predict the probability of Ross Stores' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ross Stores' price. Additionally, you may evaluate how the addition of Ross Stores to your portfolios can decrease your overall portfolio volatility.
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Is Ross Stores' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ross Stores. If investors know Ross will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ross Stores listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.397 | Dividend Share 1.34 | Earnings Share 5.56 | Revenue Per Share 60.793 | Quarterly Revenue Growth 0.155 |
The market value of Ross Stores is measured differently than its book value, which is the value of Ross that is recorded on the company's balance sheet. Investors also form their own opinion of Ross Stores' value that differs from its market value or its book value, called intrinsic value, which is Ross Stores' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ross Stores' market value can be influenced by many factors that don't directly affect Ross Stores' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ross Stores' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ross Stores is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ross Stores' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.