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.
  
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.

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

6.02 Billion

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
2005-04-300.080.090.0112 
2005-03-16
2005-02-280.090.08-0.0111 
2005-03-16
2005-01-310.090.08-0.0111 
View All Earnings Estimates

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.
Apparel Idea
Apparel
USA 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 Inc2023-12-31
4.9 M
Massachusetts Financial Services Company2023-12-31
4.7 M
Wellington Management Company Llp2023-12-31
4.7 M
Morgan Stanley - Brokerage Accounts2023-12-31
4.5 M
Amundi2023-12-31
4.1 M
Edgepoint Investment Group, Inc.2023-09-30
4.1 M
Victory Capital Management Inc.2023-12-31
M
Norges Bank2023-12-31
3.8 M
Marshfield Associates2023-09-30
3.5 M
Vanguard Group Inc2023-12-31
28.6 M
Blackrock Inc2023-12-31
27.4 M
Note, although Ross Stores' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

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 ReportedProjected 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 ReportedProjected 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

Execute Study
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.

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 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.

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 ReportedProjected 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 PriceAdvice# of Analysts
128.9Strong Buy24Odds
Ross Stores current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
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 Analyst Advice Details

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 Flow4.6 B
Common Stock Shares Outstanding337.4 M
Total Stockholder Equity4.9 B
Quarterly Earnings Growth Y O Y0.397
Property Plant And Equipment Net6.7 B
Cash And Short Term Investments4.9 B
Cash4.9 B
Accounts PayableB
Net Debt860.8 M
50 Day M A144.8624
Total Current Liabilities4.2 B
Other Operating Expenses18.1 B
Non Current Assets Total6.9 B
Forward Price Earnings25.1256
Non Currrent Assets Other194.7 M
Stock Based Compensation145.5 M
When determining whether Ross Stores is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ross Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ross Stores Stock. Highlighted below are key reports to facilitate an investment decision about Ross Stores Stock:
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.
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
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.