Is Ross Stores Stock a Good Investment?
Ross Stores Investment Advice | ROST |
- Examine Ross Stores' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Ross Stores' leadership team and their track record. Good management can help Ross Stores navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Specialty Retail space and any emerging trends that could impact Ross Stores' business and its evolving consumer preferences.
- Compare Ross Stores' performance and market position to its competitors. Analyze how Ross Stores is positioned in terms of product offerings, innovation, and market share.
- Check if Ross Stores pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Ross Stores' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Ross Stores stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Ross Stores is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Ross Stores Stock
Researching Ross Stores' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 91.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.29. 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.
To determine if Ross Stores is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Ross Stores' research are outlined below:
| Ross Stores generated a negative expected return over the last 90 days | |
| Over 91.0% of the company shares are owned by institutional investors | |
| Latest headline from aol.com: Discount retailer to open another Sacramento-area store. Heres what we know so far |
Ross Stores Quarterly Good Will |
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Ross Stores uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Ross Stores. Every quarterly earnings report provides investors with 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 |
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. Below are the table of largest EPS Surprises Ross Stores' investors have experienced.
| 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 | ||
2004-11-16 | 2004-10-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2004-11-16 | 2004-08-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2001-08-22 | 2001-07-31 | 0.05 | 0.06 | 0.01 | 20 | ||
2001-08-22 | 2001-05-31 | 0.05 | 0.06 | 0.01 | 20 | ||
2000-11-15 | 2000-10-31 | 0.04 | 0.05 | 0.01 | 25 |
Ross Stores Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Ross target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Ross Stores' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 24 | Strong Buy |
Most Ross analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Ross stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Ross Stores, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationRoss Stores Target Price Projection
Ross Stores' current and average target prices are 133.61 and 128.90, respectively. The current price of Ross Stores is the price at which Ross Stores is currently trading. On the other hand, Ross Stores' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Ross Stores Market Quote on 27th of April 2024
Target Price
Analyst Consensus On Ross Stores Target Price
Ross Stores Analyst Ratings
Ross Stores' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Ross Stores stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Ross Stores' financials, market performance, and future outlook by experienced professionals. Ross Stores' historical ratings below, therefore, can serve as a valuable tool for investors.Know Ross Stores' Top 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 Stores' market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 44.63 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.Market Cap |
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Ross Stores' profitablity analysis
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.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.20 | |
| Return On Capital Employed | 0.23 | 0.49 | |
| Return On Assets | 0.13 | 0.20 | |
| Return On Equity | 0.38 | 0.41 |
Determining Ross Stores' profitability involves analyzing its financial statements and using various financial metrics to determine if Ross Stores is a good buy. For example, gross profit margin measures Ross Stores' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Ross Stores' profitability and make more informed investment decisions.
The data published in Ross Stores' official financial statements usually reflect Ross Stores' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Ross Stores. For example, before you start analyzing numbers published by Ross accountants, it's critical to develop an understanding of what Ross Stores' liquidity, profitability, and earnings quality are in the context of the Specialty Retail space in which it operates.
Please note, the presentation of Ross Stores' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ross Stores' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Ross Stores' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ross Stores. Please utilize our Beneish M Score to check the likelihood of Ross Stores' management manipulating its earnings.
Evaluate Ross Stores' 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 Tangible Assets is likely to gain to 0.20 in 2024. Return On Capital Employed is likely to gain to 0.49 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, whereas Non Current Liabilities Other is likely to drop slightly above 10.2 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 14.53 | 5.51 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 14.53 | 5.50 | |
| Enterprise Value Over EBITDA | 17.98 | 10.84 | |
| Price Book Value Ratio | 9.89 | 8.32 | |
| Enterprise Value Multiple | 17.98 | 10.84 | |
| Price Fair Value | 9.89 | 8.32 | |
| Enterprise Value | 1.4 B | 858.3 M |
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 0.0111 | Forward Dividend Yield 0.0111 | Forward Dividend Rate 1.47 | Beta 1.043 |
Basic technical analysis of Ross Stock
As of the 27th of April, Ross Stores holds the Variance of 0.8618, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,382). 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 thirteen technical drivers for Ross Stores, which can be compared to its competitors. Please check Ross Stores risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Ross Stores is priced some-what accurately, providing market reflects its current price of 133.61 per share. Given that Ross Stores has information ratio of (0.17), 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' 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 month 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 Corporate 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 |
Understand Ross Stores' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Ross Stores' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.49) | |||
| Mean Deviation | 0.7062 | |||
| Coefficient Of Variation | (1,382) | |||
| Standard Deviation | 0.9284 | |||
| Variance | 0.8618 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.50) | |||
| Maximum Drawdown | 4.84 | |||
| Value At Risk | (1.50) | |||
| Potential Upside | 1.5 | |||
| Skewness | 0.016 | |||
| Kurtosis | 0.5377 |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.49) | |||
| Mean Deviation | 0.7062 | |||
| Coefficient Of Variation | (1,382) | |||
| Standard Deviation | 0.9284 | |||
| Variance | 0.8618 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.50) | |||
| Maximum Drawdown | 4.84 | |||
| Value At Risk | (1.50) | |||
| Potential Upside | 1.5 | |||
| Skewness | 0.016 | |||
| Kurtosis | 0.5377 |
Consider Ross Stores' intraday 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 | 40538.18 | |||
| Daily Balance Of Power | 0.5252 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 132.91 | |||
| Day Typical Price | 133.14 | |||
| Price Action Indicator | 1.43 | |||
| Period Momentum Indicator | 1.46 |
Ross Stores Corporate Filings
| 24th of April 2024 Other Reports | ViewVerify | |
| 9th of April 2024 Other Reports | ViewVerify | |
F3 | 3rd of April 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
10K | 2nd of April 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
Ross Stock media impact
Far too much social signal, news, headlines, and media speculation about Ross Stores that are available to investors today. That information is available publicly through Ross media outlets and privately through word of mouth or via Ross internal channels. However, regardless of the origin, that massive amount of Ross data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Ross Stores news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Ross Stores relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Ross Stores' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Ross Stores alpha.
Ross Stores Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Ross Stores can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Ross Stores Historical Investor Sentiment
Investor biases related to Ross Stores' public news can be used to forecast risks associated with an investment in Ross. The trend in average sentiment can be used to explain how an investor holding Ross can time the market purely based on public headlines and social activities around Ross Stores. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ross Stores' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ross Stores and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Ross Stores news discussions. The higher the estimate score, the more favorable the investor's outlook on Ross Stores.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ross Stores without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Ross Stores Corporate Directors
Ross Stores corporate directors refer to members of a Ross Stores board of directors. The board of directors generally takes responsibility for the Ross Stores' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Ross Stores' board members must vote for the resolution. The Ross Stores board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Michael Bush | Independent Director | Profile | |
| Gregory Quesnel | Independent Director | Profile | |
| Stephen Milligan | Independent Director | Profile | |
| Sharon Garrett | Independent Director | Profile |
How to buy Ross Stock?
To provide specific investment advice or recommendations on Ross Stores stock, we recommend investors consider the following general factors when evaluating Ross Stores. This will help you to make an informed decision on whether to include Ross Stores in one of your diversified portfolios:- Examine Ross Stores' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Ross Stores' leadership team and their track record. Good management can help Ross Stores navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Specialty Retail space and any emerging trends that could impact Ross Stores' business and its evolving consumer preferences.
- Compare Ross Stores' performance and market position to its competitors. Analyze how Ross Stores is positioned in terms of product offerings, innovation, and market share.
- Check if Ross Stores pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Ross Stores' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Ross Stores stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Ross Stores is a good investment.
Already Invested in Ross Stores?
The danger of trading Ross Stores is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ross Stores is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ross Stores. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ross Stores is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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 0.401 | 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.
In summary, please note that there is a difference between Ross Stores' value and its price, as these two are different measures arrived at by various 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.