Ross Stores Stock Today
| ROST Stock | USD 133.77 0.43 0.32% |
Performance0 of 100
| Odds Of DistressLess than 3
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Ross Stores is selling for under 133.77 as of the 23rd of April 2024; that is 0.32 percent up since the beginning of the trading day. The stock's last reported lowest price was 133.06. Ross Stores has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Ross Stores are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | IPO Date 9th of July 1986 | Category Consumer Cyclical | Classification Consumer Discretionary |
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. The company has 335.31 M outstanding shares of which 3.52 M shares are at this time shorted by private and institutional investors with about 1.45 trading days to cover. More on Ross Stores
Moving together with Ross Stock
| 0.86 | HD | Home Depot Financial Report 21st of May 2024 | PairCorr |
Moving against Ross Stock
| 0.58 | LE | Lands End Financial Report 6th of June 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 16th of May 2024
Ross Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ross Stores' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ross Stores or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Ross Stores' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ross Stores' managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO and Director | Barbara Rentler | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Apparel (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Specialty Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NASDAQ 100 Pre, SP 500 Index, Nasdaq 100, NASDAQ Composite, NASDAQ Composite Total, Apparel, Consumer Discretionary, Specialty Retail, Apparel Retail, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Ross Stores report their recommendations after researching Ross Stores' financial statements, talking to executives and customers, or listening in on Ross Stores' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Ross Stores. The Ross consensus assessment is calculated by taking the average forecast from all of the analysts covering Ross Stores. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Ross Stores' liquidity, profitability, solvency, and operating efficiency, Ross Stores is doing better financially then in previous quarter. It has a moderate risk of reporting better financial numbers in May. Financial strength of Ross Stores is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Ross Stores' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ross Stores' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Ross Stores' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Ross Stores' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ross Stores' financial leverage. It provides some insight into what part of Ross Stores' total assets is financed by creditors.
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Ross Stores (ROST) is traded on NASDAQ Exchange in USA. It is located in 5130 Hacienda Drive, Dublin, CA, United States, 94568-7579 and employs 108,000 people. Ross Stores is listed under Specialty Retail category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 44.71 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 Stores conducts business under Specialty Retail sector and is part of Consumer Discretionary industry. The entity has 335.31 M outstanding shares of which 3.52 M shares are at this time shorted by private and institutional investors with about 1.45 trading days to cover.
Ross Stores currently holds about 3.91 B in cash with 2.51 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.42.
Check Ross Stores Probability Of Bankruptcy
Ownership AllocationRoss Stores owns a total of 335.31 Million outstanding shares. The majority of Ross Stores outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Ross Stores to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Ross Stores. Please pay attention to any change in the institutional holdings of Ross Stores as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Ross Ownership Details
Ross Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Ross Stores jumping above the current price in 90 days from now is about 98.0%. The Ross Stores probability density function shows the probability of Ross Stores stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Ross Stores has a beta of 0.9211 indicating Ross Stores market returns are related to returns on the market. As the market goes up or down, Ross Stores is expected to follow. Additionally, ross Stores has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Ross Stores to move above the current price in 90 days from now is about 98.0 (This Ross Stores probability density function shows the probability of Ross Stock to fall within a particular range of prices over 90 days) .
Ross Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Ross Stores that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ross Stores' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ross Stores' value.| Instituion | Recorded On | 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 Historical Income Statement
Ross Stores Income Statement is one of the three primary financial statements used for reporting Ross's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ross Stores revenue and expense. Ross Stores Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Ross Stores' Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 3.4 B in 2024, whereas Reconciled Depreciation is likely to drop slightly above 407 M in 2024. View More FundamentalsRoss Stock Against Markets
Picking the right benchmark for Ross Stores stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ross Stores stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ross Stores is critical whether you are bullish or bearish towards Ross Stores at a given time. Please also check how Ross Stores' historical prices are related to one of the top price index indicators.
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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?
Before investing in Ross Stores, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ross Stores. To buy Ross Stores stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ross Stores. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ross Stores stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ross Stores stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ross Stores stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ross Stores, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy Ross Stock please use our How to Invest in Ross Stores guide.
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 CEOs Directory module to screen CEOs from public companies around the world.
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.
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.