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 |
Cautious Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes 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 92.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.06. Ross Stores recorded earning per share (EPS) of 6.35. The entity last dividend was issued on the 10th of December 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:
| Over 92.0% of the company shares are owned by institutional investors | |
| Latest headline from pymnts.com: Best Buy Revenues Dip as Consumers Await Deals and Sales |
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 |
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 | Amundi | 2024-06-30 | 4.7 M | Goldman Sachs Group Inc | 2024-06-30 | 4.6 M | Franklin Resources Inc | 2024-09-30 | 4.4 M | Norges Bank | 2024-06-30 | 4.1 M | Massachusetts Financial Services Company | 2024-09-30 | 4 M | Amvescap Plc. | 2024-06-30 | 3.9 M | Marshfield Associates | 2024-09-30 | 3.9 M | Victory Capital Management Inc. | 2024-09-30 | 3.4 M | Northern Trust Corp | 2024-09-30 | 3.2 M | Vanguard Group Inc | 2024-09-30 | 29.4 M | Blackrock Inc | 2024-06-30 | 24.9 M |
Ross Stores' market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 51.22 B.Market Cap |
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Ross Stores' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.13 | 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.
Please note, 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. Check Ross Stores' Beneish M Score to see the likelihood of Ross Stores' management manipulating its earnings.
Evaluate Ross Stores' management efficiency
Ross Stores has return on total asset (ROA) of 0.111 % which means that it generated a profit of $0.111 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4324 %, meaning that it created $0.4324 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 | |
| Tangible Book Value Per Share | 14.53 | 5.50 | |
| Enterprise Value Over EBITDA | 16.53 | 10.84 | |
| Price Book Value Ratio | 9.89 | 8.32 | |
| Enterprise Value Multiple | 16.53 | 10.84 | |
| Price Fair Value | 9.89 | 8.32 | |
| Enterprise Value | 1.4 B | 858.3 M |
Leadership at Ross Stores emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Dividend Yield 0.0103 | Forward Dividend Yield 0.0103 | Forward Dividend Rate 1.47 | Beta 1.1 |
Basic technical analysis of Ross Stock
As of the 28th of November, Ross Stores holds the Semi Deviation of 1.5, coefficient of variation of 9154.29, and Risk Adjusted Performance of 0.0132. 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.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.
Adam Orvos over two weeks ago Acquisition by Adam Orvos of 9172 shares of Ross Stores subject to Rule 16b-3 | ||
Michael Hartshorn over two months ago Disposition of 8366 shares by Michael Hartshorn of Ross Stores at 155.6422 subject to Rule 16b-3 | ||
Michael Hartshorn over six months ago Disposition of 21056 shares by Michael Hartshorn of Ross Stores at 145.14 subject to Rule 16b-3 | ||
Michael Hartshorn over six months ago Disposition of 21056 shares by Michael Hartshorn of Ross Stores at 145.14 subject to Rule 16b-3 | ||
Barbara Rentler over a year ago Sale by Barbara Rentler of 20000 shares of Ross Stores | ||
Barbara Rentler over a year 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.
| 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 | |
| MPLX LP 52 Corp BondUS55336VAL45 | 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 | 0.0132 | |||
| Market Risk Adjusted Performance | 0.024 | |||
| Mean Deviation | 1.11 | |||
| Semi Deviation | 1.5 | |||
| Downside Deviation | 1.53 | |||
| Coefficient Of Variation | 9154.29 | |||
| Standard Deviation | 1.48 | |||
| Variance | 2.18 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.014 | |||
| Maximum Drawdown | 6.21 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 2.46 | |||
| Downside Variance | 2.35 | |||
| Semi Variance | 2.26 | |||
| Expected Short fall | (1.06) | |||
| Skewness | 0.2091 | |||
| Kurtosis | 1.25 |
| Risk Adjusted Performance | 0.0132 | |||
| Market Risk Adjusted Performance | 0.024 | |||
| Mean Deviation | 1.11 | |||
| Semi Deviation | 1.5 | |||
| Downside Deviation | 1.53 | |||
| Coefficient Of Variation | 9154.29 | |||
| Standard Deviation | 1.48 | |||
| Variance | 2.18 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.014 | |||
| Maximum Drawdown | 6.21 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 2.46 | |||
| Downside Variance | 2.35 | |||
| Semi Variance | 2.26 | |||
| Expected Short fall | (1.06) | |||
| Skewness | 0.2091 | |||
| Kurtosis | 1.25 |
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.
Ross Stores Corporate Filings
8K | 21st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 18th of September 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 |
10Q | 11th of September 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | 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.
Ross Stores Corporate Executives
Elected by the shareholders, the Ross Stores' board of directors comprises two types of representatives: Ross Stores inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ross. The board's role is to monitor Ross Stores' management team and ensure that shareholders' interests are well served. Ross Stores' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ross Stores' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Adam Orvos | Executive CFO | Profile | |
| Michael Hartshorn | CFO and Group Sr. VP | Profile |
Additional 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.