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Ross Stores (ROST)
NASDAQ:ROST
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ROST Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$119.73 - $163.60
Previous Close$142.36
Volume4.31M
Average Volume (3M)2.33M
Market Cap
$47.23B
Enterprise Value$48.43B
Total Cash (Recent Filing)$4.67B
Total Debt (Recent Filing)$5.86B
Price to Earnings (P/E)23.0
Beta0.87
Next Earnings
Nov 21, 2024EPS Estimate
$1.41Last Dividend Ex-Date
Sep 10, 2024Dividend Yield1%
Share Statistics
EPS (TTM)6.20
Shares Outstanding331,762,504
10 Day Avg. Volume2,954,973
30 Day Avg. Volume2,328,587
Standard Deviation0.09
R-Squared0.42
Alpha-0.00438
Financial Highlights & Ratios
Price to Book (P/B)9.08
Price to Sales (P/S)2.24
Price to Cash Flow (P/CF)N/A
P/FCF Ratio363.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.30
Enterprise Value/Gross Profit8.69
Enterprise Value/Ebitda26.26
Forecast
1Y Price Target
$173.57Price Target Upside23.70% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Ross Stores News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceROST posted an across-the-board 2Q beat that surprised to the upside against low-income exposure fears, demonstrating strong financial performance.
LeadershipJames Conroy's appointment as CEO is seen as complementary to Ross Stores' existing leadership, as he brings considerable operating experience and has delivered substantial value to shareholders.
Merchandising StrategyROST's initiative to increase branded merchandise mix across their assortments aims to improve their value proposition to customers, capturing share among a broad base of consumer cohorts.
Bears Say
Financial GuidanceThere were slight concerns around weak exit rate and 3Q guidance risk.
Profit MarginsHigher branded merchandise mix has pressured margins this fiscal year, and headwinds are expected to ramp up given this is a large investment year.
ProfitabilityUncertainty remains as to how much margin recapture ROST can actualize, as brand/better-value initiatives are set to worsen and weigh on profitability.
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Ownership Overview
2.00% Insiders
30.24% Mutual Funds
7.90% Other Institutional Investors
35.58% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services
Website Traffic
The estimated number of people who visited one or more of the websites owned by Ross Stores
Desktop Users
Mobile Users
ROST FAQ
What was Ross Stores’s price range in the past 12 months?
Ross Stores lowest stock price was $119.73 and its highest was $163.60 in the past 12 months.
What is Ross Stores’s market cap?
Currently, no data Available
When is Ross Stores’s upcoming earnings report date?
Ross Stores’s upcoming earnings report date is Nov 21, 2024 which is yesterday.
How were Ross Stores’s earnings last quarter?
Ross Stores released its earnings results on Aug 22, 2024. The company reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.495 by $0.095.
Is Ross Stores overvalued?
According to Wall Street analysts Ross Stores’s price is currently Undervalued.
Does Ross Stores pay dividends?
Ross Stores pays a Quarterly dividend of $0.37 which represents an annual dividend yield of 1%. See more information on Ross Stores dividends here
What is Ross Stores’s EPS estimate?
Ross Stores’s EPS estimate is $1.41.
How many shares outstanding does Ross Stores have?
Ross Stores has 331,762,500 shares outstanding.
What happened to Ross Stores’s price movement after its last earnings report?
Ross Stores reported an EPS of $1.59 in its last earnings report, beating expectations of $1.495. Following the earnings report the stock price went up 1.761%.
Which hedge fund is a major shareholder of Ross Stores?
Among the largest hedge funds holding Ross Stores’s share is PRIMECAP Management Co. It holds Ross Stores’s shares valued at 2B.
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Ross Stores Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$173.57 (23.70% Upside)
$173.57 (23.70% Upside)
Blogger Sentiment
Bullish
ROST Sentiment 92%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 329.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.7%
Last 30 Days ▲ 8.5%
Last 30 Days ▲ 8.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
16.59%
12-Months-Change
Fundamentals
Return on Equity
43.24%
Trailing 12-Months
Asset Growth
4.94%
Trailing 12-Months
Company Description
Ross Stores
California-based Ross Stores, Inc. operates off-price retail apparel and home accessories stores under the Ross Dress for Less and dd's DISCOUNTS brands. Its products include branded and designer apparel, accessories, footwear, and home fashions.
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ROST Earnings Call
Q2 2024
0:00 / 0:00
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ROST Revenue Breakdown
26.00% Home Accents and Bed and Bath
23.00% Ladies
15.00% Men’s
15.00% Accessories, Lingerie, Fine Jewelry, and Cosmetics
21.00% Other
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ROST Stock 12 Month Forecast
Average Price Target
$173.57
▲(23.70% Upside)
Technical Analysis
Best Analysts Covering ROST
1 Year
1 Year Success Rate
16/18 ratings generated profit
1 Year Average Return
+24.19%
reiterated a buy rating 2 months ago
Copying Paul Lejuez's trades and holding each position for 1 Year would result in 88.89% of your transactions generating a profit, with an average return of +24.19% per trade.
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