Shares repurchase programs are generally an indication that the company's board believes its stock is undervalued. Check out these metrics from Ross' third quarter. Insider Buying: ROST insiders have only sold shares in the past 3 months. Subscriber Agreement & Terms of Use, ROST's revenue (5.5% per year) is forecast to grow slower than 20% per year. Long Term Liabilities: ROST's short term assets ($7.0B) exceed its long term liabilities ($5.4B). Ross Stores, Inc. is engaged in operating two brands of off-price retail apparel and home fashion stores-Ross Dress for Less (Ross) and dd's DISCOUNTS. Some companies that are related to Ross Stores include TJX Companies (TJX), GAP (GPS), Foot Locker (FL), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Buckle (BKE), Guess' (GES), Designer Brands (DBI), Caleres (CAL), Abercrombie & Fitch (ANF), Genesco (GCO), Chico's FAS (CHS), Shoe Carnival (SCVL), Children's Place (PLCE) and Zumiez (ZUMZ). How Is The Market Feeling About Ross Stores? Investors are worried about slowing demand and rising inventory levels. Despite the more than 35% share price decrease in 2022, we believe that the stock is still overvalued, based on a set of traditional price multiples. In-depth profiles and analysis for 20,000 public companies. The firm has been paying out dividend for the last 28 years consecutively, however they have paid only one quarterly dividend in 2020, due to the pandemic. ROST earnings call for the period ending October 30, 2021. DUBLIN, Calif. --(BUSINESS WIRE)--May 18, 2022-- Ross Stores, Inc. (NASDAQ: ROST) announced today that the Companys Board of Directors declared a regular quarterly cash dividend of $0.31 per common share, payable on June 30, 2022 to stockholders of record as of June 7, 2022 . Return vs Market: ROST underperformed the US Market which returned -17.2% over the past year. Target's stock was the weakest of th As part of the store-expansion efforts, Ross Stores (ROST) opens 21 Ross Dress for Less and eight dd's DISCOUNTS stores in 12 states. TJX and 2 Other Retailers That Look Like Bargains Now, Ross Stores shares sink as lower-income shoppers feel the squeeze of inflation. Who are the major shareholders and have insiders been buying or selling? Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Ross Stores recently announced that it would be returning more capital to shareholders. Premarket Movers: Ross Stores, Deckers Outdoor, Palo Alto Networks, Ross Stores Shares Down 26% on 1Q Sales Miss, Ross Stores is latest retailer to disappoint Wall Street, stock falls 16%, Ross Stores Shares Tumble 17% on Declining 1Q Sales, 2Q Sales Forecast, Target's stock plunge casts a pall on retail sector, Ross Stores (ROST) on Track With Expansion Plan, Opens 29 Stores, $1000 Invested In Ross Stores 15 Years Ago Would Be Worth This Much Today, $100 Invested In This Stock 20 Years Ago Would Be Worth $800 Today, Why These Retailers' Stocks Fell This Week. PEG Ratios above 1 indicate that a company could be overvalued. Want to see which stocks are moving? Compensation vs Earnings: Barbara's compensation has been consistent with company performance over the past year. With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! One reason is: dividend. A smaller stock with a relatively low market cap often outperforms a larger company stock with a much higher market cap 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. Chief Executive Officer, Vice Chairman of the Board, Group President, Chief Operating Officer, Director, Chief Financial Officer, Executive Vice President. This figure is also in line with the sector median of the consumer discretionary sector. A low consumer confidence is likely to lead to a spending cut on durable, discretionary, and non-essential products. To see all exchange delays and terms of use please see disclaimer. Earnings for Ross Stores are expected to grow by 14.22% in the coming year, from $4.43 to $5.06 per share. Ross Stores updated its second quarter 2022 earnings guidance on Thursday, June, 16th. Minimum 15 minutes delayed. The apparel retailer can be reached via phone at (925) 965-4400, via email at investor.relations1@ros.com, or via fax at 925-965-4181. The elevated freight costs are a result of the extraordinarily high oil and gas prices, partially driven by the ongoing geopolitical conflict in the Eastern European region. The company's average rating score is 2.69, and is based on 11 buy ratings, 5 hold ratings, and no sell ratings. 2022 Ross Stores, Inc. All rights reserved. For this estimate we use a Discounted Cash Flow model. The consensus among Wall Street analysts is that investors should "buy" Ross Stores stock. ROST earnings call for the period ending May 2, 2020.
Data by YCharts (NASDAQ:ROST).
Valuation ROST's revenue (5.5% per year) is forecast to grow slower than the US market (7.7% per year). EU Rules on Messaging Apps Raise Alarms on Personal Privacy, Sam Bankman-Fried Turns $2 Trillion Crypto Rout Into Buying Opportunity, Half of Hourly Workers Have No Emergency Savings at All, Goldman Veteran Anadu Lands a Top Role at $8 Billion Vistria, Spanish Street Sweepers Get Relief After Platinum Equity Death, Evacuation Order Lifted as Texas Wildfires Burn Amid Heat, BMO Agrees to Buy Canadian Sustainability-Advisory Firm Radicle, Americas Bus Driver Shortage Has Left Transit Systems in Crisis, Bedrock, USA: New Podcast Explores Rise of Extremism in Local Politics, Bitcoin Briefly Rises Above $24,000 for First Time in a Month, Financial Inclusion in Crypto: Jay-Z and Jack Dorseys Bitcoin Academy, Lenders Are Thwarting Digital Currencys Adoption in Nigeria. Revenue vs Market: ROST's revenue (5.5% per year) is forecast to grow slower than the US market (7.7% per year). Ross offers first-quality, in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. High Growth Earnings: ROST's earnings are forecast to grow, but not significantly. Whether youre looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. In the first quarter, comparable store sales were down by as much as 7%. Stock Trading Terms - Stock Terms Every Investor Needs to Know, PayPal Stock is Attempting to Put in the Floor, These Consumer Stocks Will Thrive And Heres Why, 7 Stocks with the Pricing Power to Push Through High Inflation, 10 Recession-Proof Stocks That Will Let You Wait Out the Bear, 7 Dividend Aristocrats to Help You Take the Bite Out of the Bear, 7 Dividend Stocks That Earn 10% Every Month, 7 Commodities ETFs to Help Build a Hedge Against Inflation, 7 Stagflation Stocks to Help Navigate Periods of Low Growth, 7 Dividend Stocks to Buy When Safety is Your Top Priority, 7 Agricultural Technology Stocks to Buy as Commodity Prices Remain Volatile, 7 NFT Related Stocks That Are Helping to Drive This Trend, 7 Outdoor Living Stocks to Buy Before Investors Go Away For the Summer, 7 Consumer Discretionary Stocks That May Defy Expectations, Ross Stores (ROST) on Track With Expansion Plan, Opens 29 Stores, Ross Stores (NASDAQ:ROST) PT Lowered to $85.00, Ross Stores opens 29 stores in June and July, Ross Stores Inc. stock outperforms market on strong trading day, Ross Stores Inc. stock falls Friday, underperforms market, Ross Stores: People Dress For Less In Times Of Low Consumer Confidence, $100 Invested In This Stock 20 Years Ago Would Be Worth $800 Today, Ross Stores Inc - Stock Trailing Returns ROST. Primary metrics and data points about Ross Stores. How Is The Market Feeling About Ross Stores? Ross Stores (ROST) has lost more than 35% of its market capitalisation compared to the 20% decline of the broader market. Something went wrong while loading Watchlist. Due to this outlook, we do not recommend starting a new position in ROST. Company insiders that have sold Ross Stores company stock in the last two years include Barbara Rentler, Brian R Morrow, George Orban, Michael Balmuth, Michael J Bush, Michael J Hartshorn, Michael K Kobayashi, and Travis Marquette. The apparel retailer reported $0.97 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.00 by $0.03. Ross Stores' management team includes the following people: The following companies are subsidiares of Ross Stores: Retail Assurance Group Inc., Ross Distribution Company LLC, Ross Dress For Less Inc., Ross Merchandising Inc., and Ross Procurement Inc.. 30 Days of MarketBeat All Access for $1.00, Sign in to your free account to enjoy these benefits. Notable Dividend: ROST's dividend (1.53%) isnt notable compared to the bottom 25% of dividend payers in the US market (1.61%). 16 analysts have issued 1 year target prices for Ross Stores' shares. Ross Stores, Inc., operating under the brand name Ross Dress for Less, is an American chain of discount department stores headquartered in Dublin, California. ROST earnings growth over the past year (84.4%) exceeded the Specialty Retail industry 40.3%. Ross Stores has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. It is the largest off-price retailer in the U.S.; as of 2018, Ross operates 1,483 stores in 37 U.S. states, the District of Columbia and Guam, covering much of the country, but with no presence in New England, New York, northern New Jersey, Alaska, Puerto Rico, and areas of the Midwest. There are currently no events to display. Ms. Rentler served as the President and Chief Merchandising Of. MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Twitter Despite this decline in oil prices, we remain cautious as the geopolitical tension may create further volatility in the energy prices in the months ahead. have only sold shares in the past 3 months. There is no recent news for this security. Barbara's compensation has been consistent with company performance over the past year. ROST has demonstrated over the years that they are committed to return value to their shareholders in the form of dividend payments. What is the Fair Price of ROST when looking at its future cash flows? Data by YCharts Share price fell 6.2% to US$86.99 over the past week. The discount retailer provided its first-quarter earnings and an update for the year, and Wall Street didn't like what it saw. Net income forecast to grow 1.7% next year vs 6.5% decline forecast for Specialty Retail industry in the US. To make the world smarter, happier, and richer. The historic selloff in Target Corp's stock is casting a pall on the retail sector, as shares of 90 of the S&P 500's 92 consumer discretionary and staples companies are trading lower. The company provided EPS guidance of $0.99-$1.07 for the period, compared to the consensus earnings per share estimate of $1.33. Growing Profit Margin: ROST's current net profit margins (8.5%) are higher than last year (5.7%). Cash Flow Coverage: With its high cash payout ratio (1112.3%), ROST's dividend payments are not well covered by cash flows. Ross Stores, Inc. DUBLIN, Calif. --(BUSINESS WIRE)--May 5, 2022-- Ross Stores, Inc. (NASDAQ: ROST) plans to release its first quarter 2022 earnings results on Thursday, May 19, 2022 at approximately 4:00 p.m. Eastern time . View Ross Stores' dividend history. Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds. Ross Stores has a PEG Ratio of 1.70. Ross Stores' stock is owned by a variety of institutional and retail investors. All rights reserved. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Just $99 for a limited time (normally $199). Dilution of Shares: Shareholders have not been meaningfully diluted in the past year. ROST is expensive based on its Price-To-Earnings Ratio (17.9x) compared to the peer average (17x). Reported on 5/19/22. ROST's earnings growth over the past year (84.4%) exceeds its 5-year average (-3.4% per year). Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. View analysts' price targets for Ross Stores or view top-rated stocks among Wall Street analysts. Top institutional shareholders include LGT Capital Partners LTD. (0.23%), Scout Investments Inc. (0.16%), Nexus Investment Management ULC (0.07%), QV Investors Inc. (0.04%), JLB & Associates Inc. (0.03%) and DnB Asset Management AS (0.03%). Earnings Trend: ROST's earnings have declined by 3.4% per year over the past 5 years. 1,341 employees have rated Ross Stores CEO Barbara Rentler on Glassdoor.com. The P/E ratio of Ross Stores is 18.08, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 28.20. The fund owned 9,232 shares of the ap, $1000 Invested In Ross Stores 15 Years Ago Would Be Worth This Much Today, Ross Stores (NASDAQ:ROST) has outperformed the market over the past 15 years by 5.34% on an annualized basis producing an average annual return of 11.81%. See what's happening in the market right now with MarketBeat's real-time news feed. ROST's earnings are forecast to grow, but not. On average, they predict Ross Stores' stock price to reach $99.76 in the next twelve months. Specifically, they have bought $0.00 in company stock and sold $81,460.00 in company stock. This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors. Burlingtons Earnings Disappointed. In the past three months, Ross Stores insiders have sold more of their company's stock than they have bought. First, we would like to see the macroeconomic headwinds ease. What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target? The P/E ratio of Ross Stores is 18.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.27. High Growth Revenue: ROST's revenue (5.5% per year) is forecast to grow slower than 20% per year. How does ROST's PE Ratio compare vs other companies in the US Specialty Retail Industry? The Company also operates 303 dd's DISCOUNTS in 21 states that feature a more moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 70% off moderate department and discount store regular prices every day. Sign-up to receive the latest news and ratings for Ross Stores and its competitors with MarketBeat's FREE daily newsletter. The off-price retail giant may have unduly alarmed investors with its fourth-quarter forecast. Why These Retailers' Stocks Fell This Week. 87.02% of the stock of Ross Stores is held by institutions. United States It is hard to get excited after looking at Ross Stores' (NASDAQ:ROST) recent performance, when its stock has declined 24% over the past three months. is forecast to be very high in 3 years time (46.9%). According to analysts' consensus price target of $99.76, Ross Stores has a forecasted upside of 22.9% from its current price of $81.17. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. view top-rated stocks among Wall Street analysts. Why the Stock Isnt Plunging. MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools. ROST ($81.17) is trading below our estimate of. How is Ross Stores forecast to perform in the next 1 to 3 years based on estimates from 21 analysts? Get daily stock ideas from top-performing Wall Street analysts. These positive effects have largely disappeared by 2022. Data is a real-time snapshot *Data is delayed at least 15 minutes. Create a list of the investments you want to track. Its stores primarily offer apparel, accessories, footwear, and home fashions. Short Term Liabilities: ROST's short term assets ($7.0B) exceed its short term liabilities ($3.8B). These new locations are part of the Company's plans to add approximately. Ms. Barbara Rentler has been the Chief Executive Officer of Ross Stores Inc since June 2014 and has been its Vice Chairman since May 19, 2021. Experienced Board: ROST's board of directors are considered experienced (7.8 years average tenure). 2022 CNBC LLC. ROST's earnings have declined by 3.4% per year over the past 5 years. Consumer Discretionary However, the company's fundamentals look pretty, Please check network settings and try again, You've successfully got advanced quotes worth 5000 HKD, Giving away premium quotes worth 5000 HKD/year to unlock more data. Stable Dividend: ROST's dividend payments have been volatile in the past 10 years. Debt Level: ROST has more cash than its total debt. Weve recently updated our valuation analysis. Demand has been lower for this quarter than a year ago, due to two primary reasons: Export data to Excel for your own analysis. Ross offers in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. Ross Stores (NASDAQ:ROST) Given a $70.00 Price Target by Evercore ISI Analysts, Evercore ISI set a $70.00 price target on Ross Stores (NASDAQ:ROST Get Rating) in a research note released on Tuesday, Stock Target Advisor reports. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. Ross is an off-price apparel and home fashion chain in the United States, the District of Columbia and Guam. Last, between 2011 and 2013, the firm has gained as much as 71%, in contract to the 13% gain of the broader market. The Fool has written over 200 articles on Ross Stores. Please log in to your account or sign up in order to add this asset to your watchlist. All quotes are in local exchange time. Payment date: 30 June 2022. This Is A Turning Point For Baker Hughes Stock, Alibaba Group: A Huge Revenue Rebound Is Approaching. View analyst ratings for Ross Stores or view top-rated stocks. This was the only on-market transaction from insiders over the last 12 months. Price-To-Earnings vs Fair Ratio: ROST is expensive based on its Price-To-Earnings Ratio (17.9x) compared to the estimated Fair Price-To-Earnings Ratio (17.7x). than the rest of US stocks over the past 3 months. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Consensus price target down from US$117 to US$94.79. View all of ROST's competitors. Currently, we rate ROST as "hold" Interest Coverage: ROST's interest payments on its debt are well covered by EBIT (29.6x coverage). This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors. Easing of COVID-19 restrictions in 2021 also lead to higher demand Data Provided by Refinitiv. (25.7%), ROST's dividend payments are well covered by earnings. Ross Stores' mailing address is 5130 HACIENDA DRIVE, DUBLIN CA, 94568. Which metric is best to use when looking at relative valuation for ROST? Our daily ratings and market update email newsletter. This payout ratio is at a healthy, sustainable level, below 75%. What is Ross Stores's current dividend yield, its reliability and sustainability? In our opinion, Ross Stores operates off-price retail apparel and home fashion stores, it could be a good alternative for consumers looking for more affordable alternatives. We like when the management recognises that the dividend is not sustainable and is not afraid to make the decision of cutting or reducing the payouts. ROST's forecast earnings growth (9.5% per year) is above the. What is ROST's PE Ratio compared to its Fair PE Ratio? Payout ratio is a comfortable 26% but the company is paying out more than the cash it is generating. ROST earnings call for the period ending October 31, 2020. The Stock Is Plunging. Earnings before interest, taxes, depreciation, and amortization, is a measure of a company's overall financial performance and is used as an alternative to net income in some circumstances, The percent of their income that a corporation pays in taxes, Investments that are relatively liquid and have maturities between 3 months and one year, The total amount of assets owned by a company, The value of subtracting the total liabilities from the total assets of a company, Total number of common shares outstanding as of the latest date disclosed in a financial filing, A ratio used to determine if a companys market value is in line with the value of its assets less liabilities and preferred stock, A financial ratio that shows a companys profitability compared to its assets, Companys return above the average cost it pays for its debt and equity capital, Net cash used or generated for core business activities, Net cash used or generated in investing activities such as purchasing assets, Net cash used or generated in financing activities such as dividend payments and loans, The amount by which a company's cash balance increases or decreases in an accounting period, Amount of cash a business has after it has met its financial obligations such as debt and outstanding payments, Ownership of a fraction of a corporation and the right to claim a share of the corporation's assets and profits equal to the amount of stock owned, Headquartered in Dublin, California, United States, The range between the high and low prices over the past day, The range between the high and low prices over the past 52 weeks. To figure it out, let us look at the first quarter financial results. Only 1.90% of the stock of Ross Stores is held by insiders. ROST's earnings (9.5% per year) are forecast to grow slower than the US market (12.7% per year). www.rossstores.com. Since then, ROST shares have decreased by 28.4% and is now trading at $81.88.
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