Ross Stock Symbol Overview and Investment Considerations

Ross Stores, Inc. is listed on the NASDAQ stock exchange under the ticker symbol ROST. The company operates a chain of off-price department stores known for offering discounted prices on brand-name merchandise.

Ross Stores has a market capitalization of around $40 billion, making it a significant player in the retail industry. Its stock has a beta of 0.7, indicating a relatively stable investment.

Investors can buy and sell Ross Stores stock through various online brokerage platforms, such as Fidelity, Charles Schwab, or Robinhood. The stock's average trading volume is around 2.5 million shares per day.

Ross Stores, the parent company of the off-price retailer, has seen significant financial growth in recent years. In 2023, the company's revenue was $20.38 billion, an 8.99% increase from the previous year's $18.70 billion.

This growth is a testament to the company's ability to adapt to changing market conditions and capitalize on opportunities. Earnings were also up, increasing by 23.97% to $1.87 billion.

Ross Stores' financial performance is a key indicator of the company's overall health and stability. By examining the company's revenue and earnings, investors can gain a better understanding of its potential for future growth.

Here are the company's revenue and earnings for 2023, compared to the previous year:

When evaluating a company's financial strength, we need to consider several key metrics.

A quick ratio of 0.93 indicates that ROST has sufficient liquid assets to cover its short-term liabilities.

ROST's current ratio of 1.57 suggests that it can meet its current obligations with ease.

The interest coverage ratio of 38.60 for ROST means that it has a strong ability to pay its interest expenses from its earnings before interest and taxes.

In comparison, M has a quick ratio of 0.10, which raises concerns about its ability to meet short-term obligations.

M's current ratio of 1.26 is slightly better than JWN's, but still indicates some liquidity issues.

JWN's interest coverage ratio of 3.44 is relatively strong, but not as robust as ROST's.

Here's a summary of the interest coverage ratios for the three companies:

Ross Stores's profitability metrics are impressive, with a Return on Assets (Normalized) of 15.34%. This indicates that for every dollar invested in assets, the company generates 15.34 cents in profit.

The company's Return on Equity (Normalized) is an even more impressive 44.94%, showing that for every dollar invested in equity, the company generates 44.94 cents in profit.

Ross Stores's Return on Invested Capital (Normalized) is also noteworthy, at 19.43%. This suggests that the company is generating a significant return on the capital it has invested.

Here is a comparison of Ross Stores's profitability metrics to those of its competitors, Nordstrom (JWN) and Macy's (M):

Ross Stores has consistently reported its earnings throughout the years. The company's actual earnings per share (EPS) for its Q3 2024 earnings release was $1.330 USD.

Ross Stores has also held annual general meetings, with the most recent one taking place on May 22, 2024, where the EPS was reported to be $5.560 USD.

The company's earnings reports have shown a range of EPS values, from $0.670 USD in Q4 2021 to $1.390 USD in Q2 2022.

Here's a breakdown of some key events:

Ross Stores has also reported a decrease in EPS in some quarters, such as Q1 2023, where the EPS was $0.970 USD.

Analysts are optimistic about ROST stock, with an average rating of "Buy" from 17 experts.

The 12-month stock price forecast is a significant increase of 24.37% from the latest price, aiming for $169.06.

This forecast suggests a considerable upside potential for investors who decide to buy ROST stock.

Ross Stores reported better-than-expected third-quarter EPS results on Thursday, beating analyst projections.

The company's revenue estimates for 2025-2029 are as follows: $21,160, $22,391, $23,634, $25,432, and $27,485, respectively.

Ross Stores' dividend yield is expected to be 1.08%, 1.18%, 1.32%, 1.50%, and 1.76% for the same period.

The company's P/E ratio is forecasted to be 22.08, 20.40, 18.71, 16.34, and 14.49 for 2025-2029.

Here's a breakdown of Ross Stores' estimated EPS for 2025-2029: 6.19, 6.70, 7.30, 8.36, and 9.43, respectively.

Ross Stores' net profit is expected to be $2,047, $2,179, $2,336, $2,687, and $3,080 for 2025-2029.

The company's free cash flow per share is forecasted to be $5.48, $6.41, $6.88, $8.67, and $11.02 for 2025-2029.

Ross Stores' book value per share is expected to be $16.51, $19.04, $20.25, $23.87, and $26.52 for 2025-2029.

Here's a comparison of Ross Stores' estimated revenue growth over the past year: $20,377 (2024), $21,160 (2025), and $22,391 (2026).

ROST stock valuation metrics show a significant difference compared to its peers. The Price/Earnings (Normalized) ratio of ROST is 21.41, which is much higher than the 4.69 and 12.09 ratios of M and JWN respectively.

The Price/Book Value ratio of ROST is 8.57, which is also higher than the 1.00 and 4.04 ratios of M and JWN.

In comparison, M has a very low Price/Sales ratio of 0.18, while JWN has a ratio of 0.27, making ROST's 2.13 ratio relatively high in this context.

Here is a summary of the Price/Earnings (Normalized) ratios for the three companies:

Let's take a closer look at Ross Stores' return on investment. The company has had a significant impact on the market, with a 5-year return of +19.62% compared to the S&P's +91.99%.

Ross Stores' 1-year return has been -7.27%, which is lower than the S&P's +17.58%. However, its 5-year annualized return of +3.65% is still a respectable figure.

Here's a comparison of Ross Stores' return on investment to the S&P over different time periods:

Ross Stores' return on investment since its IPO has been staggering, with a return of +32,540%. This is significantly higher than the S&P's +2,920% return over the same period.

Estimates in USD are a crucial aspect of valuation and can have a significant impact on a company's stock price. Analysts make predictions about a company's future earnings and revenue, which can be a good indicator of its potential for growth.

According to the article, the number of analysts predicting Ross Stores' earnings and revenue has remained relatively stable, with 22 analysts predicting earnings and 20 analysts predicting revenue in the current year.

The average earnings estimate for Ross Stores in the current year is $6.186 USD, while the average revenue estimate is $21,160 USD. This is a significant increase from the previous year's earnings estimate of $5.593 USD and revenue estimate of $20,377 USD.

Here's a breakdown of the average earnings and revenue estimates for Ross Stores in USD:

It's worth noting that the average earnings estimate for Ross Stores has been increasing over the years, indicating a potential for growth in the company's earnings.

Valuation is a crucial aspect of understanding a company's financial health. A company's valuation metrics, such as Price/Earnings (Normalized), Price/Book Value, and Price/Sales, can provide valuable insights into its financial performance.

The Price/Earnings (Normalized) ratio for ROST is 21.41, indicating a relatively high valuation compared to its peers. In contrast, M has a much lower ratio of 4.69, suggesting a more attractive valuation.

A company's Price/Book Value ratio can also indicate its valuation. For ROST, this ratio is 8.57, while M has a ratio of 1.00. This suggests that ROST is valued at a premium compared to M.

Looking at the Price/Sales ratio, ROST has a ratio of 2.13, while M has a much lower ratio of 0.18. This indicates that ROST is more expensive than M in terms of sales.

Here's a comparison of the valuation metrics for ROST, M, and JWN:

A company's Price/Cash Flow ratio can also be an important valuation metric. For ROST, this ratio is 16.76, while M has a ratio of 2.43. This suggests that ROST is valued more highly than M in terms of cash flow.

Ross Stores, the parent company of Ross Dress for Less, operates as a subsidiary of the parent company, with its corporate headquarters located in Dublin, California.

The company was founded in 1950 by Morris "Morrie" Ross, and it has since grown to become one of the largest off-price retailers in the United States, with over 1,400 locations across the country.

Ross Stores is listed on the NASDAQ stock exchange under the ticker symbol ROSS.

Ross Stores generates over $14 billion in annual revenue, making it one of the largest retailers in the country.

The company's business model is based on purchasing excess inventory from manufacturers and other retailers, which it then sells at discounted prices to customers.

Ross Stores operates two main store formats: Ross Dress for Less and dd's Discounts.

When considering an investment in Ross Stores, it's essential to understand the company's business model. Ross Stores operates a chain of off-price retail stores offering apparel, accessories, and home decor items at discounted prices.

The company's off-price business model allows it to maintain a low price point by purchasing excess inventory from other retailers. This strategy has contributed to Ross Stores' success in the retail industry.

Ross Stores' ability to negotiate low prices with suppliers has enabled the company to maintain a competitive edge in the market. By purchasing excess inventory, Ross Stores can offer products at significantly lower prices than traditional retailers.

The company's focus on off-price retailing has also allowed Ross Stores to expand its operations rapidly. Between 2005 and 2015, the company's revenue grew from $6.4 billion to $10.6 billion.

Ross Stores' expansion strategy involves opening new stores in existing markets and entering new markets through strategic acquisitions.