ROST stock: buy or sell?
August 23rd, 2019
Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States.
Should I buy ROST stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Ross Stores stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Ross Stores stock a buy?
Banks and financial institutions post stock ratings everyday.At Stocks2.com, we collected 10 ratings published for ROST stock in the last month. The general sentiment of these ratings is bullish for ROST stock, with 6 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-23||Wells Fargo & Co||n/a||Outperform|
|2019-6-27||Goldman Sachs Group||Neutral||Sell|
|2019-6-24||Telsey Advisory Group||Outperform||Market Perform|
|2019-3-6||Wells Fargo & Co||n/a||Outperform|
|2019-3-6||Credit Suisse Group||n/a||Outperform|
ROST stock analysis
After climbing for 4 sessions, Friday the "Dress for Less" retailer collapsed a hair-raising -4.14%, closing at $102.95.
After climbing for 4 sessions, Friday the "Dress for Less" retailer collapsed a hair-raising -4.14%, closing at $102.95. On June ROST price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. Since SMA100d and SMA200d crossed up on May, ROST price climbed $8.73 per share (9.27%). On July/19, ROST hit a new all time high, pushing higher than on July/17 tops. Check different trading setups that use ATHs as triggers.
Shares of the off-price retailer ended this week at $102.95 and stayed constant a neutral -0.22%.
The off-price retailer stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, ROST might consolidate in a flat-base, waiting to break out over or down under . Not so far away is the last price record Ross Stores marked by mid July. Since early May when SMA20w and SMA40w crossed up, ROST price gained $6.07 per share (6.27%). Late March ROST price bounced up over the SMA of 40 weeks that acted as support stopping new slides.
ROST stock price history
ROST stock went public on August 8th, 1985 with a price of $0.271. Since then, ROST stock surged a 38,029.60%, with an average of 1,118.50% per year. If you had invested right after ROST's IPO a $1,000 in ROST stock in 1985, it would worth $380,296.00 today.
1: Adjusted price after possible price splits or reverse-splits.
ROST stock historical price chart
ROST stock reached all-time highs on Jul/19 with a price of $108.20.
ROST stock price target is $104.20How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' ROST stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we found 10 price forecasts for ROST stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-23||Wells Fargo & Co||Reiterates||$104.00||$116.00||11.5%|
|2019-8-23||MKM Partners||Raises Target||$102.00||$114.00||11.8%|
|2019-8-23||Deutsche Bank||Raises Target||$107.00||$113.00||5.6%|
|2019-6-27||Goldman Sachs Group||Downgrades||$102.00||$91.00||-10.8%|
|2019-6-24||Telsey Advisory Group||Downgrades||n/a||$103.00||-|
|2019-3-7||DA Davidson||Raises Target||n/a||$92.00||-|
|2019-3-6||Wells Fargo & Co||Reiterates||$92.00||$104.00||13%|
|2019-3-6||Credit Suisse Group||Raises Target||$95.00||$100.00||5.3%|
|2019-1-24||Loop Capital||Raises Target||n/a||$105.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareThe "Dress for Less" retailer reported slightly good results for 2019-Q1 on March. Ross Stores grew Earnings per Share (EPS) by 5.30%, beating experts of $1.14. Ross Stores posted $1.20.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2018, last anual sales report draw a pretty good increase of 6.01% to $14,983.50 million USD. When comparing 2019 vs 2018, by contrast, profit margin (that is, the net income divided by revenues) remained constant a 0.95% to 10.59%.
|2014||$10,230 M||-||$837 M8.2%||-|
|2014||$11,040 M||7.92%||$925 M8.4%||10.44%|
|2015||$11,042 M||0.02%||$925 M8.4%||0.00%|
|2015||$11,940 M||8.14%||$1,020 M8.5%||10.30%|
|2016||$11,940 M||0.00%||$1,021 M8.5%||0.06%|
|2016||$12,870 M||7.79%||$1,120 M8.7%||9.73%|
|2017||$12,867 M||-0.02%||$1,118 M8.7%||-0.21%|
|2017||$14,130 M||9.82%||$1,360 M9.6%||21.68%|
|2018||$14,135 M||0.03%||$1,363 M9.6%||0.20%|
|2019||$14,984 M||6.01%||$1,587 M10.6%||16.49%|
Quarterly financial resultsRoss Stores posted $4,107.39 M in sales for 2019-Q1, a 15.71% improvement compared to previous quarter. Reported quarter earnings marked $441.69 M with a profit margin of 10.75%. Profit margin appreciated a 1.23% compared to previous quarter when profit margin was 9.53%. When comparing revenues to same quarter last year, Ross Stores sales marked a slightly fine movement and remained steady a 0.97%.
|2017-Q2||$3,310 M||-||$321 M9.7%||-|
|2017-Q3||$3,430 M||3.63%||$317 M9.2%||-1.40%|
|2017-Q4||$3,329 M||-2.95%||$274 M8.2%||-13.30%|
|2018-Q1||$4,068 M||22.20%||$451 M11.1%||64.24%|
|2018-Q2||$3,589 M||-11.78%||$418 M11.7%||-7.21%|
|2018-Q3||$3,738 M||4.16%||$389 M10.4%||-6.90%|
|2018-Q4||$3,550 M||-5.04%||$338 M9.5%||-13.17%|
|2019-Q1||$4,107 M||15.71%||$442 M10.8%||30.64%|
Ross Stores ownershipWhen you are planning to buy shares of a stock, it's worth to review its ownership structure.
Ross Stores shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 2.10% of all shares.
Bearish positions for ROST stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Ross Stores:
|Market cap||$37.8 B||$2.9 B||$1.2 B||$232.9 M||$1.3 B|
|Total shares||367.4 M||172.2 M||67.9 M||13.8 M||81.7 M|
|Float shares||356.9 M||155.9 M||64.9 M||10.3 M||46.9 M|
|- Institutional holdings (%)||96.0%||94.6%||115.6%||90.3%||71.0%|
|- Insider holdings (%)||2.1%||5.9%||1.1%||9.9%||30.7%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, August 23rd, 2019|
|Day range||$102.41 - $106.37|
|Average true range||$3.06|
|50d mov avg||$103.78|
|100d mov avg||$100.06|
|200d mov avg||$94.63|
Ross Stores performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Ross Stores, the comparison is made against American Eagle Outfitters, Abercrombie & Fitch, Citi Trends, Guess?, Gap, Nordstrom, Overstock.com, Stein Mart, TJX Companies and Urban Outfitters.
|AEOAmerican Eagle Ou...||-8.95%||-14.13%||-38.85%|
|ANFAbercrombie & Fit...||-30.07%||-15.92%||-35.31%|
Ross Stores competitorsWe selected a few stocks to conform a list of Ross Stores competitors to check if you are interested in investing in ROST:
- American Eagle Outfitters (AEO)
- Abercrombie & Fitch (ANF)
- Citi Trends (CTRN)
- Guess? (GES)
- Gap (GPS)
- Nordstrom (JWN)
- Overstock.com (OSTK)
- Stein Mart (SMRT)
- TJX Companies (TJX)
- Urban Outfitters (URBN)
Latest ROST stock news
- InvestorPlaceRoss Stores Earnings: ROSS Stock Dips on Q1 Earnings BeatMay 23, 2019
- Seeking AlphaTJX Companies Vs. Ross Stores: Looking For The Best BetMay 3, 2019
- InvestorPlace100 New Ross Stores Opening in 2019March 11, 2019
- InvestorPlaceRoss Stores’ Guidance Raises Fundamental QuestionsMarch 8, 2019
- InvestorPlaceRoss Stores Earnings: ROST Stock Slides on Q4 EPS Beat, Uncertain 2019March 5, 2019