ROST stock: buy or sell?

ROST stock price: $102.95 -4.14% At close on August 23rd, 2019

Updated on:
August 23rd, 2019

4

After climbing for 4 days, Friday the "Dress for Less" retailer collapsed a hair-raising -4.14%, closing at $102.95.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean ROST will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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.
Is ROST a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-23Wells Fargo & Con/aOutperform
2019-8-23MKM Partnersn/aBuy
2019-8-23Deutsche Bankn/aBuy
2019-8-23Citigroupn/aNeutral
2019-6-27Goldman Sachs GroupNeutralSell
2019-6-24Telsey Advisory GroupOutperformMarket Perform
2019-3-7DA Davidsonn/aNeutral
2019-3-6Wells Fargo & Con/aOutperform
2019-3-6Credit Suisse Groupn/aOutperform
2019-1-24Loop Capitaln/aBuy

ROST stock analysis

Daily outlook

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.

ROST stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $104.20

How 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:
ROST stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-23Wells Fargo & CoReiterates$104.00$116.0011.5%
2019-8-23MKM PartnersRaises Target$102.00$114.0011.8%
2019-8-23Deutsche BankRaises Target$107.00$113.005.6%
2019-8-23CitigroupRaises Target$94.00$104.0010.6%
2019-6-27Goldman Sachs GroupDowngrades$102.00$91.00-10.8%
2019-6-24Telsey Advisory GroupDowngradesn/a$103.00-
2019-3-7DA DavidsonRaises Targetn/a$92.00-
2019-3-6Wells Fargo & CoReiterates$92.00$104.0013%
2019-3-6Credit Suisse GroupRaises Target$95.00$100.005.3%
2019-1-24Loop CapitalRaises Targetn/a$105.00-
(in average)$99.40$104.205.0%
The price forecast for Ross Stores stock is $104.20, moving in a range between $116.00 and $91.00. In average, analysts' outlook on ROST price target is positive, upgrading the forecast by a 5.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

The "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.
ROST earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.82n/a
2017-Q3-n/a0.82n/a
2017-Q42018-03-060.930.985.4%
2018-Q12018-03-060.930.985.4%
2018-Q22018-05-241.061.114.7%
2018-Q32018-08-231.011.043.0%
2018-Q42018-11-200.90.911.1%
2019-Q12019-03-051.141.25.3%
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared 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%.

ROST annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2014$10,230 M-$837 M8.2%-
2014$11,040 M7.92%$925 M8.4%10.44%
2015$11,042 M0.02%$925 M8.4%0.00%
2015$11,940 M8.14%$1,020 M8.5%10.30%
2016$11,940 M0.00%$1,021 M8.5%0.06%
2016$12,870 M7.79%$1,120 M8.7%9.73%
2017$12,867 M-0.02%$1,118 M8.7%-0.21%
2017$14,130 M9.82%$1,360 M9.6%21.68%
2018$14,135 M0.03%$1,363 M9.6%0.20%
2019$14,984 M6.01%$1,587 M10.6%16.49%

Quarterly financial results

Ross 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%.
ROST quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$3,310 M-$321 M9.7%-
2017-Q3$3,430 M3.63%$317 M9.2%-1.40%
2017-Q4$3,329 M-2.95%$274 M8.2%-13.30%
2018-Q1$4,068 M22.20%$451 M11.1%64.24%
2018-Q2$3,589 M-11.78%$418 M11.7%-7.21%
2018-Q3$3,738 M4.16%$389 M10.4%-6.90%
2018-Q4$3,550 M-5.04%$338 M9.5%-13.17%
2019-Q1$4,107 M15.71%$442 M10.8%30.64%

Ross Stores ownership

When 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:

ROSTAEOANFCTRNGES
Market cap$37.8 B$2.9 B$1.2 B$232.9 M$1.3 B
Total shares367.4 M172.2 M67.9 M13.8 M81.7 M
Float shares356.9 M155.9 M64.9 M10.3 M46.9 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 selling0.0%0.0%0.0%0.0%0.0%

ROST summary

Friday, August 23rd, 2019
Open$105.64
Close$102.95
Day range$102.41 - $106.37
Previous close$107.40
Session gain-4.14%
Average true range$3.06
50d mov avg$103.78
100d mov avg$100.06
200d mov avg$94.63
Daily pattern
Weekly pattern lt06a

Ross Stores performance

Performance 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.
Stock3m6m12m
ROSTRoss Stores11.25%9.68%9.40%
AEOAmerican Eagle Ou...-8.95%-14.13%-38.85%
ANFAbercrombie & Fit...-30.07%-15.92%-35.31%
CTRNCiti Trends11.30%-21.14%-48.68%
GESGuess?-12.26%-25.69%-31.54%
GPSGap-16.19%-26.68%-37.68%
JWNNordstrom-7.16%-28.79%-48.80%
OSTKOverstock.com97.94%6.18%-31.09%
SMRTStein Mart-21.98%-39.83%-69.13%
TJXTJX Companies6.73%9.92%3.20%
URBNUrban Outfitters-2.21%-21.13%-47.61%

Ross Stores competitors

We selected a few stocks to conform a list of Ross Stores competitors to check if you are interested in investing in ROST:

Latest ROST stock news