NASDAQ:ROST

139.72
0.13 (0.09%) 1d
0

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Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

Experts are generally positive about the recent performance of Ross Stores Inc., with the company reporting a strong beat and showing momentum. The middle-income consumer segment is driving the company's success, while high-income consumers are not significantly changing their spending patterns. Low-income spenders are under pressure, indicating a trade-down trend. Overall, the company's focus on off-price retail seems to be paying off, and experts expect retail stocks to perform better next year.

Consensus
Positive
Valuation
Fair Value
PARTIAL BUY
Ross Stores Inc.

Shares are popping after reporting a beat, and he likes the momentum after this report. They faced tough comps. Shares haven't done much this year until this move. He's been very negative the consumer, but next year he expects retail stocks to do much better.

clothing stores
BUY
Ross Stores Inc.

It reported a strong beat, and it reflects the middle-income consumer. High-income consumers haven't changed their spending, and low-income spenders are facing a lot of pressure, as seen in Dollar General's performance. This reflects the trade down and like has more momentum ahead

clothing stores
BUY
Ross Stores Inc.

It just reported a strong, reflecting how consumers are buying off-price (discounts).

clothing stores
SELL
Ross Stores Inc.

Just sold it. Share are up 21% in last three months off the lows and trades at 22x earnings, but peers like Ralph Lauren are up only 12-13%. Ross is higher because of the notion that 2022's inventory surplus will be good for 2023, so share ran up in anticipation of that.

clothing stores
DON'T BUY
Ross Stores Inc.
The stock has made a great move, but be honest--it was trading off free-money multiples at 26x earnings.
clothing stores
HOLD
Ross Stores Inc.
She also owns American Eagle Outfitters and Foot Locker in the retail space. Ross is actually up only 1% year to date, but up 40% in the past month. AEO is -40% YTD, up 50% in the last month, and Foot Locker is 15% YTD and 15% past month. The theme for all these--and why should bought them--was that the street punished these stocks so severely, expecting them to lay down and DIE and customers will never spend money again. Well, American consumers are very resilient and continue to spend. Ross is actually not going that great: margin contraction, and 5% lower same-store sales, BUT those were so much better than expected. Yes, you should be in discount retailing, but this share has already shot up this month. The low-hanging fruit, the time to buy, was last summer--and people missed it. Forget 40% moves, but there will be some movement. AEO cut their dividend last quarter, so she exited. She's holding onto Ross and Foot Locker, because there's still upside. Ross is expensive at 20x earnings, so use it as a source of funds. Foot Locker remains cheap and still buying back shares. Do your homework in the retail space. Problem is that all the retail ships have risen in recent weeks and we won't see those gains again.
clothing stores
COMMENT
Ross Stores Inc.
The forward outlook isn't super, but the street presumed that consumer spending will decline, but reports from this sector don't show that. She may use this as a source of funds.
clothing stores
BUY
Ross Stores Inc.
Ross and TJX benefit from oversupply in retail, and we've seen oversupply in many retail names.
clothing stores
PAST TOP PICK
Ross Stores Inc.
(A Top Pick May 05/20, Up 33%) He has some concerns about retail but they sell the excess inventory of name brands and provide a treasure hunt experience. They are extremely well run. They re-initiated their dividend. He got stopped out but has not bought back yet.
clothing stores
TOP PICK
Ross Stores Inc.

A discount US retailer found in strip malls. They buy excess inventory from big department stores like Nordstrom. ROST is like Homesense. High margins, low debt. They will thrive as consumers watch their money. Like Dollarama, this is defensive. With some big retailer likely to close, like J. Crew this opens an opportunity for ROST to buy a lot of inventory. (Analysts’ price target is $100.73)

clothing stores
PAST TOP PICK
Ross Stores Inc.

(A Top Pick July 10/17 Up 57%). This is a core holding for him. This was the only stock on the S&P500 that was up in 2008. They are building their store count and buying back shares – all good things.

clothing stores
TOP PICK
Ross Stores Inc.

All 3 of his top picks have an element of defensiveness to them. Out of 500 companies in the S&P 500, this was the only company to post a positive rate of return in 2008. They buy excess inventories from some of the upper-class US stores for their outlet stores. When companies close stores or are having problems, this is good for the likes of this company. ROE is at about 40% and are actively buying back shares. One of the few retailers that are still opening stores. Dividend yield of 1.1%. (Analysts’ price target is $72.50.)

clothing stores
PAST TOP PICK
Ross Stores Inc.

(A Top Pick March 2/15. Up 19.12%.) A great management team. If you own, she would consider trimming because it has done so well relative to anything else.

clothing stores
BUY ON WEAKNESS
Ross Stores Inc.

This and T.J. Maxx (TJX-N) would be the big retailers on the discount side in the US. This one had a little bump recently on their earnings, but you are looking at very deep discounted fashions. They still have the wherewithal to grow their business. Given that small businesses are still continuing to grow, he imagines it will continue to help the low end consumer. If this were to correct more and get into a better valuation, he would probably recommend that you dip your toes in.

clothing stores
COMMENT
Ross Stores Inc.

US retail. This company is pretty good. Had an earnings miss recently and the stock was beaten up a little. Has moved into a negative earnings revision cycle. Feels the company is pretty well run, but the industry is running into some strong headwinds. If you own, he would recommend using a stop loss.

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Ross Stores Inc.(ROST-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for Ross Stores Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Ross Stores Inc.(ROST-Q) Frequently Asked Questions

What is Ross Stores Inc. stock symbol?

Ross Stores Inc. is a American stock, trading under the symbol ROST-Q on the NASDAQ (ROST). It is usually referred to as NASDAQ:ROST or ROST-Q

Is Ross Stores Inc. a buy or a sell?

In the last year, 3 stock analysts published opinions about ROST-Q. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Ross Stores Inc..

Is Ross Stores Inc. a good investment or a top pick?

Ross Stores Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Ross Stores Inc..

Why is Ross Stores Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Ross Stores Inc. worth watching?

3 stock analysts on Stockchase covered Ross Stores Inc. In the last year. It is a trending stock that is worth watching.

What is Ross Stores Inc. stock price?

On 2024-10-31, Ross Stores Inc. (ROST-Q) stock closed at a price of $139.72.