Fundamentals for Ross Stores, Inc.
Ross Stores, Inc.'s current ratio of 1.612 highlights the company's ability to easily cover its short-term debt using its available cash and assets. This indicates a strong...
Business Operations:
Sector: Consumer CyclicalIndustry: Apparel Retail
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 brands in the United States. The company offers apparel, accessories, footwear, and home fashions products. It sells its products to middle income households and households with lower to more moderate incomes. Ross Stores, Inc. was incorporated in 1957 and is headquartered in Dublin, California.
Revenue projections:
Financial Ratios:
| currentRatio | 1.61200 |
|---|---|
| forwardPE | 26.17085 |
| debtToEquity | 70.28100 |
| earningsGrowth | 0.70500 |
| revenueGrowth | 0.13300 |
| grossMargins | 0.33385 |
| operatingMargins | 0.13578 |
| trailingEps | 8.61000 |
| forwardEps | 8.97296 |
Ross Stores, Inc.'s current ratio of 1.612 highlights the company's ability to easily cover its short-term debt using its available cash and assets. This indicates a strong liquidity position, ensuring Ross Stores, Inc. is unlikely to face difficulties in meeting immediate financial obligations.
ROST's Forward PE is well-positioned, indicating the stock price is favorable compared to its earnings. This suggests the stock is not overpriced and offers room for growth, making it an attractive option for investors looking for future value appreciation.
With positive earnings and revenue growth, ROST is on a path to expand its business. This strong financial performance suggests the company will continue to grow, as increasing profits and revenue highlight a healthy outlook.
Ross Stores, Inc.'s forward EPS surpasses its trailing EPS, reflecting expectations of higher profitability in the current year. This suggests that Ross Stores, Inc. is projected to generate stronger earnings, indicating an optimistic financial outlook compared to the prior year's results.
Price projections:
Insider Transactions:
Recent trading of ROST stock saw 10 sales, with market price at 184.30984344482422 per share.The period under consideration saw no sell transactions.The higher volume of buys compared to sells near current Ross Stores, Inc. price levels may suggest optimism among investors. This could point to a favorable market outlook, as more people are willing to invest at these prices, anticipating potential future growth or strong performance.
Recommendation changes over time:
The recent buy bias for ROST from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see ROST as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.