Latest news with #ROST
Yahoo
5 days ago
- Business
- Yahoo
What You Need to Know Ahead of Ross Stores' Earnings Release
With a market cap of $42.8 billion, Ross Stores, Inc. (ROST) operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brands in the United States. Headquartered in Dublin, California, the company offers apparel, accessories, footwear, and home fashions products. ROST is expected to report its Q2 earnings on Thursday, Aug. 28. Ahead of the event, analysts expect ROST to report a profit of $1.53 per share, down 3.8% from a profit of $1.59 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in each of the past four quarters, which is notable. More News from Barchart 2 Recession-Proof Dividend Stocks to Buy for the Second Half of 2025 UnitedHealth Stock Spirals Lower Again. Don't Buy the Dip. Auto Revenue Keeps Plunging at Tesla. Should You Buy the TSLA Stock Dip or Run Far Away? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For the current year, analysts expect ROST to report EPS of $6.23, down 1.4% from $6.32 in fiscal 2024. However, its EPS is likely to rise 9% year over year to $6.79 in FY2026. Over the past year, ROST shares surged 4%, underperforming the S&P 500 Index's ($SPX) 17.3% gains and the Consumer Discretionary Select Sector SPDR Fund's (XLY) 22.9% returns over the same time frame. On Jul. 2, shares of Ross Stores climbed more than 1% after Jefferies Financial Group Inc. (JEF) upgraded the stock from a 'Hold' to a 'Buy' rating. The firm also raised its price target to $150, citing improved traffic trends, solid inventory management, and a favorable off-price retail environment as key catalysts for potential upside in the stock. The consensus opinion on ROST stock is highly upbeat, with an overall 'Strong Buy' rating. Out of the 19 analysts covering the stock, 15 recommend a 'Strong Buy' and four recommend a 'Hold.' Its mean price target of $154.53 indicates a robust 11.1% upside potential from current price levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
3 Cash-Producing Stocks for Long-Term Investors
Businesses with strong free cash flow tend to be more adaptable and resilient. Some of these companies shine bright by using their cash wisely to strengthen their market positions. Identifying the most effective companies isn't easy, and that's why we started StockStory. That said, here are three cash-producing companies that excel at turning cash into shareholder value. Coinbase (COIN) Trailing 12-Month Free Cash Flow Margin: 28.2% Widely regarded as the face of crypto, Coinbase (NASDAQ:COIN) is a blockchain infrastructure company updating the financial system with its trading, staking, stablecoin, and other payment solutions. Why Are We Backing COIN? Customer spending is rising as the company has focused on monetization over the last two years, leading to 58.2% annual growth in its average revenue per user Incremental sales significantly boosted profitability as its annual earnings per share growth of 64.5% over the last two years outstripped its revenue performance Robust free cash flow margin of 25.9% gives it many options for capital deployment, and its improved cash conversion implies it's becoming a less capital-intensive business Coinbase is trading at $407.50 per share, or 31.4x forward EV/EBITDA. Is now the right time to buy? See for yourself in our in-depth research report, it's free. Ross Stores (ROST) Trailing 12-Month Free Cash Flow Margin: 7.6% Selling excess inventory or overstocked items from other retailers, Ross Stores (NASDAQ:ROST) is an off-price concept that sells apparel and other goods at prices much lower than department stores. Why Are We Positive On ROST? Aggressive strategy of rolling out new stores to gobble up whitespace is prudent given its same-store sales growth Same-store sales growth averaged 3.5% over the past two years, showing it's bringing new and repeat shoppers into its stores ROIC punches in at 28.3%, illustrating management's expertise in identifying profitable investments, and its rising returns show it's making even more lucrative bets At $136.58 per share, Ross Stores trades at 20.6x forward P/E. Is now the time to initiate a position? Find out in our full research report, it's free. H&R Block (HRB) Trailing 12-Month Free Cash Flow Margin: 17.5% Founded in 1955 by brothers Henry W. Bloch and Richard A. Bloch, H&R Block (NYSE:HRB) is a tax preparation company offering professional tax assistance and financial solutions to individuals and small businesses. Why Are We Bullish on HRB? Remarkable 30.5% revenue growth over the last five years demonstrates its ability to capture significant market share Share buybacks catapulted its annual earnings per share growth to 41.5%, which outperformed its revenue gains over the last five years Stellar returns on capital showcase management's ability to surface highly profitable business ventures, and its returns are climbing as it finds even more attractive growth opportunities H&R Block's stock price of $54.57 implies a valuation ratio of 16.4x forward EV-to-EBITDA. Is now a good time to buy? See for yourself in our comprehensive research report, it's free. High-Quality Stocks for All Market Conditions When Trump unveiled his aggressive tariff plan in April 2024, markets tanked as investors feared a full-blown trade war. But those who panicked and sold missed the subsequent rebound that's already erased most losses. Don't let fear keep you from great opportunities and take a look at Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-07-2025
- Business
- Yahoo
Here's Why Ross Stores (ROST) Fell More Than Broader Market
In the latest trading session, Ross Stores (ROST) closed at $127.59, marking a -2.73% move from the previous day. This change lagged the S&P 500's 0.4% loss on the day. Elsewhere, the Dow saw a downswing of 0.98%, while the tech-heavy Nasdaq appreciated by 0.18%. Coming into today, shares of the discount retailer had gained 0.02% in the past month. In that same time, the Retail-Wholesale sector gained 4.14%, while the S&P 500 gained 4.97%. The investment community will be closely monitoring the performance of Ross Stores in its forthcoming earnings report. The company's upcoming EPS is projected at $1.54, signifying a 3.14% drop compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $5.53 billion, up 4.68% from the prior-year quarter. For the annual period, the Zacks Consensus Estimates anticipate earnings of $6.23 per share and a revenue of $21.99 billion, signifying shifts of -1.42% and +4.07%, respectively, from the last year. Investors should also take note of any recent adjustments to analyst estimates for Ross Stores. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 0.3% higher. Ross Stores presently features a Zacks Rank of #4 (Sell). Digging into valuation, Ross Stores currently has a Forward P/E ratio of 21.04. For comparison, its industry has an average Forward P/E of 21.39, which means Ross Stores is trading at a discount to the group. Also, we should mention that ROST has a PEG ratio of 2.51. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Retail - Discount Stores industry held an average PEG ratio of 2.81. The Retail - Discount Stores industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 155, placing it within the bottom 38% of over 250 industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow ROST in the coming trading sessions, be sure to utilize Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ross Stores, Inc. (ROST) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
27-06-2025
- Business
- Yahoo
JPMorgan Bullish on Ross Stores (ROST) Amid New Marketing and Store Refresh Strategy
Ross Stores, Inc. (NASDAQ:ROST) ranks among the best consumer discretionary stocks to buy now. JPMorgan raised its price target for Ross Stores, Inc. (NASDAQ:ROST) from $141 to $154 on June 13 while maintaining its Overweight rating on the company's shares. The firm mentioned the possibility of increased traffic and comparable store sales growth after a meeting with the company's executive team. Ross Stores, Inc. (NASDAQ:ROST) is putting a new marketing and in-store experience strategy into action. The retailer intends to begin early marketing campaigns in July/August and hopes to have refreshed the entirety of its chain of stores by the end of fiscal year 2026, which management believes could lead to same-store sales growth of more than 3-4%. Ross Stores, Inc. (NASDAQ:ROST) demonstrated sequential comparable sales gains at the end of the first quarter, especially in March and April, according to JPMorgan. Based on the firm's 'healthy' second-quarter guidance of up to 3% growth, the company's historical pattern points to a possible 300 basis point two-year stack acceleration compared to the first quarter. Ross Stores, Inc. (NASDAQ:ROST) is a discount clothing retailer that runs home fashion stores under the DD's Discount and Ross Dress for Less (Ross) brands. Along with footwear, accessories, and home fashion, the company's outlets offer customers cheap in-season designer and name-brand clothing. While we acknowledge the potential of ROST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None. Sign in to access your portfolio
Yahoo
25-05-2025
- Business
- Yahoo
Why Ross Stores Inc. (ROST) Crashed On Friday
We recently published a list of . In this article, we are going to take a look at where Ross Stores Inc. (NASDAQ:ROST) stands against other Friday's worst-performing stocks. Discount retailer Ross Stores dropped its share prices by 9.85 percent on Friday to end at $137.26 each, primarily due to a pessimistic business outlook and the withdrawal of its earlier growth targets. 'While we directly import only a small portion of our merchandise, more than half of the goods we sell originate from China. As such, we expect pressure on our profitability if tariffs remain at elevated levels,' said Ross Stores Inc. (NASDAQ:ROST) CEO Jim Conroy, adding that the company was withdrawing previously provided annual sales and earnings guidance. For the second quarter of the year, Ross Stores Inc. (NASDAQ:ROST) now expects same-store sales growth to remain flat or grow by up to 3 percent, much slower than the 4-percent gain registered in the same period last year. Earnings per share, on the other hand, are now projected to be in the range of $1.40 to $1.55, versus a $1.59 growth in the same comparable period. A close-up of a mannequin outfitted with the company's latest collection of apparel. In the first quarter of the year, Ross Stores Inc.'s (NASDAQ:ROST) net income edged lower by 1.8 percent to $479 million from the $488 million registered in the same period last year. Revenues grew by 2.6 percent to $4.984 billion from $4.858 billion year-on-year. Overall, ROST ranks 7th on our list of Friday's worst-performing stocks. While we acknowledge the potential of ROST, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ROST and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
