As of February 13, 2024, Ross Stores (NASDAQ: ROST) has displayed exceptional investment performance over the past 15 years, surpassing the market by a significant margin. Here are the key takeaways from this analysis:
Annualized Performance: Ross Stores has achieved an impressive average annual return of 16.31% over the last 15 years, outperforming the market by an annualized rate of 3.29%.
Investment Growth: If an individual had invested $100 in ROST 15 years ago, that investment would now be valued at approximately $959.80, based on the current stock price of $145.41.
Market Capitalization: Ross Stores currently boasts a market capitalization of $48.95 billion, signifying its substantial presence in the market.
Compounded Returns Impact: This example emphasizes the significant influence that compounded returns can have on investment growth over an extended period.
This analysis underscores the value of long-term investment in companies like Ross Stores, which have consistently outperformed the market. It serves as a testament to the power of compounded returns in generating wealth over time.
Ross Stores, Inc.
Updated on: 01/03/2024
Debt to equity ratio: Buy
Price to earnings ratio: Strong Buy
Price to book ratio: Strong Buy
ROE: Strong Buy
We did not find social sentiment data for this stock
|Analyst / firm
Loop Capital Markets
Gordon Haskett Capital Corporation
|Loop Capital Markets
ROST Stock Performance: Analyzing Short-Term Decline and Long-Term Potential
On February 13, 2024, the stock performance of ROST, the ticker symbol for Ross Stores Inc., indicated a slight decline in its price momentum. ROST was trading near the top of its 52-week range and above its 200-day simple moving average. However, on this particular day, ROST experienced a decrease in its share price. The price dropped by $1.19 since the market last closed, representing a 0.82% decline. The stock opened at $143.62, which was $1.79 lower than its previous close.
Despite this drop, ROST was still trading near the top of its 52-week range and above its 200-day simple moving average, suggesting a positive long-term trend. Investors should be cautious not to overreact to short-term fluctuations and consider broader trends and additional factors before making any investment decisions. Assessing the stock’s performance over a more extended period is crucial for understanding its overall trajectory.
Ross Stores Inc. Reports Flat Total Revenue but Decline in Net Income and EPS: Analysis and Insights
On February 13, 2024, Ross Stores Inc. (ROST) reported its stock performances based on the information provided by CNN Money. The company’s total revenue for the past year stood at $18.70 billion, which remained flat compared to the previous year. Similarly, the total revenue for the third quarter of the same year was $4.92 billion, which also remained flat compared to the previous quarter.
Despite the flat total revenue, Ross Stores Inc. experienced a decline in net income. The net income for the past year was reported at $1.51 billion, representing a decrease of 12.22% compared to the previous year. However, the net income for the third quarter of 2024 remained flat at $447.33 million, showing no change compared to the previous quarter.
The earnings per share (EPS) for Ross Stores Inc. also experienced a decline. The EPS for the past year was reported at $4.38, reflecting a decrease of 10.06% compared to the previous year. Similarly, the EPS for the third quarter of 2024 remained flat at $1.33, showing no change compared to the previous quarter.
These financial indicators provide insight into the performance of Ross Stores Inc. on February 13, 2024. While the company’s total revenue remained flat since the previous year and quarter, there was a noticeable decline in net income and EPS.
The decrease in net income can be concerning for investors, as it indicates a decline in profitability. However, it is worth noting that the net income held flat since the previous quarter, which could suggest that the company has stabilized its earnings.
The decline in EPS is also noteworthy, as it indicates a decrease in the company’s profitability on a per-share basis. This could be attributed to various factors, such as increased expenses or a decrease in sales.
Investors and analysts will closely monitor these financial indicators to assess the overall performance and financial health of Ross Stores Inc. It will be essential to analyze future financial reports to determine whether the decline in net income and EPS is a temporary setback or a more significant concern for the company.
As with any investment, it is crucial to conduct thorough research and analysis before making any decisions. The provided information serves as a snapshot of Ross Stores Inc.’s performance on February 13, 2024, and should be considered alongside other relevant factors and market conditions.