Ross Stores (ROST) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Core Viewpoint - Ross Stores (ROST) has experienced a stock price decline of 5.52% over the past month, underperforming the Retail-Wholesale sector and the S&P 500 index [1] Group 1: Stock Performance - At the latest market close, Ross Stores reached a price of $144.22, reflecting a -0.11% change from the previous day, which is worse than the S&P 500's loss of 0.03% [1] - The stock has dropped by 5.52% in the past month, while the Retail-Wholesale sector lost only 0.9% and the S&P 500 gained 1.39% [1] Group 2: Earnings Estimates - The upcoming earnings report for Ross Stores is projected to show an EPS of $1.41, indicating a 6.02% increase compared to the same quarter last year [1] - Quarterly revenue is expected to be $5.17 billion, up 5.01% from the previous year [1] - For the full year, analysts expect earnings of $6.20 per share and revenue of $21.27 billion, representing changes of +11.51% and +4.39% respectively from last year [1] Group 3: Analyst Estimates and Rankings - Recent changes to analyst estimates for Ross Stores reflect near-term business trends, with positive revisions indicating optimism about the company's profitability [2] - The Zacks Rank for Ross Stores is currently 3 (Hold), with the Zacks Rank system showing that 1 stocks have generated an average annual return of +25% since 1988 [2] Group 4: Valuation Metrics - Ross Stores has a Forward P/E ratio of 23.29, which is higher than the industry average of 20.41 [3] - The company has a PEG ratio of 2.35, compared to the Retail - Discount Stores industry's average PEG ratio of 2.38 [3] - The Retail - Discount Stores industry ranks in the bottom 37% of all industries, with a Zacks Industry Rank of 160 [3]