Ross Stores (ROST) Advances But Underperforms Market: Key Facts

Company Performance - Ross Stores (ROST) closed at $149.79, with a daily increase of +0.57%, underperforming the S&P 500's gain of 0.61% [1] - Over the past month, ROST shares declined by 1.02%, lagging behind the Retail-Wholesale sector's increase of 2.32% and the S&P 500's gain of 2.08% [1] Earnings Expectations - The upcoming earnings report is anticipated to show an EPS of$ 1.65, reflecting a decrease of 9.34% from the same quarter last year [2] - The Zacks Consensus Estimate projects net sales of $5.92 billion, down 1.77% year-over-year [2] Full Year Projections - For the full year, analysts expect earnings of$ 6.17 per share and revenue of $21.13 billion, indicating increases of +10.97% and +3.71% respectively from the previous year [3] Analyst Sentiment - Recent changes in analyst estimates for Ross Stores are crucial as they indicate near-term business trends, with positive revisions suggesting optimism about the company's profitability [3][4] Zacks Rank and Valuation - Ross Stores currently holds a Zacks Rank of 2 (Buy), with a historical average annual return of +25% for stocks rated 1 since 1988 [5] - The company has a Forward P/E ratio of 24.12, which is higher than the industry average of 20.63 [6] Growth Metrics - The PEG ratio for Ross Stores is 2.46, compared to the industry average PEG ratio of 2.35, indicating a premium valuation relative to expected earnings growth [7] Industry Context - The Retail - Discount Stores industry ranks in the top 11% of all industries, with a Zacks Industry Rank of 27, suggesting strong performance potential [8]