Ross Stores Looks Undervalued: Is Now the Time to Buy the Stock?
ZACKS· 2025-04-28 17:45
Core Viewpoint - Ross Stores, Inc. (ROST) is trading at a discount compared to its industry peers, with a forward P/E ratio of 21.41X, significantly lower than the industry average of 31.61X, making it an attractive opportunity for long-term, value-focused investors [1][4]. Valuation Comparison - ROST's valuation is compelling when compared to major discount retailers such as Costco (51.07X), Burlington (23.14X), and TJX (27.93X) [4]. Stock Performance - ROST stock has shown a growth of 9.3% over the past month, outperforming the broader Retail-Wholesale sector's decline of 0.2% and the Zacks Retail - Discount Stores industry's growth of 3% [5]. - In comparison, peers like TJX and Costco gained 3.9% and 3.3%, while Burlington lost 6.4% during the same period [6]. Sales Growth - ROST experienced a 3% improvement in comparable store sales in Q4 fiscal 2024, driven by increased customer traffic and larger basket sizes, resulting in a year-over-year sales growth of 3% [10]. - The company's business model focuses on competitive bargains and off-price retailing, which has helped maintain its appeal across various economic conditions [11][12]. Expansion Plans - ROST plans to open 19 new stores in Q1 fiscal 2025, including 16 Ross and 3 dd's DISCOUNTS, with an overall target of approximately 90 new locations for fiscal 2025 [13]. Earnings Estimates - The Zacks Consensus Estimate for ROST's earnings per share has increased by 1.4% and 7.8% for fiscal 2025 and 2026, respectively [14]. Near-Term Challenges - Despite its strengths, ROST faces challenges due to macroeconomic volatility, rising inflation, and geopolitical uncertainty, which have affected consumer confidence and discretionary spending [15][16]. - For Q1 fiscal 2025, ROST anticipates comparable store sales to be flat to down by 3%, with total sales projected to decline by 1% to increase by 3% year-over-year [16][17]. Strategic Focus - ROST's strategy emphasizes value-oriented off-price retailing, delivering branded and designer goods at discounted prices, which has helped maintain its competitive advantage [19].
DICK'S Sporting's Omnichannel Efforts Bode Well: Apt to Hold the Stock
ZACKS· 2025-04-28 17:45
Core Insights - DICK'S Sporting Goods is enhancing customer experience through strategic merchandising initiatives and store-related efforts, focusing on an omnichannel approach to engage athletes effectively [1][6] Strategic Initiatives - The company has transformed its traditional 50,000 square-foot store format into the Field House concept, inspired by House of Sport, which includes interactive experiences and unique presentations [2] - Field House stores have shown strong performance, with 15 new locations opened in fiscal 2024, totaling 26, and plans to add 18 more in the current fiscal year, aiming for 44 locations by year-end [3] - The GameChanger app has attracted approximately 9 million unique users in fiscal 2024, with an average of 1.8 million daily active users in the fourth quarter, enhancing athlete engagement beyond traditional shopping [4] - DICK'S Media Network, a new retail media platform leveraging the Scorecard loyalty program, has garnered strong initial interest and is expected to contribute to long-term sales growth and improved margins [5] Financial Performance and Projections - The company is experiencing brand strength and market share gains, with management committed to digital innovation to capture additional sales and enhance overall profitability [6] - In the fourth quarter of fiscal 2024, adjusted SG&A expenses rose by 7.8%, leading to a 101 basis points deleverage as a percentage of sales, with expectations of further deleverage in the first half of fiscal 2025 [7][8] - The Zacks Consensus Estimate for fiscal 2025 sales is $13.85 billion, reflecting a 3.1% year-over-year growth, while EPS is projected at $14.32, indicating a 1.9% increase [12]
3 Reasons Why Gorman-Rupp (GRC) Is a Great Growth Stock
ZACKS· 2025-04-28 17:45
Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with Gorman-Rupp (GRC) identified as a strong candidate due to its favorable growth metrics and Zacks Rank [2][9]. Earnings Growth - Gorman-Rupp has a historical EPS growth rate of 8.7%, but projected EPS growth for this year is expected to be 13.7%, significantly outperforming the industry average of 6.4% [5]. Cash Flow Growth - The company exhibits a year-over-year cash flow growth of 19.3%, which is substantially higher than the industry average of 1.3%. Over the past 3-5 years, Gorman-Rupp's annualized cash flow growth rate has been 10.6%, compared to the industry average of 8.5% [6][7]. Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Gorman-Rupp, with the Zacks Consensus Estimate for the current year increasing by 0.5% over the past month, indicating strong near-term stock price movement potential [8]. Overall Assessment - Gorman-Rupp has achieved a Growth Score of B and holds a Zacks Rank 2, reflecting its strong growth prospects and positive earnings estimate revisions, making it a solid choice for growth investors [9][10].
Stantec (STN) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2025-04-28 17:45
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks ...
Eyes On Park Introduces Revolutionary Envision by InMode System for Advanced Dry Eye Treatment in New York City
Newsfile· 2025-04-28 17:41
Core Insights - Eyes On Park has introduced the Envision by InMode system, a revolutionary non-invasive technology for advanced dry eye treatment in New York City [1][4][17] - The system combines Forma-I radiofrequency and Lumecca-I intense pulsed light therapies to address the root causes of dry eye disease, improving patient outcomes significantly [3][16] Treatment Technology - The Envision system utilizes two complementary technologies: Forma-I radiofrequency technology and Lumecca-I intense pulsed light therapy [5][7] - Forma-I delivers bipolar radiofrequency energy to enhance blood circulation and stimulate natural healing processes, particularly effective for meibomian gland dysfunction [6][11] - Lumecca-I uses intense pulsed light to reduce inflammation and improve symptoms in patients with inflammatory dry eye and ocular rosacea [7][12] Treatment Benefits - Patients typically experience noticeable improvement after just one session, with optimal results achieved after a series of treatments [15][16] - The Envision system provides a non-invasive treatment option that requires no downtime, allowing patients to resume normal activities immediately [15][16] Personalized Care - Treatment plans are customized based on comprehensive diagnostic testing, including advanced K5M diagnostic scans, allowing for tailored approaches to each patient's specific needs [14][15] - The practice emphasizes that no two cases of dry eye disease are identical, leading to higher patient satisfaction through targeted treatment [15] Availability - The Envision by InMode system is now available at Eyes On Park, and patients can schedule consultations to determine the suitability of this advanced treatment [17][18]
Domino's customers are avoiding delivery and picking up their pizzas to save money
Business Insider· 2025-04-28 17:40
Domino's customers cut back on delivery during the company's first quarter as some decided to pick up their own orders and save money. It reflects a trend that kicked off in 2024 as many diners continue to seek value when they order food. While some Domino's customers are willing to pay the fees and tip associated with delivery, others preferred to stop by a Domino's location to pick up orders themselves and save some money, CEO Russell Weiner told Business Insider last year.In the US, delivery comparable ...
First Financial Bancorp: Well-Positioned, Attractive Yield
Seeking Alpha· 2025-04-28 17:36
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KLAC Set to Report Q3 Earnings: What's in the Cards for the Stock?
ZACKS· 2025-04-28 17:35
KLA Corporation (KLAC) is set to report its third-quarter fiscal 2025 results on April 30.For the third quarter of fiscal 2025, KLAC expects revenues of $3 billion, plus/minus $150 million. The Zacks Consensus Estimate for revenues is pegged at $3.01 billion, indicating an increase of 27.36% from the year-ago quarter’s reported figure.KLA expects non-GAAP earnings of $8.05 per share, plus/minus 60 cents. The consensus mark for earnings is pegged at $8.06 per share, which has moved down by a penny over the p ...
GM Q1 Earnings On Tap: 2025 Could Be The Year 'Margins Surprise'
Benzinga· 2025-04-28 17:33
General Motors Co GM is set to report its first-quarter earnings on Tuesday before the market opens. Wall Street expects earnings per share of $2.73 on revenues of $43.15 billion.The stock has gained 2.65% over the past year but remains down 8% year-to-date, as tariff headlines and macro noise kept the auto sector spinning its wheels.Let's take a look at what the charts are signaling for GM stock ahead of earnings.Read Also: Automakers Are Struggling With Tariffs And EV Competition, Say AnalystsGM Technical ...
Bears Pile on Amazon.com Stock Before Earnings
Schaeffers Investment Research· 2025-04-28 17:30
Amazon.com Inc (NASDAQ:AMZN) is among the "Magnificent Seven" names hitting the earnings confessional this week, with first-quarter results due out after the close on Thursday, May 1. Wall Street will be eager to learn how tariffs are impacting consumer spending on the e-commerce platform. Ahead of the event, Oppenheimer cut AMZN's price objective to $220 from $260.AMZN was last seen down 1.7% to trade at $185.83, looking to snap its four-day win streak after gaining 9.5% last week. Shares are down 15.5% so ...