Hey Roger,
Check out ROST stats! Still a solid CC workhorse!
Stock Analysis of Ross Stores
Thank you for requesting an analysis of Ross Stores from VectorVest
ProGraphics. The ticker symbol for Ross Stores is ROST. ROST is
traded on the NASDAQ and options are available on this stock.
PRICE: ROST closed on 23-Apr-1998 at $48.00 per share.
VALUE: ROST has a Value of $81.20 per share. Value is the foundation
of the VectorVest system.It is a measure of what a stock is currently
worth. Value is based upon earnings, earnings growth rate, dividend
payments, dividend growth rate, and financial performance. Current
interest and inflation rates also play an important role in the
computation of Value. When interest and/or inflation rates decrease,
Value goes up. When interest rates and inflation increase, Value goes
down. Sooner or later a stock's Price and Value always converge.
RV (Relative Value): ROST has an RV of 1.56. On a scale of 0.00 to
2.00, an RV of 1.56 is excellent. RV reflects the long-term price
appreciation potential of the stock compared to an alternative
investment in AAA Corporate Bonds. Stocks with RV ratings above 1.00
have attractive upside potential. A stock will have an RV greater
than 1.00 when its Value is greater than Price, and its Relative
Safety (see below) and forecasted earnings growth rate are above
average. In some cases, however, a stock's RV will be above 1.00 even
though its Value is well below Price. This happens when a stock has
an exemplary record of financial performance and an above average
earnings growth rate. In this case, the stock is currently selling at
a premium, and the investor is banking on future earnings growth to
drive the stock's price higher. This information is very useful not
only in knowing whether or not a stock has favorable price
appreciation potential, but it also solves the riddle of whether to
buy high growth, high P/E, or low growth, low P/E stocks.
We believe that RV ratings above 1.00 are required to consistently
achieve above average capital gains in the stock market.
RS (Relative Safety): ROST has an RS rating of 1.21. On a scale of
0.00 to 2.00, an RS of 1.21 is very good. VectorVest looks at safety
from the viewpoint of an equity investor (one who is buying stock of
a company) rather than that of a purchaser of debt (one who is
lending money to the company). From this perspective, consistency of
financial and operating performance, stock price appreciation
history, and price volatility are the key factors used in the
evaluation of Relative Safety (RS). Debt to equity ratio,
capitalization, sales volume, business longevity and other factors
are also considered, but to a lesser degree.
VectorVest favors steady, predictable performers. All stocks are
rated on a scale of 0.00 to 2.00. A stock with an RS greater than
1.00 is safer and more predictable than the average of all stocks. A
stock with an RS less than 1.00 is less predictable and riskier than
the average stock.
RT (Relative Timing): ROST has an RT rating of 1.51. On a scale of
0.00 to 2.00, an RT of 1.51 is excellent. RT is a fast, responsive,
short-term price trend indicator. It analyzes the direction,
magnitude, and dynamics of a stock's price behavior over the last 13
weeks; then reflects and projects the short-term price performance of
the stock. Once a stock's Price has established a strong trend, it is
expected to continue that trend for the short-term. If the trend
dissipates, RT will gravitate towards 1.00. Should the price change
dramatically, RT will notice the crucial turning point. When
warranted, it will explode from a Price low and dive from a Price
high.
All stocks are rated on a scale of 0.00 to 2.00. If RT is above
1.00,the stock's Price is in an uptrend. Below 1.00, the stock's
Price is in a downtrend.
VST-Vector (VST): ROST has a VST-Vector rating of 1.43. On a scale of
0.00 to 2.00, an VST of 1.43 is excellent. VST-Vector solves the
dilemma of balancing Value, Safety and Timing. Stocks with high RV
values often have low RS values, or stocks withlow RV and RS values
have high RT's. How can we find the stocks with the best combinations
of Value, Safety, and Timing?
The classic vector formula (square root of the sum of the squares)
handles this problem. It combines a set of forces into a single
indicator for ranking every stock in the VectorVest database. Stocks
with the highest VST-Vector have the best combinations of Value,
Safety and Timing. These are the ones to own for above average
capital application.
GRT (Growth Rate): ROST has a GRT of 23 % per year. This is
excellent. GRT stands for forecasted Earnings Growth Rate in percent
per year. GRT is updated each week for every stock. Watch GRT trends
very carefully. If the GRT trend is up, the stock's Price will likely
rise. If the GRT trend is down, the stock's Price will increase more
slowly, cease to increase, or subsequently fall.
Recommendation (REC): ROST has a Buy recommendation. REC reflects the
cumulative effect of all the VectorVest parameters working together.
These parameters are designed to help investors buy safe, undervalued
stocks which are rising in price, and to avoid or sell risky,
overvalued stocks which are falling in price.
VectorVest is tuned to give an "H" or "B" signal when a stock's price
is approximately 10% above a recent low, and an "S" signal when the
stock's price is approximately 10% below a recent high. High RV, RS
stocks are favored toward receiving "B" REC's, and sheltered from
receiving "S" RECs.
STOP-PRICE: ROST has a Stop-Price of$ 42.90 per share. This is $5.10
or10.6% belowits current closing Price. VectorVest analyzes over
6,000 stocks each day for Value, Safety and Timing, and calculates a
Stop-Price for each stock. These Stop-Prices are based upon 13 week
moving averages of closing prices, and are fine-tuned according to
each stock's fundamentals.
In the VectorVest system, a stock gets a "B" or an "H" recommendation
if its price is above its Stop-Price, and an "S" recommendation if
its price is below its Stop-Price.
DIV (Dividend): ROST pays an annual dividend of 0.22 per share.
VectorVest focuses on annual, regular, cash dividends indicated by
the most recent disbursement. Special distributions, one-time
payments, stock dividends, etc., generally are not included in
Dividend (DIV).
DY (Dividend Yield): ROST has a DY of 0.5 percent. This is below the
current market average of 1.2 percent. DY equals 100 x (DIV/PRICE),
and is expressed as a percentage.
EY (Earnings Yield): ROST has an EY of 5.75%. This is above the
current market average of 4.71%. EY equals 100 x (EARNINGS PER
SHARE/PRICE), and is expressed as a percentage.
EPS (Earnings Per Share): ROST has an EPS of $2.76 per share. EPS
stands for leading 12 months Earnings Per Share. VectorVest
determines this forecast from a combination of recent earnings
performance and traditional fiscal and/or calendar year earnings
forecasts.
P/E (Price to Earnings Ratio): ROST has a P/E ratio of 17.40. This
ratio is computed daily based upon Price and EPS. P/E = Price/EPS.
GPE (Growth to P/E Ratio): ROST has a GPE of 1.32. This ratio
suggests that This ratio suggests that ROST is undervalued. Growth to
P/E ratio is a popular measure of stock valuation which compares
Earnings Growth Rate (GRT) to Price Earnings ratio (P/E). A stock is
considered to be undervalued when GPE is greater than 1.00, and vice-
versa. VectorVest believes that RV is a much better indicator of long-
term value. The RV of 1.56 for ROST is excellent.
DS (Dividend Safety): ROST has a DS of 84. On a scale of 0 to 99, a
DS of 84 is excellent. DS is defined as the assurance that regular
cash dividends will be declared and paid at current or at higher
rates for the foreseeable future. Stocks with DS values above 50 on a
scale of 0 to 99 areabove average in safety.
RISK (Dividend Risk): ROST has a Dividend Risk of Low. All stocks in
the VectorVest system that pay dividends are classified as having
Low, Medium or High Dividend Risk (RISK). Stocks with DS values above
50 are above average in safety. These stocks are classified as having
LOW or MEDIUM RISK. Stocks with DS values below 50 are below average
in safety and are classified as having HIGH Risk.
DG (Dividend Growth): ROST has a DG of 14 percent per year. Dividend
Growth is a subtle yet important indicator of a company's historical
financial performance and the board's current outlook on the future
use of funds.
YSG-VECTOR (Yield-Safety-Growth Vector): ROST has a YSG-Vector of
1.08. On a scale of 0.00 to 2.00, an YSG-Vector rating of 1.08 is
fair. VectorVest combines Dividend YIELD, SAFETY and GROWTH into a
single parameter. YSG-Vector allows direct comparison of all dividend
paying stocks. Stocks with the highest YSG-Vector values have the
best combinations of Dividend Yield, Safety and Growth. These are the
stocks to buy for above average current income and long-term growth.
VOL(100)s: ROST traded 423500 shares on 23-Apr-1998.
AVG VOL(100)s: ROST has an Average Volume of 491270. Average Volume
is 50 day moving average of daily volume as computed by VectorVest.
% VOL: ROST had a Volume change of -13.8% from its 50 day moving
average volume.
OPEN: ROST opened trading at $48.00 per share on 23-Apr-1998.
HIGH: ROST traded at a high of $48.50 per share on 23-Apr-1998.
LOW: ROST traded at a low of $47.80 per share on 23-Apr-1998.
CLOSE: ROST Closed trading at $48.00 per share on 23-Apr-1998.
% PRC: ROST showed a Price change of 0.6% from the prior day's
closing price.
INDUSTRY: ROST has been assigned to the Retail (Apparel) Group.
VectorVest classifies stocks into over 190 Industry Groups and 50
Business Sectors.
ROST has well above average safety with well above average upside
potential. It reflects a stock which is likely to give well above
average,quite consistent returns over the long term.
The basic strategy of VectorVest is to buy low risk, high reward
stocks. We suggest that Prudent investors buy enough high Relative
Value, high Relative Safety stocks to keep the overall RV and RS
ratings of their portfolios above 1.00. As you do this, you'll find
that your risk will go down and your investment performance will
improve. Not a bad combination.
Thank you for your interest in VectorVest ProGraphics. |
