07-08-2018: Ross Stores, Inc. (ROST): Discount Clothing Store Giant

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Recommendation

Ross Stores, Inc.

Here is our impression of Ross Stores, as we go through the review. It has an extremely high Zenith Index indicating fundamental strength and good financial management. News on this stock consists largely of new store openings all over the United States. This is a high growth stock. Researchers overwhelmingly like the stock, and analysts are positive on it, even the Val Idea "gurus." Chart patterns continue to look favorable even though in the last ten years one holding stock would have made ten times his money.

Executives seem way overpaid indicating possibly poor corporate governance. There is no glitzy annual report nor CEO Letter to Shareholders, but the company, as do so many other American corporations, relies on conference calls and occasional "guidance."

Market Grader likes the stock but Standard & Poor's is neutral on it. It appears to be more a buy and hold stock than one for traders. Earnings growth is very consistent year after year. The stock does not fall into the category of one that was "overlooked" by any means but seems fairly priced.

We noted a very heavy concentration of stores in the Los Angeles area of Southern California, near where the company is based, but also in Texas and and Florida. Oddly, not so much, if at all in New York. Seems to favor areas where people where lighter clothes.

Competition in the discount store arena pressures margins, but apparently this company knows how to compete. 



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Zenith Index

Under current market conditions, a Zenith Index Score of 1.20 or above is required for a positive rating on this factor. 1.21 -1.30 is considered acceptable, 1.30-1.40 is considered strong and
> 1.40 is considered exceptionally strong. Accounting statements in this section often contain mistakes, especially in earlier years' totals, but data is deemed sufficient for us to give a rating. More accurate financial statements follow in the next section.

Ross Stores, Inc. (ROST)                                  Exchange: Nasdaq
5130 Hacienda Drive
Dublin, CA 94568                 Sector: Consumer Cyclical
United States                    Industry:Apparel Stores

Ross Stores, Inc., together with its subsidiaries, operates off-price
retail apparel and home fashion stores under the Ross Dress for Less and
dd's DISCOUNTS brands in the United States. It primarily offers apparel,
accessories, footwear, and home fashions. The company's Ross Dress for
Less stores sell its products at department and specialty stores
primarily to middle income households; and dd's DISCOUNTS stores sell
its products at department and discount stores regular prices to
customers from households with moderate income. As of March 12, 2018, it
operated 1,432 locations in 38 states, the District of Columbia, and
Guam; and 219 dd's DISCOUNTS stores in 17 states. The company was
founded in 1982 and is headquartered in Dublin, California.

Last Trade:  84.57                           52-Week Range:  87.22 -  52.85
Employees: 82,700                            Avg.Volume:   2,704,134 Shares

Corporate Governance:
Pillar scores are Audit: 2; Board: 9; Shareholder Rights: 4; Compensation: 4.
         (A lower number means less governance risk.)

EPS:  3.55    Dividend Amount: $ 0.90          Yield:  1.12%
             Ex-Dividend Date: Mar 16, 2018    Payout Ratio:  18.03

Key Statistics:

    Trailing P/E:  23.99              Forward P/E (est.):  18.97
                                           Target Price:  89.45

Qrtly Stock Price Growth (yoy):  47.36%               Beta:   0.77
Qrtly S&P Index   Growth (yoy):  15.90%        Short Ratio:   4.59%
    Qrtly Revenue Growth (yoy):  12.09%         Shares Out:  378630000
   Qrtly Earnings Growth (yoy):   0.00%

          Book Value:   8.03                    Debt/Equity:  13.02%
    Price/Book Value:  10.60        Operating Profit Margin:  14.49%
         Price/Sales:   2.28                  Profit Margin:   9.64%
         Market Cap:  32,244,000,000       Return on Equity:  47.01%
    Enterprise Value:  28,490,000,000      Return on Assets:  23.21%

    Operating Cash Flow:  1,680,000,000
         Free Cash Flow:  1,230,000,000



Annual Income Statement:                          (All numbers in thousands)
  Period Ending                             02/3/2018    1/28/2017   1/30/2016

  Total Revenue                             14,134,732  12,866,757  11,939,999
  Cost of Revenue                           10,042,638   9,173,705   8,576,873
  Gross Profit                               4,092,094   3,693,052   3,363,126

Operating Expenses:
  Research & Development                             0           0           0
  Selling, General & Administrative          2,043,698   1,890,408   1,738,755
  Non-Recurring Expenses                             0           0           0
  Other Operating Expenses                           0           0           0
  Total Operating Expenses                           0           0           0

Operating Income or Loss                     2,048,396   1,802,644   1,624,371

Income from Continuing Operations:
  Total Other Income/Expenses Net                    0           0           0
  Earnings Before Interest & Taxes           2,048,396   1,802,644   1,624,371
  Interest Expense                               7,676      16,488      12,612
  Income Before Taxes                        2,040,720   1,786,156   1,611,759
  Income Tax Expense                           677,967     668,502     591,098
  Minority Interest                                  0           0           0

Net Income from Continuing Op.s              1,362,753   1,117,654   1,020,661

Non-recurring Events:
  Discontinued Operations                            0           0           0
  Extraordinary Items                                0           0           0
  Effect of Accounting Changes                       0           0           0
  Other Items                                        0           0           0
  Net Income                                 1,362,753   1,117,654   1,020,661
  Preferred Stock & Other Adjustments                0           0           0

Net Income Avail to Common Shares            1,362,753   1,117,654   1,020,661



Annual Cash Flow Statement:                   (All numbers in thousands)
  Period Ending                         02/3/2018      1/28/2017     1/30/2016

  Net Income                             1,362,753     1,117,654     1,020,661

Operating Activities:
  Depreciation                             313,163       302,515       274,828
  Adjustments to Net Income                 46,186        65,851       127,295
  Changes in Accounts Recv'bls                   0             0             0
  Changes in Liabilities                   119,821       167,541       -36,607
  Changes in Investories                  -128,849       -93,782       -46,429
  Changes in other Oper'g Acts             -31,796          -928       -13,496

Total Cash Flow f Operations             1,681,278     1,558,851     1,326,252

Investing Activities:
  Capital Exenditures                     -371,423      -297,880      -366,960
  Investments                                   40         1,729           386
  Other Cash Flows fr Investing             18,291         3,388         4,065

Total Cash Flows from Investing           -353,092      -292,763      -362,509

Financing Activities:
  Dividends Paid                          -247,526      -214,640      -192,312
  Sale of Purchase of Stock               -901,965      -724,782      -748,739
  Net Borrowings                                 0             0             0
  Other Cash Flows fr Financing                  0             0         4,065

Total Cash Flows from Financing         -1,149,491      -916,091      -898,749

  Effect of Exchange Rate Chg                    0             0             0

Change in Cash & Cash Equiv.               178,695       349,997        64,994



Annual Balance Sheets:                              (All Numbers in Thousands)
  Period Ending                          02/3/2018      1/28/2017     1/30/2016
Current Assets:
  Cash & Cash Equivalents                 1,290,294     1,111,599       761,602
  Short Term Investments                        512             0         1,737
  Net Receivables                            87,868        75,154        73,627
  Inventory                               1,641,735     1,512,886     1,419,104
  Other Current Assets                      130,748       113,410       116,125
  Total Current Assets                    3,152,181     2,813,049     2,370,458

  Long-Term Investments                         712         1,288         1,331
  Property, Plant & Equipt                2,382,464     2,328,048     2,342,906
  Goodwill                                        0             0             0
  Intangible Assets                               0             0             0
  Accumulated Amortization                        0             0             0
  Other Assets                              187,718       166,966       152,687
  Deferred LT Asset Charges                       0             0             0

Total Assets                              5,722,051     5,309,351     4,869,119

Current Liabilities:
  Accounts Payable                        1,841,429     1,752,506     1,602,847
  Current Portion LT Debt                    84,973             0             0
  Other Current Liabilities                       0             0             0
  Total Current Liabilities               1,926,402     1,752,506      1,602,847

  Long Term Debt                          1,841,429     1,752,506     1,602,847
  Other Liabilities                          84,973             0             0
  Deferred LT Liab. Charges                       0             0             0
  Minority Interest                               0             0             0
  Negative Goodwill                               0             0             0

Total Liabilities                         2,708,322     2,439,949     2,397,128

Stockholder Equity:
  Misc. Options, Warrants                         0             0             0
  Redeemable Preferred Stock                      0             0             0
  Preferred Stock                                 0             0             0
  Common Stock                                3,796         3,919         4,023
  Retained Earnings                       2,071,400     1,801,138     1,574,982
  Treasury Stock                           -318,279      -272,846      -229,525
  Capital Surplus                         1,292,364     1,215,715     1,122,329
  Other Stockhohlder Equity                      27            91           182
  Total Stockholder Equity                3,049,308     2,748,017     2,471,991

Net Tangible Assets                       3,049,308     2,748,017     2,471,991



Ross Stores, Inc. (ROST)                    [Indices near +3.0, near zero,
                                            or < zero bear special attention.]
P/E Ratio Tests:
P/E Ratio < 28?            1.1672          P/E Ratio > 5?             1.0000
P/E Ratio Vs Growth Rate:  0.0000          Forward P/E Ratio < 28?    1.4760
Price/Sales Ratio < 2.3?   1.0088          Inventory/Sales < 5%?      0.4305
Sales < $1 Billion?        0.0707          Operating Margin < 7.5%?   0.5176

Balance Sheet Tests:
Debt/Equity < 0.40?        3.0000          Long-Term Debt Service:    3.0000
LTD Being Reduced?         3.0000          Short-Term Debt Service:   3.0000
Current Ratio > 2?         0.8182          Working Capital >= 1.5?    0.9289
Leverage Ratio < 20%?      2.0207          Debt/Assets < 1?           3.0000
Quick Ratio > 1?           3.0000          Inventory Turnover > 1?    1.0000
Share Equity Increase:     2.2213          Market Cap.< 1.5 Billion?  0.0465
                                           Intangibles < 3% Assets?   3.0000
Income Tests:
Profit Margin < 7.5%?      1.2853          EPS Annual Growth > 10%?   0.0820
Dividend Yield > 2.0%?     1.7857          EPS 3-yr Growth > 15?      0.1123
Enterprise Value/Revenue   2.2811          EPS Growth Consistent?     2.0000
Enterprise Value/EBITDA:   3.0000          Collection < 45 days?      3.0000
EPS Qrtly Growth > 10%?    0.0000          Gross Pft/Cur. LTD > 1?    3.0000
                                           Borrowing Int. Rate < 6%?  2.4387
Stock Performance Tests:
Volatility > 25%?          1.5762          % Held by Insiders < 5%?   2.2523
Beta > 1.25?               0.6160          % Held by Institut. < 50?  0.5384
50 Da MA > 200 Da MA?      0.1149          % Held by Institut. > 30?  3.0000
52-Wk Change vs. S&P 500:  3.0000          Short Ratio > 5?           0.9180
Price/Book Value < 3?      0.2849          Short % of Float > 20?     0.1380
Return on Assets > 17%?    1.3653          Average Volume > 100,000?  3.0000

Cash Flow Tests:
Oper. C.F. > Lever'd C.F:  1.3659          Positive Free Cash Flow?   3.0000
Positive Oper. Cash Flow?  3.0000          Price to C.F.Ratio < 14?:  1.3824
                                           Cash Flow / Assets > 10%?  3.0000

ROST   Ross Stores, Inc.                   Overall Zenith Index:      1.6582


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Financial Statements

ROSS STORES INC  (ROST)                     INCOME STATEMENT

Fiscal year ends in January.                         2014-01         2015-01         2016-01         2017-01         2018-01             TTM           

Revenue                                       10,230,352,896  11,041,677,312  11,939,998,720  12,866,756,608  14,134,731,776  14,416,921,600
Cost of revenue                                7,360,924,160   7,937,955,840   8,576,872,960   9,173,704,704  10,042,638,336  10,234,891,264
Gross profit                                   2,869,428,992   3,103,720,960   3,363,126,016   3,693,051,904   4,092,093,952   4,182,031,104


Operating expenses
Sales, General and administrative              1,526,365,952   1,615,371,008   1,738,754,944   1,890,407,936   2,043,698,048   2,093,302,016
Total operating expenses                       1,526,365,952   1,615,371,008   1,738,754,944   1,890,407,936   2,043,698,048   2,093,302,016

Operating income                               1,343,063,040   1,488,349,952   1,624,370,944   1,802,643,968   2,048,396,032   2,088,728,960
Interest Expense                                     300,000       3,395,000      13,290,000      19,569,000      18,847,000      18,445,000
Other income (expense)                               547,000         411,000         678,000       3,081,000      11,171,000      14,441,000
Income before income taxes                     1,343,309,952   1,485,366,016   1,611,758,976   1,786,156,032   2,040,720,000   2,084,724,992
Provision for income taxes                       506,006,016     560,641,984     591,097,984     668,502,016     677,966,976     624,737,984
Net income from continuing operations            837,304,000     924,723,968   1,020,660,992   1,117,654,016   1,362,753,024   1,459,986,944
Net income                                       837,304,000     924,723,968   1,020,660,992   1,117,654,016   1,362,753,024   1,459,986,944
Net income available to common shareholders      837,304,000     924,723,968   1,020,660,992   1,117,654,016   1,362,753,024   1,459,986,944

Earnings per share
Basic                                                   1.97            2.23            2.53            2.85            3.58            3.87 
Diluted                                                 1.94            2.21            2.51            2.83            3.55            3.84 

Weighted average shares outstanding
Basic                                            425,761,984     413,553,984     403,033,984     392,124,000     381,174,016     378,015,008
Diluted                                          431,609,984     418,078,016     406,404,992     394,958,016     384,328,992     381,161,984

____________________________________________________________________________________________________________________________________________


ROSS STORES INC  (ROST)                     BALANCE SHEET

Fiscal year ends in January.                         2014-01         2015-01         2016-01         2017-01         2018-01             

Assets

Current assets

Cash

Short-term investments                            12,006,000         500,000       1,737,000               0         512,000
Total cash                                       435,174,016     697,107,968     763,339,008   1,111,598,976   1,290,806,016

Receivables                                       62,612,000      73,278,000      73,627,000      75,154,000      87,868,000
Inventories                                    1,257,154,944   1,372,674,944   1,419,104,000   1,512,886,016   1,641,735,040
Deferred income taxes                             10,227,000      12,951,000               0               0               0
Prepaid expenses                                  81,257,000      87,065,000     116,125,000     113,410,000     130,748,000
Other current assets                              20,734,000      19,713,000               0               0               0
Total current assets                           1,867,159,040   2,262,789,888   2,372,195,072   2,813,049,088   3,151,156,992

Non-current assets

Property, plant and equipment
Land                                             478,972,992     952,428,032   1,084,327,936   1,101,334,016   1,109,172,992
Fixtures and equipment                         1,678,397,056   1,933,383,040   2,244,790,016   2,421,645,056   2,603,318,016
Other properties                               1,324,193,024   1,148,286,976   1,010,790,976   1,068,275,008   1,195,687,936
Property and equipment, at cost                3,481,562,880   4,034,097,920   4,339,909,120   4,591,254,016   4,908,178,944
Accumulated Depreciation                      -1,606,264,064  -1,760,345,984  -1,997,003,008  -2,263,205,888  -2,525,714,944
Property, plant and equipment, net             1,875,298,944   2,273,752,064   2,342,906,112   2,328,048,128   2,382,464,000

Equity and other investments                       3,710,000       3,110,000       1,331,000       1,288,000         712,000
Goodwill                                           2,889,000       2,889,000               0               0               0
Other long-term assets                           147,740,000     160,592,992     152,687,008     166,966,000     187,718,000
Total non-current assets                       2,029,638,016   2,440,344,064   2,496,923,904   2,496,302,080   2,570,894,080

Total assets                                   3,896,796,928   4,703,134,208   4,869,118,976   5,309,350,912   5,722,051,072 

Liabilities and stockholders' equity

Liabilities

Current liabilities
Short-term debt                                            0               0               0               0      84,973,000
Accounts payable                                 779,454,976   1,000,700,032     945,558,976   1,021,734,976   1,059,843,968
Taxes payable                                     18,349,000      17,202,000               0      16,153,000               0
Accrued liabilities                              595,252,992     641,465,984     657,288,000     714,617,984     781,585,024
Total current liabilities                      1,393,057,024   1,659,367,936   1,602,846,976   1,752,505,984   1,926,402,048

Non-current liabilities
Long-term debt                                   150,000,000     398,375,008     396,024,992     396,492,992     311,993,984
Deferred taxes liabilities                        58,871,000      86,681,000     130,088,000     121,385,000      85,806,000
Deferred revenues                                 64,671,000      59,465,000      63,241,000      67,941,000      73,059,000
Other long-term liabilities                      222,896,000     220,035,008     204,927,008     223,008,992     275,481,984
Total non-current liabilities                    496,438,016     764,556,032     794,281,024     808,828,032     746,340,992

Total liabilities                              1,889,495,040   2,423,923,968   2,397,127,936   2,561,334,016   2,672,742,912 

Stockholders' equity

Common stock                                       2,134,000       2,075,000       4,023,000       3,919,000       3,796,000
Additional paid-in capital                       935,590,976   1,015,681,024   1,122,328,960   1,215,714,944   1,292,364,032
Retained earnings                              1,190,747,008   1,421,724,032   1,574,982,016   1,801,138,048   2,071,399,936
Treasury stock                                  -121,559,000    -160,600,000    -229,524,992    -272,846,016    -318,279,008
Accumulated other comprehensive income               389,000         330,000         182,000          91,000          27,000
Total stockholders' equity                     2,007,302,016   2,279,209,984   2,471,991,040   2,748,016,896   3,049,307,904
Total liabilities and stockholders' equity     3,896,796,928   4,703,134,208   4,869,118,976   5,309,350,912   5,722,051,072

____________________________________________________________________________________________________________________________________________


ROSS STORES INC  (ROST)                     Statement of CASH FLOW

Fiscal year ends in January. USD.                    2014-01         2015-01         2016-01         2017-01         2018-01             TTM           

Cash Flows From Operating Activities
Depreciation & amortization                      206,111,008     232,959,008     274,828,000     302,515,008     313,163,008     317,140,000
Deferred income taxes                             12,411,000      54,845,000      98,740,000      14,628,000     -34,903,000     -28,908,000
Stock based compensation                          46,847,000      53,001,000      70,937,000      74,554,000      87,417,000      90,939,000
Inventory                                        -47,918,000    -115,520,000     -46,429,000     -93,782,000    -128,849,000    -300,696,000
Accounts payable                                  -4,104,000     204,158,000     -41,464,000      83,085,000      41,322,000     117,211,000
Other working capital                             -1,742,000      48,113,000      -8,719,000      83,528,000      46,703,000     -16,878,000
Other non-cash items                             810,398,016     895,308,992     978,358,976   1,094,322,944   1,356,424,960   1,453,659,008
Net cash provided by operating activities      1,022,003,008   1,372,865,024   1,326,252,032   1,558,850,944   1,681,277,952   1,632,466,944

Cash Flows From Investing Activities
Investments in property, plant, and equipmen    -550,515,008    -646,691,008    -366,960,000    -297,880,000    -371,423,008    -375,244,992
Property, plant, and equipment reductions                  0               0               0               0      15,981,000               0
Purchases of investments                         -12,012,000               0        -718,000               0               0               0
Sales/Maturities of investments                    1,614,000      12,021,000       1,104,000       1,729,000          40,000               0
Other investing charges                           -2,895,000      -4,329,000       4,065,000       3,388,000       2,310,000      18,836,000
Net cash used for investing activities          -563,808,000    -638,998,976    -362,508,992    -292,763,008    -353,092,000    -356,408,992

Cash Flows From Financing Activities
Long-term debt issued                                      0     245,676,000               0               0               0               0
Excess tax benefit from stock based compe         26,906,000      29,415,000      42,302,000      23,331,000               0               0
Repurchases of treasury stock                   -579,851,008    -589,041,024    -768,924,992    -743,321,024    -920,433,024    -966,804,992
Cash dividends paid                             -147,916,992    -168,454,000    -192,312,000    -214,640,000    -247,526,000    -270,140,992
Other financing activities                        19,074,000      21,978,000      20,186,000      18,539,000      18,468,000      18,746,000
Net cash provided by (used for) financing       -681,788,032    -460,425,984    -898,748,992    -916,091,008  -1,149,490,944  -1,218,200,064

Net change in cash                              -223,592,992     273,440,000      64,994,000     349,996,992     178,695,008      57,858,000
Cash at beginning of period                      646,761,024     423,168,000     696,608,000     761,601,984   1,111,598,976   1,308,882,944
Cash at end of period                            423,168,000     696,608,000     761,601,984   1,111,598,976   1,290,294,016   1,366,740,992

Free Cash Flow
Operating cash flow                            1,022,003,008   1,372,865,024   1,326,252,032   1,558,850,944   1,681,277,952   1,632,466,944
Capital expenditure                             -550,515,008    -646,691,008    -366,960,000    -297,880,000    -371,423,008    -375,244,992
Free cash flow                                   471,488,000     726,174,016     959,292,032   1,260,971,008   1,309,854,976   1,257,222,016
____________________________________________________________________________________________________________________________________________





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Average to Current P/E Ratios
              (ROST)     Ross Stores Inc.

                               2013    2014    2015    2016    2017

          Annual Earnings:     1.94    2.21    2.51    2.83    3.55
Average Price During Year:    32.83   35.77   49.77   58.84   62.56

                P/E Ratio:    16.92   16.18   19.83   20.79   17.62

 Average 5-Year P/E Ratio  =  18.27
             Current Price =  85.16

Previous 5 Quarter Earnings:   0.82    0.82    0.72    1.19    1.11

           Current Annualized (Last Four Quarters) Earnings =   3.02
                                                           ________
                                 Average PE / Current PE =     0.65
                                                           --------

                                      ...a number above 1.00 is good
                                                1.00 or below is bad


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Financial Ratios

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Market Grader

900
901 902 903 904 905 906 907 908 909 910



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Intrinsic Value (DCF)

Intrinsic Value by Discounted Cash Flow Method:

Intrinsic Value



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Fair Value Estimator

Fair Value Estimate:

Fair ValueFair Value



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Projected Earnings

Earnings Estimates
Earnings Estimates



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Research Reports

Click Here for Research Reports



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Analysts' Opinions

Analysts' Opinion 1
Analysts' Opinion 1
Analysts' Opinion 1
Analysts' Opinion 1
Analysts' Opinion 2
Analysts' Opinion 3
Analysts' Opinion 4
Analysts' Opinion 2



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Insider Activity

Insiders Chart Insider Trades
Insider Trades
Executive Compensation Executive Compensation



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Institutional Activity

Institutional Orders to Buy or Sell:

institutions 1
Ownership:

institutions 2


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Sentiment

sentiment

Zenith uses the "sentiment" score above or below 50 to award a positive or negative point in the Decision Matrix.

sentiment sentiment sentiment



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Short Interest Ratio

As the short interest rises as a percentage of average daily share volume (Days to Cover), this is considered a measure of negative sentiment. Similarly, a decrease in that percentage is considered positive sentiment.

short interest short interest


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Standard & Poor's

S&P Stock Report (Requires Adobe Acrobat Reader)



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Management's Discussion of Results of Operations Excerpts

Click Here for Management's Discussion Excerpts



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Channeling Potential

 
The summary below includes a value for `Degree,' which refers on a
scale of 1 to 10 the range of a channel in the period under consi-
deration compared to the total range of price movement. It also looks
for the last closing price to be within the channel, otherwise zeroed.
The `Index' is the `Degree' weighted for volatility.  Generally, the
the higher the index, the more suitable is the stock for trading as
a `rolling stock' between channel high and low points.

Results for ROSS STORES INC.:
Symbol? ROST
Total Months Available:  25
       Months in Cycle?   4

Months Covered by Periods:  12

Period 1           Period 2          Period 3
   H1      L1        H2      L2        H3      L3
  66.16   52.85     85.66   62.85     87.22   73.76

RANGE   =  87.22  TO   52.85            Close =  85.11
CHANNEL =  73.76  TO   66.16           Degree =   2
Volatility =   8.93%                    Index =   1
Channel Chart



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MACD Histogram Divergence

The theory is that connecting the two most recent peaks or valleys of the MACD histogram will signal the direction of the next major move.



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Intraday Chart

2 Days:



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Val Idea

5 out of 8 favorable, (positive opinion.)

Val Idea
Val Idea


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Stock Consultant

Stock Consultant Stock Consultant


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Point & Figure Chart

P & F Chart


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Wall Street Analyzer





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Marketspace Chart

Marketspace Chart



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Time Series Forecast

Time Series 1 Time Series 2


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Neural Network Prediction

"Neurostock" can only track long trades. Therefore its performance, as tracked by itself on stocks which are consistently falling, may not appear as good as it could if each "sell" signal were a "short sale."

Neural Chart
Heading
Neural Trades Neural Prediction



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Ultimate Trading Systems

3 out of 3 of the ultimate systems favor an upmove.


System Below:
Short term outlook: Positive: Bright Green, Negative: Bright Red
Long term outlook: Postive: Dark Green, Negative: Dark Red.




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Recommendation

Decision Weighting Factors
FactorsWeighted Points
News + 1
Comparison - 1
Industry + 1
Bond Issue + 1
Zenith Index + 1
Non-GAAP vs. GAAP Earnings - 1
Cash Flow + 1
Average to Current P/E - 1
Ratios + 1
Market Grader + 1
Intrinsic Value DCF + 1
Fair Value Estimator + 1
Projected Earnings + 1
Research Reports + 1
Analysts + 1
Executive Perquisites - 1
Insider Activity - 1
Institutional Activity - 1
Management Reporting + 1
Short Interest - 1
Sentiment + 1
Standard & Poor's - 1
MACD Histogram Divergence + 1
Val Idea + 1
Stock Consultant - 1
Point & Figure + 1
Wall Street Analyzer + 1
Marketspace Chart + 1
Time Series Chart + 1
Neural Network - 1
Stock Options + 1
Ultimate Trading Systems + 1
Total + 12
Place 350 shares of Ross Stores, Inc. (ROST) on the Active List.