I'm always on the lookout for excellent companies with a long growth trends in front of them. Ross Stores, Inc. (NASDAQ:ROST) fits that bill but are the shares currently priced for perfection? Ross Stores is a discount retailer that offers consumers discounts off department store prices. Ross Stores is a dividend contender with 20 consecutive years of dividend growth with a 10-year growth rate of 23.9% per year. ROST closed trading on Tuesday, April 14th at $103.80 with a current yield of 0.91%.
The following tables/graphs are from my personal stock analysis spreadsheet. Data for the stock analysis was acquired from Ross Stores, Inc.'s investor relations page, Morningstar, and Yahoo Finance.
Historic Growth Rates:
Historically, owners of Ross Stores, Inc. have done very well. According to longrundata.com, ROST has rewarded investors with a total return of 806% or 23.2% annualized over the last 10 years. Looking at the historic growth rates for per share dividends, earnings, revenue, and free cash flow paints a solid historical basis.
You can read the full analysis of Ross Stores, Inc. over at Seeking Alpha.