NASDAQ:ROST - Ross Stores Stock Price, News, & Analysis

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$91.50 -0.01 (-0.01 %)
(As of 03/22/2019 04:07 AM ET)
Previous Close$91.51
Today's Range$91.06 - $91.92
52-Week Range$74.53 - $104.35
Volume1.48 million shs
Average Volume2.45 million shs
Market Capitalization$33.91 billion
P/E Ratio21.48
Dividend Yield1.11%
Beta0.9
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 February 20, 2019, it operated approximately 1,700 Ross Dress for Less and dd's DISCOUNTS stores in 38 states, the District of Columbia, and Guam. The company was founded in 1982 and is headquartered in Dublin, California.

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Industry, Sector and Symbol

Industry Family clothing stores
Sub-IndustryApparel Retail
SectorRetail/Wholesale
Current SymbolNASDAQ:ROST
CUSIP77829610
Phone925-965-4400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.98 billion
Cash Flow$5.1637 per share
Book Value$8.92 per share

Profitability

Net Income$1.59 billion

Miscellaneous

Employees82,700
Market Cap$33.91 billion
Next Earnings Date5/23/2019 (Estimated)
OptionableOptionable

Ross Stores (NASDAQ:ROST) Frequently Asked Questions

What is Ross Stores' stock symbol?

Ross Stores trades on the NASDAQ under the ticker symbol "ROST."

How often does Ross Stores pay dividends? What is the dividend yield for Ross Stores?

Ross Stores announced a quarterly dividend on Tuesday, March 5th. Shareholders of record on Monday, March 18th will be paid a dividend of $0.255 per share on Friday, March 29th. This represents a $1.02 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date is Wednesday, March 6th. This is a boost from Ross Stores's previous quarterly dividend of $0.23. View Ross Stores' Dividend History.

How will Ross Stores' stock buyback program work?

Ross Stores declared that its Board of Directors has approved a share buyback plan on Tuesday, March 5th 2019, which authorizes the company to buyback $2,550,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 7.3% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's leadership believes its stock is undervalued.

How were Ross Stores' earnings last quarter?

Ross Stores, Inc. (NASDAQ:ROST) released its quarterly earnings data on Thursday, August, 23rd. The apparel retailer reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.03. The apparel retailer had revenue of $3.74 billion for the quarter, compared to analyst estimates of $3.66 billion. Ross Stores had a return on equity of 49.58% and a net margin of 10.60%. The business's revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.82 earnings per share. View Ross Stores' Earnings History.

When is Ross Stores' next earnings date?

Ross Stores is scheduled to release their next quarterly earnings announcement on Thursday, May 23rd 2019. View Earnings Estimates for Ross Stores.

What guidance has Ross Stores issued on next quarter's earnings?

Ross Stores issued an update on its first quarter 2019 earnings guidance on Tuesday, March, 5th. The company provided EPS guidance of $1.05-1.11 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.18. Ross Stores also updated its FY 2019 guidance to $4.30-4.50 EPS.

What price target have analysts set for ROST?

26 analysts have issued 1 year target prices for Ross Stores' stock. Their forecasts range from $86.00 to $115.00. On average, they expect Ross Stores' stock price to reach $97.1739 in the next twelve months. This suggests a possible upside of 6.2% from the stock's current price. View Analyst Price Targets for Ross Stores.

What is the consensus analysts' recommendation for Ross Stores?

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last year. There are currently 9 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ross Stores.

What are Wall Street analysts saying about Ross Stores stock?

Here are some recent quotes from research analysts about Ross Stores stock:
  • 1. Guggenheim analysts commented, "We remain BUY-rated and would use any weakness in shares as an incremental opportunity to accumulate; our price target is $105." (3/5/2019)
  • 2. According to Zacks Investment Research, "Ross Stores surpassed the industry in the past year owing to its robust earnings surprise trend. Notably, the company delivered its 10th consecutive earnings beat in third-quarter fiscal 2018. Earnings gained from ongoing success in delivering broad assortments of compelling bargains to value-focused customers. Moreover, its commitment to better price management, merchandise initiatives, cost containment and store expansions bode well. Additionally, the company raised earnings outlook for fourth quarter and fiscal 2018. However, headwinds related to higher freight costs and wage investments have been hurting margins for a while. Notably, these headwinds weighed upon the company’s operating margin and led to higher cost of goods sold and SG&A expenses, in the fiscal third quarter. The company expects freight and wage investment-related constraints to continue impacting operating margins throughout fiscal 2018." (2/14/2019)

Has Ross Stores been receiving favorable news coverage?

News headlines about ROST stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ross Stores earned a news impact score of 1.3 on InfoTrie's scale. They also assigned news coverage about the apparel retailer a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the stock's share price in the next several days.

Who are some of Ross Stores' key competitors?

What other stocks do shareholders of Ross Stores own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ross Stores investors own include Home Depot (HD), Starbucks (SBUX), UnitedHealth Group (UNH), Intel (INTC), Mcdonald's (MCD), Netflix (NFLX), TJX Companies (TJX), Visa (V), Cisco Systems (CSCO) and Johnson & Johnson (JNJ).

Who are Ross Stores' key executives?

Ross Stores' management team includes the folowing people:
  • Mr. Michael Balmuth, Exec. Chairman (Age 68)
  • Ms. Barbara Rentler, CEO & Director (Age 62)
  • Mr. Michael B. O'Sullivan, Pres, COO & Director (Age 55)
  • Mr. Michael J. Hartshorn, Exec. VP, CFO & Principal Accounting Officer (Age 51)
  • Mr. Bernard Brautigan, Pres of Merchandising- Ross Dress for Less (Age 54)

Who are Ross Stores' major shareholders?

Ross Stores' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.57%), FMR LLC (6.13%), Oregon Public Employees Retirement Fund (3.74%), Geode Capital Management LLC (1.64%), Massachusetts Financial Services Co. MA (1.53%) and Amundi Pioneer Asset Management Inc. (1.34%). Company insiders that own Ross Stores stock include Barbara Rentler, Bernard G Brautigan, Brian R Morrow, James S Fassio, Lisa R Panattoni, Michael Balmuth, Michael J Bush, Michael J Hartshorn, Norman A Ferber and Sharon D Garrett. View Institutional Ownership Trends for Ross Stores.

Which major investors are selling Ross Stores stock?

ROST stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., 1832 Asset Management L.P., Bank of America Corp DE, Amundi Pioneer Asset Management Inc., Los Angeles Capital Management & Equity Research Inc., First Quadrant L P CA, Alecta Pensionsforsakring Omsesidigt and Jennison Associates LLC. Company insiders that have sold Ross Stores company stock in the last year include Barbara Rentler, Bernard G Brautigan, James S Fassio, Lisa R Panattoni, Michael Balmuth, Michael J Bush and Norman A Ferber. View Insider Buying and Selling for Ross Stores.

Which major investors are buying Ross Stores stock?

ROST stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, BlackRock Inc., Boston Partners, California Public Employees Retirement System, Coho Partners Ltd., APG Asset Management N.V. and Geode Capital Management LLC. View Insider Buying and Selling for Ross Stores.

How do I buy shares of Ross Stores?

Shares of ROST can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ross Stores' stock price today?

One share of ROST stock can currently be purchased for approximately $91.50.

How big of a company is Ross Stores?

Ross Stores has a market capitalization of $33.91 billion and generates $14.98 billion in revenue each year. The apparel retailer earns $1.59 billion in net income (profit) each year or $4.26 on an earnings per share basis. Ross Stores employs 82,700 workers across the globe.

What is Ross Stores' official website?

The official website for Ross Stores is http://www.rossstores.com.

How can I contact Ross Stores?

Ross Stores' mailing address is 5130 HACIENDA DRIVE, DUBLIN CA, 94568. The apparel retailer can be reached via phone at 925-965-4400 or via email at [email protected]


MarketBeat Community Rating for Ross Stores (NASDAQ ROST)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  723 (Vote Outperform)
Underperform Votes:  736 (Vote Underperform)
Total Votes:  1,459
MarketBeat's community ratings are surveys of what our community members think about Ross Stores and other stocks. Vote "Outperform" if you believe ROST will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ROST will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

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