Ross Stores Stock Price, News & Analysis (NASDAQ:ROST) $132.14 +1.76 (+1.35%) (As of 12/1/2023 ET) Add Compare Share Share Today's Range$130.15▼$132.3150-Day Range$108.92▼$132.1452-Week Range$99.00▼$132.31Volume1.92 million shsAverage Volume2.42 million shsMarket Capitalization$45.01 billionP/E Ratio26.17Dividend Yield1.01%Price Target$130.70 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Ross Stores MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.78 Rating ScoreUpside/Downside1.1% Downside$130.70 Price TargetShort InterestHealthy1.21% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.57Upright™ Environmental ScoreNews Sentiment1.16Based on 11 Articles This WeekInsider TradingSelling Shares$2.32 M Sold Last QuarterProj. Earnings Growth8.77%From $5.36 to $5.83 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.49 out of 5 starsRetail/Wholesale Sector53rd out of 205 stocksFamily Clothing Stores Industry2nd out of 11 stocks 2.4 Analyst's Opinion Consensus RatingRoss Stores has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 15 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $130.70, Ross Stores has a forecasted downside of 1.1% from its current price of $132.14.Amount of Analyst CoverageRoss Stores has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.21% of the float of Ross Stores has been sold short.Short Interest Ratio / Days to CoverRoss Stores has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ross Stores has recently increased by 2.04%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldRoss Stores pays a meaningful dividend of 1.01%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRoss Stores has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Ross Stores is 26.53%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Ross Stores will have a dividend payout ratio of 22.98% next year. This indicates that Ross Stores will be able to sustain or increase its dividend. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreRoss Stores has received a 0.87% net impact score from Upright. Ross Stores seems to create the most significant positive value in categories "Jobs", "Taxes", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Physical retail of clothing at a discount store", "Physical retail of shoes at a discount store", and "Physical retail of pet products at a discount store" products. See details.Environmental SustainabilityThe Environmental Impact score for Ross Stores is -2.57. Previous Next 4.0 News and Social Media Coverage News SentimentRoss Stores has a news sentiment score of 1.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Ross Stores this week, compared to 8 articles on an average week.Search Interest14 people have searched for ROST on MarketBeat in the last 30 days. This is an increase of 367% compared to the previous 30 days.MarketBeat Follows7 people have added Ross Stores to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ross Stores insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,318,286.00 in company stock.Percentage Held by InsidersOnly 2.00% of the stock of Ross Stores is held by insiders.Percentage Held by Institutions84.79% of the stock of Ross Stores is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Ross Stores are expected to grow by 8.77% in the coming year, from $5.36 to $5.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ross Stores is 26.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Ross Stores is 26.17, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 20.56.Price to Earnings Growth RatioRoss Stores has a PEG Ratio of 2.09. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioRoss Stores has a P/B Ratio of 9.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ross Stores Stock (NASDAQ:ROST)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 brand names in the United States. Its stores primarily offer 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 for households with moderate income. Ross Stores, Inc. was incorporated in 1957 and is headquartered in Dublin, California.Read More ROST Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ROST Stock News HeadlinesNovember 25, 2023 | marketbeat.comMarketBeat Week in Review – 11/20 - 11/24 (ROST)Stocks continued to rally as investors shrugged off a cautious retail outlook, but the rally's breadth remains limited to specific stocks and sectorsNovember 20, 2023 | marketbeat.comPlan to own one retailer? Make it this one (ROST)Dollar for dollar, Ross is arguably the strongest-performing retail stock to own this holiday season.December 3, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 18, 2023 | marketbeat.comS&P 500's Whirlwind: Big gains, warning whispers & tactical moves (ROST)The S&P 500's bullish momentum fueled by techs faces headwinds with revenue setbacks, the EV market cooling, and cautionary signals for investors to monitor.November 17, 2023 | marketbeat.comGap, Ross Stores rise; BJ's Wholesale, ChargePoint fall, Friday, 11/17/2023Stocks that are trading heavily or have substantial price changes on Friday: Gap, Ross Stores rise; BJ’s Wholesale, ChargePoint fallNovember 16, 2023 | marketbeat.com5 reasons TJX Companies will hit new highs in 2024 (ROST)The TJX Companies had a solid quarter showing that off-price retail is gaining momentum while Target is losing ground. One stock will shine in 2024November 15, 2023 | marketbeat.comCompound your way to wealth with these retail stocks (ROST)You will not expect these two names to be the ones to guide you by the hand on your journey to building wealth, but numbers don't lieDecember 3, 2023 | americanbankingnews.comRoss Stores (NASDAQ:ROST) Sets New 12-Month High at $132.08December 3, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.December 1, 2023 | finance.yahoo.comCustomers Love this Low-Price Retailer, But Is the Stock a Buy?December 1, 2023 | americanbankingnews.comAnalysts Set Ross Stores, Inc. (NASDAQ:ROST) Price Target at $130.70November 30, 2023 | finance.yahoo.comPetco (WOOF) Q3 Earnings Miss Estimates, Sales Decline Y/YNovember 30, 2023 | finance.yahoo.comRoss Stores (ROST) Upgraded to Buy: Here's WhyNovember 24, 2023 | finance.yahoo.comLULU, SKX, ROST: 3 Apparel Stocks Analysts Find FashionableNovember 24, 2023 | americanbankingnews.comRoss Stores (NASDAQ:ROST) Sets New 52-Week High at $131.31November 20, 2023 | finance.yahoo.comCompany News for Nov 20, 2023November 20, 2023 | finance.yahoo.comBJ's Wholesale Club (BJ) Q3 Earnings Top Estimates, Decline Y/YNovember 20, 2023 | finance.yahoo.comSprouts Farmers (SFM) Poised on Customer-Centric ApproachNovember 20, 2023 | finance.yahoo.comBurlington (BURL) Q3 Earnings: What To ExpectNovember 18, 2023 | markets.businessinsider.comRoss Stores Surpasses Expectations: Robust Q3 Performance and Future Prospects Elicit Buy RatingNovember 18, 2023 | msn.comRoss Stores Stock (NASDAQ:ROST) Jumps on Solid Q3 Earnings BeatNovember 17, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Macy’s (M), Ross Stores (ROST) and Williams-Sonoma (WSM)November 17, 2023 | markets.businessinsider.comRoss Stores Reports Strong Earnings, Joins Buckle, Twist Bioscience And Other Big Stocks Moving Higher On FridayNovember 17, 2023 | msn.comROST vs. COST: Which Stock Should Value Investors Buy Now?November 17, 2023 | msn.comShares of Ross Stores Jump as 'Off-Price' Retailer Draws Inflation-Weary ShoppersNovember 17, 2023 | markets.businessinsider.comThese Analysts Boost Their Forecasts On Ross Stores Following Upbeat ResultsNovember 17, 2023 | theglobeandmail.comWhy Are Ross Stores (ROST) Shares Soaring TodaySee More Headlines Receive ROST Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ross Stores and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 9/29 Dividend9/01/2023Dividend Payable9/29/2023Last Earnings11/16/2023Today12/02/2023Ex-Dividend for 12/29 Dividend12/04/2023Dividend Payable12/29/2023Fiscal Year End1/31/2024Next Earnings (Estimated)2/27/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Family clothing stores Sub-IndustryApparel Retail SectorRetail/Wholesale Current SymbolNASDAQ:ROST CUSIP77829610 CIK745732 Webwww.rossstores.com Phone(925) 965-4400Fax925-965-4181Employees101,000Year Founded1982Price Target and Rating Average Stock Price Target$130.70 High Stock Price Target$142.00 Low Stock Price Target$84.00 Potential Upside/Downside-1.1%Consensus RatingModerate Buy Rating Score (0-4)2.78 Research Coverage18 Analysts Profitability EPS (Most Recent Fiscal Year)$5.05 Trailing P/E Ratio26.17 Forward P/E Ratio24.65 P/E Growth2.06Net Income$1.51 billion Net Margins8.75% Pretax Margin11.53% Return on Equity38.83% Return on Assets12.38% Debt Debt-to-Equity Ratio0.48 Current Ratio1.70 Quick Ratio1.11 Sales & Book Value Annual Sales$18.70 billion Price / Sales2.41 Cash Flow$5.61 per share Price / Cash Flow23.55 Book Value$13.45 per share Price / Book9.82Miscellaneous Outstanding Shares340,660,000Free Float333,843,000Market Cap$45.01 billion OptionableOptionable Beta1.02 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMs. Barbara Rentler (Age 66)Vice Chairman & CEO Comp: $1.53MMr. Michael K. Kobayashi (Age 59)President & Chief Capability Officer Comp: $1.17MMr. Michael J. Hartshorn (Age 55)Group President, COO & Director Comp: $1.25MMr. Adam M. Orvos (Age 58)Executive VP & CFO Comp: $2.86MMr. Brian R. Morrow (Age 63)President & Chief Merchandising Officer of dd's DISCOUNTS Comp: $1.11MMr. Michael Balmuth (Age 72)Executive Chairman of the Board Comp: $7.04MMr. Jeffrey P. Burrill (Age 53)Senior VP, Corporate Controller & Chief Accounting Officer Connie KaoGroup Vice President of Investor & Media RelationsMr. Ken JewGroup Senior VP, General Counsel & Corporate SecretaryMr. Ken CaruanaExecutive VP of Strategy, Marketing & Human ResourcesMore ExecutivesKey CompetitorsTJX CompaniesNYSE:TJXAutoZoneNYSE:AZOJD.comNASDAQ:JDYum! BrandsNYSE:YUMFastenalNASDAQ:FASTView All CompetitorsInsiders & InstitutionsWellington Management Group LLPBought 673,670 shares on 12/1/2023Ownership: 1.210%B. Riley Wealth Advisors Inc.Sold 221 shares on 12/1/2023Ownership: 0.002%American Century Companies Inc.Bought 256,647 shares on 11/30/2023Ownership: 0.270%Modera Wealth Management LLCBought 105 shares on 11/30/2023Ownership: 0.001%USA Financial FormulasBought 1,602 shares on 11/27/2023Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions Should I Buy Ross Stores Stock? ROST Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Ross Stores was last updated on Tuesday, November 28, 2023 at 9:32 AM. Pros Here are some ways that investors could benefit from investing in Ross Stores, Inc.: Ross Stores, Inc. operates off-price retail apparel and home fashion stores, which can attract budget-conscious consumers looking for discounted products. The company has a strong presence in the United States with its Ross Dress for Less and dd's DISCOUNTS brand names, providing a wide reach to potential customers. Institutional investors, who currently own a significant portion of the stock, have shown confidence in Ross Stores, Inc., indicating potential growth prospects. The company's focus on middle-income households and moderate-income households allows it to target a broad customer base, increasing its market potential. Ross Stores, Inc. has a long-standing history since its incorporation in 1957, demonstrating stability and experience in the retail industry. Cons Investors should be bearish about investing in Ross Stores, Inc. for these reasons: The apparel retail industry is highly competitive, and Ross Stores, Inc. may face challenges in maintaining market share and profitability. The company's performance is influenced by consumer spending patterns, which can be affected by economic downturns or changes in consumer preferences. Recent developments, such as the impact of the COVID-19 pandemic, may have negatively affected the company's financial performance and could continue to pose risks in the future. Investors should closely monitor the company's stock price and financial indicators to make informed investment decisions, as stock prices can fluctuate based on market conditions and investor sentiment. The apparel retail industry is subject to fashion trends and changing consumer preferences, which may require Ross Stores, Inc. to adapt its product offerings to remain competitive. ROST Stock Analysis - Frequently Asked Questions Should I buy or sell Ross Stores stock right now? 18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last year. There are currently 1 sell rating, 2 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ROST shares. View ROST analyst ratings or view top-rated stocks. What is Ross Stores' stock price target for 2024? 18 equities research analysts have issued 12-month price targets for Ross Stores' stock. Their ROST share price targets range from $84.00 to $142.00. On average, they predict the company's share price to reach $130.70 in the next year. This suggests that the stock has a possible downside of 1.1%. View analysts price targets for ROST or view top-rated stocks among Wall Street analysts. How have ROST shares performed in 2023? Ross Stores' stock was trading at $116.07 at the start of the year. Since then, ROST stock has increased by 13.8% and is now trading at $132.14. View the best growth stocks for 2023 here. When is Ross Stores' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024. View our ROST earnings forecast. How were Ross Stores' earnings last quarter? Ross Stores, Inc. (NASDAQ:ROST) posted its quarterly earnings results on Thursday, November, 16th. The apparel retailer reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.11. The apparel retailer had revenue of $4.92 billion for the quarter, compared to the consensus estimate of $4.84 billion. Ross Stores had a trailing twelve-month return on equity of 38.83% and a net margin of 8.75%. The business's quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.00 EPS. Read the conference call transcript. How often does Ross Stores pay dividends? What is the dividend yield for Ross Stores? Ross Stores announced a quarterly dividend on Wednesday, November 15th. Stockholders of record on Tuesday, December 5th will be paid a dividend of $0.335 per share on Friday, December 29th. This represents a $1.34 annualized dividend and a yield of 1.01%. The ex-dividend date of this dividend is Monday, December 4th. Read our dividend analysis for ROST. Is Ross Stores a good dividend stock? Ross Stores (NASDAQ:ROST) pays an annual dividend of $1.34 per share and currently has a dividend yield of 1.01%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 26.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ROST will have a dividend payout ratio of 22.98% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ROST. What ETFs hold Ross Stores' stock? ETFs with the largest weight of Ross Stores (NASDAQ:ROST) stock in their portfolio include WBI BullBear Quality 3000 ETF (WBIL), VictoryShares THB Mid Cap ESG ETF (MDCP), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM), Democratic Large Cap Core ETF (DEMZ), VanEck Retail ETF (RTH), First Trust Growth Strength ETF (FTGS), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) and iShares U.S. Consumer Focused ETF (IEDI). How will Ross Stores' stock buyback program work? Ross Stores announced that its board has initiated a share repurchase program on Tuesday, March 1st 2022, which allows the company to repurchase $1,900,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its stock is undervalued. What guidance has Ross Stores issued on next quarter's earnings? Ross Stores updated its fourth quarter 2023 earnings guidance on Thursday, November, 16th. The company provided earnings per share guidance of $1.56-$1.62 for the period, compared to the consensus estimate of $1.62. The company issued revenue guidance of -. What is Barbara Rentler's approval rating as Ross Stores' CEO? 1,341 employees have rated Ross Stores Chief Executive Officer Barbara Rentler on Glassdoor.com. Barbara Rentler has an approval rating of 67% among the company's employees. 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 Walt Disney (DIS), NVIDIA (NVDA), Home Depot (HD), Intel (INTC), Johnson & Johnson (JNJ), Visa (V), Cisco Systems (CSCO), Starbucks (SBUX), Alibaba Group (BABA) and Walmart (WMT). Who are Ross Stores' major shareholders? Ross Stores' stock is owned by many different institutional and retail investors. Top institutional shareholders include Primecap Management Co. CA (3.20%), FMR LLC (2.52%), Massachusetts Financial Services Co. MA (1.46%), Victory Capital Management Inc. (1.30%), Morgan Stanley (1.26%) and Wellington Management Group LLP (1.21%). Insiders that own company stock include Barbara Rentler, Brian R Morrow, Brian R Morrow, George Orban, Jeffrey P Burrill, Michael Balmuth, Michael J Bush, Michael J Hartshorn, Michael K Kobayashi, Michael K Kobayashi and Travis Marquette. View institutional ownership trends. How do I buy shares of Ross Stores? Shares of ROST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. Does Ross Stores have any subsidiaries? The following companies are subsidiares of Ross Stores: Retail Assurance Group Inc., Ross Distribution Company LLC, Ross Dress For Less Inc., Ross Merchandising Inc., and Ross Procurement Inc..Read More This page (NASDAQ:ROST) was last updated on 12/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ross Stores, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.