NASDAQ:ROST Ross Stores (ROST) Stock Forecast, Price & News $109.58 -2.08 (-1.86%) (As of 03:46 PM ET) Add Compare Share Share Today's Range$109.48▼$111.0850-Day Range$110.25▼$121.8852-Week Range$81.21▼$122.70Volume1.58 million shsAverage Volume2.30 million shsMarket Capitalization$37.33 billionP/E Ratio23.22Dividend Yield1.22%Price Target$127.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Ross Stores MarketRank™ ForecastAnalyst RatingModerate Buy2.78 Rating ScoreUpside/Downside15.7% Upside$127.00 Price TargetShort InterestHealthy0.92% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.57Upright™ Environmental ScoreNews Sentiment1.20Based on 12 Articles This WeekInsider TradingSelling Shares$8.33 M Sold Last QuarterProj. Earnings Growth9.94%From $5.23 to $5.75 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.2.84 out of 5 starsRetail/Wholesale Sector30th out of 209 stocksFamily Clothing Stores Industry1st out of 11 stocks 3.4 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 $127.00, Ross Stores has a forecasted upside of 15.7% from its current price of $109.73.Amount of Analyst CoverageRoss Stores has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.92% 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 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ross Stores has recently decreased by 2.23%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldRoss Stores pays a meaningful dividend of 1.20%, 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 28.39%. 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 23.30% 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 3.4 News and Social Media Coverage News SentimentRoss Stores has a news sentiment score of 1.20. 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 0.52 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Ross Stores this week, compared to 8 articles on an average week.Search InterestOnly 6 people have searched for ROST on MarketBeat in the last 30 days. This is a decrease of -73% 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 133% 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 $8,325,441.00 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 9.94% in the coming year, from $5.23 to $5.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ross Stores is 23.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.64.Price to Earnings Ratio vs. SectorThe P/E ratio of Ross Stores is 23.25, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 21.37.Price to Earnings Growth RatioRoss Stores has a PEG Ratio of 1.84. 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 8.81. 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 (NASDAQ:ROST) StockRoss 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ROST Stock News HeadlinesAugust 29, 2023 | marketbeat.com3 Winning Retail Stocks Income Investors Can Rely On (ROST)These retailers are outperforming and driving solid returns for shareholders. Secular trends support each, and they pay healthy dividends.September 25, 2023 | americanbankingnews.comZacks Research Comments on Ross Stores, Inc.'s FY2024 Earnings (NASDAQ:ROST)September 25, 2023 | Altimetry (Ad)Biden's latest bailout--terrible for America?And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—September 23, 2023 | 247wallst.com4 Retail Stocks to Consider for Your Holiday Shopping ListSeptember 22, 2023 | finance.yahoo.comKroger (KR) to Expand Reach With New Spoke in Northern ColoradoSeptember 18, 2023 | msn.comRoss Stores: Promising Performance Fuels My Optimistic OutlookSeptember 18, 2023 | msn.comROST or TJX: Which Is the Better Value Stock Right Now?September 14, 2023 | finance.yahoo.comWhy Ross Stores (ROST) is a Top Momentum Stock for the Long-TermSeptember 25, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...September 11, 2023 | finance.yahoo.comCostco (COST) Stock Offers Enough Reasons to Stay InvestedSeptember 11, 2023 | finance.yahoo.comKroger (KR) & Albertsons to Sell Stores & Other Assets to C&SSeptember 11, 2023 | markets.businessinsider.comWells Fargo Keeps Their Buy Rating on Ross Stores (ROST)September 6, 2023 | finance.yahoo.comRoss Stores (ROST) Q2 Earnings: Taking a Look at Key Metrics Versus EstimatesSeptember 5, 2023 | benzinga.comHere's How Much $1000 Invested In Ross Stores 20 Years Ago Would Be Worth TodaySeptember 4, 2023 | finance.yahoo.comCostco's (COST) Comparable Sales Display Strength in AugustSeptember 2, 2023 | finance.yahoo.comUnpacking Ross Stores Inc's Dividend: A Deep Dive into Its Performance and SustainabilitySeptember 1, 2023 | benzinga.comRoss Stores Chief Executive Officer Sold $1.21M In Company StockSeptember 1, 2023 | finance.yahoo.comOllie's Bargain (OLLI) Beats on Q2 Earnings, Raises FY23 ViewSeptember 1, 2023 | finance.yahoo.comShould Dividend Investors Buy Ross Stores Stock?August 31, 2023 | msn.comRoss Stores (ROST) Price Target Increased by 7.13% to 130.80August 30, 2023 | benzinga.comRoss Stores Insider Trades Send a SignalAugust 28, 2023 | finance.yahoo.comAll You Need to Know About Ross Stores (ROST) Rating Upgrade to Strong BuyAugust 26, 2023 | gurufocus.comInsider Sell: Brian Morrow Sells 25,945 Shares of Ross Stores IncAugust 23, 2023 | finance.yahoo.comRoss Stores (ROST): A Fairly Valued Stock in the Retail IndustryAugust 21, 2023 | markets.businessinsider.comRoss Stores Stock (NASDAQ:ROST): Bullish Post-Earnings Options Activity Raises EyebrowsAugust 21, 2023 | finance.yahoo.comWhy Ross Stores (ROST) Might be Well Poised for a SurgeAugust 21, 2023 | finance.yahoo.comTop Stock Picks for Week of August 21, 2023See 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 ROST Company Calendar Ex-Dividend for 6/30 Dividend6/05/2023Dividend Payable6/30/2023Last Earnings8/17/2023Ex-Dividend for 9/29 Dividend9/01/2023Today9/25/2023Dividend Payable9/29/2023Next Earnings (Estimated)11/16/2023Fiscal Year End1/31/2024Get 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 Forecast$127.00 High Stock Price Forecast$142.00 Low Stock Price Forecast$84.00 Forecasted Upside/Downside+15.7%Consensus RatingModerate Buy Rating Score (0-4)2.78 Research Coverage18 Analysts Profitability EPS (Most Recent Fiscal Year)$4.72 Trailing P/E Ratio23.26 Forward P/E Ratio20.99 P/E Growth1.84Net Income$1.51 billion Net Margins8.36% Pretax Margin11.01% Return on Equity37.36% Return on Assets11.87% Debt Debt-to-Equity Ratio0.55 Current Ratio1.83 Quick Ratio1.25 Sales & Book Value Annual Sales$18.70 billion Price / Sales2.00 Cash Flow$5.44 per share Price / Cash Flow20.17 Book Value$12.45 per share Price / Book8.82Miscellaneous Outstanding Shares340,660,000Free Float333,843,000Market Cap$37.40 billion OptionableOptionable Beta0.97 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMs. Barbara Rentler (Age 66)Vice Chairman & CEO Comp: $1.53MMr. Michael K. Kobayashi (Age 59)Pres & Chief Capability Officer Comp: $1.17MMr. Michael J. Hartshorn (Age 55)Group Pres, COO & Director Mr. Adam M. Orvos (Age 58)Exec. VP & CFO Comp: $2.86MMr. Brian R. Morrow (Age 63)Pres & Chief Merchandising Officer of dd's DISCOUNTS Comp: $1.11MMr. Michael Balmuth (Age 72)Exec. Chairman Mr. Jeffrey P. Burrill (Age 53)Sr. VP, Corp. Controller & Chief Accounting Officer Connie KaoGroup VP of Investor & Media RelationsMr. Ken JewGroup Sr. VP, Gen. Counsel & Corp. Sec.Mr. Ken CaruanaExec. VP of Strategy, Marketing & HRMore ExecutivesKey CompetitorsTJX CompaniesNYSE:TJXJD.comNASDAQ:JDYum! BrandsNYSE:YUMAutoZoneNYSE:AZOKrogerNYSE:KRView All CompetitorsInsiders & InstitutionsDavidson Kempner Capital Management LPBought 64,781 shares on 9/12/2023Ownership: 0.028%Farther Finance Advisors LLCSold 269 shares on 9/12/2023Ownership: 0.000%ST Germain D J Co. Inc.Bought 7,536 shares on 9/7/2023Ownership: 0.002%Portside Wealth Group LLCBought 39,960 shares on 9/1/2023Ownership: 0.012%Barbara RentlerSold 23,254 sharesTotal: $2.79 M ($120.02/share)View All Insider TransactionsView All Institutional Transactions ROST Stock - Frequently Asked Questions Should I buy or sell Ross Stores stock right now? 18 Wall Street 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 analysts is that investors should "moderate buy" ROST shares. View ROST analyst ratings or view top-rated stocks. What is Ross Stores' stock price forecast for 2023? 18 Wall Street analysts have issued 12 month target prices for Ross Stores' shares. Their ROST share price forecasts range from $84.00 to $142.00. On average, they predict the company's stock price to reach $127.00 in the next twelve months. This suggests a possible upside of 15.7% from the stock's current price. 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 on January 1st, 2023. Since then, ROST shares have decreased by 5.5% and is now trading at $109.73. 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 Thursday, November 16th 2023. View our ROST earnings forecast. How were Ross Stores' earnings last quarter? Ross Stores, Inc. (NASDAQ:ROST) released its earnings results on Thursday, August, 17th. The apparel retailer reported $1.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.16 by $0.16. The apparel retailer earned $4.93 billion during the quarter, compared to analyst estimates of $4.75 billion. Ross Stores had a trailing twelve-month return on equity of 37.36% and a net margin of 8.36%. Ross Stores's revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.11 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, August 16th. Investors of record on Tuesday, September 5th will be paid a dividend of $0.335 per share on Friday, September 29th. This represents a $1.34 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Friday, September 1st. 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). 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 1.20%. 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 28.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ROST will have a dividend payout ratio of 23.30% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ROST. How will Ross Stores' stock buyback program work? Ross Stores declared that its Board of Directors has authorized a share repurchase plan on Tuesday, March 1st 2022, which allows the company to buyback $1,900,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 6% of its stock through open market purchases. Stock buyback plans are typically 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 third quarter 2023 earnings guidance on Friday, August, 18th. The company provided earnings per share guidance of $1.16-$1.21 for the period, compared to the consensus earnings per share estimate of $1.16. 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). What is Ross Stores' stock symbol? Ross Stores trades on the NASDAQ under the ticker symbol "ROST." Who are Ross Stores' major shareholders? Ross Stores' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.95%), State Street Corp (4.20%), JPMorgan Chase & Co. (2.32%), Geode Capital Management LLC (2.21%), Goldman Sachs Group Inc. (1.57%) and Victory Capital Management Inc. (1.36%). 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. What is Ross Stores' stock price today? One share of ROST stock can currently be purchased for approximately $109.73. How much money does Ross Stores make? Ross Stores (NASDAQ:ROST) has a market capitalization of $37.38 billion and generates $18.70 billion in revenue each year. The apparel retailer earns $1.51 billion in net income (profit) each year or $4.72 on an earnings per share basis. How many employees does Ross Stores have? The company employs 101,000 workers across the globe. 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 How can I contact Ross Stores? Ross Stores' mailing address is 5130 HACIENDA DRIVE, DUBLIN CA, 94568. The official website for the company is www.rossstores.com. The apparel retailer can be reached via phone at (925) 965-4400, via email at investor.relations1@ros.com, or via fax at 925-965-4181. This page (NASDAQ:ROST) was last updated on 9/25/2023 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. 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