NASDAQ:ROST Ross Stores (ROST) Stock Forecast, Price & News $103.37 +1.03 (+1.01%) (As of 05/26/2023 04:00 PM ET) Add Compare Share Share Today's Range$102.15▼$103.8850-Day Range$100.63▼$108.6352-Week Range$69.24▼$122.44Volume2.22 million shsAverage Volume2.43 million shsMarket Capitalization$35.36 billionP/E Ratio22.92Dividend Yield1.30%Price Target$117.76 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Ross Stores MarketRank™ ForecastAnalyst RatingModerate Buy2.79 Rating ScoreUpside/Downside13.9% Upside$117.76 Price TargetShort InterestHealthy1.73% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.57Upright™ Environmental ScoreNews Sentiment0.01Based on 12 Articles This WeekInsider TradingSelling Shares$3.95 M Sold Last QuarterProj. Earnings Growth9.98%From $4.91 to $5.40 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.2.80 out of 5 starsRetail/Wholesale Sector29th out of 212 stocksFamily Clothing Stores Industry1st out of 11 stocks 3.4 Analyst's Opinion Consensus RatingRoss Stores has received a consensus rating of Buy. The company's average rating score is 2.79, and is based on 12 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $117.76, Ross Stores has a forecasted upside of 13.9% from its current price of $103.37.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 Shorted1.73% 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 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous month Previous Next 2.5 Dividend Strength Dividend YieldRoss Stores pays a meaningful dividend of 1.30%, 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 29.71%. 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 24.81% 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 2.8 News and Social Media Coverage News SentimentRoss Stores has a news sentiment score of 0.01. 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 lower news sentiment than the 0.55 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Ross Stores this week, compared to 7 articles on an average week.Search Interest34 people have searched for ROST on MarketBeat in the last 30 days. This is an increase of 143% compared to the previous 30 days.MarketBeat Follows8 people have added Ross Stores to their MarketBeat watchlist in the last 30 days. This is an increase of 33% 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 $3,947,565.00 in company stock.Percentage Held by InsidersOnly 2.00% of the stock of Ross Stores is held by insiders.Percentage Held by Institutions89.07% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Ross Stores are expected to grow by 9.98% in the coming year, from $4.91 to $5.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ross Stores is 22.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Ross Stores is 22.92, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 36.10.Price to Earnings Growth RatioRoss Stores has a PEG Ratio of 2.01. 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 8.30. 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. engages in the operation of off-price retail apparel and home accessories stores. Its products include branded and designer apparel, accessories, footwear, and home fashions through the Dress for Less and dd's DISCOUNTS brands. The company was founded by Stuart G. Moldaw in 1957 and is headquartered in Dublin, CA.Read More 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 Stock News HeadlinesMay 19, 2023 | marketbeat.comHunting For A Deal? Ross Stores May Just Be It (ROST)Ross Stores reported its first quarter 2023 earnings results, sending the stock higher. These metrics indicate there is further upside to be had in the stockMay 29, 2023 | americanbankingnews.comRoss Stores (NASDAQ:ROST) Updates Q2 2023 Earnings GuidanceMay 30, 2023 | Edge On The Street (Ad)How to Invest in AI's Fast-Growing MarketThe AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.May 29, 2023 | americanbankingnews.comRoss Stores (NASDAQ:ROST) Upgraded by StockNews.com to BuyMay 23, 2023 | msn.com$100 Invested In Ross Stores 20 Years Ago Would Be Worth This Much TodayMay 23, 2023 | americanbankingnews.comRoss Stores (NASDAQ:ROST) Price Target Cut to $125.00May 23, 2023 | americanbankingnews.comTelsey Advisory Group Brokers Lower Earnings Estimates for Ross Stores, Inc. (NASDAQ:ROST)May 23, 2023 | americanbankingnews.comWilliam Blair Research Analysts Cut Earnings Estimates for Ross Stores, Inc. (NASDAQ:ROST)May 30, 2023 | Edge On The Street (Ad)How to Invest in AI's Fast-Growing MarketThe AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.May 22, 2023 | finance.yahoo.comRoss Stores Stock Key Rating Jumps To 83 After It Beat EstimatesMay 22, 2023 | americanbankingnews.comRoss Stores (NASDAQ:ROST) Now Covered by Analysts at StockNews.comMay 22, 2023 | americanbankingnews.comRoss Stores (NASDAQ:ROST) Price Target Raised to $78.00May 22, 2023 | americanbankingnews.comRoss Stores (NASDAQ:ROST) Given New $120.00 Price Target at Loop CapitalMay 21, 2023 | americanbankingnews.comRoss Stores (NASDAQ:ROST) Releases FY24 Earnings GuidanceMay 20, 2023 | americanbankingnews.comRoss Stores (NASDAQ:ROST) Announces Quarterly Earnings Results, Beats Estimates By $0.03 EPSMay 20, 2023 | msn.comBaird Maintains Ross Stores (ROST) Outperform RecommendationMay 19, 2023 | markets.businessinsider.comUBS Maintains Sell Rating for Ross Stores: Here's What You Need To KnowMay 19, 2023 | msn.comUBS Maintains Ross Stores (ROST) Sell RecommendationMay 19, 2023 | msn.comLoop Capital Maintains Ross Stores (ROST) Buy RecommendationMay 19, 2023 | finance.yahoo.comRoss Stores (ROST) Q1 Earnings Beat Estimates, Sales MatchMay 19, 2023 | investing.comRoss Stores reports Q1 beat, raises guidance; analysts bullishMay 19, 2023 | markets.businessinsider.comAnalysts Conflicted on These Consumer Goods Names: Revolve Group (RVLV), Walmart (WMT) and Ross Stores (ROST)May 19, 2023 | markets.businessinsider.comRoss Stores (ROST) Gets a Buy from Bank of America SecuritiesMay 19, 2023 | msn.comRoss Stores Posts Mixed Q1 Earnings, Warns Inflationary Pressures Could Hit Customer SpendingMay 19, 2023 | finance.yahoo.comQ1 2023 Ross Stores Inc Earnings CallMay 19, 2023 | markets.businessinsider.comGuggenheim Remains a Buy on Ross Stores (ROST)May 18, 2023 | au.investing.comRoss Stores reports Q1 beat, provides weak guidanceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 3/31 Dividend3/13/2023Dividend Payable3/31/2023Last Earnings5/18/2023Today5/30/2023Ex-Dividend for 6/30 Dividend6/05/2023Dividend Payable6/30/2023Next Earnings (Estimated)8/17/2023Fiscal 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$117.76 High Stock Price Forecast$135.00 Low Stock Price Forecast$70.00 Forecasted Upside/Downside+13.9%Consensus RatingModerate Buy Rating Score (0-4)2.79 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$4.51 Trailing P/E Ratio22.92 Forward P/E Ratio21.05 P/E Growth2.01Net Income$1.51 billion Net Margins8.19% Pretax Margin10.74% Return on Equity36.62% Return on Assets11.59% Debt Debt-to-Equity Ratio0.57 Current Ratio1.86 Quick Ratio1.27 Sales & Book Value Annual Sales$18.70 billion Price / Sales1.89 Cash Flow$5.54 per share Price / Cash Flow18.67 Book Value$12.45 per share Price / Book8.30Miscellaneous Outstanding Shares342,050,000Free Float335,211,000Market Cap$35.36 billion OptionableOptionable Beta0.97 Social Links Key ExecutivesBarbara RentlerVice Chairman & Chief Executive OfficerMichael J. HartshornGroup President, COO & DirectorMichael K. KobayashiPresident & Chief Capability OfficerAdam M. OrvosChief Financial Officer & Executive Vice PresidentJeffrey BurrillChief Accounting Officer, Senior VP & ControllerKey CompetitorsTJX CompaniesNYSE:TJXDollar TreeNASDAQ:DLTRKrogerNYSE:KRYum! BrandsNYSE:YUMFastenalNASDAQ:FASTView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 31,839 shares on 5/26/2023Ownership: 0.100%Legato Capital Management LLCSold 3,200 shares on 5/25/2023Ownership: 0.004%Toroso Investments LLCBought 4,477 shares on 5/23/2023Ownership: 0.006%Ameriprise Financial Inc.Sold 102,270 shares on 5/22/2023Ownership: 0.093%JPMorgan Chase & Co.Bought 1,048,817 shares on 5/18/2023Ownership: 1.765%View All Insider TransactionsView All Institutional Transactions ROST Stock - Frequently Asked Questions Should I buy or sell Ross Stores stock right now? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last twelve months. There are currently 1 sell rating, 1 hold rating and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ROST shares. View ROST analyst ratings or view top-rated stocks. What is Ross Stores' stock price forecast for 2023? 14 Wall Street research analysts have issued 12 month price objectives for Ross Stores' shares. Their ROST share price forecasts range from $70.00 to $135.00. On average, they predict the company's share price to reach $117.76 in the next year. This suggests a possible upside of 13.9% 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 at the start of the year. Since then, ROST shares have decreased by 10.9% and is now trading at $103.37. 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, August 17th 2023. View our ROST earnings forecast. How were Ross Stores' earnings last quarter? Ross Stores, Inc. (NASDAQ:ROST) released its quarterly earnings data on Thursday, May, 18th. The apparel retailer reported $1.09 EPS for the quarter, beating analysts' consensus estimates of $1.06 by $0.03. The apparel retailer earned $4.49 billion during the quarter, compared to analyst estimates of $4.48 billion. Ross Stores had a trailing twelve-month return on equity of 36.62% and a net margin of 8.19%. Ross Stores's quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.97 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, May 17th. Investors of record on Tuesday, June 6th will be paid a dividend of $0.335 per share on Friday, June 30th. This represents a $1.34 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend is Monday, June 5th. 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 ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA), T. Rowe Price Growth Stock ETF (TGRW), VanEck Retail ETF (RTH), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), iShares U.S. Consumer Focused ETF (IEDI), T. Rowe Price Dividend Growth ETF (TDVG), First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) and Democratic Large Cap Core ETF (DEMZ). 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 1.30%. 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 29.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ROST will have a dividend payout ratio of 24.81% 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 announced that its Board of Directors has approved a stock buyback 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 buy up to 6% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its stock is undervalued. What guidance has Ross Stores issued on next quarter's earnings? Ross Stores issued an update on its second quarter 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share (EPS) guidance of $1.07-$1.14 for the period, compared to the consensus EPS estimate of $1.25. 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 retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (12.02%), BlackRock Inc. (7.80%), State Street Corp (4.21%), FMR LLC (3.31%), Geode Capital Management LLC (2.15%) and JPMorgan Chase & Co. (1.76%). 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 $103.37. How much money does Ross Stores make? Ross Stores (NASDAQ:ROST) has a market capitalization of $35.36 billion and generates $18.70 billion in revenue each year. The apparel retailer earns $1.51 billion in net income (profit) each year or $4.51 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 5/30/2023 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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