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S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Henry Ford Would NEVER Have Seen This Coming (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Henry Ford Would NEVER Have Seen This Coming (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Henry Ford Would NEVER Have Seen This Coming (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts

Ross Stores Stock Price, News & Analysis (NASDAQ:ROST)

$132.43
+0.19 (+0.14%)
(As of 12/6/2023 ET)
Compare
Today's Range
$132.33
▼
$133.79
50-Day Range
$111.72
▼
$132.65
52-Week Range
$99.00
▼
$133.79
Volume
1.57 million shs
Average Volume
2.30 million shs
Market Capitalization
$45.11 billion
P/E Ratio
26.22
Dividend Yield
1.01%
Price Target
$130.70
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

Ross Stores MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
1.3% Downside
$130.70 Price Target
Short Interest
Healthy
1.21% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.57
Upright™ Environmental Score
News Sentiment
1.15mentions of Ross Stores in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$2.32 M Sold Last Quarter
Proj. Earnings Growth
8.77%
From $5.36 to $5.83 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.62 out of 5 stars

Retail/Wholesale Sector

29th out of 168 stocks

Family Clothing Stores Industry

1st out of 10 stocks

See Top Rated MarketRank™ Stocks Here

ROST stock logo

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.

ROST Stock Price History

ROST Stock News Headlines

November 25, 2023 | marketbeat.com
MarketBeat 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 sectors
November 20, 2023 | marketbeat.com
Plan 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 7, 2023 | Edge On The Street (Ad)
Americans Now Favor Gold Over Stocks as an Investment Vehicle
Americans now consider gold a better long-term investment than stocks for the first time since 2013. But physical gold requires storage and insurance, and gold mining stocks come with significant risks. Fortunately, investors have found a little-known way to benefit from gold that avoids many of these challenges.
November 18, 2023 | marketbeat.com
S&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.com
Gap, Ross Stores rise; BJ's Wholesale, ChargePoint fall, Friday, 11/17/2023
Stocks that are trading heavily or have substantial price changes on Friday: Gap, Ross Stores rise; BJ’s Wholesale, ChargePoint fall
November 16, 2023 | marketbeat.com
5 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 2024
November 15, 2023 | marketbeat.com
Compound 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 lie
December 7, 2023 | americanbankingnews.com
Market Impact: Analyzing Key Insights From Ross Stores, Inc. (ROST) Quarterly Financial Report
December 7, 2023 | Edge On The Street (Ad)
Americans Now Favor Gold Over Stocks as an Investment Vehicle
Americans now consider gold a better long-term investment than stocks for the first time since 2013. But physical gold requires storage and insurance, and gold mining stocks come with significant risks. Fortunately, investors have found a little-known way to benefit from gold that avoids many of these challenges.
December 5, 2023 | americanbankingnews.com
Ross Stores, Inc. (NASDAQ:ROST) to Post FY2024 Earnings of $5.34 Per Share, Zacks Research Forecasts
December 4, 2023 | finance.yahoo.com
Ross Stores Inc's Dividend Analysis
December 3, 2023 | finance.yahoo.com
Has Ross Stores, Inc.'s (NASDAQ:ROST) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
December 3, 2023 | americanbankingnews.com
Ross Stores (NASDAQ:ROST) Sets New 12-Month High at $132.08
December 1, 2023 | finance.yahoo.com
Customers Love this Low-Price Retailer, But Is the Stock a Buy?
December 1, 2023 | americanbankingnews.com
Analysts Set Ross Stores, Inc. (NASDAQ:ROST) Price Target at $130.70
November 30, 2023 | finance.yahoo.com
Petco (WOOF) Q3 Earnings Miss Estimates, Sales Decline Y/Y
November 30, 2023 | finance.yahoo.com
Ross Stores (ROST) Upgraded to Buy: Here's Why
November 24, 2023 | finance.yahoo.com
LULU, SKX, ROST: 3 Apparel Stocks Analysts Find Fashionable
November 20, 2023 | finance.yahoo.com
Company News for Nov 20, 2023
November 20, 2023 | finance.yahoo.com
BJ's Wholesale Club (BJ) Q3 Earnings Top Estimates, Decline Y/Y
November 20, 2023 | finance.yahoo.com
Sprouts Farmers (SFM) Poised on Customer-Centric Approach
November 20, 2023 | finance.yahoo.com
Burlington (BURL) Q3 Earnings: What To Expect
November 18, 2023 | markets.businessinsider.com
Ross Stores Surpasses Expectations: Robust Q3 Performance and Future Prospects Elicit Buy Rating
November 18, 2023 | msn.com
Ross Stores Stock (NASDAQ:ROST) Jumps on Solid Q3 Earnings Beat
November 17, 2023 | markets.businessinsider.com
Analysts Offer Insights on NA Companies: Macy’s (M), Ross Stores (ROST) and Williams-Sonoma (WSM)
November 17, 2023 | markets.businessinsider.com
Ross Stores Reports Strong Earnings, Joins Buckle, Twist Bioscience And Other Big Stocks Moving Higher On Friday
November 17, 2023 | msn.com
ROST vs. COST: Which Stock Should Value Investors Buy Now?
See More Headlines
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Company Calendar

Ex-Dividend for 9/29 Dividend
9/01/2023
Dividend Payable
9/29/2023
Last Earnings
11/16/2023
Ex-Dividend for 12/29 Dividend
12/04/2023
Today
12/07/2023
Dividend Payable
12/29/2023
Fiscal Year End
1/31/2024
Next Earnings (Estimated)
2/27/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Family clothing stores
Sub-Industry
Apparel Retail
Sector
Retail/Wholesale
Current Symbol
NASDAQ:ROST
CUSIP
77829610
CIK
745732
Web
www.rossstores.com
Phone
(925) 965-4400
Fax
925-965-4181
Employees
101,000
Year Founded
1982

Price Target and Rating

Average Stock Price Target
$130.70
High Stock Price Target
$142.00
Low Stock Price Target
$84.00
Potential Upside/Downside
-1.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
18 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$5.05
Trailing P/E Ratio
26.22
Forward P/E Ratio
24.71
P/E Growth
2.09
Net Income
$1.51 billion
Net Margins
8.75%
Pretax Margin
11.53%
Return on Equity
38.83%
Return on Assets
12.38%

Debt

Debt-to-Equity Ratio
0.48
Current Ratio
1.70
Quick Ratio
1.11

Sales & Book Value

Annual Sales
$19.57 billion
Price / Sales
2.31
Cash Flow
$5.55 per share
Price / Cash Flow
23.87
Book Value
$12.45 per share
Price / Book
10.64

Miscellaneous

Outstanding Shares
340,656,000
Free Float
333,843,000
Market Cap
$45.11 billion
Optionable
Optionable
Beta
1.02

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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 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 target for 2024?

18 brokers have issued 12 month price targets for Ross Stores' shares. Their ROST share price targets range from $84.00 to $142.00. On average, they predict the company's stock price to reach $130.70 in the next year. This suggests that the stock has a possible downside of 1.3%.
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 increased by 14.1% and is now trading at $132.43.
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) announced its quarterly earnings data on Thursday, November, 16th. The apparel retailer reported $1.33 earnings per share for the quarter, topping analysts' consensus estimates of $1.22 by $0.11. The apparel retailer earned $4.92 billion during 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%. Ross Stores's revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter last year, the business earned $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 declared 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 dividend 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 of Directors has approved a stock repurchase program on Tuesday, March 1st 2022, which allows the company to buyback $1,900,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 6% of its shares through open market purchases. Shares buyback programs are generally 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 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 a number of retail and institutional investors. Top institutional investors 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 12/7/2023 by MarketBeat.com Staff

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