NASDAQ:ROSTRoss Stores Stock Price, Forecast & News

Ross Stores' stock was trading at $98.65 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ROST stock has decreased by 12.0% and is now trading at $86.79. View which stocks have been most impacted by Coronavirus.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last year. There are currently 1 sell rating, 7 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ross Stores.

Ross Stores is scheduled to release its next quarterly earnings announcement on Thursday, August 27th 2020. View our earnings forecast for Ross Stores.

Ross Stores, Inc. (NASDAQ:ROST) released its earnings results on Thursday, May, 21st. The apparel retailer reported ($0.87) EPS for the quarter, missing the Zacks' consensus estimate of ($0.01) by $0.86. The apparel retailer had revenue of $1.84 billion for the quarter, compared to analyst estimates of $2.04 billion. Ross Stores had a return on equity of 35.71% and a net margin of 6.63%. The company's revenue for the quarter was down 51.4% on a year-over-year basis. During the same quarter last year, the business earned $1.15 EPS. View Ross Stores' earnings history.

Ross Stores announced a quarterly dividend on Tuesday, March 3rd. Stockholders of record on Tuesday, March 17th will be given a dividend of $0.285 per share on Tuesday, March 31st. This represents a $1.14 annualized dividend and a yield of 1.31%. The ex-dividend date is Monday, March 16th. This is a boost from Ross Stores's previous quarterly dividend of $0.26. View Ross Stores' dividend history.

Ross Stores announced that its board has authorized a share repurchase plan on Tuesday, March 5th 2019, which authorizes the company to buyback $2,550,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 7.3% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its stock is undervalued.

26 brokerages have issued 1-year target prices for Ross Stores' stock. Their forecasts range from $80.00 to $145.00. On average, they expect Ross Stores' share price to reach $108.85 in the next year. This suggests a possible upside of 25.4% from the stock's current price. View analysts' price targets for Ross Stores.

Headlines about ROST stock have trended somewhat negative on Saturday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ross Stores earned a media sentiment score of -1.2 on InfoTrie's scale. They also gave news articles about the apparel retailer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Ross Stores.

Some companies that are related to Ross Stores include TJX Companies (TJX), GAP (GPS), Foot Locker (FL), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Buckle (BKE), Zumiez (ZUMZ), Guess? (GES), Abercrombie & Fitch (ANF), Childrens Place (PLCE), Designer Brands (DBI), Shoe Carnival (SCVL), Caleres (CAL), Genesco (GCO) and Citi Trends (CTRN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ross Stores investors own include Home Depot (HD), Walt Disney (DIS), NVIDIA (NVDA), Intel (INTC), Starbucks (SBUX), Visa (V), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Alibaba Group (BABA) and TJX Companies (TJX).

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

Ross Stores' stock is owned by many different institutional and retail investors. Top institutional investors include LGT Capital Partners LTD. (0.18%), Envestnet Asset Management Inc. (0.07%), State of Alaska Department of Revenue (0.03%), Cypress Capital Group (0.01%), DNB Asset Management AS (0.01%) and Cullinan Associates Inc. (0.01%). Company insiders that own Ross Stores stock include Barbara Rentler, Bernard G Brautigan, George Orban, James S Fassio, Michael Balmuth, Michael J Hartshorn and Norman A Ferber. View institutional ownership trends for Ross Stores.

ROST stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., State of Alaska Department of Revenue, Spirit of America Management Corp NY, Carroll Financial Associates Inc., Cypress Capital Group, Mountain Pacific Investment Advisers Inc. ID, Bath Savings Trust Co, and IBM Retirement Fund. Company insiders that have sold Ross Stores company stock in the last year include Barbara Rentler, George Orban, and James S Fassio. View insider buying and selling activity for Ross Stores.

ROST stock was acquired by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., HNP Capital LLC, DNB Asset Management AS, Forte Capital LLC ADV, and Canandaigua National Corp. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of ROST stock can currently be purchased for approximately $86.79.

Ross Stores has a market capitalization of $30.89 billion and generates $16.04 billion in revenue each year. The apparel retailer earns $1.66 billion in net income (profit) each year or $4.58 on an earnings per share basis. Ross Stores employs 92,500 workers across the globe.

The official website for Ross Stores is www.rossstores.com.

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]