NASDAQ:ROST Ross Stores Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $90.22 -0.20 (-0.22 %) (As of 09/22/2020 01:19 PM ET) Add Compare Share Today's Range$89.41Now: $90.22▼$91.3350-Day Range$86.97MA: $91.81▼$97.1352-Week Range$56.30Now: $90.22▼$124.16Volume30,864 shsAverage Volume3.03 million shsMarket Capitalization$32.12 billionP/E Ratio60.15Dividend YieldN/ABeta0.74 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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 brands. Its stores primarily offers 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 regular prices to customers from households with moderate income. As of March 11, 2019, it operated 1,745 Ross Dress for Less and dd's DISCOUNTS stores in 38 states, the District of Columbia, and Guam. The company was founded in 1982 and is headquartered in Dublin, California.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingRoss Stores has received a consensus rating of Buy. The company's average rating score is 2.72, and is based on 19 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $107.08, Ross Stores has a forecasted upside of 19.5% from its current price of $89.59.Amount of Analyst CoverageRoss Stores has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.5 Community Rank Outperform VotesRoss Stores has received 861 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRoss Stores has received 857 “underperform” votes. (Add your “underperform” vote.)Community SentimentRoss Stores has received 50.12% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Ross Stores and other stocks. Vote “Outperform” if you believe ROST will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ROST will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldRoss Stores does not currently pay a dividend.Dividend GrowthRoss Stores does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ross Stores insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.00% of the stock of Ross Stores is held by insiders.Percentage Held by Institutions84.67% 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 232.28% in the coming year, from $1.27 to $4.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ross Stores is 59.73, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Ross Stores is 59.73, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 31.72.Price to Earnings Growth RatioRoss Stores has a PEG Ratio of 7.12. 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 9.57. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.75 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Family clothing stores Sub-IndustryApparel Retail SectorRetail/Wholesale Current SymbolNASDAQ:ROST Previous Symbol CUSIP77829610 CIK745732 Webwww.rossstores.com Phone925-965-4400Debt Debt-to-Equity Ratio0.80 Current Ratio1.70 Quick Ratio1.34Price-To-Earnings Trailing P/E Ratio60.15 Forward P/E Ratio71.04 P/E Growth7.12 Sales & Book Value Annual Sales$16.04 billion Price / Sales2.00 Cash Flow$5.59 per share Price / Cash Flow16.15 Book Value$9.36 per share Price / Book9.64Profitability EPS (Most Recent Fiscal Year)$4.58 Net Income$1.66 billion Net Margins4.25% Return on Equity22.08% Return on Assets6.67%Miscellaneous Employees92,500 Outstanding Shares356,006,000Market Cap$32.12 billion Next Earnings Date11/19/2020 (Estimated) OptionableOptionable $90.22 -0.20 (-0.22 %) (As of 09/22/2020 01:19 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ROST News and Ratings via Email Sign-up to receive the latest news and ratings for ROST and its competitors with MarketBeat's FREE daily newsletter. Ross Stores (NASDAQ:ROST) Frequently Asked Questions How has Ross Stores' stock been impacted by Coronavirus (COVID-19)? Ross Stores' stock was trading at $98.65 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ROST stock has decreased by 8.5% and is now trading at $90.24. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Ross Stores? 25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last year. There are currently 1 sell rating, 5 hold ratings and 19 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ross Stores. When is Ross Stores' next earnings date? Ross Stores is scheduled to release its next quarterly earnings announcement on Thursday, November 19th 2020. View our earnings forecast for Ross Stores. How were Ross Stores' earnings last quarter? Ross Stores, Inc. (NASDAQ:ROST) announced its quarterly earnings results on Thursday, August, 20th. The apparel retailer reported $0.06 EPS for the quarter, beating the Zacks' consensus estimate of ($0.28) by $0.34. The apparel retailer had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.42 billion. Ross Stores had a net margin of 4.25% and a return on equity of 22.08%. The company's revenue for the quarter was down 32.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.14 earnings per share. View Ross Stores' earnings history. How often does Ross Stores pay dividends? What is the dividend yield for Ross Stores? Ross Stores declared a quarterly dividend on Tuesday, March 3rd. Stockholders of record on Tuesday, March 17th will be paid a dividend of $0.285 per share on Tuesday, March 31st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.26%. 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. How will Ross Stores' stock buyback program work? Ross Stores announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, March 5th 2019, which permits the company to buyback $2,550,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 7.3% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its shares are undervalued. What price target have analysts set for ROST? 25 equities research analysts have issued 1-year price targets for Ross Stores' stock. Their forecasts range from $80.00 to $145.00. On average, they anticipate Ross Stores' stock price to reach $107.08 in the next twelve months. This suggests a possible upside of 18.7% from the stock's current price. View analysts' price targets for Ross Stores. Who are some of Ross Stores' key competitors? 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), Abercrombie & Fitch (ANF), Guess? (GES), Zumiez (ZUMZ), Shoe Carnival (SCVL), Childrens Place (PLCE), Designer Brands (DBI), Caleres (CAL), Genesco (GCO) and Citi Trends (CTRN). View all competitors. 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 NVIDIA (NVDA), Walt Disney (DIS), Intel (INTC), Home Depot (HD), Johnson & Johnson (JNJ), Visa (V), Cisco Systems (CSCO), Starbucks (SBUX), Alibaba Group (BABA) and CVS Health (CVS). Who are Ross Stores' key executives? Ross Stores' management team includes the following people: Mr. Michael Balmuth, Exec. Chairman (Age 68)Ms. Barbara Rentler, CEO & Director (Age 62)Mr. Michael J. Hartshorn, Group Exec. VP of Fin. and Legal, Principal Accounting Officer & CFO (Age 51)Mr. Bernard Brautigan, Pres of Merchandising- Ross Dress for Less (Age 54)Mr. James S. Fassio, Pres & Chief Devel. Officer (Age 64) 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 number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.49%), BlackRock Inc. (7.93%), FMR LLC (4.45%), Bank of America Corp DE (1.87%), Bank of New York Mellon Corp (0.96%) and Bessemer Group Inc. (0.85%). Company insiders that own Ross Stores stock include Barbara Rentler, Bernard G Brautigan, George Orban, James S Fassio, Michael Balmuth and Michael J Hartshorn. View institutional ownership trends for Ross Stores. Which institutional investors are selling Ross Stores stock? ROST stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., AQR Capital Management LLC, Glenmede Trust Co. NA, First Trust Advisors LP, Sumitomo Mitsui Trust Holdings Inc., Teacher Retirement System of Texas, and Man Group plc. View insider buying and selling activity for Ross Stores. Which institutional investors are buying Ross Stores stock? ROST stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of America Corp DE, Bessemer Group Inc., Victory Capital Management Inc., Nordea Investment Management AB, Principal Financial Group Inc., Principal Financial Group Inc., and Point72 Asset Management L.P.. View insider buying and selling activity for Ross Stores. How do I buy shares of 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. What is Ross Stores' stock price today? One share of ROST stock can currently be purchased for approximately $90.24. How big of a company is Ross Stores? Ross Stores has a market capitalization of $32.13 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. What is Ross Stores' official website? The official website for Ross Stores is www.rossstores.com. How can I contact Ross Stores? 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] This page was last updated on 9/22/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 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 Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
