NASDAQ:ROSTRoss Stores Stock Price, Forecast & 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 $96.06 +2.18 (+2.32 %) (As of 05/26/2020 01:26 PM ET) Add Compare Share Today's Range$94.48Now: $96.06▼$97.1750-Day Range$74.75MA: $88.36▼$97.0552-Week Range$56.30Now: $96.06▼$124.16Volume1.92 million shsAverage Volume2.83 million shsMarket Capitalization$34.14 billionP/E Ratio37.09Dividend Yield1.21%Beta0.8 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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™ 3.3 Analyst's Opinion Consensus RatingRoss Stores has received a consensus rating of Buy. The company's average rating score is 2.65, and is based on 18 buy ratings, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $108.54, Ross Stores has a potential upside of 13.6% from its current price of $95.55.Amount of Analyst CoverageRoss Stores has been the subject of 20 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 852 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRoss Stores has received 853 “underperform” votes. (Add your “underperform” vote.)Community SentimentRoss Stores has received 50.03% “underperform” 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 5.0 Dividend Strength Dividend LeadershipRoss Stores is a leading dividend payer. It pays a dividend yield of 1.21%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRoss Stores has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Ross Stores is 24.89 %. 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 26.51 % next year. This indicates that Ross Stores will be able to sustain or increase its dividend. 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 2.30% of the stock of Ross Stores is held by insiders.Percentage Held by Institutions85.07% 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 68.63% in the coming year, from $2.55 to $4.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ross Stores is 37.04, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Ross Stores is 37.04, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 40.15.Price to Earnings Growth RatioRoss Stores has a PEG Ratio of 3.68. 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 10.21. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.87 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 Ratio1.75 Current Ratio1.75 Quick Ratio1.08Price-To-Earnings Trailing P/E Ratio37.09 Forward P/E Ratio37.67 P/E Growth3.68 Sales & Book Value Annual Sales$16.04 billion Price / Sales2.13 Cash Flow$5.71 per share Price / Cash Flow16.81 Book Value$9.36 per share Price / Book10.26Profitability EPS (Most Recent Fiscal Year)$4.58 Net Income$1.66 billion Net Margins6.63% Return on Equity35.71% Return on Assets11.78%Miscellaneous Employees92,500 Outstanding Shares355,390,000Market Cap$34.14 billion Next Earnings Date8/27/2020 (Estimated) OptionableOptionable NASDAQ:ROST Rates by TradingView 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 COVID-19 (Coronavirus)? 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 3.1% and is now trading at $95.55. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Ross Stores? 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. When is Ross Stores' next earnings date? Ross Stores is scheduled to release its next quarterly earnings announcement on Thursday, August 27th 2020. View our earnings forecast for Ross Stores. How were Ross Stores' earnings last quarter? Ross Stores, Inc. (NASDAQ:ROST) issued its quarterly earnings data on Thursday, May, 21st. The apparel retailer reported ($0.87) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.01) by $0.86. The apparel retailer earned $1.84 billion during the quarter, compared to analyst estimates of $2.04 billion. Ross Stores had a net margin of 6.63% and a return on equity of 35.71%. The firm's quarterly revenue was down 51.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.15 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. Shareholders 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 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date is Monday, March 16th. This is an increase 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 approved a share buyback program 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 purchase up to 7.3% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its stock is undervalued. What guidance has Ross Stores issued on next quarter's earnings? Ross Stores issued an update on its FY21 earnings guidance on Tuesday, March, 3rd. The company provided earnings per share (EPS) guidance of $4.67-4.88 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.03. What price target have analysts set for ROST? 26 equities research analysts have issued 1-year target prices for Ross Stores' stock. Their forecasts range from $80.00 to $145.00. On average, they anticipate Ross Stores' share price to reach $108.54 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price. View analysts' price targets for Ross Stores. Has Ross Stores been receiving favorable news coverage? News coverage about ROST stock has been trending extremely negative on Tuesday, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ross Stores earned a news impact score of -5.0 on InfoTrie's scale. They also gave press coverage about the apparel retailer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutRoss Stores. Are investors shorting Ross Stores? Ross Stores saw a decrease in short interest in May. As of May 15th, there was short interest totaling 4,090,000 shares, a decrease of 10.7% from the April 30th total of 4,580,000 shares. Based on an average trading volume of 3,560,000 shares, the short-interest ratio is currently 1.1 days. Currently, 1.2% of the company's shares are sold short. View Ross Stores' Current Options Chain. 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), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Abercrombie & Fitch (ANF), Buckle (BKE), Zumiez (ZUMZ), Childrens Place (PLCE), Guess? (GES), Designer Brands (DBI), Shoe Carnival (SCVL), Caleres (CAL), Genesco (GCO) and Cato (CATO). 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 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). 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.16%), State Street Corp (4.75%), Primecap Management Co. CA (3.15%), Massachusetts Financial Services Co. MA (1.84%), Franklin Resources Inc. (1.50%) and Geode Capital Management LLC (1.47%). Company insiders that own Ross Stores stock include Barbara Rentler, Bernard G Brautigan, George Orban, James S Fassio, Michael Balmuth, Michael J Bush, Michael J Hartshorn and Norman A Ferber. 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 Capital International Investors, Alecta Pensionsforsakring Omsesidigt, Alliancebernstein L.P., Nuveen Asset Management LLC, Clearbridge Investments LLC, Forsta AP Fonden, AQR Capital Management LLC, and Wedgewood Partners Inc.. Company insiders that have sold Ross Stores company stock in the last year include Barbara Rentler, George Orban, James S Fassio, and Michael Balmuth. 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 Vontobel Asset Management Inc., APG Asset Management N.V., Sumitomo Mitsui Trust Holdings Inc., Marshfield Associates, Massachusetts Financial Services Co. MA, Morgan Stanley, Bessemer Group Inc., and BlackRock Inc.. 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 $95.55. How big of a company is Ross Stores? Ross Stores has a market capitalization of $33.96 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 5/26/2020 by MarketBeat.com Staff
