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The How And Why of Investing in Oil Stocks
Desperate governments do desperate things… (Ad)pixel
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
Desperate governments do desperate things… (Ad)pixel
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
Desperate governments do desperate things… (Ad)pixel
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
NASDAQ:ROST

Ross Stores - ROST Stock Forecast, Price & News

$86.18
+1.72 (+2.04%)
(As of 08/10/2022 12:00 AM ET)
Add
Compare
Today's Range
$86.09
$87.37
50-Day Range
$70.23
$85.31
52-Week Range
$69.24
$127.34
Volume
1.80 million shs
Average Volume
3.36 million shs
Market Capitalization
$30.16 billion
P/E Ratio
19.19
Dividend Yield
1.47%
Price Target
$99.89

Ross Stores MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
15.9% Upside
$99.89 Price Target
Short Interest
Healthy
2.68% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.57
Upright™ Environmental Score
News Sentiment
0.26mentions of Ross Stores in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$81,460 Sold Last Quarter
Proj. Earnings Growth
12.87%
From $4.35 to $4.91 Per Share

Overall MarketRank

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

2.75 out of 5 stars

Retail/Wholesale Sector

21st out of 218 stocks

Family Clothing Stores Industry

2nd out of 10 stocks

ROST stock logo

About Ross Stores (NASDAQ:ROST) Stock

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. 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. As of July 5, 2022, it operated approximately 1,950 stores under the Ross Dress for Less and dd's DISCOUNTS name in 40 states, the District of Columbia, and Guam. Ross Stores, Inc. was incorporated in 1957 and is headquartered in Dublin, California.

Ross Stores Stock Up 3.0 %

NASDAQ:ROST traded up $2.51 during mid-day trading on Wednesday, hitting $86.97. The stock had a trading volume of 2,931 shares, compared to its average volume of 3,368,975. The stock has a 50-day simple moving average of $78.16 and a two-hundred day simple moving average of $88.38. The company has a market capitalization of $30.43 billion, a PE ratio of 18.81, a PEG ratio of 1.84 and a beta of 1.03. Ross Stores has a twelve month low of $69.24 and a twelve month high of $127.34. The company has a current ratio of 1.88, a quick ratio of 1.16 and a debt-to-equity ratio of 0.61.

Ross Stores (NASDAQ:ROST - Get Rating) last issued its earnings results on Thursday, May 19th. The apparel retailer reported $0.97 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.02). The firm had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.54 billion. Ross Stores had a net margin of 8.46% and a return on equity of 39.61%. The firm's revenue was down 4.1% compared to the same quarter last year. During the same period last year, the business earned $1.34 EPS. On average, equities research analysts anticipate that Ross Stores will post 4.35 EPS for the current year.

Ross Stores Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Tuesday, June 7th were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, June 6th. This represents a $1.24 dividend on an annualized basis and a yield of 1.43%. Ross Stores's payout ratio is currently 27.62%.

Analyst Ratings Changes

A number of brokerages have recently commented on ROST. Barclays reduced their target price on shares of Ross Stores from $119.00 to $85.00 and set an "overweight" rating for the company in a research report on Monday, May 23rd. JPMorgan Chase & Co. dropped their price objective on shares of Ross Stores from $125.00 to $119.00 in a report on Monday, May 16th. Morgan Stanley reissued a "buy" rating and issued a $129.00 price objective on shares of Ross Stores in a report on Friday, June 3rd. Citigroup dropped their price objective on shares of Ross Stores from $125.00 to $100.00 and set a "buy" rating for the company in a report on Friday, May 20th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Ross Stores from $122.00 to $123.00 in a report on Monday, May 16th. Six analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat, Ross Stores presently has an average rating of "Moderate Buy" and a consensus target price of $99.89.

Insiders Place Their Bets

In other Ross Stores news, Director Michael J. Bush sold 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 8th. The shares were sold at an average price of $81.46, for a total transaction of $81,460.00. Following the sale, the director now owns 34,496 shares of the company's stock, valued at $2,810,044.16. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.90% of the stock is owned by corporate insiders.

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ROST Stock News Headlines

These Stocks Outperformed Last Time There Was A Recession (ROST)
With two consecutive quarters of declines in GDP and inflation continuing to run hot, investors may be worried about how their portfolios
What 13 Analyst Ratings Have To Say About Ross Stores
Ross Stores (NASDAQ:ROST) PT Lowered to $85.00
ROSS STORES OPENS 29 NEW LOCATIONS
Ross Stores opens 29 stores in June and July
Ross Stores Inc - Stock Trailing Returns ROST
Should You Buy the Dip in This Blue Chip Retailer?
10 Stocks to Buy According to BlueSpruce Investments
How Is The Market Feeling About Ross Stores?
Why Ross Stores Lost 15% in May
Nasdaq 100 Movers: ROST, DDOG
See More Headlines
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ROST Company Calendar

Last Earnings
5/19/2022
Ex-Dividend for 6/30 Dividend
6/06/2022
Dividend Payable
6/30/2022
Today
8/10/2022
Next Earnings (Confirmed)
8/18/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Family clothing stores
Sub-Industry
Apparel Retail
Current Symbol
NASDAQ:ROST
CUSIP
77829610
Employees
100,000
Year Founded
1982

Price Target and Rating

Average Stock Price Forecast
$99.89
High Stock Price Forecast
$129.00
Low Stock Price Forecast
$70.00
Forecasted Upside/Downside
+15.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
17 Analysts

Profitability

Net Income
$1.72 billion
Pretax Margin
11.13%

Debt

Sales & Book Value

Annual Sales
$18.92 billion
Cash Flow
$6.03 per share
Book Value
$11.49 per share

Miscellaneous

Free Float
343,277,000
Market Cap
$30.16 billion
Optionable
Optionable
Beta
1.03

Social Links















ROST Stock - Frequently Asked Questions

Should I buy or sell Ross Stores stock right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last year. There are currently 5 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research 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 2022?

17 Wall Street research analysts have issued twelve-month price objectives for Ross Stores' stock. Their ROST share price forecasts range from $70.00 to $129.00. On average, they anticipate the company's share price to reach $99.89 in the next year. This suggests a possible upside of 15.9% 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 2022?

Ross Stores' stock was trading at $114.28 on January 1st, 2022. Since then, ROST stock has decreased by 24.6% and is now trading at $86.18.
View the best growth stocks for 2022 here
.

When is Ross Stores' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 18th 2022.
View our ROST earnings forecast
.

How can I listen to Ross Stores' earnings call?

Ross Stores will be holding an earnings conference call on Thursday, August 18th at 4:15 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13732145".

How were Ross Stores' earnings last quarter?

Ross Stores, Inc. (NASDAQ:ROST) issued its quarterly earnings data on Thursday, May, 19th. The apparel retailer reported $0.97 earnings per share for the quarter, missing analysts' consensus estimates of $0.99 by $0.02. The apparel retailer had revenue of $4.33 billion for the quarter, compared to analyst estimates of $4.54 billion. Ross Stores had a net margin of 8.46% and a trailing twelve-month return on equity of 39.61%. The company's quarterly revenue was down 4.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.34 earnings per share.
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, May 18th. Shareholders of record on Tuesday, June 7th will be paid a dividend of $0.31 per share on Thursday, June 30th. This represents a $1.24 annualized dividend and a dividend yield of 1.44%. The ex-dividend date of this dividend is Monday, June 6th.
Read our dividend analysis for ROST
.

Is Ross Stores a good dividend stock?

Ross Stores (NASDAQ:ROST) pays an annual dividend of $1.24 per share and currently has a dividend yield of 1.47%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ROST will have a dividend payout ratio of 25.25% 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 declared that its board has authorized a share buyback program on Tuesday, March 1st 2022, which authorizes the company to buyback $1,900,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 6% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

What guidance has Ross Stores issued on next quarter's earnings?

Ross Stores updated its second quarter 2022 earnings guidance on Thursday, June, 16th. The company provided earnings per share (EPS) guidance of $0.99-$1.07 for the period, compared to the consensus EPS estimate of $1.33. 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 many different retail and institutional investors. Top institutional shareholders include Victory Capital Management Inc. (1.73%), Principal Financial Group Inc. (0.68%), Coho Partners Ltd. (0.67%), Fenimore Asset Management Inc. (0.48%), Swiss National Bank (0.44%) and TD Asset Management Inc. (0.43%). Insiders that own company stock include Barbara Rentler, Brian R Morrow, Brian R Morrow, George Orban, James S Fassio, 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 $86.18.

How much money does Ross Stores make?

Ross Stores (NASDAQ:ROST) has a market capitalization of $30.16 billion and generates $18.92 billion in revenue each year. The apparel retailer earns $1.72 billion in net income (profit) each year or $4.49 on an earnings per share basis.

How many employees does Ross Stores have?

The company employs 100,000 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

When was Ross Stores founded?

Ross Stores was founded in 1982.

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 8/11/2022 by MarketBeat.com Staff

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