NASDAQ:ROST Ross Stores - ROST Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. $106.13 +3.00 (+2.91%) (As of 03/31/2023 05:16 PM ET) Add Compare Share Share Today's Range$103.42▼$106.2150-Day Range$100.63▼$120.7152-Week Range$69.24▼$122.44Volume3.72 million shsAverage Volume2.36 million shsMarket Capitalization$36.55 billionP/E Ratio24.18Dividend Yield1.26%Price Target$120.35 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Ross Stores MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside13.4% Upside$120.35 Price TargetShort InterestHealthy1.54% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.57Upright™ Environmental ScoreNews Sentiment0.36Based on 16 Articles This WeekInsider TradingSelling Shares$2.31 M Sold Last QuarterProj. Earnings Growth9.94%From $4.93 to $5.42 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.77 out of 5 starsRetail/Wholesale Sector31st out of 212 stocksFamily Clothing Stores Industry3rd out of 11 stocks 3.4 Analyst's Opinion Consensus RatingRoss Stores has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 13 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $120.35, Ross Stores has a forecasted upside of 13.4% from its current price of $106.13.Amount of Analyst CoverageRoss Stores has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.54% of the float of Ross Stores has been sold short.Short Interest Ratio / Days to CoverRoss Stores has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ross Stores has recently increased by 29.68%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldRoss Stores pays a meaningful dividend of 1.30%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRoss Stores has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Ross Stores is 30.52%. 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 24.72% next year. This indicates that Ross Stores will be able to sustain or increase its dividend. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreRoss Stores has received a 0.87% net impact score from Upright. Ross Stores seems to create the most significant positive value in categories "Jobs", "Taxes", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Physical retail of clothing at a discount store", "Physical retail of shoes at a discount store", and "Physical retail of pet products at a discount store" products. See details.Environmental SustainabilityThe Environmental Impact score for Ross Stores is -2.57. Previous Next 2.4 News and Social Media Coverage News SentimentRoss Stores has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Ross Stores this week, compared to 8 articles on an average week.Search InterestOnly 17 people have searched for ROST on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.MarketBeat Follows13 people have added Ross Stores to their MarketBeat watchlist in the last 30 days. This is an increase of 160% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ross Stores insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,306,844.00 in company stock.Percentage Held by InsidersOnly 1.90% of the stock of Ross Stores is held by insiders.Percentage Held by Institutions89.07% 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 9.94% in the coming year, from $4.93 to $5.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ross Stores is 24.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.74.Price to Earnings Ratio vs. SectorThe P/E ratio of Ross Stores is 24.18, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 35.46.Price to Earnings Growth RatioRoss Stores has a PEG Ratio of 1.99. 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 8.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ross Stores (NASDAQ:ROST) StockRoss Stores, Inc. engages in the operation of off-price retail apparel and home accessories stores. Its products include branded and designer apparel, accessories, footwear, and home fashions through the Dress for Less and dd's DISCOUNTS brands. The company was founded by Stuart G. Moldaw in 1957 and is headquartered in Dublin, CA.Read More Receive ROST Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ross Stores and its competitors with MarketBeat's FREE daily newsletter. Email Address ROST Stock News HeadlinesMarch 15, 2023 | marketbeat.comHow Did Macy’s Buck the Retail Trend and Raise 2023 Forecasts? (ROST)Retail department store chain Macy’s Inc. (NYSE: M) stock spiked on its Q4 2022 earnings beat and subsequent guidance raise for full-year 2023. The headlineMarch 13, 2023 | marketbeat.comMargin Compression. What’s it Mean for Your Retail Stocks? (ROST)By now you’ve probably heard the term “margin compression” numerous times in the news and headlines. It’s an all too familiar term echoed by retailersMarch 31, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!March 4, 2023 | marketbeat.comMarketBeat Week in Review – 2/27 - 3/3 (ROST)As you'll see, this week the MarketBeat analysts were laser focused on dividend stocks which are a time-honored way to ride out market volatilityMarch 2, 2023 | marketbeat.comHere’s Why Ross Could Soon Be Hitting All Time HighsThere are signs suggesting there's plenty of money on the sidelines that isn't slow about buying into the longer term opportunity at Ross.March 30, 2023 | finance.yahoo.comWhy Is Ross Stores (ROST) Down 7.4% Since Last Earnings Report?March 30, 2023 | seekingalpha.comRoss Stores: Expect Growth To Accelerate In 2H23March 30, 2023 | msn.comUBS Downgrades Ross Stores (ROST)March 31, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!March 29, 2023 | msn.comHot Stocks: PAYX rises on earnings; MPW climb on property divestiture; NIO, XPEV and RIVN soar; URBN, FL and ROST dips on UBS downgradeMarch 29, 2023 | markets.businessinsider.com4 Retail Stocks Downgraded, But 3 Are Best Positioned: Why UBS Has A Bearish ViewMarch 29, 2023 | barrons.comS&P 500 Futures Up in Premarket Trading; lululemon athletica, Paychex LeadMarch 29, 2023 | americanbankingnews.comRoss Stores (NASDAQ:ROST) Cut to Sell at UBS GroupMarch 28, 2023 | marketwatch.comRoss Stores Inc. stock rises Tuesday, outperforms marketMarch 28, 2023 | americanbankingnews.comRoss Stores, Inc. (NASDAQ:ROST) Receives $120.35 Consensus PT from AnalystsMarch 26, 2023 | seekingalpha.comRoss Stores: No Discounts For InvestorsMarch 22, 2023 | americanbankingnews.comRoss Stores (NASDAQ:ROST) Stock Rating Upgraded by Loop CapitalMarch 17, 2023 | marketwatch.comRoss Stores Inc. stock rises Thursday, still underperforms marketMarch 16, 2023 | marketwatch.comRoss Stores Inc. stock underperforms Wednesday when compared to competitorsMarch 14, 2023 | marketwatch.comRoss Stores Inc. stock rises Tuesday, still underperforms marketMarch 13, 2023 | marketwatch.comRoss Stores Inc. stock underperforms Monday when compared to competitorsMarch 6, 2023 | finance.yahoo.comROSS STORES OPENS 19 NEW LOCATIONSMarch 3, 2023 | msn.comRoss Stores (ROST) Declares $0.34 DividendMarch 3, 2023 | finance.yahoo.comRoss Stores, Inc. (NASDAQ:ROST) Q4 2022 Earnings Call TranscriptMarch 2, 2023 | msn.comHere's Why Ross Could Soon Be Hitting All Time HighsMarch 2, 2023 | finance.yahoo.comPotbelly (PBPB) to Post Q4 Earnings: What's in the Offing?March 1, 2023 | markets.businessinsider.com3 Ross Stores Analysts Offer Takes On Quarter, Disappointing GuidanceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ROST Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ross Stores and its competitors with MarketBeat's FREE daily newsletter. Email Address ROST Company Calendar Last Earnings2/28/2023Ex-Dividend for 3/31 Dividend3/13/2023Today3/31/2023Dividend Payable3/31/2023Next Earnings (Estimated)5/18/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Family clothing stores Sub-IndustryApparel Retail SectorRetail/Wholesale Current SymbolNASDAQ:ROST CUSIP77829610 CIK745732 Webwww.rossstores.com Phone(925) 965-4400Fax925-965-4181Employees100,000Year Founded1982Price Target and Rating Average Stock Price Forecast$120.35 High Stock Price Forecast$139.00 Low Stock Price Forecast$70.00 Forecasted Upside/Downside+13.4%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$4.39 Trailing P/E Ratio24.18 Forward P/E Ratio21.53 P/E Growth1.99Net Income$1.51 billion Net Margins8.09% Pretax Margin10.63% Return on Equity36.40% Return on Assets11.43% Debt Debt-to-Equity Ratio0.57 Current Ratio1.90 Quick Ratio1.34 Sales & Book Value Annual Sales$18.70 billion Price / Sales1.95 Cash Flow$5.70 per share Price / Cash Flow18.63 Book Value$12.45 per share Price / Book8.52Miscellaneous Outstanding Shares344,370,000Free Float337,828,000Market Cap$36.55 billion OptionableOptionable Beta0.98 Social Links Key ExecutivesBarbara RentlerVice Chairman & Chief Executive OfficerMichael J. HartshornGroup President, COO & DirectorMichael K. KobayashiPresident & Chief Capability OfficerAdam M. OrvosChief Financial Officer & Executive Vice PresidentJeffrey BurrillChief Accounting Officer, Senior VP & ControllerKey CompetitorsTJX CompaniesNYSE:TJXKrogerNYSE:KRYum! BrandsNYSE:YUMDollar TreeNASDAQ:DLTRFastenalNASDAQ:FASTView All CompetitorsInsiders & InstitutionsMetropolitan Life Insurance Co. NYSold 759 shares on 3/31/2023Ownership: 0.006%ETF Managers Group LLCBought 320 shares on 3/23/2023Ownership: 0.002%B. Riley Wealth Advisors Inc.Sold 1,251 shares on 3/15/2023Ownership: 0.002%Michael J HartshornSold 20,529 sharesTotal: $2.31 M ($112.37/share)Rockefeller Capital Management L.P.Bought 1,515 shares on 3/6/2023Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions ROST Stock - Frequently Asked Questions Should I buy or sell Ross Stores stock right now? 15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last twelve months. There are currently 1 sell rating, 1 hold rating and 13 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 2023? 15 analysts have issued 1-year target prices for Ross Stores' stock. Their ROST share price forecasts range from $70.00 to $139.00. On average, they anticipate the company's share price to reach $120.35 in the next twelve months. This suggests a possible upside of 16.7% 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 2023? Ross Stores' stock was trading at $116.07 at the start of the year. Since then, ROST shares have decreased by 11.1% and is now trading at $103.13. View the best growth stocks for 2023 here. Are investors shorting Ross Stores? Ross Stores saw a increase in short interest in March. As of March 15th, there was short interest totaling 5,200,000 shares, an increase of 29.7% from the February 28th total of 4,010,000 shares. Based on an average trading volume of 2,270,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.5% of the shares of the stock are short sold. View Ross Stores' Short Interest. When is Ross Stores' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 18th 2023. View our ROST earnings forecast. How were Ross Stores' earnings last quarter? Ross Stores, Inc. (NASDAQ:ROST) released its quarterly earnings data on Tuesday, February, 28th. The apparel retailer reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.08. The apparel retailer earned $5.21 billion during the quarter, compared to analyst estimates of $5.14 billion. Ross Stores had a trailing twelve-month return on equity of 36.40% and a net margin of 8.09%. Ross Stores's revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.04 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 Tuesday, February 28th. Investors of record on Tuesday, March 14th will be given a dividend of $0.335 per share on Friday, March 31st. This represents a $1.34 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend is Monday, March 13th. This is a positive change from the stock's previous quarterly dividend of $0.31. 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 ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA), VanEck Retail ETF (RTH), T. Rowe Price Growth Stock ETF (TGRW), iShares U.S. Consumer Focused ETF (IEDI), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), T. Rowe Price Dividend Growth ETF (TDVG), Democratic Large Cap Core ETF (DEMZ) and Principal Value ETF (PY). 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 1.30%. 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 30.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ROST will have a dividend payout ratio of 24.72% 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 of Directors has authorized a stock 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 reacquire up to 6% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's management believes its stock is undervalued. What guidance has Ross Stores issued on next quarter's earnings? Ross Stores updated its first quarter 2023 earnings guidance on Tuesday, February, 28th. The company provided earnings per share (EPS) guidance of $0.99-$1.05 for the period, compared to the consensus estimate of $1.18. 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 institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (13.61%), Geode Capital Management LLC (2.10%), Victory Capital Management Inc. (1.54%), Victory Capital Management Inc. (1.54%), JPMorgan Chase & Co. (1.45%) and Morgan Stanley (1.38%). Insiders that own company stock include Barbara Rentler, Brian R Morrow, Brian R Morrow, George Orban, 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 $103.13. How much money does Ross Stores make? Ross Stores (NASDAQ:ROST) has a market capitalization of $35.51 billion and generates $18.70 billion in revenue each year. The apparel retailer earns $1.51 billion in net income (profit) each year or $4.39 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 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 3/31/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from 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. 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