NASDAQ:ROST - Ross 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 $84.87 +2.32 (+2.81 %) (As of 03/30/2020 04:00 PM ET) Add Compare Today's Range$80.58Now: $84.87▼$85.5050-Day Range$59.97MA: $102.75▼$123.8152-Week Range$56.30Now: $84.87▼$124.16Volume3.24 million shsAverage Volume3.00 million shsMarket Capitalization$30.46 billionP/E Ratio18.45Dividend Yield1.38%Beta0.71 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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 Industry, Sector and Symbol Stock Exchange NASDAQ Industry Family clothing stores Sub-IndustryApparel Retail SectorRetail/Wholesale Current SymbolNASDAQ:ROST Previous Symbol CUSIP77829610 CIK745732 Webhttp://www.rossstores.com/ Phone925-965-4400Debt Debt-to-Equity Ratio0.87 Current Ratio1.27 Quick Ratio0.59Price-To-Earnings Trailing P/E Ratio18.45 Forward P/E Ratio19.42 P/E Growth1.89 Sales & Book Value Annual Sales$16.04 billion Price / Sales1.90 Cash Flow$5.74 per share Price / Cash Flow14.78 Book Value$9.36 per share Price / Book9.07Profitability EPS (Most Recent Fiscal Year)$4.58 Net Income$1.66 billion Net Margins10.36% Return on Equity50.11% Return on Assets17.89%Miscellaneous Employees88,100 Outstanding Shares358,882,000Market Cap$30.46 billion Next Earnings Date5/28/2020 (Estimated) OptionableOptionable 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. NASDAQ:ROST Rates by TradingView 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ROST shares have decreased by 14.0% and is now trading at $84.87. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Ross Stores? 23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last year. There are currently 1 sell rating, 6 hold ratings and 16 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, May 28th 2020. View our earnings forecast for Ross Stores. How were Ross Stores' earnings last quarter? Ross Stores, Inc. (NASDAQ:ROST) posted its earnings results on Tuesday, March, 3rd. The apparel retailer reported $1.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.26 by $0.02. The apparel retailer had revenue of $4.41 billion for the quarter, compared to analysts' expectations of $4.36 billion. Ross Stores had a net margin of 10.36% and a return on equity of 50.11%. The business's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.20 EPS. View Ross Stores' earnings history. How often does Ross Stores pay dividends? What is the dividend yield for Ross Stores? Ross Stores announced a quarterly dividend on Tuesday, March 3rd. Shareholders 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 annualized dividend and a dividend yield of 1.34%. 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 authorized a share buyback program on Tuesday, March 5th 2019, which authorizes the company to repurchase $2,550,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 7.3% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's leadership 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 EPS guidance of $4.67-4.88 for the period, compared to the Thomson Reuters consensus estimate of $5.03. What price target have analysts set for ROST? 23 equities research analysts have issued 12 month target prices for Ross Stores' stock. Their forecasts range from $83.00 to $145.00. On average, they expect Ross Stores' stock price to reach $116.00 in the next year. This suggests a possible upside of 36.7% from the stock's current price. View analysts' price targets for Ross Stores. What are Wall Street analysts saying about Ross Stores stock? Here are some recent quotes from research analysts about Ross Stores stock: 1. Guggenheim analysts commented, "We remain BUY rated and would use any weakness in shares as an incremental opportunity to accumulate; our price target is $105. ROST reported 1Q19 EPS of $1.15, above our estimate of $1.12, including a 2% comp sales gain (in line with our estimate). Total revenue was up 5.8% to $3.8bn (in line with our estimate). The comp sales increase in the quarter was led by an increase in basket size (with units up and AUR down slightly). Traffic was impacted by the softness in Ladies apparel, per mgmt. Gross margin was down 85bps (vs. our -70bps estimate), and SG&A expense deleveraged 10bps (better than our 50bps estimate), resulting in a ~100bps operating margin decline (vs. our -120bps estimate)." (5/24/2019) 2. According to Zacks Investment Research, "Ross Stores boasts a robust surprise trend, having delivered 11th consecutive earnings beat in fourth-quarter fiscal 2018, with 10 positive sales surprises in 11 quarters. Moreover, its commitment to price management, merchandise initiatives, cost containment and store expansion bode well. Further, the recently raised dividend and new share buyback program highlight its balance sheet strength and ability to generate cash to fund growth initiatives. However, the company lagged the industry in the past three months owing to expectations of higher freight costs and wage investments in fiscal 2019, which have been hurting margins for a while. These headwinds hurt operating margin and led to higher cost of goods sold and SG&A expenses, in fourth-quarter fiscal 2018. This along with expectations of difficult comparisons, a competitive landscape and macroeconomic headwinds led to a soft outlook for the first quarter and fiscal 2019." (5/13/2019) Has Ross Stores been receiving favorable news coverage? Media stories about ROST stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media 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 nearest to five being the most favorable. Ross Stores earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned media headlines about the apparel retailer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutRoss Stores. Are investors shorting Ross Stores? Ross Stores saw a decline in short interest in the month of March. As of March 13th, there was short interest totaling 4,438,000 shares, a decline of 7.5% from the February 27th total of 4,800,000 shares. Based on an average daily trading volume, of 3,557,100 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.3% of the shares of the company are short sold. 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), Buckle (BKE), Abercrombie & Fitch (ANF), Zumiez (ZUMZ), Guess? (GES), Designer Brands (DBI), Shoe Carnival (SCVL), Childrens Place (PLCE), Cato (CATO), Caleres (CAL) and Genesco (GCO). 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), NVIDIA (NVDA), Walt Disney (DIS), Starbucks (SBUX), Intel (INTC), Visa (V), Johnson & Johnson (JNJ), UnitedHealth Group (UNH), Alibaba Group (BABA) and Cisco Systems (CSCO). 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 variety of institutional and retail investors. Top institutional investors include FMR LLC (5.87%), State Street Corp (4.73%), Capital International Investors (2.88%), Massachusetts Financial Services Co. MA (1.67%), Geode Capital Management LLC (1.43%) and Franklin Resources Inc. (1.40%). Company insiders that own Ross Stores stock include Barbara Rentler, Bernard G Brautigan, George Orban, James S Fassio, Lisa R Panattoni, Michael Balmuth, Michael J Bush, Michael J Hartshorn and Norman A Ferber. View institutional ownership trends for Ross Stores. Which major investors are selling Ross Stores stock? ROST stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Assenagon Asset Management S.A., Jennison Associates LLC, PGGM Investments, Nuveen Asset Management LLC, State Street Corp, Massachusetts Financial Services Co. MA, and Janus Henderson Group PLC. Company insiders that have sold Ross Stores company stock in the last year include Barbara Rentler, Bernard G Brautigan, George Orban, James S Fassio, and Michael Balmuth. View insider buying and selling activity for Ross Stores. Which major investors are buying Ross Stores stock? ROST stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Amundi Pioneer Asset Management Inc., Madison Asset Management LLC, Bank of America Corp DE, Man Group plc, Lord Abbett & CO. LLC, AQR Capital Management LLC, and Teacher Retirement System of Texas. 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 $84.87. How big of a company is Ross Stores? Ross Stores has a market capitalization of $30.46 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 88,100 workers across the globe. View additional information about Ross Stores. What is Ross Stores' official website? The official website for Ross Stores is http://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] MarketBeat Community Rating for Ross Stores (NASDAQ ROST)Community Ranking: 2.5 out of 5 ( )Outperform Votes: 837 (Vote Outperform)Underperform Votes: 842 (Vote Underperform)Total Votes: 1,679MarketBeat'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. This page was last updated on 3/30/2020 by MarketBeat.com StaffFeatured Article: What are the qualifications of a portfolio manager?
