NASDAQ:ROSTRoss Stores Stock Price, Forecast & News

Ross Stores' stock was trading at $98.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ROST stock has decreased by 4.1% and is now trading at $94.60. View which stocks have been most impacted by Coronavirus.

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.

Ross Stores is scheduled to release its next quarterly earnings announcement on Thursday, August 27th 2020. View our earnings forecast for Ross Stores.

Ross Stores, Inc. (NASDAQ:ROST) posted its earnings results on Thursday, May, 21st. The apparel retailer reported ($0.87) EPS for the quarter, missing analysts' consensus estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.15 EPS. View Ross Stores' earnings history.

Ross Stores declared a quarterly dividend on Tuesday, March 3rd. Investors 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 1.21%. The ex-dividend date of this dividend is Monday, March 16th. This is an increase from Ross Stores's previous quarterly dividend of $0.26. View Ross Stores' dividend history.

Ross Stores declared that its Board of Directors has initiated a share buyback plan on Tuesday, March 5th 2019, which authorizes the company to repurchase $2,550,000,000.00 in 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 plans are often an indication that the company's board of directors believes its shares are undervalued.

Ross Stores updated 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 earnings per share estimate of $5.03.

26 brokerages have issued twelve-month price objectives for Ross Stores' shares. Their forecasts range from $80.00 to $145.00. On average, they expect Ross Stores' stock price to reach $108.54 in the next year. This suggests a possible upside of 14.7% from the stock's current price. View analysts' price targets for Ross Stores.

News coverage about ROST stock has been trending somewhat negative on Wednesday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ross Stores earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave media stories about the apparel retailer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutRoss Stores.

Ross Stores saw a decline in short interest in May. As of May 15th, there was short interest totaling 4,090,000 shares, a decline of 10.7% from the April 30th total of 4,580,000 shares. Based on an average daily volume of 3,560,000 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.2% of the shares of the company are sold short. View Ross Stores' Current Options Chain.

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.

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).

Ross Stores trades on the NASDAQ under the ticker symbol "ROST."

Ross Stores' stock is owned by a variety of institutional and retail investors. Top institutional shareholders 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.

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.

ROST stock was acquired 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, Morgan Stanley, and Bessemer Group Inc.. View insider buying and selling activity for 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.

One share of ROST stock can currently be purchased for approximately $94.60.

Ross Stores has a market capitalization of $33.62 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.

The official website for Ross Stores is www.rossstores.com.

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]