NASDAQ:ROST - Ross Stores Stock Price, News, & Analysis

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$93.97 +0.30 (+0.32 %)
(As of 02/20/2019 04:00 PM ET)
Previous Close$93.67
Today's Range$93.35 - $94.35
52-Week Range$73.76 - $104.35
Volume2.37 million shs
Average Volume2.33 million shs
Market Capitalization$34.82 billion
P/E Ratio28.13
Dividend Yield0.96%
Beta0.91
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 in the United States. It 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 October 15, 2018, it operated Ross Dress for Less stores in 1,483 locations in 38 states, the District of Columbia, and Guam; and 237 dd's DISCOUNTS stores in 18 states in the United States. The company was founded in 1982 and is headquartered in Dublin, California.

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Industry, Sector and Symbol

Industry Family clothing stores
Sub-IndustryApparel Retail
SectorRetail/Wholesale
Current SymbolNASDAQ:ROST
CUSIP77829610
Phone925-965-4400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.13 billion
Cash Flow$4.1727 per share
Book Value$7.98 per share

Profitability

Net Income$1.36 billion

Miscellaneous

Employees82,700
Market Cap$34.82 billion
OptionableOptionable

Ross Stores (NASDAQ:ROST) Frequently Asked Questions

What is Ross Stores' stock symbol?

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

How often does Ross Stores pay dividends? What is the dividend yield for Ross Stores?

Ross Stores announced a quarterly dividend on Monday, November 19th. Shareholders of record on Friday, December 7th will be paid a dividend of $0.225 per share on Friday, December 28th. This represents a $0.90 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date is Thursday, December 6th. 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 repurchase program on Wednesday, March 7th 2018, which authorizes the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's management believes its shares are undervalued.

How were Ross Stores' earnings last quarter?

Ross Stores, Inc. (NASDAQ:ROST) announced its earnings results on Thursday, August, 23rd. The apparel retailer reported $1.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.01 by $0.03. The apparel retailer earned $3.74 billion during the quarter, compared to analysts' expectations of $3.66 billion. Ross Stores had a net margin of 10.68% and a return on equity of 48.34%. Ross Stores's revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.82 EPS. View Ross Stores' Earnings History.

When is Ross Stores' next earnings date?

Ross Stores is scheduled to release their next quarterly earnings announcement on Tuesday, March 5th 2019. View Earnings Estimates for Ross Stores.

How can I listen to Ross Stores' earnings call?

Ross Stores will be holding an earnings conference call on Tuesday, March 5th at 4:15 PM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for ROST?

28 analysts have issued 1 year price targets for Ross Stores' shares. Their predictions range from $78.00 to $115.00. On average, they expect Ross Stores' stock price to reach $95.64 in the next twelve months. This suggests a possible upside of 1.8% from the stock's current price. View Analyst Price Targets for Ross Stores.

What is the consensus analysts' recommendation for Ross Stores?

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last year. There are currently 11 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings 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. According to Zacks Investment Research, "Ross Stores surpassed the industry in the past year owing to its robust earnings surprise trend. Notably, the company delivered its 10th consecutive earnings beat in third-quarter fiscal 2018. Earnings gained from ongoing success in delivering broad assortments of compelling bargains to value-focused customers. Moreover, its commitment to better price management, merchandise initiatives, cost containment and store expansions bode well. Additionally, the company raised earnings outlook for fourth quarter and fiscal 2018. However, headwinds related to higher freight costs and wage investments have been hurting margins for a while. Notably, these headwinds weighed upon the company’s operating margin and led to higher cost of goods sold and SG&A expenses, in the fiscal third quarter. The company expects freight and wage investment-related constraints to continue impacting operating margins throughout fiscal 2018." (2/14/2019)
  • 2. Guggenheim analysts commented, "We view the comp as solid in light of unfavorable weather in the period (mgmt. estimates over a 1% point negative impact), which has impacted many retailers in our coverage. Off-price remains one of our favored industries given its positive traffic, market share gains, and strong CF generation. The company noted ample supply/buying opportunities. We remain BUY-rated. ROST reported 1Q18 EPS of $1.11, above our estimate of $1.07, including a better- than-expected 3% comp sales increase (vs. our +2.5% estimate, despite unfavorable weather). The comp sales increase in the quarter included solid traffic gains. Higher basket size also contributed to the increase, led by units (AUR down). Sales increased 9% to $3.6bn. Gross margin improved 20bps (vs. our +25bps estimate), and SG&A expense deleveraged 25bps (better than our 60bps estimate), resulting in ~10bps op." (5/24/2018)

Has Ross Stores been receiving favorable news coverage?

Press coverage about ROST stock has trended neutral on Wednesday, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of 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 0.3 on InfoTrie's scale. They also assigned news articles about the apparel retailer a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the near future.

Are investors shorting Ross Stores?

Ross Stores saw a decline in short interest in January. As of January 31st, there was short interest totalling 5,304,290 shares, a decline of 28.6% from the January 15th total of 7,429,426 shares. Based on an average daily trading volume, of 2,219,109 shares, the days-to-cover ratio is presently 2.4 days. Currently, 1.5% of the shares of the stock are sold short. View Ross Stores' Current Options Chain.

Who are some of Ross Stores' key competitors?

Who are Ross Stores' key executives?

Ross Stores' management team includes the folowing people:
  • Mr. Michael Balmuth, Exec. Chairman (Age 68)
  • Ms. Barbara Rentler, CEO & Director (Age 62)
  • Mr. Michael B. O'Sullivan, Pres, COO & Director (Age 55)
  • Mr. Michael J. Hartshorn, Exec. VP, CFO & Principal Accounting Officer (Age 51)
  • Mr. Bernard Brautigan, Pres of Merchandising- Ross Dress for Less (Age 54)

Who are Ross Stores' major shareholders?

Ross Stores' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.57%), Oregon Public Employees Retirement Fund (3.74%), Geode Capital Management LLC (1.64%), Massachusetts Financial Services Co. MA (1.53%), Amundi Pioneer Asset Management Inc. (1.34%) and Northern Trust Corp (1.27%). Company insiders that own Ross Stores stock include Barbara Rentler, Bernard G Brautigan, Brian R Morrow, James S Fassio, John G Call, Lisa R Panattoni, Michael Balmuth, Michael J Bush, Michael J Hartshorn, Norman A Ferber and Sharon D Garrett. 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 Principal Financial Group Inc., 1832 Asset Management L.P., Bank of America Corp DE, Amundi Pioneer Asset Management Inc., Los Angeles Capital Management & Equity Research Inc., First Quadrant L P CA, Alecta Pensionsforsakring Omsesidigt and Jennison Associates LLC. Company insiders that have sold Ross Stores company stock in the last year include Barbara Rentler, Bernard G Brautigan, Brian R Morrow, James S Fassio, Lisa R Panattoni, Michael Balmuth, Michael J Bush, Michael J Hartshorn, Norman A Ferber and Sharon D Garrett. View Insider Buying and Selling 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 Oregon Public Employees Retirement Fund, BlackRock Inc., Boston Partners, California Public Employees Retirement System, Coho Partners Ltd., APG Asset Management N.V., Geode Capital Management LLC and First Trust Advisors LP. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Ross Stores' stock price today?

One share of ROST stock can currently be purchased for approximately $93.97.

How big of a company is Ross Stores?

Ross Stores has a market capitalization of $34.82 billion and generates $14.13 billion in revenue each year. The apparel retailer earns $1.36 billion in net income (profit) each year or $3.34 on an earnings per share basis. Ross Stores employs 82,700 workers across the globe.

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 (star star half star)
Outperform Votes:  706 (Vote Outperform)
Underperform Votes:  726 (Vote Underperform)
Total Votes:  1,432
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.
This page was last updated on 2/20/2019 by MarketBeat.com Staff

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