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

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$99.99 -1.78 (-1.75 %)
(As of 11/13/2018 10:55 AM ET)
Previous Close$101.77
Today's Range$99.86 - $102.25
52-Week Range$63.56 - $104.35
Volume52,732 shs
Average Volume2.50 million shs
Market Capitalization$38.37 billion
P/E Ratio29.99
Dividend Yield0.88%
Beta0.98
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 11, 2018, it operated approximately 1700 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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Family clothing stores
Sub-IndustryApparel Retail
SectorRetail/Wholesale
Current SymbolNASDAQ:ROST
Previous Symbol
CUSIP77829610
Phone925-965-4400

Debt

Debt-to-Equity Ratio0.10
Current Ratio1.71
Quick Ratio0.85

Price-To-Earnings

Trailing P/E Ratio29.99
Forward P/E Ratio24.27
P/E Growth2.49

Sales & Book Value

Annual Sales$14.13 billion
Price / Sales2.64
Cash Flow$4.0613 per share
Price / Cash24.62
Book Value$7.98 per share
Price / Book12.53

Profitability

EPS (Most Recent Fiscal Year)$3.34
Net Income$1.36 billion
Net Margins10.41%
Return on Equity47.56%
Return on Assets24.76%

Miscellaneous

Employees82,700
Outstanding Shares373,370,000
Market Cap$38.37 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 declared a quarterly dividend on Wednesday, August 22nd. Investors of record on Thursday, September 13th will be given a dividend of $0.225 per share on Friday, September 28th. This represents a $0.90 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend is Wednesday, September 12th. 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 Wednesday, March 7th 2018, which permits the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its shares are undervalued.

How were Ross Stores' earnings last quarter?

Ross Stores, Inc. (NASDAQ:ROST) announced its quarterly earnings data on Thursday, August, 23rd. The apparel retailer reported $1.04 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.01 by $0.03. The apparel retailer had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.66 billion. Ross Stores had a net margin of 10.41% and a return on equity of 47.56%. Ross Stores's quarterly revenue was up 8.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.82 earnings per share. 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, November 20th 2018. View Earnings Estimates for Ross Stores.

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

Ross Stores updated its fourth quarter earnings guidance on Thursday, August, 23rd. The company provided earnings per share guidance of $1.02-1.07 for the period, compared to the Thomson Reuters consensus estimate of $1.09. Ross Stores also updated its Q3 guidance to $0.84-0.88 EPS.

What price target have analysts set for ROST?

27 brokerages have issued 12-month target prices for Ross Stores' stock. Their forecasts range from $73.00 to $110.00. On average, they anticipate Ross Stores' stock price to reach $95.5417 in the next year. This suggests that the stock has a possible downside of 6.1%. View Analyst Price Targets for Ross Stores.

What is the consensus analysts' recommendation for Ross Stores?

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ross Stores in the last year. There are currently 11 hold ratings and 16 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 underperformed the industry year to date. Further, the company continues to grapple with higher freight costs and wage-related investments, which is hurting operating margins lately. In fact, higher freight costs have been a headwind for the company for over a year now. The increase mainly stemmed from significant rise in market rates due to a very tight capacity, due to driver shortages, impacts of increased regulation and the stronger economy. Management expects these headwinds along with slight deleverage in occupancy and other expenses to result in soft operating margin for the fiscal third quarter. Additionally, intense competition and other macroeconomic hurdles are concerns. However, it has a positive record of earnings and sales surprises in the trailing nine quarters, including second-quarter fiscal 2018. Based on the first-half results and the second-half view, the company raised earnings outlook for fiscal 2018." (10/24/2018)
  • 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?

News stories about ROST stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news 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 media sentiment score of 1.1 on InfoTrie's scale. They also assigned headlines about the apparel retailer a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

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 67)
  • Ms. Barbara Rentler, CEO & Director (Age 61)
  • Mr. Michael B. O'Sullivan, Pres, COO & Director (Age 54)
  • Mr. Michael J. Hartshorn, Exec. VP, CFO & Principal Accounting Officer (Age 50)
  • Mr. Bernard Brautigan, Pres of Merchandising- Ross Dress for Less (Age 53)

Who are Ross Stores' major shareholders?

Ross Stores' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.98%), FMR LLC (6.10%), JPMorgan Chase & Co. (3.72%), Massachusetts Financial Services Co. MA (1.47%), Bank of New York Mellon Corp (1.17%) and Alliancebernstein L.P. (1.11%). 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 major investors are selling Ross Stores stock?

ROST stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., FMR LLC, Flossbach Von Storch AG, Assenagon Asset Management S.A., Mitsubishi UFJ Trust & Banking Corp, Victory Capital Management Inc., Alliancebernstein L.P. and Bank of New York Mellon Corp. 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 major investors are buying Ross Stores stock?

ROST stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Schroder Investment Management Group, Janus Henderson Group PLC, Todd Asset Management LLC, Teachers Retirement System of The State of Kentucky, Massachusetts Financial Services Co. MA, WINTON GROUP Ltd and Toronto Dominion Bank. 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 $101.77.

How big of a company is Ross Stores?

Ross Stores has a market capitalization of $38.37 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:  670 (Vote Outperform)
Underperform Votes:  695 (Vote Underperform)
Total Votes:  1,365
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 11/13/2018 by MarketBeat.com Staff

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