NASDAQ:ROSTRoss 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 $88.74 -0.31 (-0.35 %) (As of 04/10/2020 04:37 AM ET) Add Compare Share Today's Range$87.89Now: $88.74▼$92.6450-Day Range$59.97MA: $93.68▼$123.8152-Week Range$56.30Now: $88.74▼$124.16Volume2.69 million shsAverage Volume3.14 million shsMarket Capitalization$31.58 billionP/E Ratio19.29Dividend Yield1.28%Beta0.88 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingRoss Stores has received a consensus rating of Buy. The company's average rating score is 2.65, and is based on 16 buy ratings, 6 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $115.35, Ross Stores has a potential upside of 30.0% from its current price of $88.74.Amount of Analyst CoverageRoss Stores has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.5 Community Rank Outperform VotesRoss Stores has received 839 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRoss Stores has received 844 “underperform” votes. (Add your “underperform” vote.)Community SentimentRoss Stores has received 50.15% “underperform” votes from our community.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. Previous Next 5.0 Dividend Strength Dividend LeadershipRoss Stores is a leading dividend payer. It pays a dividend yield of 1.28%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRoss Stores has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Ross Stores is 24.89 %. 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 23.85 % next year. This indicates that Ross Stores will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ross Stores insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.30% of the stock of Ross Stores is held by insiders.Percentage Held by Institutions86.20% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Ross Stores are expected to grow by 19.20% in the coming year, from $4.01 to $4.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ross Stores is 19.29, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Ross Stores is 19.29, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 17.34.Price to Earnings Growth RatioRoss Stores has a PEG Ratio of 2.12. 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 9.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 2.5Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.69 out of 5 stars 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 Ratio19.29 Forward P/E Ratio22.13 P/E Growth2.12 Sales & Book Value Annual Sales$16.04 billion Price / Sales1.97 Cash Flow$5.85 per share Price / Cash Flow15.18 Book Value$9.36 per share Price / Book9.48Profitability EPS (Most Recent Fiscal Year)$4.58 Net Income$1.66 billion Net Margins10.36% Return on Equity50.11% Return on Assets17.89%Miscellaneous Employees92,500 Outstanding Shares355,897,000Market Cap$31.58 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ROST shares have decreased by 10.0% and is now trading at $88.74. View which stocks have been most 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) released its quarterly earnings results on Tuesday, March, 3rd. The apparel retailer reported $1.28 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.26 by $0.02. The apparel retailer had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.36 billion. Ross Stores had a return on equity of 50.11% and a net margin of 10.36%. The firm's revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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 given a dividend of $0.285 per share on Tuesday, March 31st. This represents a $1.14 annualized dividend and a dividend yield of 1.28%. The ex-dividend date of this dividend is Monday, March 16th. This is a positive change 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 has authorized a share repurchase plan on Tuesday, March 5th 2019, which allows the company to buyback $2,550,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 7.3% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's management believes its shares are 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 earnings per share (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 brokers have issued 1-year price objectives for Ross Stores' stock. Their forecasts range from $80.00 to $145.00. On average, they anticipate Ross Stores' stock price to reach $115.35 in the next year. This suggests a possible upside of 30.0% 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? Press coverage about ROST stock has been trending very negative recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ross Stores earned a news impact 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 news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutRoss Stores. Are investors shorting Ross Stores? Ross Stores saw a drop in short interest in the month of March. As of March 13th, there was short interest totaling 4,438,000 shares, a drop of 7.5% from the February 27th total of 4,800,000 shares. Based on an average daily volume of 3,557,100 shares, the short-interest ratio is currently 1.2 days. Approximately 1.3% of the company's shares are sold short. 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), Childrens Place (PLCE), Cato (CATO), Shoe Carnival (SCVL), Genesco (GCO) and Caleres (CAL). 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), UnitedHealth Group (UNH), Alibaba Group (BABA), Johnson & Johnson (JNJ) 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 retail and institutional investors. Top institutional investors include LGT Capital Partners LTD. (0.15%), Hexavest Inc. (0.10%), State of Alaska Department of Revenue (0.03%), Polaris Greystone Financial Group LLC (0.01%), Contravisory Investment Management Inc. (0.01%) and Cypress Capital Group (0.01%). 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. Which institutional investors are selling Ross Stores stock? ROST stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., Cypress Capital Group, Spirit of America Management Corp NY, Pensionfund DSM Netherlands, IFM Investors Pty Ltd, and Private Trust Co. NA. 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. Which institutional investors are buying Ross Stores stock? ROST stock was acquired by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., Polaris Greystone Financial Group LLC, State of Alaska Department of Revenue, Cullinan Associates Inc., IBM Retirement Fund, Mountain Pacific Investment Advisers Inc. ID, Pensionfund Sabic, and Contravisory Investment Management Inc.. 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 $88.74. How big of a company is Ross Stores? Ross Stores has a market capitalization of $31.58 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. 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] This page was last updated on 4/10/2020 by MarketBeat.com StaffFeatured Article: What does the Dogs of the Dow mean?
