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

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$82.64 -8.55 (-9.38 %)
(As of 11/21/2018 07:21 AM ET)
Previous Close$91.19
Today's Range$82.04 - $88.83
52-Week Range$70.84 - $104.35
Volume7.94 million shs
Average Volume2.99 million shs
Market Capitalization$34.05 billion
P/E Ratio24.74
Dividend Yield0.99%
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 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

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 Ratio24.74
Forward P/E Ratio20.01
P/E Growth2.21

Sales & Book Value

Annual Sales$14.13 billion
Price / Sales2.18
Cash Flow$3.7839 per share
Price / Cash21.84
Book Value$7.98 per share
Price / Book10.36

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$34.05 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. Investors 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 annualized dividend and a dividend yield of 1.09%. The ex-dividend date is Thursday, December 6th. View Ross Stores' Dividend History.

How will Ross Stores' stock buyback program work?

Ross Stores declared that its Board of Directors has initiated a stock repurchase program on Wednesday, March 7th 2018, which permits the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its shares are undervalued.

How were Ross Stores' earnings last quarter?

Ross Stores, Inc. (NASDAQ:ROST) released its quarterly earnings data on Tuesday, November, 20th. The apparel retailer reported $0.91 EPS for the quarter, topping the Zacks' consensus estimate of $0.90 by $0.01. The apparel retailer earned $3.55 billion during the quarter, compared to analysts' expectations of $3.55 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 6.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.72 earnings per share. View Ross Stores' Earnings History.

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

Ross Stores issued an update on its fourth quarter 2018 earnings guidance on Tuesday, November, 20th. The company provided earnings per share (EPS) guidance of $1.09-1.14 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.08. Ross Stores also updated its FY 2018 guidance to $4.15-4.20 EPS.

What price target have analysts set for ROST?

27 brokerages have issued 12-month price targets for Ross Stores' stock. Their forecasts range from $78.00 to $115.00. On average, they expect Ross Stores' share price to reach $96.5417 in the next year. This suggests a possible upside of 16.8% from the stock's current price. 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 surpassed the industry in the past year given positive record of earnings and sales surprises in the trailing nine quarters. In second-quarter fiscal 2018, both the top and bottom lines beat estimates and improved year over year. Earnings gained from ongoing success in delivering broad assortments of compelling bargains to value-focused customers. Moreover, the company’s commitment toward better price management, merchandise initiatives, cost containment and store expansion plan bodes well. Based on the first-half results and the second-half view, the company raised earnings outlook for fiscal 2018. However, Ross Stores continues to grapple with higher freight costs and wage-related investments, which is hurting operating margins lately. The company expects these headwinds along with slight deleverage in occupancy and other expenses to result in soft operating margin for the fiscal third quarter." (11/15/2018)
  • 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 coverage about ROST stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public 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 -1.0 on InfoTrie's scale. They also assigned press coverage about the apparel retailer a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.

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 a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.98%), FMR LLC (6.10%), JPMorgan Chase & Co. (3.72%), Primecap Management Co. CA (3.33%), Franklin Resources Inc. (1.51%) and Massachusetts Financial Services Co. MA (1.47%). 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., Panagora Asset Management Inc., FMR LLC, Flossbach Von Storch AG, Assenagon Asset Management S.A., Mitsubishi UFJ Trust & Banking Corp, Glenmede Trust Co. NA and Franklin Resources Inc.. 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 acquired by a variety of institutional investors in the last quarter, including Capital International Investors, JPMorgan Chase & Co., AQR Capital Management LLC, Scopus Asset Management L.P., Morgan Stanley, Schroder Investment Management Group, Renaissance Technologies LLC and Janus Henderson Group PLC. 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 $82.64.

How big of a company is Ross Stores?

Ross Stores has a market capitalization of $34.05 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:  677 (Vote Outperform)
Underperform Votes:  700 (Vote Underperform)
Total Votes:  1,377
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 11/21/2018 by MarketBeat.com Staff

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