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NASDAQ:ROSTRoss Stores Stock Price, Forecast & News

$96.96
-1.31 (-1.33 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$95.48
Now: $96.96
$98.87
50-Day Range
$82.63
MA: $89.60
$98.27
52-Week Range
$56.30
Now: $96.96
$124.16
Volume4.51 million shs
Average Volume2.69 million shs
Market Capitalization$34.46 billion
P/E Ratio37.58
Dividend Yield1.16%
Beta0.8
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.87 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$16.04 billion
Cash Flow$5.51 per share
Book Value$7.93 per share

Profitability

Net Income$1.66 billion

Miscellaneous

Employees92,500
Market Cap$34.46 billion
Next Earnings Date8/27/2020 (Estimated)
OptionableOptionable

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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 reached pandemic status according to the World Health Organization. Since then, ROST shares have decreased by 1.7% and is now trading at $96.96. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Ross Stores?

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.

When is Ross Stores' next earnings date?

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

How were Ross Stores' earnings last quarter?

Ross Stores, Inc. (NASDAQ:ROST) issued its quarterly earnings data on Thursday, May, 21st. The apparel retailer reported ($0.87) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by $0.86. The apparel retailer had revenue of $1.84 billion for the quarter, compared to analysts' expectations of $2.04 billion. Ross Stores had a return on equity of 35.71% and a net margin of 6.63%. The company's revenue for the quarter was down 51.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.15 EPS. View Ross Stores' earnings history.

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

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 annualized dividend and a dividend yield of 1.18%. The ex-dividend date 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 approved a share repurchase plan on Tuesday, March 5th 2019, which permits the company to buyback $2,550,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 7.3% of its shares through open market purchases. Shares buyback plans are generally 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 updated its FY21 earnings guidance on Tuesday, March, 3rd. The company provided EPS guidance of $4.67-4.88 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.03.

What price target have analysts set for ROST?

26 brokerages have issued 1-year target prices for Ross Stores' shares. Their forecasts range from $80.00 to $145.00. On average, they anticipate Ross Stores' stock price to reach $108.85 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price. View analysts' price targets for Ross Stores.

Has Ross Stores been receiving favorable news coverage?

Media stories about ROST stock have been trending very negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ross Stores earned a news impact score of -3.5 on InfoTrie's scale. They also gave media headlines about the apparel retailer a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near future. View the latest news aboutRoss Stores.

Are investors shorting Ross Stores?

Ross Stores saw a decline in short interest during the month of 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 trading volume of 3,560,000 shares, the short-interest ratio is presently 1.1 days. Currently, 1.2% of the company's shares are sold short. View Ross Stores' Current Options Chain.

Who are some of Ross Stores' key competitors?

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), Walt Disney (DIS), NVIDIA (NVDA), Intel (INTC), Starbucks (SBUX), Visa (V), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Alibaba Group (BABA) and TJX Companies (TJX).

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 many different institutional and retail investors. Top institutional investors 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.

Which institutional investors are selling Ross Stores stock?

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.

Which institutional investors are buying Ross Stores stock?

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.

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 $96.96.

How big of a company is Ross Stores?

Ross Stores has a market capitalization of $34.46 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.

What is Ross Stores' official website?

The official website for Ross Stores is 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 5/30/2020 by MarketBeat.com Staff

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