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NASDAQ:ROST

Ross Stores (ROST) Stock Price, News & Analysis

$153.95
+6.25 (+4.23%)
(As of 08/21/2024 ET)
Today's Range
$152.10
$157.85
50-Day Range
$136.06
$153.95
52-Week Range
$108.35
$157.85
Volume
3.17 million shs
Average Volume
1.86 million shs
Market Capitalization
$51.35 billion
P/E Ratio
25.96
Dividend Yield
0.95%
Price Target
$161.13

Ross Stores MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.81 Rating Score
Upside/​Downside
4.7% Upside
$161.13 Price Target
Short Interest
Healthy
0.93% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.57
Upright™ Environmental Score
News Sentiment
0.73mentions of Ross Stores in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$130,206 Sold Last Quarter
Proj. Earnings Growth
9.21%
From $5.97 to $6.52 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.42 out of 5 stars

Retail/Wholesale Sector

43rd out of 193 stocks

Family Clothing Stores Industry

2nd out of 10 stocks

ROST stock logo

About Ross Stores Stock (NASDAQ:ROST)

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 brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company's Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd's DISCOUNTS stores sell its products at department and discount stores for households with moderate income. Ross Stores, Inc. was incorporated in 1957 and is headquartered in Dublin, California.

ROST Stock Price History

ROST Stock News Headlines

Ross Stores (NASDAQ:ROST) Sets New 1-Year High at $157.50
US developing “superweapon” to defeat China and Russia?
Our new superweapon is a gift to every patriot. I predict the devastating new tech behind this weapon will create the greatest investment opportunity for Americans since WWII. Similar stocks in the past have seen peak gains of 16,270%in just 18 months.
What To Expect From Ross Stores’s (ROST) Q2 Earnings
Ross Stores (ROST) to Release Earnings on Thursday
US developing “superweapon” to defeat China and Russia?
Our new superweapon is a gift to every patriot. I predict the devastating new tech behind this weapon will create the greatest investment opportunity for Americans since WWII. Similar stocks in the past have seen peak gains of 16,270%in just 18 months.
ROST Aug 2024 110.000 put
Ross Stores: Key Talking Points Ahead Of Q2 Results
ROST Aug 2024 131.000 put (ROST240816P00131000)
Ross Stores (NASDAQ:ROST) PT Lowered to $173.00
See More Headlines
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Company Calendar

Last Earnings
5/23/2024
Ex-Dividend for 6/28 Dividend
6/11/2024
Dividend Payable
6/28/2024
Today
8/22/2024
Next Earnings (Confirmed)
8/22/2024
Dividend Payable
9/30/2024
Fiscal Year End
1/31/2025
Ex-Dividend for 9/30 Dividend
1/01/2100

Industry, Sector and Symbol

Industry
Family clothing stores
Sub-Industry
Apparel Retail
Current Symbol
NASDAQ:ROST
CUSIP
77829610
Employees
108,000
Year Founded
1982

Price Target and Rating

Average Stock Price Target
$161.13
High Stock Price Target
$173.00
Low Stock Price Target
$135.00
Potential Upside/Downside
+4.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.81
Research Coverage
16 Analysts

Profitability

Net Income
$1.87 billion
Pretax Margin
12.64%

Debt

Sales & Book Value

Annual Sales
$20.38 billion
Cash Flow
$7.12 per share
Book Value
$14.47 per share

Miscellaneous

Free Float
326,570,000
Market Cap
$51.35 billion
Optionable
Optionable
Beta
1.08

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Should I Buy Ross Stores Stock? ROST Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Ross Stores, Inc.:

  • Ross Stores has a strong average rating of "Moderate Buy" from investment analysts, indicating positive sentiment towards the company's performance and potential growth.
  • The company has a consensus price target of $159.06, suggesting potential upside in the stock price based on analysts' projections.
  • Ross Stores has shown resilience in its financial performance, with a market capitalization of $46.78 billion, indicating stability and investor confidence.
  • Institutional investors, such as Norges Bank and Wellington Management Group LLP, have significantly increased their stakes in Ross Stores, signaling institutional confidence in the company's future prospects.
  • Despite a recent dip in stock price, Ross Stores' 1-year high of $153.06 demonstrates the potential for price appreciation and recovery in the future.

Cons

Investors should be bearish about investing in Ross Stores, Inc. for these reasons:

  • The stock price of Ross Stores has experienced a 1.9% decline recently, indicating short-term volatility and potential uncertainty in the market sentiment towards the company.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 15, 2024. Please send any questions or comments about these Ross Stores pros and cons to contact@marketbeat.com.

ROST Stock Analysis - Frequently Asked Questions

How have ROST shares performed this year?

Ross Stores' stock was trading at $138.39 at the beginning of 2024. Since then, ROST stock has increased by 11.2% and is now trading at $153.95.
View the best growth stocks for 2024 here
.

How were Ross Stores' earnings last quarter?

Ross Stores, Inc. (NASDAQ:ROST) released its quarterly earnings results on Thursday, May, 23rd. The apparel retailer reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.11. The company's revenue for the quarter was up 8.1% on a year-over-year basis.
Read the conference call transcript
.

How will Ross Stores' stock buyback program work?

Ross Stores' board approved a stock buyback plan on Tuesday, March 5th 2024, which permits the company to repurchase $2,100,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 4.3% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its stock is undervalued.

What is Barbara Rentler's approval rating as Ross Stores' CEO?

1,341 employees have rated Ross Stores Chief Executive Officer Barbara Rentler on Glassdoor.com. Barbara Rentler has an approval rating of 67% among the company's employees.

Does Ross Stores have any subsidiaries?

Ross Stores subsidiaries include these companies: Retail Assurance Group Inc., Ross Distribution Company LLC, Ross Dress For Less Inc., Ross Merchandising Inc., and Ross Procurement Inc..

Who are Ross Stores' major shareholders?

Top institutional investors of Ross Stores include Primecap Management Co. CA (3.19%), Massachusetts Financial Services Co. MA (1.21%), Marshfield Associates (1.17%) and Victory Capital Management Inc. (0.99%). Insiders that own company stock include Barbara Rentler, Michael J Hartshorn, Brian R Morrow, Michael K Kobayashi, Michael J Bush, Jeffrey P Burrill, Larree M Renda and Patricia H Mueller.
View institutional ownership trends
.

How do I buy shares of Ross Stores?

Shares of ROST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Ross Stores own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ross Stores investors own include Walt Disney (DIS), NVIDIA (NVDA), Home Depot (HD), Intel (INTC), Johnson & Johnson (JNJ), Visa (V) and Cisco Systems (CSCO).

This page (NASDAQ:ROST) was last updated on 8/22/2024 by MarketBeat.com Staff

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