Ross Stores Inc

Ross Stores Inc Stock Forecast & Price Prediction

Live Ross Stores Inc Stock (ROST) Price
$145.58

25

Ratings

  • Buy 17
  • Hold 8
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$145.58

P/E Ratio

23.48

Volume Traded Today

$1.8M

Dividend

$0.3675

52 Week High/low

163.60/110.82

Ross Stores Inc Market Cap

$48.69B

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ROST Summary

The Ross Stores Inc (ROST) share price is expected to increase by 18.51% over the next year. This is based on calculating the average 12-month share price estimate provided by 25 stock analysts who have covered ROST. Price targets range from $123.12 at the low end to $185 at the high end. The current analyst consensus for ROST is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

ROST Analyst Ratings

About 25 Wall Street analysts have assigned ROST 17 buy ratings, 8 hold ratings, and 0 sell ratings. This means that analysts expect Ross Stores Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ROST. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

ROST stock forecast by analyst

These are the latest 20 analyst ratings of ROST.

Analyst/Firm

Rating

Price Target

Change

Date

Adrienne Yih
Barclays

Overweight

$175

Maintains

Aug 23, 2024
Jay Sole
UBS

Neutral

$167

Maintains

Aug 23, 2024
Dana Telsey
Telsey Advisory Group

Market Perform

$175

Maintains

Aug 23, 2024
Mark Altschwager
Baird

Outperform

$180

Maintains

Aug 23, 2024
Lorraine Hutchinson
B of A Securities

Buy

$180

Maintains

Aug 23, 2024
Laura Champine
Loop Capital

Buy

$190

Maintains

Aug 23, 2024
Ike Boruchow
Wells Fargo

Overweight

$175

Maintains

Aug 23, 2024
Alex Straton
Morgan Stanley

Overweight

$178

Maintains

Aug 23, 2024
John Kernan
TD Cowen

Buy

$185

Maintains

Aug 23, 2024
Dana Telsey
Telsey Advisory Group

Market Perform

$160

Maintains

Aug 16, 2024
John Kernan
TD Cowen

Buy

$173

Maintains

Aug 9, 2024
Dana Telsey
Telsey Advisory Group

Market Perform

$160

Maintains

Jun 14, 2024
Adrienne Yih
Barclays

Overweight

$165

Maintains

May 24, 2024
Dana Telsey
Telsey Advisory Group

Market Perform

$160

Maintains

May 24, 2024
Ike Boruchow
Wells Fargo

Overweight

$160

Maintains

May 24, 2024
Michael Binetti
Evercore ISI Group

Outperform

$165

Maintains

May 24, 2024
Jay Sole
UBS

Neutral

$147

Maintains

May 24, 2024
Alex Straton
Morgan Stanley

Overweight

$161

Maintains

May 24, 2024
John Kernan
TD Cowen

Buy

$176

Maintains

May 24, 2024
Robert Drbul
Guggenheim

Buy

$170

Maintains

May 24, 2024

ROST Company Information

What They Do: Operates off-price retail apparel and home fashion stores.

Business Model: The company generates revenue by selling a variety of apparel, accessories, footwear, and home fashion items at discounted prices through its retail stores, Ross Dress for Less and dd's DISCOUNTS. It targets middle to moderate income households, offering products at lower price points compared to traditional department and specialty stores.

Other Information: Founded in 1957 and headquartered in Dublin, California, Ross Stores has established a strong presence in the off-price retail sector, making it a potentially attractive investment for those looking at retail opportunities.
ROST
Ross Stores Inc (ROST)

When did it IPO

1986

Staff Count

108,000

Country

United States

Sector/Industry

Consumer Cyclical/Apparel Retail

CEO

Ms. Barbara Rentler

Market Cap

$48.69B

Ross Stores Inc (ROST) Financial Data

In 2023, ROST generated $18.70B in revenue, which was a decrease of -1.17% from the previous year. This can be seen as a signal that ROST's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$12.53B

0.00 %
From Previous Year

Revenue From 2022

$18.92B

50.95 %
From Previous Year

Revenue From 2023

$18.70B

-1.17 %
From Previous Year
  • Revenue TTM $21.09B
  • Operating Margin TTM 12.5%
  • Gross profit TTM $5.58B
  • Return on assets TTM 11.1%
  • Return on equity TTM 43.2%
  • Profit Margin 9.8%
  • Book Value Per Share 15.45%
  • Market capitalisation $48.69B
  • Revenue for 2021 $12.53B
  • Revenue for 2022 $18.92B
  • Revenue for 2023 $18.70B
  • EPS this year (TTM) $6.20

Ross Stores Inc (ROST) Latest News

News Image

Fri, 27 Sep 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - Ross Stores (ROST) closed at $151.56, down 0.82% from the previous trading session.

Why It Matters - A decline in Ross Stores' stock price may signal weakening investor confidence or market trends, potentially affecting future performance and investment decisions.

News Image

Tue, 24 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks Premium research service offers Zacks Style Scores, aiding value, growth, and momentum investors in identifying strong stocks.

Why It Matters - The Zacks Style Scores can enhance stock-picking strategies, potentially leading to better investment decisions and higher returns across different investing styles.

News Image

Thu, 19 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - ROST is pursuing strategic store expansions and enhancing its business model, which may positively impact its growth prospects.

Why It Matters - ROST's store expansion and business model indicate growth potential, potentially boosting revenue and shareholder value, which can positively impact stock performance.

News Image

Fri, 20 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks Style Scores provide investors with a tool to identify top-rated stocks aligned with their investing style, offering a strategic advantage in stock selection.

Why It Matters - The Zacks Style Scores help identify top-rated stocks tailored to specific investing strategies, potentially enhancing returns and reducing risk in investment portfolios.

News Image

Sat, 21 Sep 2024

Sentiment - POSITIVE

Source - MarketBeat

Summary - U.S. retail and food service sales in August were nearly $711 billion, up 0.1% sequentially and 2.1% year-over-year, surprising analysts who expected a decline.

Why It Matters - August retail sales growth, despite expectations of decline, signals consumer resilience and potential economic strength, influencing market sentiment and investment strategies.

News Image

Tue, 17 Sep 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - ROST has a strong track record with a 19.3% CAGR since inception, steady revenue growth, high gross profit margins, and healthy ROIC. Dividend growth was impacted by the pandemic.

Why It Matters - ROST's strong historical CAGR, steady revenue growth, and healthy ROIC indicate robust financial health, making it an attractive option for growth and income-focused investors.

...

ROST Frequently asked questions

The highest forecasted price for ROST is $185 from John Kernan at TD Cowen.

The lowest forecasted price for ROST is $123.12 from from

The ROST analyst ratings consensus are 17 buy ratings, 8 hold ratings, and 0 sell ratings.