Ross Stores Inc

Ross Stores Inc Stock Forecast & Price Prediction

Live Ross Stores Inc Stock (ROST) Price
$154.87

23

Ratings

  • Buy 17
  • Hold 5
  • Sell 1
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

$154.87

P/E Ratio

22.79

Volume Traded Today

$1.3M

Dividend

$0.3675

52 Week High/low

163.60/127.53

Ross Stores Inc Market Cap

$46.88B

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ROST Summary

The Ross Stores Inc (ROST) share price is expected to increase by 8.51% over the next year. This is based on calculating the average 12-month share price estimate provided by 23 stock analysts who have covered ROST. Price targets range from $123 at the low end to $190 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 23 Wall Street analysts have assigned ROST 17 buy ratings, 5 hold ratings, and 1 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

Dana Telsey
Telsey Advisory Group

Market Perform

$175

Maintains

Nov 18, 2024
Ike Boruchow
Wells Fargo

Overweight

$165

Maintains

Nov 14, 2024
Paul Lejuez
Citigroup

Neutral

$152

Downgrade

Nov 12, 2024
Dana Telsey
Telsey Advisory Group

Market Perform

$175

Maintains

Oct 29, 2024
Dana Telsey
Telsey Advisory Group

Market Perform

$175

Maintains

Aug 23, 2024
Mark Altschwager
Baird

Outperform

$180

Maintains

Aug 23, 2024
John Kernan
TD Cowen

Buy

$185

Maintains

Aug 23, 2024
Alex Straton
Morgan Stanley

Overweight

$178

Maintains

Aug 23, 2024
Adrienne Yih
Barclays

Overweight

$175

Maintains

Aug 23, 2024
Laura Champine
Loop Capital

Buy

$190

Maintains

Aug 23, 2024
Ike Boruchow
Wells Fargo

Overweight

$175

Maintains

Aug 23, 2024
Jay Sole
UBS

Neutral

$167

Maintains

Aug 23, 2024
Lorraine Hutchinson
B of A Securities

Buy

$180

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
Robert Drbul
Guggenheim

Buy

$170

Maintains

May 24, 2024
Adrienne Yih
Barclays

Overweight

$165

Maintains

May 24, 2024
Ike Boruchow
Wells Fargo

Overweight

$160

Maintains

May 24, 2024
Alex Straton
Morgan Stanley

Overweight

$161

Maintains

May 24, 2024

ROST Company Information

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

Business Model: The company operates two main store brands, Ross Dress for Less and dd's DISCOUNTS, which focus on providing off-price apparel and home goods to middle and moderate income households. By purchasing excess inventory from manufacturers and retailers, they can offer products at significantly lower prices than traditional department stores, driving customer traffic and sales.

Other Information: Founded in 1957 and headquartered in Dublin, California, Ross Stores, Inc. has built a strong reputation for value-oriented shopping. The company's strategy includes expanding its store footprint and enhancing its online presence to cater to a broader customer base.
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

$46.88B

Ross Stores Inc (ROST) Financial Data

In 2023, ROST generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ROST's business is growing, and its share price could be worth more 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

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

N/A

0.00 %
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 $46.88B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 N/A
  • EPS this year (TTM) $6.20

Ross Stores Inc (ROST) Latest News

News Image

Tue, 26 Nov 2024

Sentiment - NEUTRAL

Source - PYMNTS

Summary - In Q3, leading retailers like Ross Stores, TJX Companies, and Gap reported mixed results, reflecting cautious consumer spending and shifting behaviors, with off-price segments showing resilience.

Why It Matters - Cautious consumer spending affects retail performance, creating mixed results. Off-price segments show resilience, indicating potential investment opportunities and sector shifts.

News Image

Thu, 28 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - TJX Companies reported strong Q3 results and raised its full-year guidance. Ross Stores maintains a loyal customer base but lacks innovative strategic expansion amid cautious consumer spending and persistent inflation.

Why It Matters - Conservative spending and persistent inflation may pressure retail sectors, while TJX's strong performance and guidance uplift investor sentiment. Ross's loyalty is solid, but growth strategy appears stagnant.

News Image

Mon, 25 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks Style Scores can assist investors in selecting strong, market-beating stocks for their investment portfolios.

Why It Matters - The Zacks Style Scores can help identify high-potential stocks, aiding investors in making informed decisions to enhance portfolio performance.

News Image

Mon, 25 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Ross Stores reported modest net sales growth and gross margin expansion in 3Q24, but same-store sales growth slowed. FY24 EPS guidance was raised, with expected SSS acceleration in 4Q24. Hold rating maintained.

Why It Matters - Ross Stores' modest sales growth and raised EPS guidance suggest resilience, but decelerating same-store sales and valuation concerns indicate cautious sentiment among investors.

News Image

Fri, 22 Nov 2024

Sentiment - POSITIVE

Source - Investopedia

Summary - Ross Stores (ROST) shares rose Friday after the discount retailer reported earnings that exceeded expectations.

Why It Matters - Better-than-expected earnings for Ross Stores may indicate strong consumer demand and effective cost management, boosting investor confidence and potentially driving stock price growth.

News Image

Fri, 22 Nov 2024

Sentiment - POSITIVE

Source - Benzinga

Summary - U.S. stocks were mostly higher, with the Dow Jones index up over 250 points during Friday's trading session.

Why It Matters - Rising U.S. stocks, particularly a 250-point gain in the Dow, signal positive market sentiment and potential investor confidence, which can influence investment decisions and market trends.

...

ROST Frequently asked questions

The highest forecasted price for ROST is $190 from Laura Champine at Loop Capital.

The lowest forecasted price for ROST is $123 from Gabriella Carbone from Deutsche Bank

The ROST analyst ratings consensus are 17 buy ratings, 5 hold ratings, and 1 sell ratings.