NASDAQ:ROST Ross Stores (ROST) Stock Price, News & Analysis $150.73 +0.41 (+0.27%) (As of 09/18/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Ross Stores Stock (NASDAQ:ROST) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$150.38▼$152.8250-Day Range$136.06▼$155.2552-Week Range$108.35▼$163.60Volume1.36 million shsAverage Volume2.24 million shsMarket Capitalization$50.28 billionP/E Ratio25.42Dividend Yield0.98%Price Target$169.71Consensus RatingModerate Buy Company OverviewRoss 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.Read More… Weird phenomenon on AMZN stock (Ad)What would you do if you knew that you could have bought Amazon on May 25th every year and walked away with a win?Click here to see the 10 best trades upcoming in 2024 for FREE Ross Stores Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 93rd PercentileRoss Stores scored higher than 93% of companies evaluated by MarketBeat, and ranked 37th out of 205 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.4 / 5Analyst RatingModerate Buy Consensus RatingRoss Stores has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 13 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageRoss Stores has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Ross Stores' stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings Growth6.94% Earnings GrowthEarnings for Ross Stores are expected to grow by 6.94% in the coming year, from $6.20 to $6.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ross Stores is 25.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Ross Stores is 25.42, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 21.97.Price to Earnings Growth RatioRoss Stores has a PEG Ratio of 2.48. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioRoss Stores has a P/B Ratio of 9.75. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Ross Stores' valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.10% of the float of Ross Stores has been sold short.Short Interest Ratio / Days to CoverRoss Stores has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ross Stores has recently increased by 6.51%, indicating that investor sentiment is decreasing significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldRoss Stores has a dividend yield of 0.96%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthRoss Stores does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Ross Stores is 24.79%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Ross Stores will have a dividend payout ratio of 22.17% next year. This indicates that Ross Stores will be able to sustain or increase its dividend.Read more about Ross Stores' dividend. Sustainability and ESG2.0 / 5Environmental Score-2.57 Percentage of Shares Shorted1.10% of the float of Ross Stores has been sold short.Short Interest Ratio / Days to CoverRoss Stores has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ross Stores has recently increased by 6.51%, indicating that investor sentiment is decreasing significantly. News and Social Media3.9 / 5News Sentiment0.93 News SentimentRoss Stores has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Ross Stores this week, compared to 11 articles on an average week.Search Interest22 people have searched for ROST on MarketBeat in the last 30 days. This is an increase of 120% compared to the previous 30 days.MarketBeat Follows7 people have added Ross Stores to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Ross Stores insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $11,093,051.00 in company stock.Percentage Held by InsidersOnly 2.10% of the stock of Ross Stores is held by insiders.Percentage Held by Institutions86.86% of the stock of Ross Stores is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Ross Stores' insider trading history. ROST Stock News HeadlinesRoss Stores, Inc. (NASDAQ:ROST) Chairman Sells $2,266,099.14 in StockSeptember 10, 2024 | insidertrades.comNordstrom’s Winning Formula: 3 Factors Behind the Stock’s Success (ROST)It’s a tale of 2 retail department stores on the opposite ends of the financial spectrum. Nordstrom Inc. (NYSE: JWN) stock is trading up 21% year-to-dateSeptember 4, 2024 | marketbeat.comChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… . September 19, 2024 | True Gold Republic (Ad)Ross Stores, Inc. (NASDAQ:ROST) CEO Sells $7,524,868.05 in StockAugust 30, 2024 | insidertrades.comMarketBeat Week in Review – 8/19 - 8/23 (ROST)Stocks closed the week higher on the near certainty that the Fed will cut interest rates in September, but in the short term, all eyes are on NVDA earningsAugust 24, 2024 | marketbeat.comMichael J. Hartshorn Sells 8,366 Shares of Ross Stores, Inc. (NASDAQ:ROST) StockSeptember 18 at 6:23 PM | americanbankingnews.comYounger Consumers Can Lift These 3 Retail Stocks, Bank of America SaysSeptember 18 at 1:48 PM | msn.comYounger Consumers Can Lift These 3 Retail Stocks, Bank of America SaysSeptember 18 at 1:36 PM | investopedia.comSee More Headlines 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 the year. Since then, ROST stock has increased by 8.9% and is now trading at $150.73. View the best growth stocks for 2024 here. How were Ross Stores' earnings last quarter? Ross Stores, Inc. (NASDAQ:ROST) announced its earnings results on Thursday, August, 22nd. The apparel retailer reported $1.59 earnings per share for the quarter, topping analysts' consensus estimates of $1.50 by $0.09. The company's revenue for the quarter was up 7.1% compared to the same quarter last year. Read the conference call transcript. How will Ross Stores' stock buyback program work? Ross Stores' board initiated a share buyback plan on Tuesday, March 5th 2024, which allows the company to buy back $2,100,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 4.3% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board believes its shares are undervalued. 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? Ross Stores' top institutional investors 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, Michael Balmuth, 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). Company Calendar Ex-Dividend for 6/28 Dividend6/11/2024Dividend Payable6/28/2024Last Earnings8/22/2024Ex-Dividend for 9/30 Dividend9/10/2024Today9/18/2024Dividend Payable9/30/2024Next Earnings (Estimated)11/21/2024Fiscal Year End1/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorRetail/Wholesale Industry Family clothing stores Sub-IndustryApparel Retail Current SymbolNASDAQ:ROST CUSIP77829610 CIK745732 Webwww.rossstores.com Phone(925) 965-4400Fax925-965-4181Employees108,000Year Founded1982Price Target and Rating Average Stock Price Target$169.71 High Stock Price Target$190.00 Low Stock Price Target$135.00 Potential Upside/Downside+12.6%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$5.93 Trailing P/E Ratio25.42 Forward P/E Ratio24.31 P/E Growth2.48Net Income$1.87 billion Net Margins9.82% Pretax Margin12.94% Return on Equity42.43% Return on Assets14.35% Debt Debt-to-Equity Ratio0.30 Current Ratio1.56 Quick Ratio1.05 Sales & Book Value Annual Sales$21.09 billion Price / Sales2.38 Cash Flow$6.73 per share Price / Cash Flow22.41 Book Value$15.46 per share Price / Book9.75Miscellaneous Outstanding Shares333,575,000Free Float326,570,000Market Cap$50.28 billion OptionableOptionable Beta1.09 Social Links Should I Buy Ross Stores Stock? ROST Pros and Cons Explained 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 Tuesday, September 10, 2024. Please send any questions or comments about these Ross Stores pros and cons to contact@marketbeat.com. Ross Stores Bull Case Here are some ways that investors could benefit from investing in Ross Stores, Inc.: Ross Stores, Inc. recently reported a strong quarterly earnings performance, beating analysts' consensus estimates. This indicates the company's ability to generate solid profits. The company has a healthy return on equity of 42.43%, showcasing efficient utilization of shareholder funds to generate earnings. Ross Stores, Inc. has a moderate payout ratio of 24.79%, indicating that the company is distributing a reasonable portion of its earnings as dividends while retaining the rest for growth and reinvestment. Several equity analysts have upgraded their price targets for Ross Stores, Inc., signaling positive sentiment and potential future stock price appreciation. With a current dividend yield of 0.97%, Ross Stores, Inc. offers investors a source of passive income through regular dividend payments. Ross Stores Bear Case Investors should be bearish about investing in Ross Stores, Inc. for these reasons: The stock price of Ross Stores, Inc. has a price-to-earnings ratio of 25.38, which may be considered relatively high by some investors, potentially indicating an overvalued stock. This page (NASDAQ:ROST) was last updated on 9/19/2024 by MarketBeat.com Staff From Our PartnersChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. 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