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NASDAQ:ROST

Ross Stores (ROST) Stock Price, News & Analysis

Ross Stores logo
$148.68 -0.47 (-0.32%)
(As of 05:45 PM ET)

About Ross Stores Stock (NASDAQ:ROST)

Key Stats

Today's Range
$146.84
$148.92
50-Day Range
$138.59
$156.61
52-Week Range
$127.53
$163.60
Volume
1.41 million shs
Average Volume
2.36 million shs
Market Capitalization
$49.05 billion
P/E Ratio
23.41
Dividend Yield
0.99%
Price Target
$171.69
Consensus Rating
Moderate Buy

Company Overview

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.

Ross Stores Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
93rd Percentile Overall Score

ROST MarketRank™: 

Ross Stores scored higher than 93% of companies evaluated by MarketBeat, and ranked 23rd out of 218 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ross Stores has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 12 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Ross Stores has been the subject of 7 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 Growth

    Earnings for Ross Stores are expected to grow by 8.10% in the coming year, from $6.17 to $6.67 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ross Stores is 23.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.39.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ross Stores is 23.41, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 107.82.

  • Price to Earnings Growth Ratio

    Ross Stores has a PEG Ratio of 2.54. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Ross Stores has a P/B Ratio of 9.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.31% of the float of Ross Stores has been sold short.
  • Short Interest Ratio / Days to Cover

    Ross 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 month

    Short interest in Ross Stores has recently increased by 4.71%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Ross Stores has a dividend yield of 0.99%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Ross Stores does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Ross Stores is 23.15%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Ross Stores will have a dividend payout ratio of 22.04% next year. This indicates that Ross Stores will be able to sustain or increase its dividend.

  • Read more about Ross Stores' dividend.
  • Percentage of Shares Shorted

    1.31% of the float of Ross Stores has been sold short.
  • Short Interest Ratio / Days to Cover

    Ross 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 month

    Short interest in Ross Stores has recently increased by 4.71%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Ross Stores has a news sentiment score of 1.17. 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 0.65 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Ross Stores this week, compared to 12 articles on an average week.
  • Search Interest

    Only 12 people have searched for ROST on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.
  • MarketBeat Follows

    9 people have added Ross Stores to their MarketBeat watchlist in the last 30 days. This is an increase of 80% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ross Stores insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.10% of the stock of Ross Stores is held by insiders.

  • Percentage Held by Institutions

    86.86% 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.
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ROST Stock News Headlines

Montreal, Canada - November 27, 2017: Dollarama Retail Store Indoor Aisle Panorama and People Buying Toys, Furnitures and all the Cheap Items Available. — Stock Editorial Photography
Dollar Rising: Time to Buy Into Dollar General and Dollar Tree? (ROST)
Dollar General and Dollar Tree stocks are showing signs of recovery after strong earnings and real estate expansion plans. See if a rebound is ahead.
Plymouth, Minnesota - October 14, 2022: Close up of a TJ Maxx sales tag on a pair of jeans.
2 Off-Price Retail Titans: Which Stock Has More Upside in 2025? (ROST)
Explore TJX Companies and Ross Stores to see which off-price retail stock offers greater upside in 2025. Analyze their performance and growth potential.
Media Humiliated: Demo of Elon’s Tech Proves They’re Wrong
Elon Musk believes his new AI product will be worth an incredible $9 trillion. But the mainstream media is not buying it.
Flowood, MS - December 15, 2021: Kohl
Kohl’s Faces Holiday Hurdles, But Key Factors Offer Hope (ROST)
Discover why Kohl's stock is under pressure amid holiday challenges but still offers long-term value with a 13% dividend and potential for a turnaround.
See More Headlines

ROST Stock Analysis - Frequently Asked Questions

Ross Stores' stock was trading at $138.39 on January 1st, 2024. Since then, ROST shares have increased by 7.4% and is now trading at $148.68.
View the best growth stocks for 2024 here
.

Ross Stores, Inc. (NASDAQ:ROST) released its quarterly earnings data on Thursday, November, 21st. The apparel retailer reported $1.48 EPS for the quarter, beating the consensus estimate of $1.41 by $0.07. Ross Stores's revenue was up 3.6% compared to the same quarter last year.
Read the conference call transcript
.

Ross Stores' board authorized a share repurchase 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 repurchase up to 4.3% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.

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

Top institutional shareholders of Ross Stores include State Street Corp (4.26%), Primecap Management Co. CA (3.18%), Geode Capital Management LLC (2.46%) and FMR LLC (2.05%). 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
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ross Stores investors own include NVIDIA (NVDA), Meta Platforms (META), Salesforce (CRM), Humana (HUM), Verizon Communications (VZ), Advanced Micro Devices (AMD) and American Water Works (AWK).

Company Calendar

Ex-Dividend for 9/30 Dividend
9/10/2024
Dividend Payable
9/30/2024
Last Earnings
11/21/2024
Ex-Dividend for 12/31 Dividend
12/10/2024
Today
12/23/2024
Dividend Payable
12/31/2024
Fiscal Year End
1/31/2025

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
$171.69
High Stock Price Target
$190.00
Low Stock Price Target
$147.00
Potential Upside/Downside
+15.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
17 Analysts

Profitability

Net Income
$1.87 billion
Pretax Margin
13.10%

Debt

Sales & Book Value

Annual Sales
$21.24 billion
Cash Flow
$6.62 per share
Book Value
$15.95 per share

Miscellaneous

Free Float
323,000,000
Market Cap
$49.21 billion
Optionable
Optionable
Beta
1.10

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This page (NASDAQ:ROST) was last updated on 12/23/2024 by MarketBeat.com Staff
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