Free Trial
NASDAQ:ROST

Ross Stores (ROST) Stock Price, News & Analysis

Ross Stores logo
$141.13 -1.23 (-0.86%)
(As of 02:44 PM ET)

About Ross Stores Stock (NASDAQ:ROST)

Key Stats

Today's Range
$139.60
$142.10
50-Day Range
$138.59
$155.25
52-Week Range
$119.73
$163.60
Volume
1.95 million shs
Average Volume
2.25 million shs
Market Capitalization
$46.82 billion
P/E Ratio
22.76
Dividend Yield
1.04%
Price Target
$170.63
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
96th Percentile Overall Score

ROST MarketRank™: 

Ross Stores scored higher than 96% of companies evaluated by MarketBeat, and ranked 16th out of 217 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 11 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 6.94% in the coming year, from $6.20 to $6.63 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ross Stores is 22.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.21.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ross Stores is 22.76, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 133.89.

  • Price to Earnings Growth Ratio

    Ross Stores has a PEG Ratio of 2.33. 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 9.75. 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.
  • Percentage of Shares Shorted

    1.45% 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 2, 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 0.86%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Ross Stores pays a meaningful dividend of 1.03%, higher than 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 23.71%. 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 22.17% 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

    1.45% 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 2, 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 0.86%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Ross Stores has a news sentiment score of 1.18. 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 0.59 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 20 news articles for Ross Stores this week, compared to 12 articles on an average week.
  • Search Interest

    10 people have searched for ROST on MarketBeat in the last 30 days. This is an increase of 11% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added Ross Stores to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In 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 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.
Receive ROST Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ross Stores and its competitors with MarketBeat's FREE daily newsletter.

ROST Stock News Headlines

June 29, 2020, Brazil. In this photo illustration the Ross Stores logo seen displayed on a smartphone - Stock Editorial Photography
Ross Stores Positioned to Shine in the Holiday Shopping Season
In Q2 of 2024, Ross's revenue increased to $10.1 billion year-to-date (YTD), up from $9.4 billion in the first half of 2023, with comparable sales up 3% YoY.
Morgan Stanley Sticks to Their Buy Rating for Ross Stores (ROST)
Amazon's $150B Data Center Bet—What It Means for Uranium Investors
Amazon is placing a massive bet on nuclear energy to power its $150 billion data center expansion. With demand for electricity skyrocketing from data centers, AI, and emerging tech, Amazon recognizes nuclear power as the only viable solution to meet its needs sustainably and at scale. But here's the critical catch: nuclear power requires uranium, and the global supply is struggling to keep up.
3 Apparel Stocks to Buy as Retail Rebounds
See More Headlines

ROST Stock Analysis - Frequently Asked Questions

Ross Stores' stock was trading at $138.39 at the beginning of 2024. Since then, ROST stock has increased by 2.0% and is now trading at $141.13.
View the best growth stocks for 2024 here
.

Ross Stores, Inc. (NASDAQ:ROST) posted its quarterly earnings results on Thursday, August, 22nd. The apparel retailer reported $1.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.50 by $0.09. The firm's quarterly revenue was up 7.1% compared to the same quarter last year.
Read the conference call transcript
.

Ross Stores' Board of Directors approved a share repurchase program on Tuesday, March 5th 2024, which allows the company to repurchase $2,100,000,000 in shares, according to EventVestor. This means that the company could purchase up to 4.3% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's management believes its shares are undervalued.

The following companies are subsidiaries of Ross Stores: 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 Primecap Management Co. CA (3.18%), Massachusetts Financial Services Co. MA (1.21%), Victory Capital Management Inc. (1.04%) and Principal Financial Group Inc. (0.59%). 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

Last Earnings
8/22/2024
Ex-Dividend for 9/30 Dividend
9/10/2024
Dividend Payable
9/30/2024
Today
11/12/2024
Next Earnings (Confirmed)
11/21/2024
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
$170.63
High Stock Price Target
$190.00
Low Stock Price Target
$147.00
Potential Upside/Downside
+21.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
17 Analysts

Profitability

Net Income
$1.87 billion
Pretax Margin
12.94%

Debt

Sales & Book Value

Annual Sales
$21.09 billion
Cash Flow
$6.68 per share
Book Value
$14.47 per share

Miscellaneous

Free Float
324,795,000
Market Cap
$46.66 billion
Optionable
Optionable
Beta
1.09

Social Links

7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

This page (NASDAQ:ROST) was last updated on 11/12/2024 by MarketBeat.com Staff
From Our Partners