Ross Stores, Inc. (NASDAQ:ROST) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Ross Stores, Inc. (NASDAQ:ROSTGet Free Report) have earned an average recommendation of “Moderate Buy” from the twenty-one brokerages that are covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $233.1765.

A number of equities analysts have recently issued reports on ROST shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $257.00 price target on shares of Ross Stores in a research note on Friday, May 22nd. Guggenheim reiterated a “buy” rating and set a $290.00 price objective on shares of Ross Stores in a research report on Monday, April 27th. Wall Street Zen downgraded Ross Stores from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. Citigroup raised their target price on Ross Stores from $261.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ross Stores in a research note on Wednesday, April 8th.

View Our Latest Research Report on ROST

Ross Stores Stock Performance

Shares of ROST stock opened at $213.43 on Friday. Ross Stores has a 12-month low of $126.32 and a 12-month high of $242.81. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. The firm’s 50 day moving average is $225.11 and its 200 day moving average is $209.10. The stock has a market capitalization of $68.46 billion, a P/E ratio of 29.81, a P/E/G ratio of 2.40 and a beta of 0.87.

Ross Stores (NASDAQ:ROSTGet Free Report) last posted its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.29. The business had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $5.64 billion. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The firm’s revenue was up 20.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.47 EPS. Ross Stores has set its FY 2026 guidance at 7.500-7.740 EPS and its Q2 2026 guidance at 1.850-1.930 EPS. Research analysts expect that Ross Stores will post 7.74 earnings per share for the current year.

Ross Stores Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were issued a $0.445 dividend. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.8%. Ross Stores’s dividend payout ratio (DPR) is presently 24.86%.

Institutional Trading of Ross Stores

Several large investors have recently added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of Ross Stores during the 4th quarter valued at $868,360,000. Holocene Advisors LP bought a new position in Ross Stores in the 3rd quarter worth $351,763,000. Marshall Wace LLP boosted its holdings in Ross Stores by 1,908.8% in the 3rd quarter. Marshall Wace LLP now owns 1,816,763 shares of the apparel retailer’s stock worth $276,857,000 after buying an additional 1,726,324 shares during the period. Bank of America Corp DE increased its stake in Ross Stores by 20.9% in the 2nd quarter. Bank of America Corp DE now owns 9,582,401 shares of the apparel retailer’s stock worth $1,222,523,000 after buying an additional 1,657,008 shares in the last quarter. Finally, Viking Global Investors LP increased its stake in Ross Stores by 56.5% in the 4th quarter. Viking Global Investors LP now owns 3,167,479 shares of the apparel retailer’s stock worth $570,590,000 after buying an additional 1,143,611 shares in the last quarter. 86.86% of the stock is currently owned by institutional investors.

Ross Stores Company Profile

(Get Free Report)

Ross Stores, Inc (NASDAQ: ROST) is an American off‑price retailer headquartered in Dublin, California, that operates the Ross Dress for Less and dd’s DISCOUNTS store formats. The company sells a broad assortment of apparel, footwear, home fashions, accessories and other soft goods, positioning itself as a value-oriented destination for brand‑name and fashion merchandise at reduced prices.

Ross’s business model centers on opportunistic buying of excess inventory, closeouts, cancelled orders and overstocks from manufacturers, department stores and other suppliers.

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Analyst Recommendations for Ross Stores (NASDAQ:ROST)

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