Brokerages Set Ross Stores, Inc. (NASDAQ:ROST) Target Price at $233.18

Shares of Ross Stores, Inc. (NASDAQ:ROST) have been given a consensus recommendation of “Moderate Buy” by the twenty-one ratings firms that are covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation, fifteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $233.1765.

A number of analysts have recently weighed in on ROST shares. Wells Fargo & Company lowered Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 target price for the company. in a research note on Tuesday, June 23rd. Barclays increased their price objective on shares of Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. Zacks Research raised shares of Ross Stores from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 22nd. UBS Group reiterated a “neutral” rating on shares of Ross Stores in a research report on Wednesday, June 10th. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $230.00 price target on shares of Ross Stores in a report on Friday, May 22nd.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. 55 North Private Wealth LLC boosted its stake in Ross Stores by 35.3% in the second quarter. 55 North Private Wealth LLC now owns 1,415 shares of the apparel retailer’s stock valued at $301,000 after acquiring an additional 369 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Ross Stores by 8.0% during the second quarter. GAMMA Investing LLC now owns 10,078 shares of the apparel retailer’s stock worth $2,145,000 after purchasing an additional 744 shares during the period. Central Pacific Bank Trust Division increased its holdings in Ross Stores by 1.9% in the second quarter. Central Pacific Bank Trust Division now owns 10,875 shares of the apparel retailer’s stock valued at $2,315,000 after purchasing an additional 204 shares during the last quarter. Canandaigua National Bank & Trust Co. acquired a new position in Ross Stores in the second quarter valued at about $621,000. Finally, Pacific Excel Wealth Advisors Inc. bought a new position in Ross Stores during the second quarter worth about $250,000. 86.86% of the stock is currently owned by institutional investors and hedge funds.

Ross Stores Stock Up 1.6%

Shares of ROST opened at $214.67 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12. The company has a 50-day moving average price of $224.56 and a two-hundred day moving average price of $209.70. The stock has a market cap of $68.86 billion, a price-to-earnings ratio of 29.98, a P/E/G ratio of 2.37 and a beta of 0.87. Ross Stores has a 12 month low of $126.32 and a 12 month high of $242.81.

Ross Stores (NASDAQ:ROST) last issued its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.73 by $0.29. The company had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The business’s revenue was up 20.6% on a year-over-year basis. During the same period last year, the business earned $1.47 earnings per share. 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. Equities analysts predict that Ross Stores will post 7.74 EPS for the current fiscal year.

Ross Stores Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were given a dividend of $0.445 per share. The ex-dividend date was Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.8%. Ross Stores’s payout ratio is presently 24.86%.

Ross Stores Company Profile

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.