Ross Stores (NASDAQ:ROST) Stock Rating Upgraded by Telsey Advisory Group

Ross Stores (NASDAQ:ROST) was upgraded by analysts at Telsey Advisory Group from a “market perform” rating to an “outperform” rating in a research note issued to investors on Wednesday, MarketBeat reports. The firm currently has a $240.00 price target on the apparel retailer’s stock, up from their prior price target of $220.00. Telsey Advisory Group’s target price suggests a potential upside of 21.43% from the company’s previous close.

A number of other brokerages have also issued reports on ROST. Deutsche Bank Aktiengesellschaft set a $221.00 price target on shares of Ross Stores in a research note on Thursday, January 8th. UBS Group upped their target price on Ross Stores from $181.00 to $199.00 and gave the company a “neutral” rating in a research report on Tuesday, February 17th. Evercore raised their target price on Ross Stores from $175.00 to $195.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Barclays boosted their price target on Ross Stores from $205.00 to $221.00 and gave the company an “overweight” rating in a research note on Monday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Ross Stores in a report on Friday, January 9th. Seventeen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $199.28.

Ross Stores Trading Down 2.3%

NASDAQ:ROST opened at $197.64 on Wednesday. The stock has a market capitalization of $63.93 billion, a price-to-earnings ratio of 30.88, a PEG ratio of 3.52 and a beta of 0.97. Ross Stores has a 52 week low of $122.36 and a 52 week high of $206.40. The company has a quick ratio of 0.90, a current ratio of 1.52 and a debt-to-equity ratio of 0.17. The firm has a 50 day moving average of $191.34 and a 200 day moving average of $170.94.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings results on Tuesday, March 3rd. The apparel retailer reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.10. The business had revenue of $6.64 billion for the quarter, compared to analyst estimates of $6.42 billion. Ross Stores had a net margin of 9.47% and a return on equity of 36.75%. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.65 earnings per share. As a group, sell-side analysts anticipate that Ross Stores will post 6.17 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Ross Stores

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Ross Stores by 7,000.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock valued at $26,000 after buying an additional 140 shares during the period. Hilton Head Capital Partners LLC purchased a new position in Ross Stores during the fourth quarter valued at approximately $26,000. American National Bank & Trust acquired a new position in Ross Stores in the third quarter valued at approximately $26,000. Bard Associates Inc. acquired a new position in Ross Stores in the fourth quarter valued at approximately $31,000. Finally, City Holding Co. boosted its position in Ross Stores by 1,080.0% in the 4th quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock worth $32,000 after purchasing an additional 162 shares in the last quarter. 86.86% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Ross Stores

Here are the key news stories impacting Ross Stores this week:

• Positive Sentiment: Beat on Q4 results — Ross reported Q4 EPS of $2.00 and revenue of $6.64B, topping estimates and showing 12% revenue growth and a 9% comparable‑store sales gain. This drove upbeat commentary about a strong holiday and spring start. MarketBeat: Ross Q4 Results
• Positive Sentiment: Raised full‑year guidance — Ross updated FY26 EPS to $7.02–7.36 vs. consensus ~6.76, and provided Q1 EPS guidance roughly in line with estimates; management also announced a new two‑year repurchase authorization and a 10% dividend increase. These items support longer‑term earnings and capital‑returns expectations. PR Newswire: Ross Press Release
• Positive Sentiment: Market share and traffic momentum — Coverage highlights Ross’s ability to pull shoppers from mainstream retailers and describes a “very strong” start to spring, supporting upside to same‑store sales and margins. PYMNTS: Market Share Gain
• Neutral Sentiment: Analyst price‑target upgrades — Barclays raised its price target to $221 and kept an overweight view, indicating analyst conviction on the stock’s longer‑term upside even as near‑term volatility persists. Benzinga: Barclays PT Raise
• Neutral Sentiment: Full earnings detail and call transcripts available — Investors can review the earnings call and transcripts for color on inventory, margin outlook and promotional strategy to judge sustainability of current tailwinds. Seeking Alpha: Earnings Call Transcript
• Negative Sentiment: Analyst downgrade and profit‑taking — Zacks cut Ross from “strong‑buy” to “hold,” which can prompt short‑term selling; combined with recent run‑up to near‑year‑high levels, investors are taking profits. Zacks: Rating Change
• Negative Sentiment: Broader market weakness — Pre‑market/futures softness and mixed macro sentiment reduced appetite for retail cyclicals today, muting some of the positive reaction to Ross’s report. Benzinga: Stocks to Watch

About Ross Stores

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.