Ross Stores, Inc. (NASDAQ:ROST – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the twenty-one analysts that are covering the stock, Marketbeat reports. Five analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $233.1765.
Several brokerages have commented on ROST. Wall Street Zen downgraded Ross Stores from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $257.00 price target on shares of Ross Stores in a research report on Friday, May 22nd. Sanford C. Bernstein reiterated a “market perform” rating and set a $230.00 price objective on shares of Ross Stores in a research report on Friday, May 22nd. Guggenheim reiterated a “buy” rating and issued a $290.00 target price on shares of Ross Stores in a report on Monday, April 27th. Finally, Telsey Advisory Group lifted their price target on shares of Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, May 22nd.
Check Out Our Latest Stock Report on ROST
Ross Stores Stock Up 1.3%
Ross Stores (NASDAQ:ROST – Get Free Report) last issued its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $0.29. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The company had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the prior year, the firm posted $1.47 EPS. The firm’s quarterly revenue was up 20.6% on a year-over-year basis. 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. Sell-side analysts forecast that Ross Stores will post 7.74 earnings per share for the current fiscal year.
Ross Stores Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were issued a dividend of $0.445 per share. The ex-dividend date was Tuesday, June 9th. This represents a $1.78 annualized dividend and a yield of 0.8%. Ross Stores’s dividend payout ratio is presently 24.86%.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the stock. Fulton Bank N.A. lifted its position in shares of Ross Stores by 8.3% during the second quarter. Fulton Bank N.A. now owns 1,657 shares of the apparel retailer’s stock valued at $353,000 after purchasing an additional 127 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Ross Stores by 19.4% during the 2nd quarter. Revolve Wealth Partners LLC now owns 1,238 shares of the apparel retailer’s stock valued at $264,000 after buying an additional 201 shares during the last quarter. Allied Private Wealth LLC bought a new position in Ross Stores during the second quarter worth about $57,000. Sax Wealth Advisors LLC boosted its holdings in Ross Stores by 3.3% in the 2nd quarter. Sax Wealth Advisors LLC now owns 2,024 shares of the apparel retailer’s stock worth $439,000 after buying an additional 64 shares during the period. Finally, Everpar Advisors LLC grew its position in shares of Ross Stores by 18.8% in the second quarter. Everpar Advisors LLC now owns 1,137 shares of the apparel retailer’s stock valued at $242,000 after purchasing an additional 180 shares in the last quarter. Institutional investors own 86.86% of the company’s stock.
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.
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