Analysts Set Ross Stores, Inc. (NASDAQ:ROST) PT at $233.18

Ross Stores, Inc. (NASDAQ:ROST) has been assigned an average rating of “Moderate Buy” from the twenty-one ratings firms that are currently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $233.1765.

Several brokerages recently issued reports on ROST. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $257.00 target price on shares of Ross Stores in a research report on Friday, May 22nd. The Goldman Sachs Group reiterated a “buy” rating and issued a $270.00 price target on shares of Ross Stores in a research report on Friday, May 22nd. Barclays increased their price target on Ross Stores from $242.00 to $260.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Telsey Advisory Group raised their price objective on Ross Stores from $240.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, May 22nd. Finally, Guggenheim reaffirmed a “buy” rating and issued a $290.00 price objective on shares of Ross Stores in a research note on Monday, April 27th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Cooper Financial Group increased its position in shares of Ross Stores by 2.8% during the second quarter. Cooper Financial Group now owns 1,919 shares of the apparel retailer’s stock worth $409,000 after buying an additional 52 shares during the period. Independent Advisor Alliance lifted its holdings in Ross Stores by 1.7% in the fourth quarter. Independent Advisor Alliance now owns 3,309 shares of the apparel retailer’s stock valued at $596,000 after buying an additional 55 shares during the period. CYBER HORNET ETFs LLC boosted its position in Ross Stores by 6.1% during the fourth quarter. CYBER HORNET ETFs LLC now owns 954 shares of the apparel retailer’s stock valued at $172,000 after acquiring an additional 55 shares during the last quarter. Florida Trust Wealth Management Co boosted its position in Ross Stores by 1.7% during the fourth quarter. Florida Trust Wealth Management Co now owns 3,399 shares of the apparel retailer’s stock valued at $612,000 after acquiring an additional 56 shares during the last quarter. Finally, MCF Advisors LLC grew its holdings in Ross Stores by 4.6% during the 4th quarter. MCF Advisors LLC now owns 1,292 shares of the apparel retailer’s stock worth $233,000 after acquiring an additional 57 shares during the period. Institutional investors and hedge funds own 86.86% of the company’s stock.

Ross Stores Trading Down 0.6%

Shares of NASDAQ ROST opened at $251.07 on Thursday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54. Ross Stores has a 52-week low of $134.37 and a 52-week high of $255.30. The firm has a 50 day moving average price of $229.56 and a two-hundred day moving average price of $216.00. The stock has a market cap of $80.54 billion, a P/E ratio of 35.07, a price-to-earnings-growth ratio of 2.82 and a beta of 0.87.

Ross Stores (NASDAQ:ROST) last issued its quarterly 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 company had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. Ross Stores’s revenue was up 20.6% compared to the same quarter last year. During the same quarter in the previous 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. As a group, equities analysts forecast that Ross Stores will post 7.74 EPS for the current year.

Ross Stores Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were given a dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, June 9th. Ross Stores’s dividend payout ratio is currently 24.86%.

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.