Analysts Set Ross Stores, Inc. (NASDAQ:ROST) Target Price at $213.29

Shares of Ross Stores, Inc. (NASDAQ:ROST) have earned an average rating of “Moderate Buy” from the twenty-one brokerages that are presently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $230.8824.

Several brokerages recently weighed in on ROST. Weiss Ratings restated a “buy (b)” rating on shares of Ross Stores in a research note on Wednesday, April 8th. JPMorgan Chase & Co. boosted their target price on Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Guggenheim restated a “buy” rating and set a $290.00 target price on shares of Ross Stores in a research note on Monday, April 27th. The Goldman Sachs Group restated a “buy” rating and set a $270.00 target price on shares of Ross Stores in a research note on Friday. Finally, Citigroup boosted their target price on Ross Stores from $261.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday.

Ross Stores News Roundup

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

• Positive Sentiment: Ross Stores reported Q1 EPS of $2.02, easily topping estimates, while revenue of $6.01 billion also exceeded forecasts; same-store sales jumped 17% and revenue rose 20.6% year over year. Ross Stores Reports Robust First Quarter Sales and Earnings Results, Significantly Exceeding Guidance
• Positive Sentiment: The company raised full-year EPS guidance to $7.50-$7.74 and increased its comparable-sales outlook to 6%-7%, signaling continued momentum after a strong quarter. Ross Stores Lifts Outlook as Sales Jump
• Positive Sentiment: Analysts turned more bullish after the beat, with Citigroup lifting its price target to $270 and other firms raising forecasts, reinforcing the post-earnings rally. These Analysts Boost Their Forecasts On Ross Stores After Better-Than-Expected Q1 Results
• Positive Sentiment: Multiple market commentaries highlighted Ross Stores as a beneficiary of consumer demand for value and noted the stock hitting a 52-week high after the earnings release. Why Ross Stores Stock Climbed Today

Ross Stores Trading Up 8.1%

ROST opened at $234.81 on Friday. The firm has a market cap of $75.64 billion, a price-to-earnings ratio of 32.79, a PEG ratio of 2.87 and a beta of 0.87. The company has a current ratio of 1.58, a quick ratio of 1.04 and a debt-to-equity ratio of 0.16. Ross Stores has a 12 month low of $124.49 and a 12 month high of $235.80. The stock has a fifty day moving average price of $219.06 and a 200-day moving average price of $197.05.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, topping the consensus estimate of $1.73 by $0.29. Ross Stores had a return on equity of 39.02% and a net margin of 9.74%.The firm had revenue of $6.01 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same period in the previous year, the company posted $1.47 EPS. The business’s revenue for the quarter was up 20.6% compared to the same quarter last year. 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 research analysts anticipate that Ross Stores will post 7.37 earnings per share for the current fiscal year.

Ross Stores Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be paid a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a yield of 0.8%. The ex-dividend date is Tuesday, June 9th. Ross Stores’s payout ratio is 26.93%.

Insider Buying and Selling

In related news, Director Patricia H. Mueller sold 1,881 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $213.13, for a total transaction of $400,897.53. Following the transaction, the director directly owned 2,159 shares in the company, valued at $460,147.67. The trade was a 46.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Michael J. Hartshorn sold 15,813 shares of the business’s stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $214.91, for a total value of $3,398,371.83. Following the transaction, the chief operating officer owned 116,028 shares in the company, valued at approximately $24,935,577.48. This trade represents a 11.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 25,756 shares of company stock worth $5,521,004 in the last ninety days. 2.10% of the stock is owned by insiders.

Institutional Trading of Ross Stores

Several large investors have recently added to or reduced their stakes in ROST. Thurston Springer Miller Herd & Titak Inc. grew its stake in Ross Stores by 7,000.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock valued at $26,000 after purchasing an additional 140 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new stake in Ross Stores during the 4th quarter valued at about $26,000. Grey Fox Wealth Advisors LLC purchased a new stake in Ross Stores during the 3rd quarter valued at about $29,000. Bard Associates Inc. purchased a new stake in Ross Stores during the 4th quarter valued at about $31,000. Finally, City Holding Co. grew its stake in Ross Stores by 1,080.0% during the 4th quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock valued at $32,000 after purchasing an additional 162 shares during the last quarter. Hedge funds and other 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.