Ross Stores (ROST) – Research Analysts’ Recent Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of Ross Stores (NASDAQ: ROST) in the last few weeks:

• 3/5/2025 – Ross Stores had its “negative” rating reaffirmed by analysts at Wells Fargo & Company.
• 3/5/2025 – Ross Stores was given a new $150.00 price target on by analysts at Barclays PLC.
• 3/5/2025 – Ross Stores had its price target lowered by analysts at BMO Capital Markets from $168.00 to $156.00. They now have an “outperform” rating on the stock.
• 3/5/2025 – Ross Stores had its price target lowered by analysts at Evercore ISI from $175.00 to $170.00. They now have an “outperform” rating on the stock.
• 3/5/2025 – Ross Stores had its price target lowered by analysts at Robert W. Baird from $175.00 to $160.00. They now have an “outperform” rating on the stock.
• 3/5/2025 – Ross Stores had its price target lowered by analysts at UBS Group AG from $168.00 to $163.00. They now have a “neutral” rating on the stock.
• 3/5/2025 – Ross Stores had its price target lowered by analysts at Telsey Advisory Group from $175.00 to $150.00. They now have a “market perform” rating on the stock.
• 3/5/2025 – Ross Stores had its price target lowered by analysts at Wells Fargo & Company from $165.00 to $140.00. They now have an “equal weight” rating on the stock.
• 3/5/2025 – Ross Stores had its price target lowered by analysts at Morgan Stanley from $140.00 to $130.00. They now have an “equal weight” rating on the stock.
• 3/5/2025 – Ross Stores had its price target lowered by analysts at Loop Capital from $190.00 to $175.00. They now have a “buy” rating on the stock.
• 2/25/2025 – Ross Stores was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 2/24/2025 – Ross Stores had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $175.00 price target on the stock.
• 2/17/2025 – Ross Stores was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/21/2025 – Ross Stores had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $140.00 price target on the stock, down previously from $164.00.

Ross Stores Stock Performance

ROST traded up $0.97 during trading on Friday, hitting $124.27. 3,100,753 shares of the stock were exchanged, compared to its average volume of 2,386,556. The firm has a market capitalization of $41.00 billion, a P/E ratio of 19.57, a PEG ratio of 2.13 and a beta of 1.15. Ross Stores, Inc. has a 1-year low of $122.89 and a 1-year high of $163.60. The stock has a fifty day moving average price of $143.45 and a two-hundred day moving average price of $146.81. The company has a quick ratio of 0.98, a current ratio of 1.57 and a debt-to-equity ratio of 0.29.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings results on Tuesday, March 4th. The apparel retailer reported $1.79 EPS for the quarter, beating the consensus estimate of $1.65 by $0.14. The firm had revenue of $5.91 billion during the quarter, compared to the consensus estimate of $5.95 billion. Ross Stores had a net margin of 9.95% and a return on equity of 41.83%. As a group, sell-side analysts predict that Ross Stores, Inc. will post 6.17 earnings per share for the current year.

Ross Stores Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 18th will be paid a dividend of $0.405 per share. This represents a $1.62 annualized dividend and a dividend yield of 1.30%. The ex-dividend date is Tuesday, March 18th. This is a boost from Ross Stores’s previous quarterly dividend of $0.37. Ross Stores’s dividend payout ratio is 25.63%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Principal Financial Group Inc. raised its stake in shares of Ross Stores by 8.3% during the 3rd quarter. Principal Financial Group Inc. now owns 1,965,695 shares of the apparel retailer’s stock worth $295,857,000 after buying an additional 151,255 shares in the last quarter. Ashton Thomas Securities LLC purchased a new position in Ross Stores in the third quarter worth $53,000. Nations Financial Group Inc. IA ADV lifted its holdings in Ross Stores by 5.2% in the third quarter. Nations Financial Group Inc. IA ADV now owns 1,735 shares of the apparel retailer’s stock valued at $261,000 after acquiring an additional 85 shares during the period. Apollon Wealth Management LLC boosted its position in shares of Ross Stores by 5.5% during the 3rd quarter. Apollon Wealth Management LLC now owns 17,479 shares of the apparel retailer’s stock worth $2,631,000 after purchasing an additional 906 shares in the last quarter. Finally, GSA Capital Partners LLP purchased a new stake in shares of Ross Stores during the 3rd quarter worth $392,000. 86.86% of the stock is owned by hedge funds and other institutional investors.

Ross Stores, Inc, together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company’s Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd’s DISCOUNTS stores sell its products at department and discount stores for households with moderate income.