Ross Stores, Inc. (NASDAQ:ROST) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Ross Stores, Inc. (NASDAQ:ROST) have earned an average rating of “Moderate Buy” from the twenty-one ratings firms that are covering the firm, MarketBeat.com reports. Five equities research 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 target among analysts that have issued a report on the stock in the last year is $233.1765.

ROST has been the subject of several recent research reports. The Goldman Sachs Group reissued a “buy” rating and issued a $270.00 price target on shares of Ross Stores in a research report on Friday, May 22nd. Truist Financial lifted their price objective on Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Citigroup upped their target price on shares of Ross Stores from $261.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Telsey Advisory Group raised their target price on shares of Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Ross Stores in a report on Monday, July 6th.

Ross Stores Trading Up 1.0%

Shares of NASDAQ ROST traded up $2.28 during trading on Friday, reaching $222.88. The stock had a trading volume of 2,278,960 shares, compared to its average volume of 3,152,871. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54. The company has a market cap of $71.50 billion, a P/E ratio of 31.13, a PEG ratio of 2.50 and a beta of 0.87. Ross Stores has a fifty-two week low of $126.32 and a fifty-two week high of $242.81. The business’s 50-day moving average price is $224.25 and its 200-day moving average price is $210.31.

Ross Stores (NASDAQ:ROST) last posted its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.29. The firm had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.Ross Stores’s revenue was up 20.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.47 EPS. 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. On average, equities research analysts predict that Ross Stores will post 7.74 EPS for the current fiscal year.

Ross Stores Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were given a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, June 9th. Ross Stores’s payout ratio is 24.86%.

Hedge Funds Weigh In On Ross Stores

Several large investors have recently bought and sold shares of ROST. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of 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 worth $26,000 after acquiring an additional 140 shares in the last quarter. Hilton Head Capital Partners LLC purchased a new position in shares of Ross Stores in the 4th quarter valued at about $26,000. Bard Associates Inc. acquired a new stake in shares of Ross Stores during the 4th quarter worth about $31,000. City Holding Co. raised its position in shares of Ross Stores by 1,080.0% during the 4th quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock worth $32,000 after acquiring an additional 162 shares in the last quarter. Finally, Virtus Advisers LLC acquired a new stake in shares of Ross Stores during the 4th quarter worth about $32,000. Hedge funds and other institutional investors own 86.86% of the company’s stock.

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.