Ross Stores (NASDAQ:ROST) Price Target Raised to $226.00

Ross Stores (NASDAQ:ROST) had its price objective raised by investment analysts at Guggenheim from $199.00 to $226.00 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the apparel retailer’s stock. Guggenheim’s price target indicates a potential upside of 14.35% from the company’s previous close.

ROST has been the subject of a number of other reports. Barclays boosted their price target on Ross Stores from $205.00 to $221.00 and gave the company an “overweight” rating in a report on Monday. Robert W. Baird set a $200.00 price objective on shares of Ross Stores in a report on Wednesday, December 17th. JPMorgan Chase & Co. boosted their target price on shares of Ross Stores from $215.00 to $232.00 and gave the company an “overweight” rating in a research note on Monday, February 23rd. TD Cowen restated a “buy” rating on shares of Ross Stores in a research report on Thursday, December 4th. Finally, Wells Fargo & Company lifted their price target on shares of Ross Stores from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, December 16th. Seventeen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $199.28.

Ross Stores Price Performance

Shares of ROST stock opened at $197.64 on Wednesday. The firm has a fifty day moving average of $191.34 and a two-hundred day moving average of $170.94. The firm has a market cap of $63.93 billion, a P/E ratio of 30.88, a P/E/G ratio of 3.52 and a beta of 0.97. Ross Stores has a 1-year low of $122.36 and a 1-year high of $206.40. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.52 and a quick ratio of 0.90.

Ross Stores (NASDAQ:ROST) last issued its quarterly earnings results on Tuesday, March 3rd. The apparel retailer reported $2.00 EPS for the quarter, topping the consensus estimate of $1.90 by $0.10. The business had revenue of $6.64 billion for the quarter, compared to analysts’ expectations of $6.42 billion. Ross Stores had a net margin of 9.47% and a return on equity of 36.75%. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the company posted $1.65 earnings per share. As a group, research analysts anticipate that Ross Stores will post 6.17 earnings per share for the current fiscal year.

Institutional Trading of Ross Stores

A number of large investors have recently modified their holdings of the company. Aspect Partners LLC boosted its stake in Ross Stores by 251.7% during the 2nd quarter. Aspect Partners LLC now owns 204 shares of the apparel retailer’s stock valued at $26,000 after purchasing an additional 146 shares during the period. American National Bank & Trust bought a new stake in shares of Ross Stores during the third quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Ross Stores by 7,000.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock valued at $26,000 after buying an additional 140 shares during the last quarter. Hilton Head Capital Partners LLC acquired a new position in shares of Ross Stores during the fourth quarter worth approximately $26,000. Finally, Grey Fox Wealth Advisors LLC acquired a new position in shares of Ross Stores during the third quarter worth approximately $29,000. Institutional investors and hedge funds own 86.86% of the company’s stock.

Key Ross Stores News

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

• Positive Sentiment: Beat on Q4 results — Ross reported Q4 EPS of $2.00 and revenue of $6.64B, topping estimates and showing 12% revenue growth and a 9% comparable‑store sales gain. This drove upbeat commentary about a strong holiday and spring start. MarketBeat: Ross Q4 Results
• Positive Sentiment: Raised full‑year guidance — Ross updated FY26 EPS to $7.02–7.36 vs. consensus ~6.76, and provided Q1 EPS guidance roughly in line with estimates; management also announced a new two‑year repurchase authorization and a 10% dividend increase. These items support longer‑term earnings and capital‑returns expectations. PR Newswire: Ross Press Release
• Positive Sentiment: Market share and traffic momentum — Coverage highlights Ross’s ability to pull shoppers from mainstream retailers and describes a “very strong” start to spring, supporting upside to same‑store sales and margins. PYMNTS: Market Share Gain
• Neutral Sentiment: Analyst price‑target upgrades — Barclays raised its price target to $221 and kept an overweight view, indicating analyst conviction on the stock’s longer‑term upside even as near‑term volatility persists. Benzinga: Barclays PT Raise
• Neutral Sentiment: Full earnings detail and call transcripts available — Investors can review the earnings call and transcripts for color on inventory, margin outlook and promotional strategy to judge sustainability of current tailwinds. Seeking Alpha: Earnings Call Transcript
• Negative Sentiment: Analyst downgrade and profit‑taking — Zacks cut Ross from “strong‑buy” to “hold,” which can prompt short‑term selling; combined with recent run‑up to near‑year‑high levels, investors are taking profits. Zacks: Rating Change
• Negative Sentiment: Broader market weakness — Pre‑market/futures softness and mixed macro sentiment reduced appetite for retail cyclicals today, muting some of the positive reaction to Ross’s report. Benzinga: Stocks to Watch

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.