ROST stock icon

Ross Stores
ROST

$140.91
0.14%

Market Cap: 47B

 

About: Ross Stores operates as an off-price apparel and accessories retailer with the majority of its sales derived from its Ross Dress for Less banner. The firm opportunistically procures excess brand-name merchandise made available via manufacturing overruns and retail liquidation sales at a 20%-60% discount to full prices. As such, its stores are often filled with a vast array of stock-keeping units, each with minimal product depth that creates a treasure hunt shopping experience. The firm's more than 1,750 Ross Dress for Less stores are primarily located in densely populated suburban communities and typically serve middle-income consumers. Ross also operates nearly 350 DD's Discounts chains targeting lower-income shoppers.

Employees: 101,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 26 analysts
0
News positive %
of 18 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

58% more first-time investments, than exits

New positions opened: 117 | Existing positions closed: 74

12% more funds holding in top 10

Funds holding in top 10: 25 [Q4 2023] → 28 (+3) [Q1 2024]

5% more funds holding

Funds holding: 949 [Q4 2023] → 992 (+43) [Q1 2024]

8% more call options, than puts

Call options by funds: $352M | Put options by funds: $326M

3% more capital invested

Capital invested by funds: $40.4B [Q4 2023] → $41.7B (+$1.36B) [Q1 2024]

2.2% less ownership

Funds ownership: 86.86% [Q4 2023] → 84.66% (-2.2%) [Q1 2024]

12% less repeat investments, than reductions

Existing positions increased: 329 | Existing positions reduced: 372

Research analyst outlook

26 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$142
1%
upside
Avg. target
$161
15%
upside
High target
$176
25%
upside

26 analyst ratings

18 positive
69%
neutral
31%
negative
0%
Telsey Advisory Group
Dana Telsey
14%upside
$160
Market Perform
Maintained
14 Jun 2024
Guggenheim
Robert Drbul
21%upside
$170
Buy
Maintained
24 May 2024
Barclays
Adrienne Yih
17%upside
$165
Overweight
Maintained
24 May 2024
Wells Fargo
Ike Boruchow
14%upside
$160
Overweight
Maintained
24 May 2024
UBS
Jay Sole
4%upside
$147
Neutral
Maintained
24 May 2024

Financial journalist opinion

Based on 18 articles about ROST published over the past 30 days