Ross Stores (ROST)

• Market cap: $45.7B
• 1 day: -1.26%
• 5 days: 1.39%
• 1 month: 8.77%
• 3 months: -9.10%
• 6 months: -0.42%
• Year to date: -8.91%
• 1 year: 7.29%
• 5 years: 52.15%
• 10 years: 181.15%
• Sector: Consumer Discretionary
• Industry: Apparel Retail

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 company 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 1,800 Ross Dress for Less stores are primarily located in densely populated suburban communities and typically serve middle-income consumers. Ross also operates about 350 DD's Discounts chains targeting lower-income shoppers.

Employees: 107,000

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

65% more first-time investments, than exits

New positions opened: 153 | Existing positions closed: 93

18% more funds holding in top 10

Funds holding in top 10: 17 [Q3] → 20 (+3) [Q4]

5% more capital invested

Capital invested by funds: $43B [Q3] → $45.2B (+$2.15B) [Q4]

4.16% more ownership

Funds ownership: 86.31% [Q3] → 90.48% (+4.16%) [Q4]

4% more funds holding

Funds holding: 1,033 [Q3] → 1,071 (+38) [Q4]

11% less repeat investments, than reductions

Existing positions increased: 358 | Existing positions reduced: 404

32% less call options, than puts

Call options by funds: $413M | Put options by funds: $610M

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $130 6% downside
• Avg. target: $156 12% upside
• High target: $175 26% upside

10 analyst ratings

• positive: 7 70%
• neutral: 3 30%
• negative: 0 0%

JP Morgan Matthew Boss 43% 1-year accuracy 35 / 81 met price target	16% upside $161	Overweight Maintained	14 Apr 2025
Wells Fargo Ike Boruchow 37% 1-year accuracy 22 / 60 met price target	8% upside $150	Overweight Upgraded	8 Apr 2025
Citigroup Paul Lejuez 43% 1-year accuracy 21 / 49 met price target	5% upside $146	Buy Upgraded	3 Apr 2025
UBS Jay Sole 33% 1-year accuracy 20 / 61 met price target	17% upside $163	Neutral Maintained	5 Mar 2025
Loop Capital Laura Champine 50% 1-year accuracy 14 / 28 met price target	26% upside $175	Buy Maintained	5 Mar 2025