Ross Stores (NASDAQ:ROST) Upgraded at Telsey Advisory Group

Telsey Advisory Group upgraded shares of Ross Stores (NASDAQ:ROST) from a market perform rating to an outperform rating in a research note released on Wednesday morning, Marketbeat.com reports. Telsey Advisory Group currently has $240.00 price objective on the apparel retailer’s stock, up from their prior price objective of $220.00.

ROST has been the subject of a number of other research reports. The Goldman Sachs Group increased their price target on Ross Stores from $190.00 to $214.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Bank of America upped their target price on Ross Stores from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, November 21st. Robert W. Baird set a $200.00 target price on Ross Stores in a research note on Wednesday, December 17th. Sanford C. Bernstein reissued a “market perform” rating and set a $180.00 price target on shares of Ross Stores in a research report on Monday, February 23rd. Finally, UBS Group lifted their price target on shares of Ross Stores from $181.00 to $199.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 17th. Sixteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $208.29.

Ross Stores Stock Performance

Shares of ROST stock opened at $211.75 on Wednesday. Ross Stores has a 12 month low of $122.36 and a 12 month high of $216.80. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.58 and a quick ratio of 0.90. The firm has a market capitalization of $68.49 billion, a P/E ratio of 32.03, a P/E/G ratio of 2.93 and a beta of 0.97. The company’s fifty day moving average price is $193.33 and its two-hundred day moving average price is $172.00.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings data on Tuesday, March 3rd. The apparel retailer reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.10. The company had revenue of $6.64 billion during the quarter, compared to analysts’ expectations of $6.42 billion. Ross Stores had a net margin of 9.43% and a return on equity of 36.70%. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.65 EPS. On average, research analysts anticipate that Ross Stores will post 6.17 earnings per share for the current fiscal year.

Ross Stores Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be issued a $0.445 dividend. This is a boost from Ross Stores’s previous quarterly dividend of $0.41. This represents a $1.78 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, March 13th. Ross Stores’s dividend payout ratio is presently 24.51%.

Institutional Trading of Ross Stores

Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its stake in Ross Stores by 14.8% during the second quarter. Vanguard Group Inc. now owns 39,182,660 shares of the apparel retailer’s stock worth $4,998,924,000 after acquiring an additional 5,060,954 shares during the period. Norges Bank acquired a new position in Ross Stores in the fourth quarter valued at approximately $868,360,000. Holocene Advisors LP bought a new position in shares of Ross Stores during the third quarter valued at approximately $351,763,000. Marshall Wace LLP grew its holdings in shares of Ross Stores by 1,908.8% during the third quarter. Marshall Wace LLP now owns 1,816,763 shares of the apparel retailer’s stock valued at $276,857,000 after purchasing an additional 1,726,324 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of Ross Stores by 20.9% during the 2nd quarter. Bank of America Corp DE now owns 9,582,401 shares of the apparel retailer’s stock worth $1,222,523,000 after purchasing an additional 1,657,008 shares during the period. 86.86% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Ross Stores

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

• Positive Sentiment: Q4 beat, raised dividend and bigger buybacks — Ross reported $6.64B revenue and $2.00 EPS, raised the quarterly dividend ~10% and expanded buybacks by ~25%, which supports EPS accretion and shareholder returns. MarketBeat Q4 analysis
• Positive Sentiment: Strong analyst momentum — several firms upgraded or lifted targets (Citigroup to $240, Goldman to $244, Telsey upgraded, Guggenheim bullish), reinforcing upside expectations after the results. Citigroup PT raise Goldman PT raise Telsey upgrade Guggenheim note
• Positive Sentiment: Technical/long-term momentum — ROST hit a 12‑month high and has outperformed benchmarks over the past year, supporting momentum-driven flows. 12-month high report Outperformance write-up
• Neutral Sentiment: Macro/sector tailwind — the “treasure hunt” or off‑price theme (value-seeking consumers) is lifting both Ross and TJX, suggesting favorable secular demand but not guaranteed sustained outsized growth. Treasure hunt thesis
• Negative Sentiment: Profit-taking / short-term consolidation risk — shares gave back a portion of the post-earnings pop and analysts/coverage notes flag possible consolidation or a pullback toward the low‑$200s if momentum cools. Price-action risk
• Negative Sentiment: Valuation and forward pacing — ROST trades at a premium (P/E ~32, PEG ~3.1) and management’s commentary implies the back half could slow, so upside now depends on persistent comp strength and margin maintenance. Valuation/Outlook piece

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.