Ross Stores, Inc. (ROST)
NASDAQ: ROST · IEX Real-Time Price · USD
143.50
-1.00 (-0.69%)
At close: Jul 19, 2024, 4:00 PM
144.67
+1.17 (0.82%)
Pre-market: Jul 22, 2024, 4:30 AM EDT
Ross Stores Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Ross Stores stock have an average target of 158.78, with a low estimate of 135 and a high estimate of 176. The average target predicts an increase of 10.65% from the current stock price of 143.50.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 14, 2024.
Analyst Ratings
The average analyst rating for Ross Stores stock from 18 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 7 | 7 | 7 |
| Buy | 8 | 9 | 9 | 8 | 8 | 8 |
| Hold | 3 | 4 | 4 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 19 | 19 | 19 | 19 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $160 | Hold | Maintains | $160 | +11.50% | Jun 14, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $165 → $170 | Strong Buy | Maintains | $165 → $170 | +18.47% | May 24, 2024 |
| Barclays | Barclays | Buy Maintains $163 → $165 | Buy | Maintains | $163 → $165 | +14.98% | May 24, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $150 → $160 | Buy | Maintains | $150 → $160 | +11.50% | May 24, 2024 |
| UBS | UBS | Hold Maintains $145 → $147 | Hold | Maintains | $145 → $147 | +2.44% | May 24, 2024 |
Financial Forecast
Revenue This Year
21.64B
from 20.38B
Increased by 6.18%
Revenue Next Year
22.88B
from 21.64B
Increased by 5.77%
EPS This Year
6.13
from 5.56
Increased by 10.28%
EPS Next Year
6.72
from 6.13
Increased by 9.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.5B | 24.0B | 25.8B | 27.8B | 30.0B |
| Avg | 21.6B | 22.9B | 24.3B | 26.1B | 27.6B |
| Low | 20.0B | 20.9B | 22.8B | 24.4B | 25.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.6% | 10.9% | 12.6% | 14.5% | 15.2% |
| Avg | 6.2% | 5.8% | 6.1% | 7.3% | 5.9% |
| Low | -2.0% | -3.4% | -0.5% | 0.6% | -1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.49 | 7.48 | 8.09 | 9.21 | 10.63 |
| Avg | 6.13 | 6.72 | 7.45 | 8.49 | 9.56 |
| Low | 5.76 | 6.05 | 6.56 | 7.88 | 8.77 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.7% | 22.1% | 20.3% | 23.7% | 25.1% |
| Avg | 10.3% | 9.6% | 10.8% | 14.0% | 12.6% |
| Low | 3.6% | -1.4% | -2.4% | 5.8% | 3.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.