Ross Stores, Inc. (ROST)
NASDAQ: ROST · IEX Real-Time Price · USD
134.15
+2.00 (1.51%)
Apr 26, 2024, 10:49 AM EDT - Market open

Ross Stores Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for Ross Stores stock have an average target of 154.95, with a low estimate of 112 and a high estimate of 172. The average target predicts an increase of 15.51% from the current stock price of 134.15.

Analyst Consensus: Buy
Target Low Average Median High
Price $112 $154.95 $162 $172
Change -16.51% +15.51% +20.76% +28.21%
* Price targets were last updated on Mar 6, 2024.

Analyst Ratings

The average analyst rating for Ross Stores stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 755566
Buy 888899
Hold 222344
Sell 000000
Strong Sell 111000
Total 181616161919

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Loop Capital
Loop Capital
Strong Buy
Maintains
$150$170
Strong Buy Maintains $150$170 +26.72% Mar 6, 2024
UBS
UBS
Hold
Maintains
$142$145
Hold Maintains $142$145 +8.09% Mar 6, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$155$161
Buy Maintains $155$161 +20.01% Mar 6, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$143$163
Strong Buy Maintains $143$163 +21.51% Mar 6, 2024
BMO Capital
BMO Capital
Buy
Maintains
$138$165
Buy Maintains $138$165 +23.00% Mar 6, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
21.67B
from 20.38B
Increased by 6.35%
Revenue Next Year
22.95B
from 21.67B
Increased by 5.88%
EPS This Year
6.06
from 5.56
Increased by 8.99%
EPS Next Year
6.69
from 6.06
Increased by 10.37%
Year 2019202020212022202320242025202620272028
Revenue
16.04B12.53B18.92B18.70B20.38B21.67B22.95B24.43B25.91B26.88B
Revenue Growth
7.04%-21.87%50.95%-1.17%8.99%6.35%5.88%6.46%6.08%3.74%
EPS
4.600.244.874.385.566.066.697.348.629.32
EPS Growth
7.98%-94.78%1,929.17%-10.06%26.94%8.99%10.37%9.80%17.32%8.21%
No. Analysts -----25241353
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 22.5B 24.0B 25.7B 28.0B 27.7B
Avg 21.7B 22.9B 24.4B 25.9B 26.9B
Low 20.6B 21.7B 22.9B 24.1B 25.8B

Revenue Growth

Revenue Growth 20242025202620272028
High
10.4%
10.7%
12.0%
14.4%
6.8%
Avg
6.4%
5.9%
6.5%
6.1%
3.7%
Low
1.1%
0.1%
-0.3%
-1.2%
-0.3%

EPS Forecast

EPS 20242025202620272028
High 6.48 7.44 8.01 9.50 9.60
Avg 6.06 6.69 7.34 8.62 9.32
Low 5.68 6.13 6.47 7.93 8.96

EPS Growth

EPS Growth 20242025202620272028
High
16.5%
22.7%
19.8%
29.4%
11.4%
Avg
9.0%
10.4%
9.8%
17.3%
8.2%
Low
2.2%
1.1%
-3.3%
8.0%
4.0%
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.