Analyst Ratings for Ross Stores Inc. (ROST)

Updated: 2017-07-28

Analysts covering Ross Stores Inc. (NASDAQ:ROST) have given it a consensus rating of Overweight. Last month, ROST received an average rating of Overweight.

A buy rating was issued by 16 analysts, 1 gave an overweight rating, 9 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Several price targets were given for ROST by the analysts covering the stock. The most optimistic price target was 80, implying a possible profit of 45.8 percent. The most pessimistic price target was 63, implying a possible loss of 14.82 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -1.29 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.48 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

ROST has an estimated earnings growth rate of 7.43 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. ROST has a PEG ratio of 2.53.

In the last 52-weeks, ROST has achieved a high of 69.81 and a low of 52.91. Currently the stock is 3.7 percent higher than its low, and 21.4 percent lower than its 52-week high. ROST has a price/earnings ratio of 18.79. Investors typically compare the P/E ratio to a company's peers in the industry. The ROST value stock report compares ROST to some of its peers using value stock charts. The market cap of ROST is $21.45 billion. ROST will post this quarters earnings in days, on 0000-00-00.