Zacks Rating on Ross Stores (ROST)

Ross Stores (ROST) : 21 analysts are covering Ross Stores (ROST) and their average rating on the stock is 2.14, which is read as a Buy. 11 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 8 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Ross Stores (ROST) : The consensus price target for Ross Stores (ROST) is $61.24 for the short term with a standard deviation of $9.33. The most optimist securities analyst among the 17 who monitor the stock believes that the stock can reach $75, however, the pessimist price target for the company is $33.


Shares of Ross Stores Inc. rose by 3.93% in the last five trading days and 5.19% for the last 4 weeks. Ross Stores Inc. is up 20.81% in the last 3-month period. Year-to-Date the stock performance stands at 20.08%. Ross Stores (NASDAQ:ROST): On Tuesdays trading session , Opening price of the stock was $64.76 with an intraday high of $64.97. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $64.17. However, the stock managed to close at $64.3, a loss of 0.23% for the day. On the previous day, the stock had closed at $64.45. The total traded volume of the day was 2,887,615 shares.

Ross Stores, Inc. is an off-price retailer of name brand and designer apparel, accessories, footwear, and home fashions for the entire family. The Company operates two brands of off-price retail apparel and home fashion stores, Ross Dress for Less (Ross) and dds DISCOUNTS. As of December 31, 2014, the Company operated 1,210 Ross locations in 33 states, the District of Columbia and Guam, and 152 dds DISCOUNTS stores in 15 states. The Ross and dds DISCOUNTS stores are supported by five distribution centers. The Ross brand stores offers its products at savings of 20% to 60% off department and specialty store regular prices every day. Ross target customers are primarily from middle income households. The dds DISCOUNTS stores offers its products at savings of 20% to 70% off moderate department and discount store regular prices every day. Its target customers typically come from households with moderate incomes.

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