Ross Stores (NASDAQ:ROST) Price Target Raised to $226.00 at Guggenheim

Ross Stores (NASDAQ:ROST) had its price target raised by analysts at Guggenheim from $199.00 to $226.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the apparel retailer’s stock. Guggenheim’s price target indicates a potential upside of 14.35% from the stock’s current price.

ROST has been the topic of a number of other research reports. The Goldman Sachs Group raised their price objective on shares of Ross Stores from $190.00 to $214.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Barclays lifted their price target on Ross Stores from $205.00 to $221.00 and gave the company an “overweight” rating in a research report on Monday. UBS Group upped their price objective on Ross Stores from $181.00 to $199.00 and gave the company a “neutral” rating in a report on Tuesday, February 17th. Citigroup lifted their target price on Ross Stores from $188.00 to $224.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Finally, Zacks Research cut shares of Ross Stores from a “strong-buy” rating to a “hold” rating in a research report on Monday. Seventeen analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Ross Stores presently has a consensus rating of “Moderate Buy” and an average target price of $199.28.

Ross Stores Price Performance

Shares of NASDAQ ROST opened at $197.64 on Wednesday. Ross Stores has a fifty-two week low of $122.36 and a fifty-two week high of $206.40. The firm’s 50-day simple moving average is $191.34 and its 200 day simple moving average is $170.94. The company has a quick ratio of 0.90, a current ratio of 1.52 and a debt-to-equity ratio of 0.17. The stock has a market cap of $63.93 billion, a P/E ratio of 30.88, a P/E/G ratio of 3.52 and a beta of 0.97.

Ross Stores (NASDAQ:ROST) last announced its earnings results on Tuesday, March 3rd. The apparel retailer reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.10. Ross Stores had a net margin of 9.47% and a return on equity of 36.75%. The firm had revenue of $6.64 billion during the quarter, compared to analyst estimates of $6.42 billion. During the same quarter in the prior year, the firm posted $1.65 EPS. Ross Stores’s revenue was up 12.2% compared to the same quarter last year. Equities analysts expect that Ross Stores will post 6.17 EPS for the current year.

Hedge Funds Weigh In On Ross Stores

Several institutional investors and hedge funds have recently modified their holdings of the stock. Somerset Trust Co raised its stake in shares of Ross Stores by 0.4% during the 4th quarter. Somerset Trust Co now owns 14,788 shares of the apparel retailer’s stock worth $2,664,000 after purchasing an additional 55 shares in the last quarter. Independent Advisor Alliance increased its holdings in Ross Stores by 1.7% in the fourth quarter. Independent Advisor Alliance now owns 3,309 shares of the apparel retailer’s stock worth $596,000 after buying an additional 55 shares during the last quarter. CYBER HORNET ETFs LLC increased its holdings in Ross Stores by 6.1% in the fourth quarter. CYBER HORNET ETFs LLC now owns 954 shares of the apparel retailer’s stock worth $172,000 after buying an additional 55 shares during the last quarter. Florida Trust Wealth Management Co raised its position in Ross Stores by 1.7% during the fourth quarter. Florida Trust Wealth Management Co now owns 3,399 shares of the apparel retailer’s stock valued at $612,000 after acquiring an additional 56 shares in the last quarter. Finally, MCF Advisors LLC lifted its stake in Ross Stores by 4.6% in the fourth quarter. MCF Advisors LLC now owns 1,292 shares of the apparel retailer’s stock valued at $233,000 after acquiring an additional 57 shares during the last quarter. 86.86% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Ross Stores

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

• Positive Sentiment: Beat on Q4 results — Ross reported Q4 EPS of $2.00 and revenue of $6.64B, topping estimates and showing 12% revenue growth and a 9% comparable‑store sales gain. This drove upbeat commentary about a strong holiday and spring start. MarketBeat: Ross Q4 Results
• Positive Sentiment: Raised full‑year guidance — Ross updated FY26 EPS to $7.02–7.36 vs. consensus ~6.76, and provided Q1 EPS guidance roughly in line with estimates; management also announced a new two‑year repurchase authorization and a 10% dividend increase. These items support longer‑term earnings and capital‑returns expectations. PR Newswire: Ross Press Release
• Positive Sentiment: Market share and traffic momentum — Coverage highlights Ross’s ability to pull shoppers from mainstream retailers and describes a “very strong” start to spring, supporting upside to same‑store sales and margins. PYMNTS: Market Share Gain
• Neutral Sentiment: Analyst price‑target upgrades — Barclays raised its price target to $221 and kept an overweight view, indicating analyst conviction on the stock’s longer‑term upside even as near‑term volatility persists. Benzinga: Barclays PT Raise
• Neutral Sentiment: Full earnings detail and call transcripts available — Investors can review the earnings call and transcripts for color on inventory, margin outlook and promotional strategy to judge sustainability of current tailwinds. Seeking Alpha: Earnings Call Transcript
• Negative Sentiment: Analyst downgrade and profit‑taking — Zacks cut Ross from “strong‑buy” to “hold,” which can prompt short‑term selling; combined with recent run‑up to near‑year‑high levels, investors are taking profits. Zacks: Rating Change
• Negative Sentiment: Broader market weakness — Pre‑market/futures softness and mixed macro sentiment reduced appetite for retail cyclicals today, muting some of the positive reaction to Ross’s report. Benzinga: Stocks to Watch

Ross Stores Company Profile

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.