# Ross Stores, Inc. – Consensus ‘buy’ rating and 6.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/ross-stores-inc.consensus-buy-rating-and-6.9-upside-potential/4121126234
- Published: 2023-08-30T13:01:37+01:00
- Author: Charlotte Edwards

**Ross Stores, Inc.** which can be found using ticker (ROST) now have 21 market 
analysts covering the stock. The analyst consensus now points to a rating of ‘buy’.
The range between the high target price and low target price is between 142 and 
84 calculating the mean target price we have $128.24. Given that the stocks previous
close was at $119.93 this indicates there is a potential upside of 6.9%. The 50 
day moving average now sits at $112.84 and the 200 day moving average is $110.38.
The market capitalization for the company is 41.23B. The stock price is currently
at: 121.02 USD

 The potential market cap would be $44,082,766,523 based on the market consensus.

The company has a dividend yield of 2.09%. Other points of data to note are a P/
E ratio of 25.69, revenue per share of 56.66 and a 9.3% return on assets.

Ross Stores, Inc. is engaged in operating two brands of off-price retail apparel
and home fashion stores-Ross Dress for Less (Ross) and dd’s DISCOUNTS. Ross is the
off-price apparel and home fashion chain in the United States, with 1,693 locations
in 40 states, the District of Columbia, and Guam. Ross offers in-season, name brand
and designer apparel, accessories, footwear, and home fashions for the entire family
at savings of 20% to 60% off department and specialty store regular prices every
day. The Company also operates dd’s DISCOUNTS stores in 21 states, which offer in-
season, name brand apparel, accessories, footwear, and home fashions for the entire
family at savings of 20% to 70% off department and discount store regular prices
every day. It operates a total of 2,015 stores comprised of 1,693 Ross stores and
322 dd’s DISCOUNTS stores. It operates distribution processing facilities. It also
operates warehouse facilities for pack away storage.

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