# Ross Stores, Inc. – Consensus ‘buy’ rating and 9.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/ross-stores-inc.consensus-buy-rating-and-9.5-upside-potential/4121127815
- Published: 2023-09-20T14:18:38+01:00
- Author: Charlotte Edwards

**Ross Stores, Inc.** with ticker code (ROST) now have 20 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The target price High/Low 
ranges between 142 and 84 calculating the average target price we see $128.90. Given
that the stocks previous close was at $117.67 and the analysts are correct then 
we can expect a percentage increase in value of 9.5%. It’s also worth noting that
there is a 50 day moving average of $115.69 while the 200 day moving average is 
$111.23. The market capitalization for the company is 39.85B. The current share 
price for the company is: 116.3 USD

 The potential market cap would be $43,649,658,718 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 24.69, 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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