# Ross Stores, Inc.  Share Price Target ‘$138.38’, now -3.7% Downside Potential

- Link: https://www.directorstalkinterviews.com/ross-stores-inc.share-price-target-138.38-now-3.7-downside-potential/4121141184
- Published: 2024-02-06T13:21:03+00:00
- Author: Charlotte Edwards

**Ross Stores, Inc.** which can be found using ticker (ROST) now have 21 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
range between the high target price and low target price is between $160.00 and 
$85.00 calculating the mean target share price we have $138.38. (at the time of 
writing). Given that the stocks previous close was at $143.68 this is indicating
there is a potential downside of -3.7%. The day 50 moving average is $135.90 and
the 200 moving average now moves to $118.05. The total market capitalization for
the company now stands at 48.06B. The stock price for the company is currently is
currently $142.75 USD

 The potential market cap would be $46,286,288,192 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 28.32, revenue per share of $58.05 and a 9.69% 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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