
Ross Stores (ROST) Stock Forecast & Price Target
Ross Stores (ROST) Analyst Ratings
Bulls say
Ross Stores reported a 4.6% increase in total sales for Q2, amounting to $5.53 billion, which aligns closely with both the consensus estimate and the company's guidance range. The firm anticipates further robust growth, forecasting sales to rise between 6%-8% year-over-year, outpacing prior projections. This positive sales momentum is supported by broader improvements across key merchandise categories and regions, highlighting the company's strong operational execution and market positioning.
Bears say
Ross Stores is experiencing a decrease in expected earnings per share (EPS) for the third quarter, with projections ranging from $1.31 to $1.37, a decline compared to last year's EPS of $1.48. Additionally, net interest income is anticipated to reduce significantly from $43 million in the previous year to about $27 million, indicating a downward trend in financial performance. The company is also forecasted to face operating margin deleverage, with a forecasted operating margin of 10.5% falling short of the prior consensus, reflecting a broader concern regarding rising costs and pressures on profitability.
This aggregate rating is based on analysts' research of Ross Stores and is not a guaranteed prediction by Public.com or investment advice.
Ross Stores (ROST) Analyst Forecast & Price Prediction
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