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NASDAQ: ROST
Ross Stores Inc Stock Forecast, Predictions & Price Target

Analyst price target for ROST

Based on 7 analysts offering 12 month price targets for Ross Stores Inc.
Min Forecast
$105.00-6.82%
Avg Forecast
$134.57+19.43%
Max Forecast
$147.00+30.46%

Should I buy or sell ROST stock?

Based on 7 analysts offering ratings for Ross Stores Inc.
Strong Buy
Strong Buy
4 analysts 57.14%
Buy
1 analysts 14.29%
Hold
2 analysts 28.57%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

ROST stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Anonymous
Deutsche Bank
Strong BuyMaintains$146.00+29.57%2021-11-10
Loop Capital
Top 17%
84
HoldDowngrades$105.00-6.82%2021-10-14
Deutsche Bank
Top 37%
64
Strong BuyMaintains$142.00+26.02%2021-08-20
JP Morgan
Top 13%
88
Strong BuyMaintains$137.00+21.58%2021-08-16
RBC Capital
Top 49%
52
BuyMaintains$140.00+24.25%2021-05-21
Deutsche Bank
Top 4%
97
Strong BuyMaintains$141.00+25.13%2021-05-21
Northcoast Research
Top 44%
57
Strong BuyUpgrades$147.00+30.46%2021-05-19
UBS
Top 12%
89
HoldMaintains$130.00+15.37%2021-05-12

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Forecast return on equity

Is ROST forecast to generate an efficient return?
Company
50.52%
Industry
46.05%
Market
37.06%
ROST's Return on Equity is forecast to be high in 3 years (50.52%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is ROST forecast to generate an efficient return on assets?
Company
14.46%
Industry
14.94%
ROST is forecast to generate lower Return on Assets (14.46%) than the US Apparel Retail industry average (14.94%)
Forecast

ROST earnings per share forecast

What is ROST's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$4.48+18.21%
Avg 2 year Forecast
$5.40+42.48%
Avg 3 year Forecast
$5.55+46.44%
ROST's earnings are forecast to grow at a rate of 18.58% per year, which is not exceptional
Forecast

ROST revenue forecast

What is ROST's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$18.9B+9.26%
Avg 2 year Forecast
$20.1B+16.11%
Avg 3 year Forecast
$21.2B+22.65%
ROST's revenue is forecast to grow at a rate of 7.08% per year, which is not exceptional
Forecast

ROST earnings growth forecast

How is ROST forecast to perform vs Apparel Retail companies and vs the US market?
Company
18.58%
Industry
14.64%
Market
14.37%
ROST's earnings are forecast to grow faster (18.58% per year) than the US Apparel Retail industry average (14.64%)
Forecast
ROST's earnings are forecast to grow faster (18.58% per year) than the US market average (14.37%)
Forecast
ROST's earnings are forecast to grow faster (18.58% per year) than the risk-free savings rate (1.4%)
Forecast

ROST revenue growth forecast

How is ROST forecast to perform vs Apparel Retail companies and vs the US market?
Company
7.08%
Industry
6.19%
Market
10.03%
ROST's revenues are forecast to grow faster (7.08% per year) than the US Apparel Retail industry average (6.19%)
Forecast
ROST's revenues are forecast to grow slower (7.08% per year) than the US market average (10.03%)
Forecast

Ross Stores Stock Forecast FAQ

Is Ross Stores Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: ROST) stock is to Strong Buy ROST stock.

Out of 7 analysts, 4 (57.14%) are recommending ROST as a Strong Buy, 1 (14.29%) are recommending ROST as a Buy, 2 (28.57%) are recommending ROST as a Hold, 0 (0%) are recommending ROST as a Sell, and 0 (0%) are recommending ROST as a Strong Sell.

What is ROST's earnings growth forecast for 2022-2024?

(NASDAQ: ROST) Ross Stores's forecast annual earnings growth rate of 18.58% is forecast to beat the US Apparel Retail industry's average forecast earnings growth rate of 14.64%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Ross Stores's earnings in 2021 is $1,339,914,000.On average, 10 Wall Street analysts forecast ROST's earnings for 2022 to be $1,592,039,505, with the lowest ROST earnings forecast at $1,549,395,590, and the highest ROST earnings forecast at $1,663,112,697. On average, 10 Wall Street analysts forecast ROST's earnings for 2023 to be $1,918,976,189, with the lowest ROST earnings forecast at $1,830,134,699, and the highest ROST earnings forecast at $2,000,710,360.

In 2024, ROST is forecast to generate $1,972,281,084 in earnings, with the lowest earnings forecast at $1,972,281,084 and the highest earnings forecast at $1,972,281,084.

What is ROST's revenue growth forecast for 2022-2024?

(NASDAQ: ROST) Ross Stores's forecast annual revenue growth rate of 7.08% is forecast to beat the US Apparel Retail industry's average forecast revenue growth rate of 6.19%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Ross Stores's revenue in 2021 is $17,325,234,000.On average, 6 Wall Street analysts forecast ROST's revenue for 2022 to be $6,727,097,186,858, with the lowest ROST revenue forecast at $6,709,664,709,641, and the highest ROST revenue forecast at $6,759,504,785,671. On average, 6 Wall Street analysts forecast ROST's revenue for 2023 to be $7,148,565,125,629, with the lowest ROST revenue forecast at $7,018,836,649,371, and the highest ROST revenue forecast at $7,234,540,234,038.

In 2024, ROST is forecast to generate $7,551,521,340,761 in revenue, with the lowest revenue forecast at $7,371,803,890,134 and the highest revenue forecast at $7,731,238,791,387.

What is ROST's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: ROST) forecast ROA is 14.46%, which is lower than the forecast US Apparel Retail industry average of 14.94%.

What is ROST's Price Target?

According to 7 Wall Street analysts that have issued a 1 year ROST price target, the average ROST price target is $134.57, with the highest ROST stock price forecast at $147.00 and the lowest ROST stock price forecast at $105.00.

On average, Wall Street analysts predict that Ross Stores's share price could stay at $134.57 by Oct 14, 2022. The average Ross Stores stock price prediction forecasts a potential downside of N/A from the current ROST share price of $112.68.

What is ROST's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: ROST) Ross Stores's current Earnings Per Share (EPS) is $3.79. On average, analysts forecast that ROST's EPS will be $4.48 for 2022, with the lowest EPS forecast at $4.36, and the highest EPS forecast at $4.68. On average, analysts forecast that ROST's EPS will be $5.40 for 2023, with the lowest EPS forecast at $5.15, and the highest EPS forecast at $5.63. In 2024, ROST's EPS is forecast to hit $5.55 (min: $5.55, max: $5.55).

What is ROST's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: ROST) forecast ROE is 50.52%, which is considered strong.
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