Ross Stores Stock Target Price and Analyst Consensus

ROST Stock  USD 133.77  0.43  0.32%   
The current analyst and expert consensus on Ross Stores is Strong Buy with 6 buy recommendations. The current projected Ross Stores target price consensus is 128.90, with 24 analyst opinions. The most common way Ross Stores analysts use to provide public buy-or-sell recommendation is financial statements analysis. They also talk to Ross Stores executives, vendors, and/or customers. Ross Stores buy-or-sell recommendation module provides average expert sentiment on the projected Ross Stores target price to derive its highest and lowest estimates based on target price estimated volatility of 0.0. Check out Macroaxis Advice on Ross Stores to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Ross Stock please use our How to Invest in Ross Stores guide.
Lowest Forecast
117.3
Highest Forecast
143.08
Target Price
128.9
At this time, Ross Stores' Gross Profit is comparatively stable compared to the past year. Pretax Profit Margin is likely to gain to 0.13 in 2024, whereas Net Profit Margin is likely to drop 0.08 in 2024. At this time, Ross Stores' Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 7.2 B in 2024, whereas Common Stock is likely to drop slightly above 2.2 M in 2024.
  
It's important to approach Ross Stores' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Ross Stores price targets

Ross Stores' stock target price is an estimate of its future price, usually made by analysts. Using Ross Stores' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Ross Stores' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Ross Stores' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Ross Stores Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Ross Stores is a key component of Ross Stores valuation and have some predictive power on the future returns of a Ross Stores.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ross Stores' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
132.78133.73134.68
Details
Intrinsic
Valuation
LowRealHigh
132.17133.12134.07
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.301.351.39
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ross Stores. Your research has to be compared to or analyzed against Ross Stores' peers to derive any actionable benefits. When done correctly, Ross Stores' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Ross Stores.

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When determining whether Ross Stores is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ross Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ross Stores Stock. Highlighted below are key reports to facilitate an investment decision about Ross Stores Stock:
Check out Macroaxis Advice on Ross Stores to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Ross Stock please use our How to Invest in Ross Stores guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running Ross Stores' price analysis, check to measure Ross Stores' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ross Stores is operating at the current time. Most of Ross Stores' value examination focuses on studying past and present price action to predict the probability of Ross Stores' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ross Stores' price. Additionally, you may evaluate how the addition of Ross Stores to your portfolios can decrease your overall portfolio volatility.
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The data published in Ross Stores' official financial statements usually reflect Ross Stores' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Ross Stores. For example, before you start analyzing numbers published by Ross accountants, it's critical to develop an understanding of what Ross Stores' liquidity, profitability, and earnings quality are in the context of the Specialty Retail space in which it operates.
Please note, the presentation of Ross Stores' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ross Stores' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Ross Stores' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ross Stores. Please utilize our Beneish M Score to check the likelihood of Ross Stores' management manipulating its earnings.