Ross Stores Inc. ($ROST) Stock Forecast: Up 5.6% Today

What is Ross Stores Inc.?

Ross Stores Inc. (ROST) is a chain of off-price retail apparel and home fashion stores in the United States. The company offers discounted brand-name clothing, footwear, accessories, and home goods.

Why is Ross Stores Inc. going up?

ROST stock is up 5.6% on Apr 10, 2025 15:17

• Ross Stores (ROST) saw a strong bullish movement today.
• Analysts' positive outlook on Ross Stores likely influenced the bullish trend.
• Speculations of a potential rally exceeding 17% might have boosted investor confidence and interest in the stock.
• Ross Stores, compared to other companies like TJX and Centene, attracted attention for its significant price increase potential, driving the bullish market movement.

ROST Price Chart

ROST Technical Analysis

ROST News

Strength Seen in TJX ( TJX ) : Can Its 5.0% Jump Turn into More Strength?

TJX (TJX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

https://www.zacks.com/stock/news/2443432/strength-seen-in-tjx-tjx-can-its-50-jump-turn-into-more-strength

Ross Stores To Rally More Than 17%? Here Are 10 Top Analyst Forecasts For Tuesday - Autodesk ( NASDAQ:ADSK ) , Centene ( NYSE:CNC )

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Oppenheimer cut Autodesk, Inc. ADSK price target from $350 to $300.

https://www.benzinga.com/25/04/44684831/ross-stores-to-rally-more-than-17-here-are-10-top-analyst-forecasts-for-tuesday

This Centene Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Tuesday - Centene ( NYSE:CNC ) , Rocket Companies ( NYSE:RKT )

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

https://www.benzinga.com/25/04/44683597/this-centene-analyst-is-no-longer-bearish-here-are-top-5-upgrades-for-tuesday

Trending Today

Eastman Chemical Company ($EMN) Stock Forecast: Down 5.8% Today

Doximity, Inc. ($DOCS) Stock Forecast: Down 5.2% Today

PACCAR Inc. ($PCAR) Stock Forecast: Down 5.1% Today

Applied Materials Inc. ($AMAT) Stock Forecast: Down 6.2% Today

Cardano ($ADA) Crypto Forecast: Down 6.2% Today

Dogecoin ($DOGE) Crypto Forecast: Down 5.2% Today

XRP ($XRP) Crypto Forecast: Down 5.1% Today

Albemarle Corporation ($ALB) Stock Forecast: Down 5.6% Today

American Airlines Group Inc. ($AAL) Stock Forecast: Down 5.6% Today

Sirius XM Holdings Inc. ($SIRI) Stock Forecast: Down 5.0% Today

Ross Stores Inc. Price History

23.07.2024 - ROST Stock was up 0.1%

• Strong Q2 earnings were reported by Ross Stores, with earnings per share reaching $1.59 and net income totaling $527 million, surpassing expectations.
• Anticipated continuation of positive trends as the company projects 2-3% growth in comparable sales for the third and fourth quarters.
• Analysts revised the price target for ROST upwards from $170 to $190, reflecting optimistic sentiment and confidence in the company's performance.
• Following the earnings report and future outlook, the market responded favorably, leading to a significant bullish surge in ROST stock.

05.02.2025 - ROST Stock was up 1.4%

• The stock of Ross Stores (ROST) showed a strong upward trend today.
• This surge in stock price was propelled by the company's exceeding of Q4 earnings projections and a year-over-year increase in sales, reflecting the popularity of its holiday product line.
• Despite some concerns regarding future growth and a modest outlook for same-store sales, market sentiment remains favorable towards Ross Stores, as highlighted by the stock's positive performance.
• The unexpected earnings boost and the company's ability to navigate tough market conditions suggest that Ross Stores' strategic efforts are resonating well with both consumers and investors.

10.03.2025 - ROST Stock was up 5.6%

• Ross Stores (ROST) saw a strong bullish movement today.
• Analysts' positive outlook on Ross Stores likely influenced the bullish trend.
• Speculations of a potential rally exceeding 17% might have boosted investor confidence and interest in the stock.
• Ross Stores, compared to other companies like TJX and Centene, attracted attention for its significant price increase potential, driving the bullish market movement.

27.00.2025 - ROST Stock was down 2.3%

• Ross Stores (ROST) faced significant bearish movements despite a marginal increase in its stock price.
• A comparative analysis between Target (TGT) and Ross Stores (ROST) may have revealed weaknesses in ROST from the perspective of value investors, contributing to the observed bearish trend.
• Negative sentiment surrounding ROST's stock price was potentially spurred by a notable Apple analyst's bearish stance and other market downgrades.
• Investors seem to be redirecting their attention from retail entities like Ross Stores to other sectors or companies, potentially driving the bearish trend.

22.10.2024 - ROST Stock was up 5.9%

• Experienced a strong bullish movement today.
• Reported Q3 earnings that surpassed estimates, with a 6.47% surprise on earnings and a 1.56% surprise on revenue.
• Analysts revised their forecasts ahead of the earnings call, expecting quarterly earnings to increase from the year-ago period.
• Managed to deliver strong results, indicating resilience in its business model despite challenges from inflation affecting retail customers.

09.03.2025 - ROST Stock was up 8.0%

• Ross Stores (ROST) experienced a strong bullish movement today.
• Analyst upgrades and positive outlooks on ROST contributed to the bullish sentiment.
• The long-term outperformance of ROST in the market, as highlighted in discussions about its 20-year performance, may have also boosted investor confidence.
• Overall, the positive analyst forecasts and the historical performance of Ross Stores likely fueled the bullish movement in the stock today.

24.04.2024 - ROST Stock was up 8.4%

• Ross Stores (ROST) experienced a strong bullish movement today, reflecting the positive sentiment surrounding the company.
• The company's impressive performance in Q1, highlighted by steady earnings and financial metrics, has likely contributed to the stock's upward momentum.
• Despite concerns about inflation impacting the broader market and leading to caution among investors, Ross Stores' ability to maintain its stock target and showcase competitive strengths has garnered investor confidence.
• The off-price retail sector, as demonstrated by both Ross Stores and TJX Companies, has shown resilience and profitability even during challenging economic times, further bolstering ROST's bullish trend.

17.10.2023 - ROST Stock was up 6.3%

• The bullish movement in ROST stock today can be attributed to the following factors:
• 1. Strong Q3 Earnings: Ross Stores reported impressive earnings growth, with earnings per share rising from $1 to $1.33 compared to the same period last year. The company also saw a significant increase in net income and sales for the quarter, surpassing expectations. This positive financial performance likely boosted investor confidence and drove the stock price higher.
• 2. Positive Outlook: The company's CEO, Barbara Rentler, expressed optimism about future sales and earnings, projecting same-store sales to be up 1% to 2% for the next quarter. This positive outlook may have contributed to the bullish sentiment surrounding the stock.
• 3. Market Response: The market responded favorably to Ross Stores' strong Q3 earnings beat, with the stock jumping 6.3% in after-hours trading. This indicates that investors are confident in the company's ability to continue delivering solid financial results.
• 4. Sector Performance: The retail sector as a whole may have experienced positive momentum, contributing to the bullish movement in ROST stock. As consumers continue to spend on discounted goods, Ross Stores' business model positions it well to capitalize on this trend.
• Overall, Ross Stores' strong earnings performance, positive outlook, and favorable market response likely drove the bullish movement in ROST stock today.

24.04.2024 - ROST Stock was up 9.2%

• Ross Stores stock surged following strong earnings and increased guidance, signaling optimism about the company's future performance.
• The off-price retail sector, which includes retailers like TJX, has demonstrated resilience and profitability even during economic challenges, potentially boosting confidence in Ross Stores among investors.
• Despite concerns about inflation and potential interest rate adjustments, Ross Stores' solid financial outcomes and cost-saving initiatives likely bolstered investor confidence and contributed to the stock's upward momentum.
• Deckers Outdoor, a company that also reported positive earnings, saw its stock rise alongside Ross Stores, indicating positive market sentiment towards retail stocks.

24.04.2024 - ROST Stock was up 9.0%

• Ross Stores' stock experienced a strong bullish movement during the recent period.
• The positive market trend was influenced by encouraging developments and upgrades by analysts, with TD Cowen raising the stock's price target and Ross Stores surpassing MarMaxx, its competitor.
• Moreover, the company's robust Q1 2024 financial results, surpassing expectations for both EPS and revenue, likely played a role in driving the stock's upward trajectory.
• In summary, the confluence of favorable updates, analyst endorsements, and solid financial performance bolstered investor trust in Ross Stores, resulting in the bullish market movement.

06.02.2024 - ROST Stock was down 0.5%

• ROST experienced a bearish movement despite reporting better-than-expected fourth-quarter results, including surpassing earnings and sales estimates.
• The overall market sentiment was positive, with futures jumping and tech names rebounding after a recent selloff, indicating a potential relief rally.
• A tech company's disappointing fourth-quarter results and lower-than-expected guidance may have negatively impacted investor confidence in the retail sector, leading to ROST's bearish movement.
• The increase in ROST's stock target to $163 on growth prospects suggests long-term optimism, despite the short-term market reaction.

24.04.2024 - ROST Stock was up 9.5%

• Ross Stores stock surged after reporting better-than-expected results and raising its guidance, indicating strong performance and investor confidence in the company's future prospects.
• The positive earnings report and cost reduction efforts by Ross Stores likely contributed to the bullish movement, attracting investors seeking growth opportunities in the retail sector.
• The overall upbeat sentiment in the market, as seen in the rise of other stocks like Deckers Outdoor Corporation, also supported the bullish movement in Ross Stores stock.
• Analysts' bullish outlook on Ross Stores, as evidenced by a lifted stock price target, further boosted investor sentiment and contributed to the stock's upward momentum.