Analysts who follow Ross Stores, Inc. (ROST) on average expect it to increase 3.95% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating puts Ross Stores, Inc. higher than 49 of stocks, based on data compiled by InvestorsObserver.
Click Here to get the full report on Ross Stores, Inc. (ROST) Stock.
Why are Analyst Ratings Important?
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With Ross Stores, Inc. Stock Today?
Ross Stores, Inc. (ROST) stock is down -0.38% while the S&P 500 has risen 0.67% as of 1:21 PM on Wednesday, Dec 4. ROST is lower by -$0.43 from the previous closing price of $114.27 on volume of 765,492 shares. Over the past year the S&P 500 is higher by 15.33% while ROST has risen 39.24%. ROST earned $4.52 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 25.15.
