Ross Stores (ROST) Beats Stock Market Upswing: What Investors Need to Know

From Nasdaq: 2024-11-08 18:00:06

Ross Stores (ROST) closed at $143.40, up 0.96% from the previous day. The stock outperformed the S&P 500, rising 0.38%. Ross Stores is set to release earnings on November 21, 2024, with an anticipated EPS of $1.41 and revenue of $5.17 billion. Analysts are closely watching for any revisions in estimates.

The Zacks Rank system, which rates stocks from #1 (Strong Buy) to #5 (Strong Sell), shows Ross Stores at #3 (Hold). The stock has a Forward P/E ratio of 22.91, higher than the industry average, and a PEG ratio of 2.3. The Retail – Discount Stores industry is in the top 14% of all industries according to Zacks Industry Rank.

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