The Latest Breaking News from Ross Stores

Ross Stores's (NASDAQ:ROST) short percent of float has risen 10.84% since its last report. The company recently reported that it has 6.33 million shares sold short, which is 1.84% of all regular shares that are available for trading.

A newly confirmed stock market rally immediately came under heavy pressure as Walmart and Target warnings slammed the major indexes.

Ross Stores (NASDAQ:ROST) is set to give its latest quarterly earnings report on Thursday, 2022-05-19. Here's what investors need to know before the announcement. Analysts estimate that Ross Stores will report an earnings per share (EPS) of $1.00.

Over the past 3 months, 11 analysts have published their opinion on Ross Stores (NASDAQ:ROST) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Dillard's rallied Thursday within a base on blowout earnings. Several other retail stocks are reporting soon.

Ross Stores (NASDAQ:ROST) has outperformed the market over the past 10 years by 1.0% on an annualized basis producing an average annual return of 12.52%. Currently, Ross Stores has a market capitalization of $35.70 billion.

Over the past 3 months, 10 analysts have published their opinion on Ross Stores (NASDAQ:ROST) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Credit Suisse has decided to maintain its Outperform rating of Ross Stores (NASDAQ:ROST) and raise its price target from $118.00 to $125.00. Shares of Ross Stores are trading up 3.27% over the last 24 hours, at $100.01 per share.

Ross Stores rallied after receiving a price-target hike from Credit Suisse, which called the ROST stock a top pick.