Is Wall Street Bullish or Bearish on Ross Stores Stock?

With a market cap of $47.8 billion, Ross Stores, Inc. (ROST) is a leading off-price retailer in the U.S., operating Ross Dress for Less and dd's DISCOUNTS, which offer branded apparel, footwear, accessories, and home goods at 20% to 70% lower prices than department stores. Catering to middle- and moderate-income households, it focuses on providing quality fashion and home essentials at affordable prices.

Shares of the discount retailer have underperformed the broader market over the past 52 weeks. ROST has dipped marginally over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.8%. In addition, shares of ROST are down 6.1% on a YTD basis, compared to SPX’s 2.6% gain.