The Latest Breaking News from Ross Stores

The S&P 500 briefly slipped 20% from its all-time high in early January, officially pegging the broadest measure of U.S. stocks in bear market territory.

Stock futures bounce on China rate cut, bargain hunting; Tesla shares gain as Musk vows '24/7 focus' amid lurid headlines; Applied Materials shares slide as chip sector disruptions clip Q2 earnings; Ross Stores shares tank after softer Q1 earnings, gloomy outlook and Monkeypox infections spread, with new cases in Quebec…

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.

Ross Stores (NASDAQ:ROST) has observed the following analyst ratings within the last quarter:

Ross Stores (NASDAQ:ROST) reported its Q4 earnings results on Tuesday, March 1, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Ross Stores beat estimated earnings by 7.14%, reporting an EPS of $1.05 versus an estimate of $0.98.

On CNBC’s “Halftime Report Final Trades,” Pete Najarian chose Patterson-UTI Energy, Inc. (NASDAQ: PTEN). The stock has climbed more than 50% year to date.