Evercore ISI analyst Omar Saad maintained a Hold rating on Ross Stores (NASDAQ:ROST) on Friday, setting a price target of $135, which is approximately 19.70% above the present share price of $112.78.
Saad expects Ross Stores to post earnings per share (EPS) of $1.40 for the fourth quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Ross Stores, with an average price target of $133.17.
The analysts price targets range from a high of $152 to a low of $105.
In its latest earnings report, released on 07/31/2021, the company reported a quarterly revenue of $4.8 billion and a net profit of $676.32 million. The company's market cap is $40.08 billion.
According to TipRanks.com, Evercore ISI analyst Omar Saad is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.2% and a 62.11% success rate.
California-based Ross Stores, Inc. operates off-price retail apparel and home accessories stores under the Ross Dress for Less and dd's DISCOUNTS brands. Its products include branded and designer apparel, accessories, footwear, and home fashions.