Robert W. Baird analyst Mark Altschwager maintained a Buy rating on Ross Stores (NASDAQ:ROST) on Thursday, setting a price target of $140, which is approximately 13.59% above the present share price of $123.25.
Altschwager expects Ross Stores to post earnings per share (EPS) of $0.00 for the second quarter of 2021.
The current consensus among 15 TipRanks analysts is for a Strong Buy rating of shares in Ross Stores, with an average price target of $139.5.
The analysts price targets range from a high of $153 to a low of $125.
In its latest earnings report, released on 04/30/2021, the company reported a quarterly revenue of $4.52 billion and a net profit of $642.63 million. The company's market cap is $43.95 billion.
According to TipRanks.com, Robert W. Baird analyst Mark Altschwager is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 23.1% and a 54.11% 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.