FY2025 EPS Estimates for Ross Stores Increased by Analyst

Ross Stores, Inc. (NASDAQ:ROST - Free Report) - Research analysts at Zacks Research boosted their FY2025 earnings estimates for shares of Ross Stores in a report released on Wednesday, December 4th. Zacks Research analyst R. Lohia now anticipates that the apparel retailer will post earnings of $6.17 per share for the year, up from their prior estimate of $6.10. The consensus estimate for Ross Stores' current full-year earnings is $6.17 per share. Zacks Research also issued estimates for Ross Stores' Q4 2025 earnings at $1.64 EPS, Q1 2026 earnings at $1.54 EPS, Q3 2026 earnings at $1.58 EPS, Q4 2026 earnings at $1.83 EPS, FY2026 earnings at $6.65 EPS, Q1 2027 earnings at $1.68 EPS, Q2 2027 earnings at $1.83 EPS and Q3 2027 earnings at $1.71 EPS.

A number of other research firms also recently issued reports on ROST. Bank of America increased their price objective on Ross Stores from $170.00 to $180.00 and gave the stock a "buy" rating in a report on Friday, August 23rd. Morgan Stanley increased their price target on shares of Ross Stores from $163.00 to $178.00 and gave the stock an "overweight" rating in a research note on Friday, August 23rd. UBS Group boosted their price objective on shares of Ross Stores from $147.00 to $167.00 and gave the stock a "neutral" rating in a research note on Friday, August 23rd. JPMorgan Chase & Co. raised their target price on shares of Ross Stores from $171.00 to $173.00 and gave the company an "overweight" rating in a research note on Friday, November 22nd. Finally, StockNews.com lowered shares of Ross Stores from a "buy" rating to a "hold" rating in a report on Tuesday, November 19th. Five investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $171.69.

Ross Stores Stock Down 0.1 %

Shares of NASDAQ:ROST traded down $0.13 during trading on Friday, hitting $156.48. The stock had a trading volume of 3,692,153 shares, compared to its average volume of 3,192,596. The company has a market capitalization of $51.91 billion, a PE ratio of 24.64, a PEG ratio of 2.56 and a beta of 1.10. The company has a quick ratio of 0.98, a current ratio of 1.57 and a debt-to-equity ratio of 0.29. The firm's fifty day moving average is $145.58 and its 200 day moving average is $145.88. Ross Stores has a 12 month low of $127.53 and a 12 month high of $163.60.

Ross Stores (NASDAQ:ROST - Get Free Report) last released its quarterly earnings results on Thursday, November 21st. The apparel retailer reported $1.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.41 by $0.07. The company had revenue of $5.10 billion during the quarter, compared to the consensus estimate of $5.15 billion. Ross Stores had a net margin of 9.95% and a return on equity of 41.83%. Ross Stores's revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.33 earnings per share.

Institutional Investors Weigh In On Ross Stores

A number of large investors have recently made changes to their positions in the company. Retirement Systems of Alabama raised its position in Ross Stores by 251.7% in the third quarter. Retirement Systems of Alabama now owns 260,126 shares of the apparel retailer's stock worth $39,152,000 after acquiring an additional 186,161 shares during the period. Peapack Gladstone Financial Corp raised its holdings in Ross Stores by 1.8% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 3,910 shares of the apparel retailer's stock worth $588,000 after purchasing an additional 70 shares during the period. Wilmington Savings Fund Society FSB raised its holdings in Ross Stores by 231.1% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,161 shares of the apparel retailer's stock worth $1,228,000 after purchasing an additional 5,696 shares during the period. Arvest Bank Trust Division purchased a new position in Ross Stores during the third quarter valued at $244,000. Finally, Sanctuary Advisors LLC grew its holdings in Ross Stores by 24.6% during the third quarter. Sanctuary Advisors LLC now owns 20,307 shares of the apparel retailer's stock valued at $2,967,000 after purchasing an additional 4,008 shares during the period. 86.86% of the stock is currently owned by institutional investors.

Insider Activity

In related news, COO Michael J. Hartshorn sold 8,366 shares of Ross Stores stock in a transaction on Monday, September 16th. The stock was sold at an average price of $155.64, for a total value of $1,302,084.24. Following the completion of the sale, the chief operating officer now owns 103,049 shares of the company's stock, valued at $16,038,546.36. The trade was a 7.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 2.10% of the stock is owned by corporate insiders.

Ross Stores Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th will be paid a $0.3675 dividend. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $1.47 dividend on an annualized basis and a dividend yield of 0.94%. Ross Stores's dividend payout ratio is presently 23.15%.

Ross Stores Company Profile

Ross Stores, Inc, together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company's Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd's DISCOUNTS stores sell its products at department and discount stores for households with moderate income.