Q1 EPS Estimates for Ross Stores Decreased by William Blair

Ross Stores, Inc. (NASDAQ:ROST - Free Report) - Equities research analysts at William Blair reduced their Q1 2026 EPS estimates for shares of Ross Stores in a research note issued to investors on Wednesday, March 5th. William Blair analyst D. Carden now expects that the apparel retailer will post earnings of $1.40 per share for the quarter, down from their previous estimate of $1.59. The consensus estimate for Ross Stores' current full-year earnings is $6.17 per share. William Blair also issued estimates for Ross Stores' Q2 2026 earnings at $1.64 EPS, Q4 2026 earnings at $1.71 EPS, Q1 2027 earnings at $1.59 EPS, Q2 2027 earnings at $1.83 EPS, Q3 2027 earnings at $1.65 EPS, Q4 2027 earnings at $1.81 EPS and FY2027 earnings at $6.87 EPS.

Ross Stores (NASDAQ:ROST - Get Free Report) last posted its quarterly earnings data on Tuesday, March 4th. The apparel retailer reported $1.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.14. Ross Stores had a net margin of 9.95% and a return on equity of 41.83%. The company had revenue of $5.91 billion for the quarter, compared to the consensus estimate of $5.95 billion.

Several other research analysts also recently issued reports on ROST. Morgan Stanley dropped their price objective on shares of Ross Stores from $140.00 to $130.00 and set an "equal weight" rating on the stock in a report on Wednesday. UBS Group lowered their target price on shares of Ross Stores from $168.00 to $163.00 and set a "neutral" rating on the stock in a research note on Wednesday. Evercore ISI lowered their target price on shares of Ross Stores from $175.00 to $170.00 and set an "outperform" rating on the stock in a research note on Wednesday. JPMorgan Chase & Co. upped 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, Citigroup cut shares of Ross Stores from a "buy" rating to a "neutral" rating and decreased their price objective for the stock from $179.00 to $152.00 in a research note on Tuesday, November 12th. Seven research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $163.07.

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Ross Stores Stock Performance

Shares of NASDAQ:ROST traded down $1.93 on Thursday, hitting $135.96. 4,252,671 shares of the company were exchanged, compared to its average volume of 2,583,287. The company's 50 day moving average price is $145.37 and its two-hundred day moving average price is $147.45. Ross Stores has a one year low of $127.53 and a one year high of $163.60. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.98 and a current ratio of 1.57. The firm has a market capitalization of $44.86 billion, a price-to-earnings ratio of 21.41, a PEG ratio of 2.13 and a beta of 1.15.

Hedge Funds Weigh In On Ross Stores

Large investors have recently modified their holdings of the stock. Larson Financial Group LLC lifted its position in shares of Ross Stores by 152.9% during the fourth quarter. Larson Financial Group LLC now owns 177 shares of the apparel retailer's stock worth $27,000 after purchasing an additional 107 shares in the last quarter. BOK Financial Private Wealth Inc. acquired a new position in shares of Ross Stores during the fourth quarter worth approximately $31,000. ORG Partners LLC lifted its holdings in Ross Stores by 434.1% in the fourth quarter. ORG Partners LLC now owns 235 shares of the apparel retailer's stock valued at $36,000 after buying an additional 191 shares during the period. Putney Financial Group LLC acquired a new position in Ross Stores in the fourth quarter valued at approximately $44,000. Finally, Cary Street Partners Financial LLC acquired a new position in Ross Stores in the fourth quarter valued at approximately $48,000. 86.86% of the stock is currently owned by institutional investors and hedge funds.

Ross Stores Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 18th will be given a dividend of $0.405 per share. This represents a $1.62 dividend on an annualized basis and a dividend yield of 1.19%. This is a positive change from Ross Stores's previous quarterly dividend of $0.37. The ex-dividend date of this dividend is Tuesday, March 18th. Ross Stores's dividend payout ratio is presently 25.63%.

About Ross Stores

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.