Brokers Offer Predictions for Ross Stores Q1 Earnings

Ross Stores, Inc. (NASDAQ:ROST) – Equities research analysts at Telsey Advisory Group issued their Q1 2027 earnings estimates for shares of Ross Stores in a report issued on Friday, May 16th. Telsey Advisory Group analyst D. Telsey anticipates that the apparel retailer will earn $1.60 per share for the quarter. Telsey Advisory Group has a “Market Perform” rating and a $150.00 price target on the stock. The consensus estimate for Ross Stores’ current full-year earnings is $6.17 per share. Telsey Advisory Group also issued estimates for Ross Stores’ Q2 2027 earnings at $1.81 EPS, Q3 2027 earnings at $1.71 EPS and Q4 2027 earnings at $2.00 EPS.

Several other research analysts also recently commented on ROST. BMO Capital Markets dropped their price objective on shares of Ross Stores from $168.00 to $156.00 and set an “outperform” rating for the company in a report on Wednesday, March 5th. Barclays increased their price target on shares of Ross Stores from $150.00 to $157.00 and gave the company an “overweight” rating in a report on Monday, May 12th. Evercore ISI lowered their price target on shares of Ross Stores from $175.00 to $170.00 and set an “outperform” rating for the company in a report on Wednesday, March 5th. Citigroup raised shares of Ross Stores from a “neutral” rating to a “buy” rating and set a $146.00 price target for the company in a report on Thursday, April 3rd. Finally, Robert W. Baird lowered their price target on shares of Ross Stores from $175.00 to $160.00 and set an “outperform” rating for the company in a report on Wednesday, March 5th. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $161.53.

Ross Stores Stock Up 0.9%

ROST opened at $154.26 on Monday. The firm has a 50-day simple moving average of $136.20 and a two-hundred day simple moving average of $142.75. Ross Stores has a 52 week low of $122.36 and a 52 week high of $163.60. The company has a market capitalization of $50.72 billion, a PE ratio of 24.29, a price-to-earnings-growth ratio of 2.13 and a beta of 1.17. The company has a quick ratio of 0.98, a current ratio of 1.57 and a debt-to-equity ratio of 0.29.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings data on Tuesday, March 4th. The apparel retailer reported $1.79 EPS for the quarter, beating 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 business had revenue of $5.91 billion during the quarter, compared to the consensus estimate of $5.95 billion.

Hedge Funds Weigh In On Ross Stores

Institutional investors have recently modified their holdings of the stock. Larson Financial Group LLC increased its holdings in Ross Stores by 152.9% during the fourth quarter. Larson Financial Group LLC now owns 177 shares of the apparel retailer’s stock valued at $27,000 after buying an additional 107 shares during the period. Golden State Wealth Management LLC increased its holdings in Ross Stores by 50.7% during the first quarter. Golden State Wealth Management LLC now owns 217 shares of the apparel retailer’s stock valued at $28,000 after buying an additional 73 shares during the period. Banque Transatlantique SA purchased a new position in Ross Stores during the first quarter valued at approximately $29,000. BOK Financial Private Wealth Inc. purchased a new position in Ross Stores during the fourth quarter valued at approximately $31,000. Finally, Bayforest Capital Ltd increased its holdings in Ross Stores by 372.5% during the first quarter. Bayforest Capital Ltd now owns 241 shares of the apparel retailer’s stock valued at $31,000 after buying an additional 190 shares during the period. 86.86% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CMO Karen Sykes sold 5,036 shares of the firm’s stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $130.48, for a total transaction of $657,097.28. Following the transaction, the chief marketing officer now directly owns 110,365 shares of the company’s stock, valued at approximately $14,400,425.20. This trade represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CMO Karen Fleming sold 5,339 shares of the firm’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $125.73, for a total transaction of $671,272.47. Following the transaction, the chief marketing officer now directly owns 94,063 shares in the company, valued at approximately $11,826,540.99. This trade represents a 5.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 34,398 shares of company stock valued at $4,439,950 over the last 90 days. Insiders own 2.20% of the company’s stock.

Ross Stores Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Tuesday, March 18th were paid a $0.405 dividend. The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $1.62 annualized dividend and a yield of 1.05%. This is an increase from Ross Stores’s previous quarterly dividend of $0.37. Ross Stores’s dividend payout ratio (DPR) 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.