Q2 EPS Estimates for Ross Stores Lowered by Zacks Research

Ross Stores, Inc. (NASDAQ:ROST) – Research analysts at Zacks Research reduced their Q2 2026 EPS estimates for Ross Stores in a research note issued to investors on Thursday, June 5th. Zacks Research analyst R. Lohia now expects that the apparel retailer will post earnings of $1.53 per share for the quarter, down from their prior estimate of $1.62. The consensus estimate for Ross Stores’ current full-year earnings is $6.17 per share. Zacks Research also issued estimates for Ross Stores’ Q3 2026 earnings at $1.45 EPS, Q4 2026 earnings at $1.72 EPS, Q2 2027 earnings at $1.73 EPS, Q3 2027 earnings at $1.67 EPS, Q4 2027 earnings at $1.78 EPS, FY2027 earnings at $6.75 EPS, Q1 2028 earnings at $1.69 EPS and FY2028 earnings at $7.18 EPS.

A number of other brokerages have also recently weighed in on ROST. Telsey Advisory Group restated a “market perform” rating and issued a $150.00 price objective on shares of Ross Stores in a research note on Friday, May 23rd. Wells Fargo & Company dropped their target price on shares of Ross Stores from $155.00 to $150.00 and set an “overweight” rating on the stock in a research report on Friday, May 23rd. Citigroup raised shares of Ross Stores from a “neutral” rating to a “buy” rating and set a $146.00 target price on the stock in a research report on Thursday, April 3rd. Loop Capital dropped their target price on shares of Ross Stores from $175.00 to $170.00 and set a “buy” rating on the stock in a research report on Friday, May 23rd. Finally, Wall Street Zen lowered shares of Ross Stores from a “buy” rating to a “hold” rating in a research report on Wednesday, May 21st. Five equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $158.67.

Ross Stores Price Performance

Shares of Ross Stores stock opened at $143.80 on Monday. The firm has a fifty day simple moving average of $141.02 and a 200-day simple moving average of $142.98. The company has a current ratio of 1.57, a quick ratio of 0.98 and a debt-to-equity ratio of 0.29. Ross Stores has a 1-year low of $122.36 and a 1-year high of $163.60. The stock has a market capitalization of $47.28 billion, a price-to-earnings ratio of 22.65, a PEG ratio of 2.13 and a beta of 1.14.

Ross Stores (NASDAQ:ROST) last issued its quarterly earnings data on Thursday, May 22nd. The apparel retailer reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.44 by $0.03. Ross Stores had a net margin of 9.95% and a return on equity of 41.83%. The business had revenue of $4.98 billion during the quarter, compared to analysts’ expectations of $4.94 billion. During the same period in the previous year, the company earned $1.46 earnings per share. Ross Stores’s revenue for the quarter was up 2.6% on a year-over-year basis.

Ross Stores Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 10th will be issued a $0.405 dividend. This represents a $1.62 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend is Tuesday, June 10th. Ross Stores’s dividend payout ratio (DPR) is presently 25.59%.

Insider Buying and Selling at Ross Stores

In other news, COO Michael J. Hartshorn sold 7,492 shares of the company’s stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $127.69, for a total value of $956,653.48. Following the sale, the chief operating officer now owns 139,091 shares of the company’s stock, valued at approximately $17,760,529.79. This represents a 5.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO Karen Fleming sold 5,339 shares of the company’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $125.73, for a total transaction of $671,272.47. Following the completion of the sale, the chief marketing officer now directly owns 94,063 shares in the company, valued at approximately $11,826,540.99. The trade was a 5.37% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 34,398 shares of company stock valued at $4,439,950 in the last 90 days. 2.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Ross Stores

Large investors have recently made changes to their positions in the company. Hahn Capital Management LLC grew its holdings in shares of Ross Stores by 40.9% in the 4th quarter. Hahn Capital Management LLC now owns 74,059 shares of the apparel retailer’s stock worth $11,203,000 after purchasing an additional 21,500 shares during the last quarter. Baird Financial Group Inc. grew its holdings in shares of Ross Stores by 274.3% in the 4th quarter. Baird Financial Group Inc. now owns 20,466 shares of the apparel retailer’s stock worth $3,096,000 after purchasing an additional 14,998 shares during the last quarter. FMR LLC lifted its position in Ross Stores by 11.9% during the 4th quarter. FMR LLC now owns 7,620,083 shares of the apparel retailer’s stock worth $1,152,690,000 after buying an additional 807,850 shares in the last quarter. Sovran Advisors LLC acquired a new position in Ross Stores during the 4th quarter worth about $269,000. Finally, Oppenheimer & Co. Inc. lifted its position in Ross Stores by 22.6% during the 4th quarter. Oppenheimer & Co. Inc. now owns 2,847 shares of the apparel retailer’s stock worth $431,000 after buying an additional 524 shares in the last quarter. Institutional investors own 86.86% of the company’s stock.

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.