Zacks Research Increases Earnings Estimates for Ross Stores

Ross Stores, Inc. (NASDAQ:ROST) – Stock analysts at Zacks Research lifted their FY2026 EPS estimates for shares of Ross Stores in a research note issued to investors on Wednesday, December 3rd. Zacks Research analyst Team now forecasts that the apparel retailer will post earnings of $6.46 per share for the year, up from their previous forecast of $6.15. The consensus estimate for Ross Stores’ current full-year earnings is $6.17 per share. Zacks Research also issued estimates for Ross Stores’ Q1 2027 earnings at $1.57 EPS, Q3 2027 earnings at $1.71 EPS, Q1 2028 earnings at $1.66 EPS, Q2 2028 earnings at $1.79 EPS, Q3 2028 earnings at $1.77 EPS and FY2028 earnings at $7.34 EPS.

Ross Stores (NASDAQ:ROST) last issued its earnings results on Thursday, November 20th. The apparel retailer reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.20. The business had revenue of $5.60 billion during the quarter, compared to analysts’ expectations of $5.38 billion. Ross Stores had a net margin of 9.47% and a return on equity of 37.21%. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.48 earnings per share. Ross Stores has set its FY 2025 guidance at 6.380-6.46 EPS and its Q4 2025 guidance at 1.770-1.85 EPS.

Other equities research analysts have also issued reports about the company. Telsey Advisory Group upped their price target on Ross Stores from $160.00 to $175.00 and gave the company a “market perform” rating in a research report on Friday, November 21st. Erste Group Bank started coverage on Ross Stores in a report on Friday, October 31st. They issued a “buy” rating for the company. JPMorgan Chase & Co. raised their target price on Ross Stores from $188.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, November 21st. Cowen reiterated a “buy” rating on shares of Ross Stores in a report on Thursday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Ross Stores in a report on Tuesday, October 14th. Fourteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $180.00.

Ross Stores Stock Up 0.4%

ROST stock opened at $177.87 on Monday. The company has a market cap of $57.85 billion, a price-to-earnings ratio of 27.79, a PEG ratio of 3.91 and a beta of 1.03. The company has a current ratio of 1.58, a quick ratio of 0.98 and a debt-to-equity ratio of 0.18. Ross Stores has a 12 month low of $122.36 and a 12 month high of $179.05. The firm has a 50-day moving average of $161.57 and a two-hundred day moving average of $147.79.

Ross Stores Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 9th will be paid a $0.405 dividend. This represents a $1.62 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Tuesday, December 9th. Ross Stores’s dividend payout ratio is 25.31%.

Insider Activity

In related news, CMO Karen Fleming sold 2,932 shares of the business’s stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $149.09, for a total value of $437,131.88. Following the sale, the chief marketing officer directly owned 88,335 shares in the company, valued at approximately $13,169,865.15. The trade was a 3.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO James Grant Conroy sold 39,351 shares of the stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $146.00, for a total transaction of $5,745,246.00. Following the transaction, the chief executive officer directly owned 157,153 shares of the company’s stock, valued at approximately $22,944,338. This trade represents a 20.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 48,720 shares of company stock valued at $7,154,172 in the last quarter. Insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Ross Stores

Institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in Ross Stores by 14.8% in the 2nd quarter. Vanguard Group Inc. now owns 39,182,660 shares of the apparel retailer’s stock valued at $4,998,924,000 after purchasing an additional 5,060,954 shares during the last quarter. State Street Corp grew its stake in shares of Ross Stores by 0.4% in the second quarter. State Street Corp now owns 13,974,551 shares of the apparel retailer’s stock valued at $1,782,873,000 after buying an additional 61,168 shares in the last quarter. Primecap Management Co. CA raised its holdings in shares of Ross Stores by 0.5% in the 2nd quarter. Primecap Management Co. CA now owns 10,268,700 shares of the apparel retailer’s stock valued at $1,310,081,000 after buying an additional 51,765 shares during the period. Bank of America Corp DE raised its holdings in shares of Ross Stores by 1.9% in the 3rd quarter. Bank of America Corp DE now owns 9,762,583 shares of the apparel retailer’s stock valued at $1,487,720,000 after buying an additional 180,182 shares during the period. Finally, Geode Capital Management LLC lifted its stake in Ross Stores by 1.6% during the 2nd quarter. Geode Capital Management LLC now owns 8,673,823 shares of the apparel retailer’s stock worth $1,102,077,000 after acquiring an additional 133,005 shares in the last quarter. 86.86% of the stock is owned by hedge funds and other institutional investors.

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.