Ross Stores, Inc. (NASDAQ:ROST – Free Report) – Telsey Advisory Group raised their FY2025 earnings per share (EPS) estimates for shares of Ross Stores in a research report issued to clients and investors on Friday, November 22nd. Telsey Advisory Group analyst D. Telsey now anticipates that the apparel retailer will earn $6.17 per share for the year, up from their prior forecast of $6.13. Telsey Advisory Group has a “Market Perform” rating and a $175.00 price objective on the stock. The consensus estimate for Ross Stores’ current full-year earnings is $6.13 per share. Telsey Advisory Group also issued estimates for Ross Stores’ Q4 2025 earnings at $1.64 EPS, Q3 2026 earnings at $1.60 EPS and Q4 2026 earnings at $1.81 EPS.
Several other research firms have also recently weighed in on ROST. Guggenheim restated a “buy” rating and set a $180.00 target price on shares of Ross Stores in a research note on Friday. UBS Group raised their price objective on Ross Stores from $147.00 to $167.00 and gave the company a “neutral” rating in a research note on Friday, August 23rd. TD Cowen lowered their target price on Ross Stores from $185.00 to $177.00 and set a “buy” rating for the company in a research note on Tuesday, November 19th. Barclays increased their target price on shares of Ross Stores from $165.00 to $175.00 and gave the stock an “overweight” rating in a report on Friday, August 23rd. Finally, Wells Fargo & Company decreased their price target on shares of Ross Stores from $175.00 to $165.00 and set an “overweight” rating on the stock in a report on Thursday, November 14th. Five research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $171.69.
Ross Stores Price Performance
Ross Stores stock opened at $153.29 on Monday. The stock’s fifty day moving average price is $145.14 and its two-hundred day moving average price is $144.83. The firm has a market cap of $50.86 billion, a PE ratio of 24.14, a price-to-earnings-growth ratio of 2.44 and a beta of 1.09. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.57 and a quick ratio of 0.98. Ross Stores has a one year low of $127.53 and a one year high of $163.60.
Ross Stores (NASDAQ:ROST – Get Free Report) last issued its quarterly earnings data 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. Ross Stores had a return on equity of 41.83% and a net margin of 9.95%. The company had revenue of $5.10 billion during the quarter, compared to analysts’ expectations of $5.15 billion. During the same quarter in the previous year, the company posted $1.33 earnings per share. The business’s revenue was up 3.6% on a year-over-year basis.
Ross Stores Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th will be given a dividend of $0.3675 per share. The ex-dividend date is Tuesday, December 10th. This represents a $1.47 dividend on an annualized basis and a dividend yield of 0.96%. Ross Stores’s payout ratio is 23.15%.
Insiders Place Their Bets
In other Ross Stores 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 transaction of $1,302,084.24. Following the completion of the sale, the chief operating officer now directly owns 103,049 shares of the company’s stock, valued at $16,038,546.36. The trade was a 7.51 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Michael Balmuth sold 14,887 shares of the company’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $152.22, for a total transaction of $2,266,099.14. Following the completion of the sale, the chairman now directly owns 11,133 shares of the company’s stock, valued at approximately $1,694,665.26. This trade represents a 57.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.10% of the company’s stock.
Hedge Funds Weigh In On Ross Stores
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. PGGM Investments increased its position in shares of Ross Stores by 724.1% in the 2nd quarter. PGGM Investments now owns 24,848 shares of the apparel retailer’s stock valued at $3,611,000 after acquiring an additional 21,833 shares during the period. Diversified Trust Co raised its stake in shares of Ross Stores by 47.5% in the second quarter. Diversified Trust Co now owns 13,124 shares of the apparel retailer’s stock worth $1,907,000 after purchasing an additional 4,228 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Ross Stores by 42.1% during the first quarter. Janus Henderson Group PLC now owns 63,105 shares of the apparel retailer’s stock worth $9,260,000 after purchasing an additional 18,685 shares during the period. Legal & General Group Plc boosted its position in Ross Stores by 10.3% in the second quarter. Legal & General Group Plc now owns 2,737,042 shares of the apparel retailer’s stock valued at $397,747,000 after buying an additional 254,720 shares during the last quarter. Finally, Stephens Investment Management Group LLC increased its holdings in Ross Stores by 7.8% in the 3rd quarter. Stephens Investment Management Group LLC now owns 144,310 shares of the apparel retailer’s stock worth $21,720,000 after buying an additional 10,384 shares during the period. Hedge funds and other 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.
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