Ross Stores (NASDAQ:ROST) Issues Q1 2025 Earnings Guidance

Ross Stores (NASDAQ:ROST) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.330-1.470 for the period, compared to the consensus EPS estimate of 1.530. The company issued revenue guidance of -. Ross Stores also updated its FY 2025 guidance to 5.950-6.550 EPS.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on ROST shares. Evercore ISI reduced their price target on shares of Ross Stores from $175.00 to $170.00 and set an “outperform” rating on the stock in a research report on Wednesday. Telsey Advisory Group dropped their target price on shares of Ross Stores from $175.00 to $150.00 and set a “market perform” rating for the company in a research note on Wednesday. Citigroup cut shares of Ross Stores from a “buy” rating to a “neutral” rating and decreased their price target for the company from $179.00 to $152.00 in a research note on Tuesday, November 12th. TD Cowen dropped their price objective on shares of Ross Stores from $185.00 to $177.00 and set a “buy” rating for the company in a research report on Tuesday, November 19th. Finally, Guggenheim reaffirmed a “buy” rating and set a $180.00 price objective on shares of Ross Stores in a report on Friday, November 22nd. Eight analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Ross Stores currently has an average rating of “Moderate Buy” and an average target price of $162.12.

Ross Stores Stock Performance

Shares of NASDAQ:ROST opened at $138.64 on Thursday. The firm’s 50 day simple moving average is $146.03 and its 200 day simple moving average is $147.64. Ross Stores has a fifty-two week low of $127.53 and a fifty-two week high of $163.60. The company has a market capitalization of $45.74 billion, a price-to-earnings ratio of 21.83, a P/E/G ratio of 2.13 and a beta of 1.10. 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 (NASDAQ:ROST) last posted its earnings results on Tuesday, March 4th. The apparel retailer reported $1.79 earnings per share 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 analyst estimates of $5.95 billion. As a group, sell-side analysts forecast that Ross Stores will post 6.17 earnings per share for the current year.

Ross Stores Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Tuesday, March 18th will be issued a $0.405 dividend. This is an increase from Ross Stores’s previous quarterly dividend of $0.37. This represents a $1.62 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend is Tuesday, March 18th. Ross Stores’s dividend payout ratio is 23.15%.

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.