Ross Stores, Inc. (NASDAQ:ROST – Free Report) – Stock analysts at William Blair lifted their FY2025 earnings per share (EPS) estimates for shares of Ross Stores in a report issued on Thursday, November 21st. William Blair analyst D. Carden now forecasts that the apparel retailer will earn $6.15 per share for the year, up from their prior forecast of $6.09. The consensus estimate for Ross Stores’ current full-year earnings is $6.13 per share. William Blair also issued estimates for Ross Stores’ Q4 2025 earnings at $1.62 EPS, Q3 2026 earnings at $1.58 EPS, Q4 2026 earnings at $1.75 EPS and FY2026 earnings at $6.64 EPS.
A number of other equities research analysts have also commented on ROST. UBS Group upped their price target on Ross Stores from $147.00 to $167.00 and gave the company a “neutral” rating in a research report on Friday, August 23rd. Citigroup cut Ross Stores from a “buy” rating to a “neutral” rating and reduced their target price for the company from $179.00 to $152.00 in a report on Tuesday, November 12th. JPMorgan Chase & Co. increased their target price on shares of Ross Stores from $171.00 to $173.00 and gave the company an “overweight” rating in a research report on Friday, November 22nd. Guggenheim restated a “buy” rating and issued a $180.00 price target on shares of Ross Stores in a research report on Friday, November 22nd. Finally, Bank of America increased their price objective on shares of Ross Stores from $170.00 to $180.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd. Five research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $171.69.
Ross Stores Stock Performance
NASDAQ ROST opened at $154.38 on Monday. The company has a market capitalization of $51.22 billion, a price-to-earnings ratio of 24.31, a PEG ratio of 2.44 and a beta of 1.09. 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 has a twelve month low of $127.53 and a twelve month high of $163.60. The stock has a fifty day simple moving average of $145.22 and a 200 day simple moving average of $144.98.
Ross Stores (NASDAQ:ROST – Get Free Report) last posted its earnings results on Thursday, November 21st. The apparel retailer reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.07. The firm had revenue of $5.10 billion for the quarter, compared to analyst estimates of $5.15 billion. Ross Stores had a net margin of 9.95% and a return on equity of 41.83%. The company’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.33 EPS.
Institutional Investors Weigh In On Ross Stores
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Peapack Gladstone Financial Corp grew its position in Ross Stores by 1.8% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 3,910 shares of the apparel retailer’s stock worth $588,000 after purchasing an additional 70 shares in the last quarter. Wilmington Savings Fund Society FSB boosted its stake in shares of Ross Stores by 231.1% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,161 shares of the apparel retailer’s stock worth $1,228,000 after buying an additional 5,696 shares during the last quarter. Arvest Bank Trust Division bought a new position in shares of Ross Stores in the third quarter valued at approximately $244,000. Sanctuary Advisors LLC increased its position in shares of Ross Stores by 24.6% during the third quarter. Sanctuary Advisors LLC now owns 20,307 shares of the apparel retailer’s stock valued at $2,967,000 after acquiring an additional 4,008 shares during the last quarter. Finally, SkyView Investment Advisors LLC lifted its holdings in Ross Stores by 3.8% during the third quarter. SkyView Investment Advisors LLC now owns 17,772 shares of the apparel retailer’s stock worth $2,675,000 after acquiring an additional 649 shares during the period. 86.86% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In related news, Chairman Michael Balmuth sold 14,887 shares of the firm’s stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $152.22, for a total value of $2,266,099.14. Following the transaction, the chairman now 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Michael J. Hartshorn sold 8,366 shares of Ross Stores stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $155.64, for a total value of $1,302,084.24. Following the transaction, the chief operating officer now owns 103,049 shares of the company’s stock, valued at $16,038,546.36. This trade represents a 7.51 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.10% of the company’s stock.
Ross Stores Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th will be paid a $0.3675 dividend. The ex-dividend date is Tuesday, December 10th. This represents a $1.47 dividend on an annualized basis and a yield of 0.95%. Ross Stores’s dividend payout ratio (DPR) is presently 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.
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