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

Ross Stores (NASDAQ:ROST) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 5.950-6.550 for the period, compared to the consensus earnings per share estimate of 6.680. The company issued revenue guidance of -. Ross Stores also updated its Q1 2025 guidance to 1.330-1.470 EPS.

Analyst Ratings Changes

ROST has been the topic of several research reports. Wells Fargo & Company restated an “equal weight” rating and issued a $165.00 price target on shares of Ross Stores in a report on Friday, January 10th. Guggenheim reissued a “buy” rating and issued a $180.00 target price on shares of Ross Stores in a research note on Friday, November 22nd. Citigroup lowered shares of 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. Morgan Stanley reiterated an “equal weight” rating and issued a $140.00 price target (down from $164.00) on shares of Ross Stores in a report on Tuesday, January 21st. Finally, Telsey Advisory Group restated a “market perform” rating and set a $175.00 price objective on shares of Ross Stores in a research note on Monday, February 24th. Eight investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $169.06.

Ross Stores Stock Down 0.6 %

Shares of ROST stock traded down $0.84 during mid-day trading on Tuesday, reaching $135.97. 4,069,740 shares of the company were exchanged, compared to its average volume of 2,442,898. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.98 and a current ratio of 1.57. The business’s 50 day simple moving average is $146.56 and its 200 day simple moving average is $147.78. The company has a market capitalization of $44.86 billion, a P/E ratio of 21.41, a P/E/G ratio of 2.13 and a beta of 1.10. Ross Stores has a fifty-two week low of $127.53 and a fifty-two week high of $163.60.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings data 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%. Research analysts predict that Ross Stores will post 6.17 earnings per share for the current year.

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.