Ross Stores, Inc. (NASDAQ:ROST – Free Report) – Stock analysts at Telsey Advisory Group boosted their FY2025 earnings per share (EPS) estimates for shares of Ross Stores in a research report issued on Friday, November 22nd. Telsey Advisory Group analyst D. Telsey now forecasts that the apparel retailer will post earnings of $6.17 per share for the year, up from their previous forecast of $6.13. Telsey Advisory Group currently has a “Market Perform” rating and a $175.00 price target 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.
A number of other research analysts have also weighed in on ROST. Bank of America raised their price objective on Ross Stores from $170.00 to $180.00 and gave the company a “buy” rating in a report on Friday, August 23rd. JPMorgan Chase & Co. raised their target price on shares of Ross Stores from $171.00 to $173.00 and gave the stock an “overweight” rating in a research note on Friday. Citigroup lowered Ross Stores from a “buy” rating to a “neutral” rating and dropped their price target for the company from $179.00 to $152.00 in a research report on Tuesday, November 12th. Wells Fargo & Company reduced their price objective on Ross Stores from $175.00 to $165.00 and set an “overweight” rating on the stock in a research report on Thursday, November 14th. Finally, Loop Capital upped their target price on Ross Stores from $170.00 to $190.00 and gave the company a “buy” rating in a report on Friday, August 23rd. Five investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $171.69.
Ross Stores Stock Performance
ROST opened at $153.29 on Monday. The firm’s fifty day simple moving average is $145.14 and its two-hundred day simple moving average is $144.83. Ross Stores has a 52-week low of $127.53 and a 52-week high of $163.60. The company has a market cap of $50.86 billion, a price-to-earnings ratio of 24.14, 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 (NASDAQ:ROST – Get Free Report) last announced its earnings results on Thursday, November 21st. The apparel retailer reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.07. Ross Stores had a return on equity of 41.83% and a net margin of 9.95%. The business had revenue of $5.10 billion during the quarter, compared to the consensus estimate of $5.15 billion. During the same period in the prior year, the company posted $1.33 EPS. The business’s quarterly revenue was up 3.6% on a year-over-year basis.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. University of Texas Texas AM Investment Management Co. purchased a new position in Ross Stores during the 2nd quarter worth $27,000. SJS Investment Consulting Inc. grew its holdings in shares of Ross Stores by 262.1% during the second quarter. SJS Investment Consulting Inc. now owns 210 shares of the apparel retailer’s stock worth $31,000 after buying an additional 152 shares during the last quarter. Industrial Alliance Investment Management Inc. purchased a new stake in Ross Stores during the 2nd quarter valued at approximately $32,000. Armstrong Advisory Group Inc. acquired a new stake in Ross Stores during the 3rd quarter worth approximately $33,000. Finally, Crewe Advisors LLC lifted its position in Ross Stores by 97.8% during the 2nd quarter. Crewe Advisors LLC now owns 275 shares of the apparel retailer’s stock worth $40,000 after acquiring an additional 136 shares during the period. 86.86% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Ross Stores
In related news, Chairman Michael Balmuth sold 14,887 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $152.22, for a total transaction of $2,266,099.14. Following the sale, the chairman now directly owns 11,133 shares in the company, valued at approximately $1,694,665.26. This represents a 57.21 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Michael J. Hartshorn sold 8,366 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were 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 in the company, valued at approximately $16,038,546.36. This trade represents a 7.51 % decrease in their position. The disclosure for this sale can be found here. 2.10% of the stock is currently owned by corporate insiders.
Ross Stores Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th will be given a $0.3675 dividend. The ex-dividend date is Tuesday, December 10th. This represents a $1.47 annualized dividend and a yield of 0.96%. Ross Stores’s dividend payout ratio 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.
Featured Articles
- Five stocks we like better than Ross Stores
- Top Biotech Stocks: Exploring Innovation Opportunities
- Abacus Life’s CEO on Cracking the Code of Longevity Returns
- Insider Trading – What You Need to Know
- Elon Musk and Trump Push for Self-Driving Cars: 3 Stocks to Gain
- Investing in Travel Stocks Benefits
- Discover the 3 Best Performing Stocks That Went Public in 2024
Receive News & Ratings for Ross Stores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ross Stores and related companies with MarketBeat.com's FREE daily email newsletter.