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

Ross Stores (NASDAQ:ROST) updated its first quarter 2025 earnings guidance on Tuesday. 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.

Ross Stores Stock Down 0.6 %

Shares of ROST stock traded down $0.84 during trading hours on Tuesday, hitting $135.97. 4,013,330 shares of the company’s stock traded hands, compared to its average volume of 2,405,167. The company has a quick ratio of 0.98, a current ratio of 1.57 and a debt-to-equity ratio of 0.29. The stock’s fifty day simple moving average is $146.56 and its two-hundred day simple moving average is $147.78. Ross Stores has a 12-month low of $127.53 and a 12-month high of $163.60. The stock has a market cap of $44.86 billion, a price-to-earnings ratio of 21.41, a PEG ratio of 2.13 and a beta of 1.10.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings data on Tuesday, March 4th. The apparel retailer reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.14. Ross Stores had a return on equity of 41.83% and a net margin of 9.95%. On average, analysts expect that Ross Stores will post 6.17 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Wells Fargo & Company reissued an “equal weight” rating and set a $165.00 price target on shares of Ross Stores in a research report on Friday, January 10th. TD Cowen reduced their target price on Ross Stores from $185.00 to $177.00 and set a “buy” rating for the company in a report on Tuesday, November 19th. StockNews.com downgraded Ross Stores from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Citigroup downgraded Ross Stores from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $179.00 to $152.00 in a report on Tuesday, November 12th. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $165.00 target price (down previously from $178.00) on shares of Ross Stores in a research note on Tuesday, January 7th. Eight equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $169.06.

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.