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

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

Ross Stores Price Performance

Shares of ROST opened at $138.64 on Thursday. 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 stock has a market capitalization of $45.74 billion, a PE ratio of 21.83, a PEG ratio of 2.13 and a beta of 1.10. The company has a 50 day moving average price of $146.03 and a 200-day moving average price of $147.64. 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 issued its quarterly earnings results on Tuesday, March 4th. The apparel retailer reported $1.79 earnings per share for the quarter, topping 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%. The business had revenue of $5.91 billion for the quarter, compared to analyst estimates of $5.95 billion. Equities analysts predict that Ross Stores will post 6.17 earnings per share for the current fiscal year.

Ross Stores Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Tuesday, March 18th will be given a dividend of $0.405 per share. This represents a $1.62 annualized dividend and a yield of 1.17%. The ex-dividend date of this dividend is Tuesday, March 18th. This is a positive change from Ross Stores’s previous quarterly dividend of $0.37. Ross Stores’s dividend payout ratio (DPR) is currently 23.15%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Morgan Stanley lowered their price objective on Ross Stores from $140.00 to $130.00 and set an “equal weight” rating on the stock in a report on Wednesday. StockNews.com cut Ross Stores from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Sanford C. Bernstein reiterated a “market perform” rating and set a $165.00 price target (down from $178.00) on shares of Ross Stores in a research report on Tuesday, January 7th. Telsey Advisory Group decreased their target price on Ross Stores from $175.00 to $150.00 and set a “market perform” rating on the stock in a research note on Wednesday. Finally, Wells Fargo & Company decreased their price target on shares of Ross Stores from $165.00 to $140.00 and set an “equal weight” rating for the company in a research report on Wednesday. Eight 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $162.12.

Ross Stores Company Profile

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.