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

Ross Stores (NASDAQ:ROST) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.330-1.470 for the period, compared to the consensus earnings per share estimate of 1.530. The company issued revenue guidance of -. Ross Stores also updated its FY 2025 guidance to 5.950-6.550 EPS.

Analyst Ratings Changes

ROST has been the topic of a number of research analyst reports. Wells Fargo & Company restated an “equal weight” rating and set a $165.00 price target on shares of Ross Stores in a research report on Friday, January 10th. StockNews.com cut Ross Stores from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Morgan Stanley reaffirmed 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. Evercore ISI upped their price target on shares of Ross Stores from $170.00 to $180.00 and gave the stock an “outperform” rating in a research report on Friday, November 22nd. Finally, TD Cowen dropped their target price on shares of Ross Stores from $185.00 to $177.00 and set a “buy” rating for the company in a research note on Tuesday, November 19th. Eight analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Ross Stores currently has a consensus rating of “Moderate Buy” and an average target price of $169.06.

Ross Stores Trading Down 0.6 %

Shares of Ross Stores stock traded down $0.84 during 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 business has a 50-day moving average price of $146.56 and a 200-day moving average price of $147.78. The firm has a market capitalization of $44.86 billion, a price-to-earnings ratio of 21.41, a P/E/G ratio of 2.13 and a beta of 1.10. 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.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings results on Tuesday, March 4th. The apparel retailer reported $1.79 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%. Sell-side analysts anticipate that Ross Stores will post 6.17 EPS for the current fiscal year.

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.