Ross Stores (NASDAQ:ROST) Issues 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 (EPS) guidance of 1.330-1.470 for the period, compared to the consensus estimate of 1.530. The company issued revenue guidance of -. Ross Stores also updated its FY 2025 guidance to 5.950-6.550 EPS.

Wall Street Analysts Forecast Growth

ROST has been the topic of a number of research reports. Wells Fargo & Company reissued an “equal weight” rating and set a $165.00 price objective on shares of Ross Stores in a report on Friday, January 10th. Morgan Stanley reissued an “equal weight” rating and issued a $140.00 price target (down from $164.00) on shares of Ross Stores in a research note on Tuesday, January 21st. Evercore ISI raised their price objective on Ross Stores from $170.00 to $180.00 and gave the company an “outperform” rating in a research note on Friday, November 22nd. Citigroup lowered Ross Stores from a “buy” rating to a “neutral” rating and lowered their target price for the company from $179.00 to $152.00 in a research note on Tuesday, November 12th. Finally, TD Cowen decreased their price target on Ross Stores from $185.00 to $177.00 and set a “buy” rating on the stock in a research note on Tuesday, November 19th. Eight investment 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.com, Ross Stores currently has an average rating of “Moderate Buy” and an average target price of $169.06.

Ross Stores Trading Down 0.6 %

NASDAQ ROST traded down $0.84 during trading on Tuesday, hitting $135.97. The company had a trading volume of 4,013,330 shares, compared to its average volume of 2,405,167. The company’s fifty day moving average is $146.56 and its 200-day moving average is $147.78. The company has a market cap of $44.86 billion, a price-to-earnings ratio of 21.41, a price-to-earnings-growth ratio of 2.13 and a beta of 1.10. The company has a current ratio of 1.57, a quick ratio of 0.98 and a debt-to-equity ratio of 0.29. Ross Stores has a one year low of $127.53 and a one year high of $163.60.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings results on Tuesday, March 4th. The apparel retailer reported $1.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.65 by $0.14. Ross Stores had a net margin of 9.95% and a return on equity of 41.83%. On average, sell-side 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.