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 earnings per share (EPS) guidance of 5.950-6.550 for the period, compared to the consensus 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 NASDAQ ROST traded down $0.84 during midday trading on Tuesday, hitting $135.97. The company had a trading volume of 4,069,740 shares, compared to its average volume of 2,442,898. The firm has a market capitalization 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. Ross Stores has a twelve month low of $127.53 and a twelve month high of $163.60. The business has a 50-day simple moving average of $146.56 and a two-hundred day simple moving average of $147.78. 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) last posted its quarterly earnings results 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 net margin of 9.95% and a return on equity of 41.83%. Equities research analysts anticipate that Ross Stores will post 6.17 earnings per share for the current year.

Analyst Upgrades and Downgrades

ROST has been the subject of a number of research analyst reports. StockNews.com cut Ross Stores from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Citigroup downgraded shares of Ross Stores from a “buy” rating to a “neutral” rating and dropped their target price for the company from $179.00 to $152.00 in a report on Tuesday, November 12th. Guggenheim reaffirmed a “buy” rating and issued a $180.00 price target on shares of Ross Stores in a report on Friday, November 22nd. JPMorgan Chase & Co. increased their price target on shares of Ross Stores from $171.00 to $173.00 and gave the company an “overweight” rating in a research report on Friday, November 22nd. Finally, Evercore ISI lifted their price objective on Ross Stores from $170.00 to $180.00 and gave the stock an “outperform” rating in a research report on Friday, November 22nd. Eight equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Ross Stores has a consensus rating of “Moderate Buy” and a consensus 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.