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

Ross Stores (NASDAQ:ROST) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 5.950-6.550 for the period, compared to the consensus earnings per share 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 Stock Performance

NASDAQ:ROST traded down $0.84 during trading hours on Tuesday, reaching $135.97. 4,013,330 shares of the stock were exchanged, compared to its average volume of 2,405,167. The stock has a market capitalization of $44.86 billion, a P/E ratio of 21.41, a P/E/G ratio of 2.13 and a beta of 1.10. The firm has a 50 day simple moving average of $146.56 and a 200-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 has a 52 week low of $127.53 and a 52 week high of $163.60.

Ross Stores (NASDAQ:ROST) last released its earnings results on Tuesday, March 4th. The apparel retailer reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.14. Ross Stores had a net margin of 9.95% and a return on equity of 41.83%. As a group, sell-side analysts forecast that Ross Stores will post 6.17 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on ROST shares. Evercore ISI increased their price target on Ross Stores from $170.00 to $180.00 and gave the stock an “outperform” rating in a research report on Friday, November 22nd. Guggenheim reaffirmed a “buy” rating and issued a $180.00 target price on shares of Ross Stores in a research report on Friday, November 22nd. JPMorgan Chase & Co. boosted their price target on shares of Ross Stores from $171.00 to $173.00 and gave the company an “overweight” rating in a report on Friday, November 22nd. Citigroup lowered shares of Ross Stores from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $179.00 to $152.00 in a research report on Tuesday, November 12th. Finally, TD Cowen cut their price objective on shares of Ross Stores from $185.00 to $177.00 and set a “buy” rating on the stock in a research report on Tuesday, November 19th. Eight investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Ross Stores has a consensus rating of “Moderate Buy” and an average price target of $169.06.

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.