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

Ross Stores Trading Up 2.0 %

Shares of ROST stock opened at $138.64 on Thursday. The business’s 50 day moving average is $146.03 and its two-hundred day moving average is $147.64. 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 12 month low of $127.53 and a 12 month high of $163.60. The company has a market cap of $45.74 billion, a PE ratio of 21.83, a price-to-earnings-growth ratio of 2.13 and a beta of 1.10.

Ross Stores (NASDAQ:ROST) last posted its 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. The business had revenue of $5.91 billion for the quarter, compared to analyst estimates of $5.95 billion. Ross Stores had a net margin of 9.95% and a return on equity of 41.83%. Equities analysts predict that Ross Stores will post 6.17 EPS for the current year.

Ross Stores Increases Dividend

The firm also recently disclosed 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 dividend yield of 1.17%. The ex-dividend date is Tuesday, March 18th. This is a boost from Ross Stores’s previous quarterly dividend of $0.37. Ross Stores’s payout ratio is currently 23.15%.

Analyst Ratings Changes

ROST has been the subject of a number of research reports. UBS Group reduced their price target on shares of Ross Stores from $168.00 to $163.00 and set a “neutral” rating for the company in a report on Wednesday. Telsey Advisory Group reduced their target price on shares of Ross Stores from $175.00 to $150.00 and set a “market perform” rating for the company in a research note on Wednesday. JPMorgan Chase & Co. boosted their price target on Ross Stores from $171.00 to $173.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. Robert W. Baird reduced their price objective on Ross Stores from $175.00 to $160.00 and set an “outperform” rating for the company in a research report on Wednesday. Finally, Guggenheim reissued a “buy” rating and set a $180.00 price objective on shares of Ross Stores in a report on Friday, November 22nd. Eight equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average 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.