Ross Stores (NASDAQ:ROST) Updates 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 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.

Analysts Set New Price Targets

Several research firms have commented on ROST. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $165.00 target price (down from $178.00) on shares of Ross Stores in a research note on Tuesday, January 7th. Guggenheim reaffirmed a “buy” rating and issued a $180.00 price objective on shares of Ross Stores in a research report on Friday, November 22nd. Citigroup downgraded Ross Stores from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $179.00 to $152.00 in a research report on Tuesday, November 12th. Wells Fargo & Company restated an “equal weight” rating and issued a $165.00 price target on shares of Ross Stores in a report on Friday, January 10th. Finally, TD Cowen decreased their target price 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 research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $169.06.

Ross Stores Stock Down 0.6 %

Shares of ROST stock traded down $0.84 on Tuesday, hitting $135.97. The stock had a trading volume of 4,013,330 shares, compared to its average volume of 2,405,167. The stock’s 50 day moving average is $146.56 and its 200-day moving average is $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. Ross Stores has a 52-week low of $127.53 and a 52-week high of $163.60. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.98 and a current ratio of 1.57.

Ross Stores (NASDAQ:ROST) last announced 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 return on equity of 41.83% and a net margin of 9.95%. As a group, research analysts expect that Ross Stores will post 6.17 earnings per share for the current 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.