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 Trading Down 0.6 %

Shares of ROST opened at $135.97 on Wednesday. The company has a current ratio of 1.57, a quick ratio of 0.98 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $44.86 billion, a P/E ratio of 21.41, a price-to-earnings-growth ratio of 2.13 and a beta of 1.10. The stock’s fifty day simple moving average is $146.27 and its 200 day simple moving average is $147.70. Ross Stores has a twelve month low of $127.53 and a twelve month high of $163.60.

Ross Stores (NASDAQ:ROST) last issued its earnings results on Tuesday, March 4th. The apparel retailer reported $1.79 earnings per share for the quarter, topping 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%. On average, equities research analysts forecast that Ross Stores will post 6.17 earnings per share for the current year.

Ross Stores Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Tuesday, March 18th will be given a $0.405 dividend. This is a positive change from Ross Stores’s previous quarterly dividend of $0.37. This represents a $1.62 annualized dividend and a yield of 1.19%. Ross Stores’s dividend payout ratio (DPR) is 23.15%.

Analyst Upgrades and Downgrades

Several research firms have commented on ROST. TD Cowen cut their price objective on Ross Stores from $185.00 to $177.00 and set a “buy” rating on the stock in a research report on Tuesday, November 19th. 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 report on Friday, November 22nd. Guggenheim reissued a “buy” rating and issued a $180.00 price objective on shares of Ross Stores in a research report on Friday, November 22nd. Wells Fargo & Company reissued an “equal weight” rating and issued a $165.00 price objective on shares of Ross Stores in a research report on Friday, January 10th. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $175.00 price objective on shares of Ross Stores in a research report on Monday, February 24th. Eight 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 company’s stock. According to data from MarketBeat, Ross Stores presently has an average 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.