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 (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 Up 2.0 %

Ross Stores stock opened at $138.64 on Thursday. Ross Stores has a 52-week low of $127.53 and a 52-week high of $163.60. The company has a quick ratio of 0.98, a current ratio of 1.57 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $45.74 billion, a price-to-earnings ratio of 21.83, a PEG ratio of 2.13 and a beta of 1.10. The firm has a 50-day moving average price of $146.03 and a two-hundred day moving average price of $147.64.

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, topping 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%. The firm had revenue of $5.91 billion for the quarter, compared to analyst estimates of $5.95 billion. Sell-side analysts expect that Ross Stores will post 6.17 earnings per share 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 yield of 1.17%. The ex-dividend date of this dividend is Tuesday, March 18th. This is a positive change from Ross Stores’s previous quarterly dividend of $0.37. Ross Stores’s dividend payout ratio (DPR) is presently 23.15%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Ross Stores from $171.00 to $173.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. Evercore ISI decreased their price target on Ross Stores from $175.00 to $170.00 and set an “outperform” rating on the stock in a research report on Wednesday. Guggenheim reissued a “buy” rating and issued a $180.00 price target on shares of Ross Stores in a report on Friday, November 22nd. Wells Fargo & Company dropped their price objective on Ross Stores from $165.00 to $140.00 and set an “equal weight” rating for the company in a report on Wednesday. Finally, Robert W. Baird cut their price target on Ross Stores from $175.00 to $160.00 and set an “outperform” rating on the stock in a research note on Wednesday. Eight equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $162.12.

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.