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 earnings per share guidance of 1.330-1.470 for the period, compared to the consensus earnings per share 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 Down 0.6 %

Shares of NASDAQ ROST opened at $135.97 on Wednesday. The company’s fifty day moving average is $146.27 and its 200-day moving average is $147.70. The stock has a market cap 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 twelve month low of $127.53 and a twelve month 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.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings results on Tuesday, March 4th. The apparel retailer reported $1.79 earnings per share for the quarter, topping analysts’ consensus estimates of $1.65 by $0.14. Ross Stores had a net margin of 9.95% and a return on equity of 41.83%. Equities research analysts predict that Ross Stores will post 6.17 EPS for the current year.

Ross Stores Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 18th will be given a dividend of $0.405 per share. This represents a $1.62 dividend on an annualized basis and a dividend yield of 1.19%. This is a boost from Ross Stores’s previous quarterly dividend of $0.37. Ross Stores’s dividend payout ratio (DPR) is currently 23.15%.

Analyst Upgrades and Downgrades

ROST has been the topic of several research reports. Citigroup cut shares of Ross Stores from a “buy” rating to a “neutral” rating and cut their price objective for the company from $179.00 to $152.00 in a research report on Tuesday, November 12th. 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. Wells Fargo & Company reiterated an “equal weight” rating and issued a $165.00 price target on shares of Ross Stores in a research note on Friday, January 10th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $165.00 price target (down from $178.00) on shares of Ross Stores in a research note on Tuesday, January 7th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $140.00 price target (down from $164.00) on shares of Ross Stores in a research note on Tuesday, January 21st. 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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.