Telsey Advisory Group Estimates Ross Stores Q1 Earnings

Ross Stores, Inc. (NASDAQ:ROST) – Research analysts at Telsey Advisory Group issued their Q1 2027 earnings per share (EPS) estimates for shares of Ross Stores in a research report issued to clients and investors on Friday, May 16th. Telsey Advisory Group analyst D. Telsey anticipates that the apparel retailer will post earnings per share of $1.60 for the quarter. Telsey Advisory Group has a “Market Perform” rating and a $150.00 price target on the stock. The consensus estimate for Ross Stores’ current full-year earnings is $6.17 per share. Telsey Advisory Group also issued estimates for Ross Stores’ Q2 2027 earnings at $1.81 EPS, Q3 2027 earnings at $1.71 EPS and Q4 2027 earnings at $2.00 EPS.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings data on Tuesday, March 4th. The apparel retailer reported $1.79 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.14. Ross Stores had a return on equity of 41.83% and a net margin of 9.95%. The firm had revenue of $5.91 billion during the quarter, compared to analyst estimates of $5.95 billion.

A number of other brokerages have also commented on ROST. Barclays raised their price objective on Ross Stores from $150.00 to $157.00 and gave the stock an “overweight” rating in a research report on Monday, May 12th. Robert W. Baird decreased 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, March 5th. Citigroup upgraded Ross Stores from a “neutral” rating to a “buy” rating and set a $146.00 price objective for the company in a research report on Thursday, April 3rd. JPMorgan Chase & Co. decreased their price objective on Ross Stores from $166.00 to $161.00 and set an “overweight” rating for the company in a research report on Monday, April 14th. Finally, StockNews.com lowered Ross Stores from a “buy” rating to a “hold” rating in a report on Wednesday. Five investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $161.53.

Ross Stores Trading Down 0.0%

Shares of NASDAQ ROST opened at $154.24 on Monday. Ross Stores has a one year low of $122.36 and a one year high of $163.60. The firm has a market capitalization of $50.72 billion, a PE ratio of 24.29, a PEG ratio of 2.13 and a beta of 1.17. 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 business has a 50-day moving average price of $136.81 and a two-hundred day moving average price of $142.83.

Ross Stores Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Tuesday, March 18th were issued 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 1.05%. The ex-dividend date of this dividend was Tuesday, March 18th. Ross Stores’s payout ratio is 25.63%.

Insider Buying and Selling

In related news, Chairman Michael Balmuth sold 11,261 shares of the business’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $131.60, for a total value of $1,481,947.60. Following the completion of the sale, the chairman now directly owns 59,790 shares in the company, valued at approximately $7,868,364. The trade was a 15.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CMO Karen Sykes sold 5,036 shares of the business’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $130.48, for a total value of $657,097.28. Following the completion of the sale, the chief marketing officer now owns 110,365 shares of the company’s stock, valued at approximately $14,400,425.20. This trade represents a 4.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 34,398 shares of company stock worth $4,439,950. 2.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Ross Stores

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Focus Partners Wealth increased its position in Ross Stores by 6.6% in the 1st quarter. Focus Partners Wealth now owns 18,129 shares of the apparel retailer’s stock worth $2,317,000 after buying an additional 1,118 shares during the period. Bayforest Capital Ltd increased its position in Ross Stores by 372.5% in the 1st quarter. Bayforest Capital Ltd now owns 241 shares of the apparel retailer’s stock worth $31,000 after buying an additional 190 shares during the period. Optimize Financial Inc increased its position in Ross Stores by 53.0% in the 1st quarter. Optimize Financial Inc now owns 5,157 shares of the apparel retailer’s stock worth $659,000 after buying an additional 1,786 shares during the period. Woodline Partners LP increased its position in Ross Stores by 39.9% in the 1st quarter. Woodline Partners LP now owns 27,875 shares of the apparel retailer’s stock worth $3,562,000 after buying an additional 7,951 shares during the period. Finally, MBB Public Markets I LLC bought a new position in Ross Stores in the 1st quarter worth approximately $323,000. 86.86% of the stock is currently owned by institutional investors and hedge funds.

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.