FY2028 EPS Estimates for Ross Stores Decreased by Analyst

Ross Stores, Inc. (NASDAQ:ROST) – Equities researchers at Erste Group Bank cut their FY2028 earnings per share (EPS) estimates for Ross Stores in a report released on Thursday, June 25th. Erste Group Bank analyst H. Engel now forecasts that the apparel retailer will post earnings of $8.51 per share for the year, down from their prior forecast of $8.55. The consensus estimate for Ross Stores’ current full-year earnings is $7.74 per share.

Other equities analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $257.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. JPMorgan Chase & Co. raised their target price on shares of Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Telsey Advisory Group boosted their price target on Ross Stores from $240.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, May 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ross Stores in a research report on Wednesday, April 8th. Finally, UBS Group restated a “neutral” rating on shares of Ross Stores in a report on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $233.18.

Ross Stores Price Performance

Shares of Ross Stores stock opened at $211.90 on Thursday. Ross Stores has a twelve month low of $126.32 and a twelve month high of $242.81. The company has a 50-day simple moving average of $225.61 and a two-hundred day simple moving average of $208.85. The stock has a market capitalization of $67.97 billion, a price-to-earnings ratio of 29.60, a price-to-earnings-growth ratio of 2.39 and a beta of 0.87. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12.

Ross Stores (NASDAQ:ROST) last posted its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, beating the consensus estimate of $1.73 by $0.29. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The company had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the prior year, the business earned $1.47 earnings per share. The firm’s revenue for the quarter was up 20.6% on a year-over-year basis. Ross Stores has set its FY 2026 guidance at 7.500-7.740 EPS and its Q2 2026 guidance at 1.850-1.930 EPS.

Ross Stores Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were issued a dividend of $0.445 per share. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $1.78 annualized dividend and a dividend yield of 0.8%. Ross Stores’s payout ratio is presently 24.86%.

Institutional Investors Weigh In On Ross Stores

Institutional investors and hedge funds have recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Ross Stores by 7,000.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock worth $26,000 after buying an additional 140 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new position in Ross Stores in the fourth quarter worth $26,000. Bard Associates Inc. purchased a new position in Ross Stores in the fourth quarter worth $31,000. City Holding Co. increased its stake in Ross Stores by 1,080.0% in the fourth quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock valued at $32,000 after acquiring an additional 162 shares during the last quarter. Finally, Virtus Advisers LLC bought a new position in Ross Stores in the fourth quarter valued at $32,000. 86.86% of the stock is owned by hedge funds and other institutional investors.

Ross Stores Company Profile

Ross Stores, Inc (NASDAQ: ROST) is an American off‑price retailer headquartered in Dublin, California, that operates the Ross Dress for Less and dd’s DISCOUNTS store formats. The company sells a broad assortment of apparel, footwear, home fashions, accessories and other soft goods, positioning itself as a value-oriented destination for brand‑name and fashion merchandise at reduced prices.

Ross’s business model centers on opportunistic buying of excess inventory, closeouts, cancelled orders and overstocks from manufacturers, department stores and other suppliers.