Q1 EPS Estimates for Ross Stores Decreased by Zacks Research

Ross Stores, Inc. (NASDAQ:ROST) – Zacks Research cut their Q1 2026 earnings per share (EPS) estimates for shares of Ross Stores in a report issued on Thursday, March 13th. Zacks Research analyst R. Lohia now forecasts that the apparel retailer will post earnings of $1.42 per share for the quarter, down from their prior estimate of $1.54. The consensus estimate for Ross Stores’ current full-year earnings is $6.17 per share. Zacks Research also issued estimates for Ross Stores’ Q2 2026 earnings at $1.62 EPS, Q3 2026 earnings at $1.54 EPS, Q4 2026 earnings at $1.80 EPS, FY2026 earnings at $6.38 EPS, Q1 2027 earnings at $1.54 EPS, Q2 2027 earnings at $1.79 EPS, Q3 2027 earnings at $1.69 EPS, Q4 2027 earnings at $1.90 EPS, FY2027 earnings at $6.91 EPS and FY2028 earnings at $7.17 EPS.

A number of other research firms have also commented on ROST. Sanford C. Bernstein reiterated a “market perform” rating and issued a $165.00 price target (down previously from $178.00) on shares of Ross Stores in a research report on Tuesday, January 7th. Barclays set a $150.00 price objective on Ross Stores in a research note on Wednesday, March 5th. BMO Capital Markets dropped their price objective on Ross Stores from $168.00 to $156.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 5th. Wells Fargo & Company reissued a “negative” rating on shares of Ross Stores in a research note on Wednesday, March 5th. Finally, UBS Group dropped their price objective on Ross Stores from $168.00 to $163.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 5th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $161.40.

Ross Stores Trading Down 1.5 %

NASDAQ ROST opened at $123.71 on Monday. The business’s 50-day moving average price is $141.70 and its two-hundred day moving average price is $146.15. Ross Stores has a 12 month low of $122.77 and a 12 month high of $163.60. The firm has a market capitalization of $40.82 billion, a PE ratio of 19.48, a price-to-earnings-growth ratio of 2.13 and a beta of 1.15. The company has a current ratio of 1.57, a quick ratio of 0.98 and a debt-to-equity ratio of 0.29.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings results on Tuesday, March 4th. The apparel retailer reported $1.79 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $5.95 billion.

Ross Stores Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 18th will be 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 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date of this dividend is Tuesday, March 18th. Ross Stores’s dividend payout ratio (DPR) is presently 25.63%.

Hedge Funds Weigh In On Ross Stores

A number of large investors have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD boosted its holdings in shares of Ross Stores by 25.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 19,515,891 shares of the apparel retailer’s stock worth $2,952,170,000 after acquiring an additional 3,995,760 shares during the period. State Street Corp boosted its holdings in shares of Ross Stores by 0.5% in the third quarter. State Street Corp now owns 14,137,281 shares of the apparel retailer’s stock worth $2,127,802,000 after acquiring an additional 67,861 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Ross Stores by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 8,287,162 shares of the apparel retailer’s stock worth $1,250,423,000 after acquiring an additional 135,117 shares during the period. FMR LLC boosted its holdings in shares of Ross Stores by 11.9% in the fourth quarter. FMR LLC now owns 7,620,083 shares of the apparel retailer’s stock worth $1,152,690,000 after acquiring an additional 807,850 shares during the period. Finally, Norges Bank bought a new position in shares of Ross Stores in the fourth quarter worth $649,318,000. 86.86% of the stock is owned by institutional investors.

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.