Analysts Offer Predictions for Ross Stores Q2 Earnings

Ross Stores, Inc. (NASDAQ:ROST - Free Report) - Investment analysts at Telsey Advisory Group lowered their Q2 2026 EPS estimates for shares of Ross Stores in a research note issued on Friday, May 23rd. Telsey Advisory Group analyst D. Telsey now forecasts that the apparel retailer will earn $1.55 per share for the quarter, down from their prior forecast of $1.66. Telsey Advisory Group has a "Market Perform" rating and a $150.00 price objective 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' Q3 2026 earnings at $1.50 EPS, Q4 2026 earnings at $1.75 EPS, FY2026 earnings at $6.26 EPS, Q1 2027 earnings at $1.62 EPS, Q2 2027 earnings at $1.69 EPS, Q3 2027 earnings at $1.63 EPS, Q4 2027 earnings at $1.89 EPS and FY2027 earnings at $6.84 EPS.

Ross Stores (NASDAQ:ROST - Get Free Report) last posted its earnings results on Thursday, May 22nd. The apparel retailer reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.03. The business had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.94 billion. Ross Stores had a net margin of 9.95% and a return on equity of 41.83%. The firm's quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.46 EPS.

ROST has been the subject of several other research reports. Evercore ISI lowered their price objective on shares of Ross Stores from $170.00 to $160.00 and set an "outperform" rating for the company in a research report on Friday, May 23rd. Loop Capital cut their target price on Ross Stores from $175.00 to $170.00 and set a "buy" rating on the stock in a research note on Friday, May 23rd. UBS Group reduced their price objective on shares of Ross Stores from $168.00 to $163.00 and set a "neutral" rating for the company in a research note on Wednesday, March 5th. Barclays lowered their price target on Ross Stores from $157.00 to $156.00 and set an "overweight" rating on the stock in a research report on Friday, May 23rd. Finally, Citigroup upgraded Ross Stores from a "neutral" rating to a "buy" rating and set a $146.00 price objective on the stock in a research report on Thursday, April 3rd. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $158.67.

Ross Stores Trading Down 0.0%

ROST stock traded down $0.05 during midday trading on Monday, reaching $138.88. The stock had a trading volume of 307,361 shares, compared to its average volume of 3,105,621. Ross Stores has a twelve month low of $122.36 and a twelve month high of $163.60. The business has a fifty day simple moving average of $139.27 and a two-hundred day simple moving average of $142.88. 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 cap of $45.67 billion, a price-to-earnings ratio of 21.89, a PEG ratio of 2.13 and a beta of 1.17.

Ross Stores Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 10th will be paid a dividend of $0.405 per share. This represents a $1.62 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date is Tuesday, June 10th. Ross Stores's dividend payout ratio is 25.59%.

Insider Activity at Ross Stores

In other Ross Stores news, CMO Karen Fleming sold 5,270 shares of the company's stock in a transaction dated Monday, March 31st. The stock was sold at an average price of $127.70, for a total value of $672,979.00. Following the completion of the sale, the chief marketing officer now owns 93,126 shares in the company, valued at $11,892,190.20. This represents a 5.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Michael J. Hartshorn sold 7,492 shares of the firm's stock in a transaction on Monday, March 24th. The shares were sold at an average price of $127.69, for a total transaction of $956,653.48. Following the sale, the chief operating officer now owns 139,091 shares in the company, valued at $17,760,529.79. The trade was a 5.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 34,398 shares of company stock valued at $4,439,950 in the last 90 days. Corporate insiders own 2.20% of the company's stock.

Institutional Investors Weigh In On Ross Stores

Hedge funds have recently bought and sold shares of the business. ICW Investment Advisors LLC raised its stake in shares of Ross Stores by 0.4% in the first quarter. ICW Investment Advisors LLC now owns 18,458 shares of the apparel retailer's stock valued at $2,359,000 after acquiring an additional 67 shares during the period. CreativeOne Wealth LLC lifted its holdings in shares of Ross Stores by 3.8% in the 1st quarter. CreativeOne Wealth LLC now owns 1,932 shares of the apparel retailer's stock worth $247,000 after buying an additional 70 shares during the period. Golden State Wealth Management LLC increased its stake in shares of Ross Stores by 50.7% during the first quarter. Golden State Wealth Management LLC now owns 217 shares of the apparel retailer's stock valued at $28,000 after buying an additional 73 shares during the period. Forum Financial Management LP grew its holdings in Ross Stores by 5.3% during the 4th quarter. Forum Financial Management LP now owns 1,474 shares of the apparel retailer's stock worth $223,000 after acquiring an additional 74 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its position in Ross Stores by 6.1% during the 1st quarter. First Horizon Advisors Inc. now owns 1,280 shares of the apparel retailer's stock valued at $164,000 after acquiring an additional 74 shares in the last quarter. Hedge funds and other institutional investors own 86.86% of the company's stock.

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.