Ross Stores, Inc. (NASDAQ:ROST - Free Report) - Equities research analysts at William Blair dropped their Q2 2026 earnings per share estimates for Ross Stores in a research report issued on Friday, May 23rd. William Blair analyst D. Carden now anticipates that the apparel retailer will post earnings of $1.49 per share for the quarter, down from their prior forecast of $1.64. The consensus estimate for Ross Stores' current full-year earnings is $6.17 per share. William Blair also issued estimates for Ross Stores' Q3 2026 earnings at $1.41 EPS, Q4 2026 earnings at $1.60 EPS, FY2026 earnings at $5.96 EPS, Q1 2027 earnings at $1.63 EPS, Q2 2027 earnings at $1.68 EPS, Q3 2027 earnings at $1.66 EPS, Q4 2027 earnings at $1.82 EPS and FY2027 earnings at $6.79 EPS.
Ross Stores (NASDAQ:ROST - Get Free Report) last posted its quarterly earnings data on Thursday, May 22nd. The apparel retailer reported $1.47 EPS for the quarter, topping analysts' consensus estimates of $1.44 by $0.03. Ross Stores had a return on equity of 41.83% and a net margin of 9.95%. The company had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.94 billion. During the same period in the previous year, the firm earned $1.46 earnings per share. The firm's quarterly revenue was up 2.6% on a year-over-year basis.
Several other equities research analysts also recently commented on ROST. UBS Group decreased their price objective on Ross Stores from $168.00 to $163.00 and set a "neutral" rating for the company in a report on Wednesday, March 5th. BMO Capital Markets decreased their price objective on Ross Stores from $168.00 to $156.00 and set an "outperform" rating for the company in a report on Wednesday, March 5th. Loop Capital decreased their price objective on Ross Stores from $175.00 to $170.00 and set a "buy" rating for the company in a report on Friday, May 23rd. Evercore ISI decreased their price objective on Ross Stores from $170.00 to $160.00 and set an "outperform" rating for the company in a report on Friday, May 23rd. Finally, Morgan Stanley decreased their price objective on Ross Stores from $128.00 to $126.00 and set an "equal weight" rating for the company in a report on Friday, May 23rd. Five analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Ross Stores currently has an average rating of "Moderate Buy" and an average price target of $158.67.
Get Our Latest Stock Report on Ross Stores
Ross Stores Trading Down 0.3%
ROST traded down $0.46 during trading on Monday, hitting $139.24. The company's stock had a trading volume of 1,920,839 shares, compared to its average volume of 2,701,835. Ross Stores has a twelve month low of $122.36 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. The stock's fifty day moving average price is $139.07 and its 200-day moving average price is $142.90. The firm has a market capitalization of $45.78 billion, a P/E ratio of 21.92, a PEG ratio of 2.13 and a beta of 1.17.
Institutional Trading of Ross Stores
A number of institutional investors have recently added to or reduced their stakes in ROST. Janney Montgomery Scott LLC lifted its holdings in Ross Stores by 10.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 44,822 shares of the apparel retailer's stock worth $6,780,000 after purchasing an additional 4,334 shares in the last quarter. CX Institutional lifted its holdings in Ross Stores by 12.9% during the 4th quarter. CX Institutional now owns 2,578 shares of the apparel retailer's stock worth $390,000 after purchasing an additional 295 shares in the last quarter. Exchange Traded Concepts LLC lifted its holdings in Ross Stores by 5.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 10,086 shares of the apparel retailer's stock worth $1,526,000 after purchasing an additional 556 shares in the last quarter. Fifth Third Bancorp lifted its holdings in Ross Stores by 11.2% during the 4th quarter. Fifth Third Bancorp now owns 19,644 shares of the apparel retailer's stock worth $2,972,000 after purchasing an additional 1,979 shares in the last quarter. Finally, Linden Thomas Advisory Services LLC raised its holdings in shares of Ross Stores by 5.8% in the 4th quarter. Linden Thomas Advisory Services LLC now owns 6,385 shares of the apparel retailer's stock valued at $966,000 after acquiring an additional 348 shares in the last quarter. Hedge funds and other institutional investors own 86.86% of the company's stock.
Insider Buying and Selling at Ross Stores
In other news, CMO Karen Sykes sold 5,036 shares of the company's stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $130.48, for a total transaction of $657,097.28. Following the transaction, the chief marketing officer now owns 110,365 shares of the company's stock, valued at $14,400,425.20. This represents a 4.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Michael Balmuth sold 11,261 shares of the stock in a transaction dated 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 sale, the chairman now directly owns 59,790 shares in the company, valued at $7,868,364. This trade represents a 15.85% decrease in their position. The disclosure for this sale can be found here. Insiders sold 34,398 shares of company stock worth $4,439,950 in the last quarter. 2.20% of the stock is currently owned by company insiders.
Ross Stores Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 10th will be paid a $0.405 dividend. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a $1.62 dividend on an annualized basis and a yield of 1.16%. Ross Stores's dividend payout ratio (DPR) is presently 25.59%.
About Ross Stores
(
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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.
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