Q2 EPS Estimates for Ross Stores Raised by Zacks Research

Ross Stores, Inc. (NASDAQ:ROST) – Investment analysts at Zacks Research boosted their Q2 2027 earnings per share estimates for Ross Stores in a research report issued to clients and investors on Thursday, June 4th. Zacks Research analyst Team now forecasts that the apparel retailer will post earnings per share of $1.86 for the quarter, up from their prior forecast of $1.78. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Ross Stores’ current full-year earnings is $7.75 per share. Zacks Research also issued estimates for Ross Stores’ FY2027 earnings at $7.64 EPS, Q1 2028 earnings at $1.98 EPS, Q2 2028 earnings at $2.07 EPS, Q3 2028 earnings at $1.93 EPS, FY2028 earnings at $8.33 EPS, Q1 2029 earnings at $2.15 EPS and FY2029 earnings at $8.89 EPS.

Several other equities analysts have also issued reports on the company. Truist Financial raised their price objective on Ross Stores from $270.00 to $290.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and set a $270.00 price objective on shares of Ross Stores in a report on Friday, May 22nd. Barclays raised their price objective on Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. UBS Group raised their price objective on Ross Stores from $227.00 to $232.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ross Stores in a report on Wednesday, April 8th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $233.18.

Ross Stores Stock Performance

Shares of ROST stock opened at $233.06 on Friday. The stock’s 50-day moving average is $222.75 and its two-hundred day moving average is $201.66. The firm has a market cap of $74.76 billion, a price-to-earnings ratio of 32.55, a PEG ratio of 2.61 and a beta of 0.86. Ross Stores has a 1 year low of $124.49 and a 1 year high of $237.41. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54.

Ross Stores (NASDAQ:ROST) last issued its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.29. The company had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The business’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.47 earnings per share. 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.

Institutional Investors Weigh In On Ross Stores

Several hedge funds have recently made changes to their positions in ROST. State Street Corp raised its holdings in Ross Stores by 0.7% during the fourth quarter. State Street Corp now owns 13,911,953 shares of the apparel retailer’s stock worth $2,506,099,000 after purchasing an additional 99,975 shares in the last quarter. Bank of America Corp DE raised its holdings in Ross Stores by 1.9% during the third quarter. Bank of America Corp DE now owns 9,762,583 shares of the apparel retailer’s stock worth $1,487,720,000 after purchasing an additional 180,182 shares in the last quarter. Morgan Stanley raised its holdings in Ross Stores by 1.5% during the fourth quarter. Morgan Stanley now owns 5,436,788 shares of the apparel retailer’s stock worth $979,384,000 after purchasing an additional 79,519 shares in the last quarter. Norges Bank purchased a new position in Ross Stores during the fourth quarter worth about $868,360,000. Finally, Viking Global Investors LP raised its holdings in Ross Stores by 9.9% during the second quarter. Viking Global Investors LP now owns 4,747,639 shares of the apparel retailer’s stock worth $605,704,000 after purchasing an additional 426,370 shares in the last quarter. Institutional investors and hedge funds own 86.86% of the company’s stock.

Insider Transactions at Ross Stores

In other news, COO Michael J. Hartshorn sold 15,813 shares of the stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $214.91, for a total transaction of $3,398,371.83. Following the completion of the sale, the chief operating officer owned 116,028 shares in the company, valued at approximately $24,935,577.48. This represents a 11.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Patricia H. Mueller sold 1,881 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $213.13, for a total transaction of $400,897.53. Following the sale, the director owned 2,159 shares of the company’s stock, valued at $460,147.67. This trade represents a 46.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 25,756 shares of company stock worth $5,521,004. Company insiders own 2.10% of the company’s stock.

Ross Stores Dividend Announcement

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

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.