FY2027 EPS Forecast for Ross Stores Increased by Analyst

Ross Stores, Inc. (NASDAQ:ROST) – Equities researchers at Erste Group Bank boosted their FY2027 EPS estimates for shares of Ross Stores in a report issued on Tuesday, May 12th. Erste Group Bank analyst H. Engel now expects that the apparel retailer will earn $7.38 per share for the year, up from their prior estimate of $7.36. The consensus estimate for Ross Stores’ current full-year earnings is $7.36 per share.

A number of other brokerages have also recently commented on ROST. Zacks Research cut Ross Stores from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Weiss Ratings restated a “buy (b)” rating on shares of Ross Stores in a research note on Wednesday, April 8th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $240.00 target price on shares of Ross Stores in a report on Thursday, March 26th. Citigroup upped their target price on Ross Stores from $240.00 to $261.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Finally, The Goldman Sachs Group increased their price target on shares of Ross Stores from $214.00 to $244.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Seventeen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $218.56.

Ross Stores Price Performance

NASDAQ ROST opened at $212.68 on Monday. The company has a market cap of $68.51 billion, a price-to-earnings ratio of 32.18, a PEG ratio of 2.86 and a beta of 0.87. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.58 and a quick ratio of 1.04. The stock’s fifty day moving average price is $218.42 and its 200 day moving average price is $195.95. Ross Stores has a 1 year low of $124.49 and a 1 year high of $231.16.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings data on Tuesday, March 3rd. The apparel retailer reported $2.00 EPS for the quarter, topping the consensus estimate of $1.90 by $0.10. Ross Stores had a net margin of 9.43% and a return on equity of 36.70%. The business had revenue of $6.64 billion during the quarter, compared to the consensus estimate of $6.42 billion. During the same period in the previous year, the firm posted $1.65 earnings per share. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year.

Hedge Funds Weigh In On Ross Stores

Several institutional investors have recently made changes to their positions in the company. Somerset Trust Co increased its holdings in Ross Stores by 0.4% in the fourth quarter. Somerset Trust Co now owns 14,788 shares of the apparel retailer’s stock valued at $2,664,000 after buying an additional 55 shares in the last quarter. Independent Advisor Alliance boosted its stake in shares of Ross Stores by 1.7% during the 4th quarter. Independent Advisor Alliance now owns 3,309 shares of the apparel retailer’s stock worth $596,000 after acquiring an additional 55 shares in the last quarter. CYBER HORNET ETFs LLC boosted its stake in shares of Ross Stores by 6.1% during the 4th quarter. CYBER HORNET ETFs LLC now owns 954 shares of the apparel retailer’s stock worth $172,000 after acquiring an additional 55 shares in the last quarter. Florida Trust Wealth Management Co grew its position in shares of Ross Stores by 1.7% during the 4th quarter. Florida Trust Wealth Management Co now owns 3,399 shares of the apparel retailer’s stock valued at $612,000 after acquiring an additional 56 shares during the period. Finally, MCF Advisors LLC increased its stake in shares of Ross Stores by 4.6% in the 4th quarter. MCF Advisors LLC now owns 1,292 shares of the apparel retailer’s stock valued at $233,000 after purchasing an additional 57 shares in the last quarter. 86.86% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Patricia H. Mueller sold 1,881 shares of the company’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $213.13, for a total value of $400,897.53. Following the sale, the director owned 2,159 shares in the company, valued at $460,147.67. This represents a 46.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO Karen Sykes sold 5,506 shares of the firm’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $213.40, for a total value of $1,174,980.40. Following the sale, the chief marketing officer directly owned 104,648 shares in the company, valued at approximately $22,331,883.20. This trade represents a 5.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 25,756 shares of company stock valued at $5,521,004 in the last quarter. 2.10% of the stock is currently owned by company insiders.

Ross Stores Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were paid a dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Friday, March 13th. This is an increase from Ross Stores’s previous quarterly dividend of $0.41. Ross Stores’s dividend payout ratio (DPR) is 26.93%.

Key Ross Stores News

Here are the key news stories impacting Ross Stores this week:

• Positive Sentiment: JPMorgan Chase raised its price target on Ross Stores (ROST) to $251 from $248 and kept an overweight rating, reinforcing expectations for further upside. Ross Stores (NASDAQ:ROST) Price Target Raised to $251.00 at JPMorgan Chase & Co.
• Positive Sentiment: Truist Securities initiated coverage of Ross Stores (ROST) with a buy rating and a $270 price target, signaling strong confidence in the retailer’s growth outlook and valuation. Truist Securities initiates coverage of Ross Stores (ROST) with buy recommendation
• Positive Sentiment: Another Truist note called Ross Stores and TJX top names in an attractive discount retail sector, which supports the bull case for the stock. TJX Companies, Ross Stores top names in an attractive vertical—Truist Securities
• Positive Sentiment: Analysts and Zacks previews suggest Ross Stores may deliver solid Q1 results, with expectations for double-digit sales and EPS growth driven by traffic, merchandising, and store expansion. Ross Stores Gears Up to Report Q1 Earnings: Is a Beat in Store?
• Positive Sentiment: Wall Street remains optimistic on ROST, with additional coverage highlighting it as a GARP-style stock and a potentially attractive value play versus peers. Add These 4 GARP Stocks to Your Portfolio to Receive Handsome Returns
• Neutral Sentiment: Several recent articles compare Ross Stores with other discount retailers or discuss analyst-rating trends, but they largely reinforce the existing bullish narrative rather than adding new company-specific catalysts. DG or ROST: Which Is the Better Value Stock Right Now?
• Neutral Sentiment: Estimate revisions for FY2027 EPS also point to improving sentiment, though this is more of a long-term valuation signal than an immediate trading catalyst. Ross Stores FY2027 EPS Estimate Boosted by Erste Group Bank

About Ross Stores

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.