Q3 EPS Estimates for Ross Stores Lowered by Zacks Research

Ross Stores, Inc. (NASDAQ:ROST) – Equities researchers at Zacks Research lowered their Q3 2027 earnings estimates for Ross Stores in a report issued on Thursday, June 4th. Zacks Research analyst Team now forecasts that the apparel retailer will post earnings per share of $1.70 for the quarter, down from their prior forecast of $1.74. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Ross Stores’ current full-year earnings is $7.73 per share. Zacks Research also issued estimates for Ross Stores’ Q4 2027 earnings at $2.06 EPS.

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

ROST has been the subject of a number of other reports. Telsey Advisory Group raised their target price on shares of Ross Stores from $240.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, May 22nd. Weiss Ratings restated a “buy (b)” rating on shares of Ross Stores in a report on Wednesday, April 8th. The Goldman Sachs Group restated a “buy” rating and set a $270.00 target price on shares of Ross Stores in a report on Friday, May 22nd. JPMorgan Chase & Co. raised their target price on shares of Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $230.00 target price on shares of Ross Stores in a report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $233.18.

Ross Stores Stock Performance

Shares of NASDAQ:ROST opened at $230.37 on Monday. The stock has a market capitalization of $73.90 billion, a price-to-earnings ratio of 32.17, a PEG ratio of 2.59 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. The company has a 50 day moving average price of $223.03 and a 200 day moving average price of $202.16.

Hedge Funds Weigh In On Ross Stores

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Ross Stores by 7,000.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock worth $26,000 after purchasing an additional 140 shares during the period. Hilton Head Capital Partners LLC acquired a new position in Ross Stores in the 4th quarter worth approximately $26,000. Bard Associates Inc. acquired a new position in Ross Stores in the 4th quarter worth approximately $31,000. City Holding Co. boosted its stake in Ross Stores by 1,080.0% in the 4th quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock worth $32,000 after purchasing an additional 162 shares during the period. Finally, Virtus Advisers LLC acquired a new position in Ross Stores in the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 86.86% of the company’s stock.

Insider Buying and Selling

In related news, COO Michael J. Hartshorn sold 15,813 shares of the firm’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $214.91, for a total value of $3,398,371.83. Following the completion of the transaction, the chief operating officer owned 116,028 shares of the company’s stock, valued at approximately $24,935,577.48. This trade represents a 11.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Patricia H. Mueller sold 1,881 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $213.13, for a total transaction of $400,897.53. Following the completion of the transaction, the director directly owned 2,159 shares of the company’s stock, valued at $460,147.67. This represents a 46.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 25,756 shares of company stock valued at $5,521,004. Company insiders own 2.10% of the company’s stock.

Ross Stores Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be paid a $0.445 dividend. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a yield of 0.8%. Ross Stores’s dividend payout ratio (DPR) is currently 24.86%.

Key Ross Stores News

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

• Positive Sentiment: Zacks Research increased several EPS forecasts for Ross Stores, signaling improved profit expectations across 2027-2029. Buy 5 Stocks With High ROE as Markets Swing on War Skirmishes
• Positive Sentiment: The stock is being highlighted as a high-ROE, cash-generating retailer, which can attract investors looking for quality and stability during market volatility. Buy 5 Stocks With High ROE as Markets Swing on War Skirmishes
• Positive Sentiment: Ross Stores recently beat quarterly expectations, reporting EPS and revenue above estimates, which reinforces confidence in its operating momentum.
• Neutral Sentiment: Recent articles question how the investment narrative is evolving and compare Ross Stores with peers like Ollie’s Bargain Outlet, but these pieces are more commentary than new company-specific catalysts. How The Ross Stores (ROST) Investment Narrative Is Evolving Without New Analyst Targets
• Neutral Sentiment: Coverage also notes Ross Stores is outperforming the consumer discretionary sector, but this mainly reflects relative strength already supported by analyst optimism. Ross Stores Stock: Is ROST Outperforming the Consumer Discretionary Sector?

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.