Q1 EPS Estimates for Ross Stores Cut by Zacks Research

Ross Stores, Inc. (NASDAQ:ROST) – Analysts at Zacks Research cut their Q1 2026 earnings estimates for Ross Stores in a research report issued on Thursday, March 13th. Zacks Research analyst R. Lohia now anticipates that the apparel retailer will post earnings of $1.42 per share for the quarter, down from their prior estimate of $1.54. The consensus estimate for Ross Stores’ current full-year earnings is $6.17 per share. Zacks Research also issued estimates for Ross Stores’ Q2 2026 earnings at $1.62 EPS, Q3 2026 earnings at $1.54 EPS, Q4 2026 earnings at $1.80 EPS, FY2026 earnings at $6.38 EPS, Q1 2027 earnings at $1.54 EPS, Q2 2027 earnings at $1.79 EPS, Q3 2027 earnings at $1.69 EPS, Q4 2027 earnings at $1.90 EPS, FY2027 earnings at $6.91 EPS and FY2028 earnings at $7.17 EPS.

Several other research firms have also commented on ROST. BMO Capital Markets decreased their price target on shares of Ross Stores from $168.00 to $156.00 and set an “outperform” rating for the company in a report on Wednesday, March 5th. Morgan Stanley decreased their target price on Ross Stores from $140.00 to $130.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 5th. Robert W. Baird lowered their target price on Ross Stores from $175.00 to $160.00 and set an “outperform” rating for the company in a report on Wednesday, March 5th. JPMorgan Chase & Co. raised their price target on Ross Stores from $171.00 to $173.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. Finally, Telsey Advisory Group lowered their price objective on Ross Stores from $175.00 to $150.00 and set a “market perform” rating for the company in a research note on Wednesday, March 5th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $161.40.

Ross Stores Stock Performance

Ross Stores stock opened at $124.21 on Monday. The company has a market cap of $40.98 billion, a PE ratio of 19.56, a P/E/G ratio of 2.13 and a beta of 1.15. Ross Stores has a 12 month low of $122.77 and a 12 month high of $163.60. The company has a fifty day moving average price of $142.85 and a two-hundred day moving average price of $146.53. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.57 and a quick ratio of 0.98.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings data on Tuesday, March 4th. The apparel retailer reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.14. Ross Stores had a net margin of 9.95% and a return on equity of 41.83%. The company had revenue of $5.91 billion during the quarter, compared to analyst estimates of $5.95 billion.

Ross Stores Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Tuesday, March 18th will be paid a dividend of $0.405 per share. The ex-dividend date of this dividend is Tuesday, March 18th. This is a positive change from Ross Stores’s previous quarterly dividend of $0.37. This represents a $1.62 annualized dividend and a yield of 1.30%. Ross Stores’s dividend payout ratio is currently 25.63%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Peapack Gladstone Financial Corp boosted its stake in shares of Ross Stores by 1.8% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 3,910 shares of the apparel retailer’s stock worth $588,000 after acquiring an additional 70 shares in the last quarter. Howe & Rusling Inc. boosted its holdings in shares of Ross Stores by 1.9% in the third quarter. Howe & Rusling Inc. now owns 3,986 shares of the apparel retailer’s stock worth $600,000 after buying an additional 73 shares during the period. Forum Financial Management LP increased its position in shares of Ross Stores by 5.3% in the fourth 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. Brown Brothers Harriman & Co. raised its holdings in shares of Ross Stores by 19.1% during the third quarter. Brown Brothers Harriman & Co. now owns 473 shares of the apparel retailer’s stock valued at $71,000 after acquiring an additional 76 shares during the period. Finally, Alhambra Investment Management LLC boosted its stake in Ross Stores by 5.2% in the 4th quarter. Alhambra Investment Management LLC now owns 1,549 shares of the apparel retailer’s stock worth $234,000 after purchasing an additional 76 shares during the period. Institutional investors and hedge funds own 86.86% of the company’s stock.

Ross Stores Company Profile

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.