FY2028 EPS Estimates for Ross Stores Cut by Erste Group Bank

Ross Stores, Inc. (NASDAQ:ROST) – Investment analysts at Erste Group Bank cut their FY2028 earnings per share (EPS) estimates for Ross Stores in a research note issued on Thursday, June 25th. Erste Group Bank analyst H. Engel now expects that the apparel retailer will earn $8.51 per share for the year, down from their previous forecast of $8.55. The consensus estimate for Ross Stores’ current full-year earnings is $7.74 per share.

Ross Stores (NASDAQ:ROST) last announced 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 firm had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The business’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.47 EPS. 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. Wall Street Zen cut shares of Ross Stores from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Zacks Research upgraded Ross Stores from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 22nd. UBS Group reissued a “neutral” rating on shares of Ross Stores in a research report on Wednesday, June 10th. JPMorgan Chase & Co. increased their price objective on Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Finally, Telsey Advisory Group lifted their target price on shares of Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $233.18.

Ross Stores Price Performance

NASDAQ ROST opened at $211.90 on Thursday. The stock’s 50-day moving average is $225.61 and its two-hundred day moving average is $208.85. Ross Stores has a fifty-two week low of $126.32 and a fifty-two week high of $242.81. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94. The firm has a market cap of $67.97 billion, a P/E ratio of 29.60, a price-to-earnings-growth ratio of 2.39 and a beta of 0.87.

Ross Stores Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were paid a dividend of $0.445 per share. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.8%. Ross Stores’s payout ratio is 24.86%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Ross Stores by 7,000.0% during the fourth 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 in the last quarter. Hilton Head Capital Partners LLC acquired a new stake in shares of Ross Stores in the 4th quarter valued at about $26,000. Bard Associates Inc. acquired a new stake in Ross Stores in the 4th quarter valued at approximately $31,000. City Holding Co. raised its holdings in shares of Ross Stores by 1,080.0% in the fourth quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock valued at $32,000 after purchasing an additional 162 shares during the last quarter. Finally, Virtus Advisers LLC bought a new stake in Ross Stores during the 4th quarter worth about $32,000. Institutional investors and hedge funds own 86.86% of the company’s stock.

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.