Ross Stores, Inc. (ROST) is a major off-price retailer offering discounted brand-name clothing, footwear, accessories, and home décor, operating over 2,000 locations in the U.S. With a market capitalization of $52.76 billion, the stock has gained 14% in the past 52 weeks and faces margin challenges despite reaching a 52-week high of $165.07.
In its second-quarter results for fiscal 2025, Ross Stores reported a 4.6% year-over-year sales increase to $5.53 billion, meeting analysts’ forecasts. However, EPS declined 1.9% to $1.56 due to tariff-related costs, leading to subdued guidance for the third and fourth quarters. Wall Street expects EPS to decline 2.1% for the current fiscal year.
Despite tariff-related challenges, Ross Stores has consistently surpassed consensus estimates in its trailing quarters. Among 21 Wall Street analysts, the consensus is a “Strong Buy,” with 15 “Strong Buy” ratings and six “Holds,” indicating bullish sentiment. Analysts project an annual 10.3% increase in EPS to $6.83 in the next fiscal year.
UBS analyst Jay Sole reaffirmed a “Neutral” rating on Ross Stores’s stock with a price target increase to $163, while Wells Fargo analyst Ike Boruchow raised the price target to $180. The mean price target of $166.19 suggests a 2.4% upside, with a Street-high target of $188 indicating a potential 15.9% upside.
Read more at Yahoo Finance: Do Wall Street Analysts Like Ross Stores Stock?
