Ross Stores (ROST) ended the recent trading session at $205.64, demonstrating a +1.05% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.43% for the day. Meanwhile, the Dow experienced a drop of 1.05%, and the technology-dominated Nasdaq saw a decrease of 0.92%.
The discount retailer's stock has climbed by 9.12% in the past month, exceeding the Retail-Wholesale sector's loss of 5.44% and the S&P 500's loss of 0.5%.
The upcoming earnings release of Ross Stores will be of great interest to investors. The company's earnings report is expected on March 3, 2026. The company is expected to report EPS of $1.88, up 5.03% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $6.39 billion, indicating a 8.04% increase compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $6.48 per share and revenue of $22.49 billion, indicating changes of +2.53% and +6.43%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for Ross Stores. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.35% higher. Ross Stores presently features a Zacks Rank of #2 (Buy).
In terms of valuation, Ross Stores is presently being traded at a Forward P/E ratio of 28.49. This denotes a premium relative to the industry average Forward P/E of 28.13.
It is also worth noting that ROST currently has a PEG ratio of 3.54. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Retail - Discount Stores industry had an average PEG ratio of 3.06.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 88, finds itself in the top 36% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Ross Stores, Inc. (ROST): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
