Ross Stores Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Ross Stores, Inc. ROST will release its fourth-quarter financial results, after the closing bell, on Tuesday, March 4.

Analysts expect the Dublin, California-based company to report quarterly earnings at $1.66 per share, down from $1.82 per share in the year-ago period. Ross Stores projects quarterly revenue of $5.95 billion, compared to $6.02 billion a year earlier, according to data from Benzinga Pro.

On Feb. 20, Ross Stores named William Sheehan as Deputy CFO.

Ross Stores shares fell 2.5% to close at $136.81 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

Morgan Stanley analyst Alex Straton downgraded the stock from Overweight to Equal-Weight and cut the price target from $164 to $140 on Jan. 21, 2025. This analyst has an accuracy rate of 65%.
Wells Fargo analyst Ike Boruchow downgraded the stock from Overweight to Equal-Weight with a price target of $165 on Jan. 10, 2025. This analyst has an accuracy rate of 71%.
Guggenheim analyst Robert Drbul reiterated a Buy rating with a price target of $180 on Nov. 22, 2024. This analyst has an accuracy rate of 61%.
JP Morgan analyst Matthew Boss maintained an Overweight rating and increased the price target from $171 to $173 on Nov. 22, 2024. This analyst has an accuracy rate of 67%.
Evercore ISI Group analyst Michael Binetti maintained an Outperform rating and increased the price target from $170 to $180 on Nov. 22, 2024. This analyst has an accuracy rate of 63%.

Considering buying ROST stock? Here’s what analysts think: