EPS for Ross Stores, Inc. (ROST) Expected At $1.06 on May, 24

May 16, 2018 - By Michele Cranor

Ross Stores, Inc. (NASDAQ:ROST) Corporate Logo
Big Money Sentiment decreased to 0.99 in Q4 2017. It has change of 0.05, from 2017Q3’s 1.04. The ratio worsened due to Ross Stores, Inc. positioning: 39 sold and 237 reduced. 106 funds amassed positions and 166 increased positions. Investors holded 339.45 million in 2017Q3 but now own 329.97 million shares or 2.79% less.
Alecta Pensionsforsakring Omsesidigt holds 3% of its capital in Ross Stores, Inc. (NASDAQ:ROST) for 4.60 million shs. First Interstate State Bank has 0% invested in Ross Stores, Inc. (NASDAQ:ROST). Prudential Fin reported 2.78 million shs. Mirador Capital Prns Lp holds 0.19% or 4,355 shs. Pinebridge Investments L P has 134,458 shs. Schwartz Counsel Inc reported 0.49% of its capital in Ross Stores, Inc. (NASDAQ:ROST). Bb&T Secs Lc has 79,649 shs for 0.08% of their capital. Mountain Pacific Advisers Id holds 8,800 shs. Alliancebernstein L P holds 0.27% of its capital in Ross Stores, Inc. (NASDAQ:ROST) for 4.79M shs. Psagot Invest House Ltd stated it has 32,600 shs. Goldman Sachs Grp Inc invested in 6.50M shs or 0.12% of the stock. Robeco Institutional Asset Mngmt Bv stated it has 450,674 shs. Northern Tru Corporation holds 0.09% or 4.61 million shs in its capital. Ubs Asset Mngmt Americas has 0.17% invested in Ross Stores, Inc. (NASDAQ:ROST). Destination Wealth reported 113,178 shs.

Ross Stores, Inc. registered $23.14 million net activity with 0 insider purchases and 14 insider sales since March 12, 2018. On Thursday, March 22 $1.38 million worth of stock was sold by Brautigan Bernard G.. On Wednesday, March 21 Morrow Brian R. also sold $1.44M worth of Ross Stores, Inc. (NASDAQ:ROST). On Friday, March 23 Panattoni Lisa R sold $2.41 million worth of Ross Stores, Inc. (NASDAQ:ROST). $4.57M worth of stock was sold by BALMUTH MICHAEL on Monday, March 12. On Thursday, March 15 the insider GARRETT SHARON D sold $2.00 million. FASSIO JAMES S sold $3.09 million worth of Ross Stores, Inc. (NASDAQ:ROST) on Thursday, March 22.

Ross Stores, Inc. (NASDAQ:ROST)’s earnings release is anticipated by WallStreet on May, 24, according to Faxor. The earnings per share diference is $0.24 or 29.27 % up from last years number. Previous year: $0.82; Analysts forcast: $1.06. If earnings per share of $1.06 is published the profit of ROST could reach $401.36M giving it 19.66 P/E. Wall Street predicts 8.16 % EPS growth as of May, 24. The stock increased 0.72% or $0.6 during the last trading session, reaching $83.37.Currently Ross Stores, Inc. is uptrending after 17.72% change in last May 16, 2017. ROST has 2.15 million shares volume. ROST outperformed the S&P 500 by 6.17%.

Ross Stores, Inc. (NASDAQ:ROST) Ratings Coverage

A total of 16 analysts rate Ross Stores (NASDAQ:ROST) as follows: 12 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 75% are bullish. (NASDAQ:ROST) has 26 ratings reports on May 16, 2018 according to StockzIntelligence. The company rating was maintained by Buckingham Research on Friday, November 17. On Wednesday, January 17 Nomura maintained Ross Stores, Inc. (NASDAQ:ROST) rating. Nomura has “Buy” rating and $90.0 target. On Tuesday, March 6 the rating was maintained by BMO Capital Markets with “Hold”. On Friday, November 17 the stock has “Overweight” rating by Morgan Stanley. On Tuesday, March 6 the stock of Ross Stores, Inc. (NASDAQ:ROST) earned “Buy” rating by Cowen & Co. On Wednesday, March 7 the firm has “Hold” rating given by Jefferies. On Tuesday, March 6 Bank of America maintained the shares of ROST in report with “Buy” rating. On Thursday, January 11 the firm earned “Buy” rating by Wells Fargo. On Tuesday, January 23 the firm has “Buy” rating given by Susquehanna. On Wednesday, March 7 the rating was maintained by Wells Fargo with “Buy”.

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.The firm is worth $31.57 billion. It primarily offers apparel, accessories, footwear, and home fashions.The P/E ratio is 23.48. The company's Ross Dress for Less stores sell its products at savings of 20% to 60% off department and specialty store regular prices primarily to middle income households; and dd's DISCOUNTS stores sell its products at savings of 20% to 70% off moderate department and discount store regular prices to clients from households with moderate income.

More recent Ross Stores, Inc. (NASDAQ:ROST) news were brought out by Investorplace.com, Benzinga.com and Seekingalpha.com. The first one has “5 Retail Stocks Likely to Top Earnings Estimates” as a title and was brought out on May 15, 2018. The next is “Bargain Bin: Kohl’s Rings Up Nearly 30% Upside” on May 08, 2018. And last was brought out on May 14, 2018, called “The 1% Dividend Growth Portfolio Q1 Update – Let It Rain Dividends”.

Ross Stores, Inc. (NASDAQ:ROST) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: