Analysts See $1.06 EPS for Ross Stores, Inc. (ROST) on May, 24

May 16, 2018 - By Cynthia Ashman

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 dropped due to Ross Stores, Inc. positioning: 39 sold and 237 reduced. 106 funds amassed holdings and 166 increased holdings. Investors holded 339.45 million in 2017Q3 but now own 329.97 million shares or 2.79% less.
Peak6 Invests Ltd Partnership owns 0.01% invested in Ross Stores, Inc. (NASDAQ:ROST) for 35,919 shs. Brown Brothers Harriman And has invested 0% of its capital in Ross Stores, Inc. (NASDAQ:ROST). Fenimore Asset Inc holds 4.6% or 1.51M shs in its capital. 6,745 were reported by Sta Wealth Lc. Retirement Sys Of Alabama holds 0.07% of its capital in Ross Stores, Inc. (NASDAQ:ROST) for 186,864 shs. Cornerstone Advsr holds 0.03% or 570 shs. First Financial Bank Of Omaha invested 0.46% in Ross Stores, Inc. (NASDAQ:ROST). Pggm Invs reported 0.38% of its capital in Ross Stores, Inc. (NASDAQ:ROST). Ogorek Anthony Joseph New York Adv invested in 0.01% or 114 shs. Cadinha Company Limited Liability Company has 144,355 shs. Stone Ridge Asset Mngmt Lc owns 0.17% invested in Ross Stores, Inc. (NASDAQ:ROST) for 31,630 shs. Amalgamated Bancshares invested in 0.11% or 50,018 shs. Alliancebernstein L P invested in 4.79M shs. Camarda Fincl Advsr Ltd Co has invested 2.11% in Ross Stores, Inc. (NASDAQ:ROST). Johnson Financial Gru Inc invested in 4,701 shs.

Ross Stores, Inc. had 14 insider sales and 0 insider purchases since March 12, 2018. This’s net activity of $23.14 million. Brautigan Bernard G. sold $1.38 million worth of Ross Stores, Inc. (NASDAQ:ROST) on Thursday, March 22. Hartshorn Michael J. sold $392,795 worth of Ross Stores, Inc. (NASDAQ:ROST) or 5,060 shs on Wednesday, March 21. On Thursday, March 15 $2.00 million worth of Ross Stores, Inc. (NASDAQ:ROST) was sold by GARRETT SHARON D. The insider BALMUTH MICHAEL sold 59,777 shs worth $4.57 million. Morrow Brian R. also sold $1.44 million worth of Ross Stores, Inc. (NASDAQ:ROST) on Wednesday, March 21. On Thursday, March 22 Shares for $3.09M were sold by FASSIO JAMES S.

Ross Stores, Inc. (NASDAQ:ROST)’s earnings report is anticipated on May, 24 after the close., according to Faxor. earnings per share of $1.06 is 29.27 % up from 2017’s $0.82 EPS. If reported the P/E will be 19.66 with $401.36M profit. Wall Street now predicts 8.16 % EPS growth despite Ross Stores, Inc. last quarter’s EPS of $0.98. The stock increased 0.72% or $0.6 during the last trading session, hitting $83.37.Ross Stores, Inc. has volume of 2.15 million shares. Since May 16, 2017 ROST has risen 17.72% and is uptrending. ROST outperformed the S&P 500 by 6.17%.

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

Total analysts of 16 have positions in Ross Stores (NASDAQ:ROST) as follows: 12 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 75%. Since November 17, 2017 according to StockzIntelligence Inc Ross Stores has 26 analyst reports. On Wednesday, March 7 the stock of Ross Stores, Inc. (NASDAQ:ROST) earned “Overweight” rating by Morgan Stanley. On Friday, November 17 the rating was maintained by Morgan Stanley with “Overweight”. On Friday, November 17 the rating was maintained by RBC Capital Markets with “Hold”. The stock rating was initiated by Deutsche Bank with “Buy” on Monday, April 30. On Thursday, January 11 the stock has “Buy” rating by Wells Fargo. On Friday, February 2 the stock of Ross Stores, Inc. (NASDAQ:ROST) has “Buy” rating given by SunTrust. In Wednesday, March 7 report Wells Fargo maintained it with “Buy” rating and $86.0 target. On Friday, November 17 Nomura maintained Ross Stores, Inc. (NASDAQ:ROST) rating. Nomura has “Buy” rating and $80 target. On Friday, November 17 the rating was maintained by Telsey Advisory with “Buy”. On Tuesday, March 6 the firm has “Buy” rating by Cowen & Co given.

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 valued at $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 published by Seekingalpha.com, Investorplace.com and Benzinga.com. The first one has “The 1% Dividend Growth Portfolio Q1 Update – Let It Rain Dividends” as a title and was published on May 14, 2018. The next is “5 Retail Stocks Likely to Top Earnings Estimates” on May 15, 2018. And last was published on May 08, 2018, called “Bargain Bin: Kohl’s Rings Up Nearly 30% Upside”.

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

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