$1.06 EPS Expected for Ross Stores, Inc. (ROST)

May 23, 2018 - By Ash

Ross Stores, Inc. (NASDAQ:ROST) LogoInvestors sentiment decreased to 0.99 in 2017 Q4. Its down 0.05, from 1.04 in 2017Q3. It is negative, as 39 investors sold Ross Stores, Inc. shares while 237 reduced holdings. 106 funds opened positions while 166 raised stakes. 329.97 million shares or 2.79% less from 339.45 million shares in 2017Q3 were reported.
Rocky Mountain Advisers Limited Liability Co reported 58 shares. Moreover, Douglass Winthrop Advsr Ltd Com has 0.03% invested in Ross Stores, Inc. (NASDAQ:ROST) for 7,818 shares. Texas Cap Savings Bank Tx owns 0.5% invested in Ross Stores, Inc. (NASDAQ:ROST) for 2,800 shares. Los Angeles Mngmt & Equity Rech holds 0.1% or 225,762 shares. Canada Pension Plan Investment Board, a Ontario – Canada-based fund reported 321,367 shares. Peak6 Invs L P stated it has 35,919 shares or 0.01% of all its holdings. Lpl Limited Liability Company holds 21,575 shares or 0.01% of its portfolio. Amundi Pioneer Asset Management Inc has invested 0.67% in Ross Stores, Inc. (NASDAQ:ROST). Jennison Associates Ltd Liability Corporation holds 0.09% of its portfolio in Ross Stores, Inc. (NASDAQ:ROST) for 1.13 million shares. Regions Fincl holds 0.02% or 23,354 shares. Copeland Cap Mgmt Ltd Com has 1.17% invested in Ross Stores, Inc. (NASDAQ:ROST). Cetera Advisor Ltd Liability holds 0.01% in Ross Stores, Inc. (NASDAQ:ROST) or 3,318 shares. Tower Limited (Trc) accumulated 4,960 shares or 0.05% of the stock. Oregon Pub Employees Retirement Fund has 0.12% invested in Ross Stores, Inc. (NASDAQ:ROST) for 113,701 shares. Capstone Advisors Ltd Liability Com reported 0.01% in Ross Stores, Inc. (NASDAQ:ROST).

Since March 12, 2018, it had 0 buys, and 14 selling transactions for $23.14 million activity. Brautigan Bernard G. sold $659,482 worth of stock. $392,795 worth of Ross Stores, Inc. (NASDAQ:ROST) shares were sold by Hartshorn Michael J.. $2.00 million worth of Ross Stores, Inc. (NASDAQ:ROST) shares were sold by GARRETT SHARON D. $1.17 million worth of Ross Stores, Inc. (NASDAQ:ROST) shares were sold by RENTLER BARBARA. Shares for $3.09 million were sold by FASSIO JAMES S on Thursday, March 22. BALMUTH MICHAEL sold $4.57 million worth of stock or 59,777 shares.

Analysts expect Ross Stores, Inc. (NASDAQ:ROST) to report $1.06 EPS on May, 24 after the close.They anticipate $0.24 EPS change or 29.27 % from last quarter’s $0.82 EPS. ROST’s profit would be $401.36M giving it 19.42 P/E if the $1.06 EPS is correct. After having $0.98 EPS previously, Ross Stores, Inc.’s analysts see 8.16 % EPS growth. The stock increased 0.50% or $0.41 during the last trading session, reaching $82.34. About 2.74M shares traded. Ross Stores, Inc. (NASDAQ:ROST) has risen 17.72% since May 23, 2017 and is uptrending. It has outperformed by 6.17% the S&P500.

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

Among 15 analysts covering Ross Stores (NASDAQ:ROST), 11 have Buy rating, 0 Sell and 4 Hold. Therefore 73% are positive. Ross Stores has $100.0 highest and $73.0 lowest target. $87.20’s average target is 5.90% above currents $82.34 stock price. Ross Stores had 19 analyst reports since December 14, 2017 according to SRatingsIntel. Bank of America maintained the shares of ROST in report on Tuesday, March 6 with “Buy” rating. On Tuesday, March 6 the stock rating was maintained by BMO Capital Markets with “Hold”. Wells Fargo maintained the stock with “Buy” rating in Thursday, January 11 report. The stock of Ross Stores, Inc. (NASDAQ:ROST) has “Overweight” rating given on Wednesday, March 7 by Morgan Stanley. The firm has “Hold” rating by Jefferies given on Wednesday, March 7. The stock of Ross Stores, Inc. (NASDAQ:ROST) earned “Buy” rating by Susquehanna on Wednesday, March 7. On Wednesday, January 17 the stock rating was maintained by Nomura with “Buy”. The stock has “Buy” rating by Wells Fargo on Wednesday, March 7. As per Tuesday, March 6, the company rating was maintained by RBC Capital Markets. The stock has “Buy” rating by Deutsche Bank on Monday, April 30.

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 company has market cap of $31.18 billion. It primarily offers apparel, accessories, footwear, and home fashions. It has a 23.19 P/E ratio. 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: Benzinga.com which released: “The Week Ahead: Target, Best Buy Help Close Out Earnings Season” on May 21, 2018. Also Streetinsider.com published the news titled: “Ross Stores (ROST) call put ratio 2.8 calls to 1 put into Q1” on May 23, 2018. Benzinga.com‘s news article titled: “Bargain Bin: Kohl’s Rings Up Nearly 30% Upside” with publication date: May 08, 2018 was also an interesting one.

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

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