Many Ross Stores, Inc.(ROST) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Ross Stores was Initiated by Susquehanna on Feb 10, 2017 to Positive, Price Target of the shares are set at $80.Company shares were Reiterated by Telsey Advisory Group on Nov 18, 2016 to Market Perform, Raises Price Target to $ 70 from a previous price target of $68 .Company shares were Reiterated by Wedbush on Nov 18, 2016 to Outperform, Raises Price Target to $ 71 from a previous price target of $67 .Company shares were Reiterated by RBC Capital Mkts on Nov 18, 2016 to Sector Perform, Raises Price Target to $ 68 from a previous price target of $65 .
Company has reported several Insider transactions to the SEC, on Oct 5, 2016, Gregory L Quesnel (director) sold 16,000 shares at 64.39 per share price.On Sep 26, 2016, James S Fassio (President, Chief Dev. Officer) sold 12,000 shares at 63.35 per share price.On Sep 26, 2016, Barbara Rentler (Chief Executive Officer) sold 12,840 shares at 63.76 per share price.
Ross Stores Last issued its quarterly earnings results on Nov 17, 2016. The company reported $0.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.56. The company had revenue of $3086.70 million for the quarter, compared to analysts expectations of $2955.88 million. The companys revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.
Ross Stores, Inc. (NASDAQ:ROST) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.9 by 20 Brokerage Firm. 12 Wall Street Firms have rated the stock as a strong buys. 7 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Ross Stores, Inc. (NASDAQ:ROST) should head towards $67.06 per share according to 16 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $33 per share. The higher price estimate target is at $75 according to the Analysts.
Ross Stores, Inc. (NASDAQ:ROST) rose 0.96% or 0.65 points on Tuesday and made its way into the gainers of the day. After trading began at $68.05 the stock was seen hitting $68.72 as a peak level and $67.94 as the lowest level. The stock ended up at $68.7. The daily volume was measured at 1,994,691 shares. The 52-week high of the share price is $69.81 and the 52-week low is $52. The company has a market cap of $27,076 million.
Ross Stores, Inc. operates a chain of off-price retail apparel and home accessories stores, which target value conscious men and women between the ages of 25 and 54 in middle-to-upper middle income households. The decisions of the company, from merchandising, purchasing and pricing, to the location of its stores, are aimed at this customer base. The company offers brand name and designer merchandise at low everyday prices, generally below regular prices of most department and specialty stores.