Ross Stores, Inc. (ROST) Analysts See $1.06 EPS

May 23, 2018 - By Marie Mckinney

Ross Stores, Inc. (NASDAQ:ROST) LogoInvestors sentiment decreased to 0.99 in Q4 2017. Its down 0.05, from 1.04 in 2017Q3. It worsened, 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.
Horan Capital Mgmt has 0.14% invested in Ross Stores, Inc. (NASDAQ:ROST) for 9,039 shares. Wasatch Advsr has invested 0.01% in Ross Stores, Inc. (NASDAQ:ROST). Independence reported 5,487 shares. Arrow holds 420 shares or 0.01% of its portfolio. Virginia Retirement Et Al holds 0.23% or 242,200 shares. Pensionfund Dsm Netherlands has 50,300 shares for 0.57% of their portfolio. Price T Rowe Assoc Md invested in 0.24% or 18.47M shares. Enterprise Ser Corp has invested 0% in Ross Stores, Inc. (NASDAQ:ROST). Tirschwell Loewy owns 213,480 shares. Finemark Natl Bankshares reported 0.05% stake. Raymond James And Assocs has invested 0.04% of its portfolio in Ross Stores, Inc. (NASDAQ:ROST). Gamble Jones Invest Counsel has 27,190 shares. Paloma Ptnrs Mgmt invested in 0.01% or 10,543 shares. Bnp Paribas Arbitrage Sa owns 0.02% invested in Ross Stores, Inc. (NASDAQ:ROST) for 157,048 shares. Legal And General Group Inc Public Ltd Com invested in 2.08 million shares or 0.12% of the stock.

Since March 12, 2018, it had 0 insider buys, and 14 selling transactions for $23.14 million activity. 26,000 shares valued at $2.00M were sold by GARRETT SHARON D on Thursday, March 15. Morrow Brian R. sold 18,282 shares worth $1.44 million. 25,689 Ross Stores, Inc. (NASDAQ:ROST) shares with value of $1.97M were sold by BALMUTH MICHAEL. Brautigan Bernard G. also sold $1.38 million worth of Ross Stores, Inc. (NASDAQ:ROST) shares. FASSIO JAMES S also sold $3.09M worth of Ross Stores, Inc. (NASDAQ:ROST) on Thursday, March 22. The insider Hartshorn Michael J. sold 5,060 shares worth $392,795.

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 2.74 million 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. The rating was maintained by Guggenheim with “Buy” on Thursday, December 14. The stock has “Buy” rating by Nomura on Wednesday, January 17. The rating was maintained by Jefferies with “Hold” on Wednesday, March 7. The stock of Ross Stores, Inc. (NASDAQ:ROST) earned “Buy” rating by Bank of America on Tuesday, March 6. Wells Fargo maintained Ross Stores, Inc. (NASDAQ:ROST) rating on Thursday, January 11. Wells Fargo has “Buy” rating and $91.0 target. The company was maintained on Wednesday, March 7 by Morgan Stanley. SunTrust maintained it with “Buy” rating and $96.0 target in Friday, February 2 report. Buckingham Research maintained the shares of ROST in report on Wednesday, March 7 with “Neutral” rating. Susquehanna maintained the stock with “Buy” rating in Wednesday, March 7 report. The stock has “Hold” rating by BMO Capital Markets on Tuesday, March 6.

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 Benzinga.com published the news titled: “Bargain Bin: Kohl’s Rings Up Nearly 30% Upside” on May 08, 2018. Streetinsider.com‘s news article titled: “Ross Stores (ROST) call put ratio 2.8 calls to 1 put into Q1” with publication date: May 23, 2018 was also an interesting one.

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

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