(NASDAQ:ROST)’s expected mean EPS was $0.64, the company reported its quarterly earnings per share of $0.66 on 3/1/2016 After Market Close, beating the analysts’ consensus estimate by 0.02 with surprise factor of 3.13%. For the current quarter the company has highest EPS estimates of $0.69 and low forecast is $0.66. On Aug 15, 2016 the shares registered one year high at $63.62 and the one year low of $43.47 was seen on Nov 13, 2015. (NASDAQ:ROST) tinted gains of +0.7% (+0.43 points) to US$62.3. The company’s stock had a trading volume of 4,803,783 shares.
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As of Estimize, the $24 billion company will report $3.13 billion in sales, similar to the figure that the consensus has estimated. About 4.84 million shares traded hands or 90.55% up from the average.
Shares of Ross Stores, which have climbed 12% over the past year, rose 2.8%, to $64.65, after hours. Analysts’ estimates typically exclude special items.
-EPS (Q2): $0.71 vs. $0.63 a year ago. Ross Stores’s revenue was up 7.2% compared to the same quarter previous year.
Ross Stores, Inc.is an S&P 500, Fortune 500 and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2015 revenues of $11.9 billion. This represents a $0.54 annualized dividend and a dividend yield of 0.87%. Past 5 years growth of Ross Stores, Inc.
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According to consensus agreement of 28 analysts Ross Stores, Inc. The stock is a Buy among 11 brokerage firms polled by Factset Research. The stock had a trading volume of 3.0 M shares. The stock was sold at an average price of $57.52, for a total transaction of $3,221,120.00. Following the completion of the sale, the director now owns 506,750 shares in the company, valued at approximately $29,148,260. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. According to the SEC, on Jun 2, 2016, Michael Balmuth (Chairman, Executive) sold 194,984 shares at $53.44 per share price. The Hedge Fund company now holds 1,769 shares of ROST which is valued at $109,607.Aberdeen Asset Management Plcuk reduced its stake in ROST by selling 1,449 shares or 1.01% in the most recent quarter. The disclosure for this sale can be found here. Ross Stores, Inc. (NASDAQ:ROST) has risen 19.05% since January 14, 2016 and is uptrending. The Company operates two brands of off-price retail apparel and home fashion stores Ross Dress for Less (Ross) and dd’s DISCOUNTS.
