News coverage about Ross Stores (NASDAQ:ROST) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ross Stores earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the apparel retailer an impact score of 46.126121569745 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Several equities analysts have recently commented on the stock. BidaskClub upgraded shares of Ross Stores from a “hold” rating to a “buy” rating in a report on Wednesday, January 24th. BMO Capital Markets lifted their price objective on shares of Ross Stores from $65.00 to $71.00 and gave the company a “market perform” rating in a research note on Friday, November 17th. Nomura reaffirmed a “buy” rating and issued a $90.00 price objective (up previously from $80.00) on shares of Ross Stores in a research note on Wednesday, January 17th. Morgan Stanley lifted their price objective on shares of Ross Stores from $70.00 to $77.00 and gave the company an “overweight” rating in a research note on Friday, November 17th. Finally, Telsey Advisory Group lifted their price objective on shares of Ross Stores from $70.00 to $75.00 and gave the company an “outperform” rating in a research note on Friday, November 17th. Nine research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Ross Stores has an average rating of “Buy” and a consensus price target of $74.19.

Shares of Ross Stores (ROST) opened at $85.46 on Monday. The firm has a market cap of $32,658.20, a PE ratio of 27.30, a P/E/G ratio of 2.60 and a beta of 1.15. Ross Stores has a 52 week low of $52.85 and a 52 week high of $85.51. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.57 and a quick ratio of 0.68.

Ross Stores (NASDAQ:ROST) last posted its earnings results on Thursday, November 16th. The apparel retailer reported $0.72 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.67 by $0.05. The business had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.26 billion. Ross Stores had a net margin of 8.93% and a return on equity of 43.21%. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.62 earnings per share. equities analysts expect that Ross Stores will post 3.29 EPS for the current year.

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Ross Stores Company Profile

Ross Stores, Inc and its subsidiaries operate two brands of off-price retail apparel and home fashion stores-Ross Dress for Less (Ross) and dd’s DISCOUNTS. The Company is the off-price apparel and home fashion chain in the United States, with 1,340 locations in 36 states, the District of Columbia and Guam, as of January 28, 2017.

Insider Buying and Selling by Quarter for Ross Stores (NASDAQ:ROST)

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