Stock price performance of Ross Stores, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 3.65% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 1.38% . Looking at the past 52 week period, the stock price is up at 23.71% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Ross Stores, Inc. has a positive value of 13.3 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 1.21% and the 50-Day Moving Average is 2.3%.The 200 Day SMA reached 6.75%
Ross Stores, Inc. is having a Relative Strength Index of 48.52 which indicates the stock is not yet over sold or over bought based on the technical indicators. Ross Stores, Inc. (NASDAQ:ROST) has climbed 0.96% in the past week and advanced 1% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 0.84% and the outperformance has advanced to 0.1% for the last 4 weeks period.
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.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.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 .
Ross Stores, Inc. (NASDAQ:ROST) : On Friday heightened volatility was witnessed in Ross Stores, Inc. (NASDAQ:ROST) which led to swings in the share price. The stock opened for trading at $65.91 and hit $66.58 on the upside , eventually ending the session at $65.96, with a gain of 0.49% or 0.32 points. The heightened volatility saw the trading volume jump to 1,698,715 shares. The 52-week high of the share price is $69.81 and the company has a market cap of $25,996 million. The 52-week low of the share price is at $52 .
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.