News articles about Ross Stores (NASDAQ:ROST) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ross Stores earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave media coverage about the apparel retailer an impact score of 46.126121569745 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment’s scoring:
Shares of Ross Stores (NASDAQ:ROST) traded up $1.06 during midday trading on Friday, reaching $81.97. 2,198,393 shares of the company were exchanged, compared to its average volume of 2,500,000. The firm has a market cap of $31,730.00, a PE ratio of 26.19, a price-to-earnings-growth ratio of 2.47 and a beta of 1.14. Ross Stores has a 12-month low of $52.85 and a 12-month high of $82.12. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.68 and a current ratio of 1.57.
Ross Stores (NASDAQ:ROST) last issued its quarterly earnings data on Thursday, November 16th. The apparel retailer reported $0.72 EPS for the quarter, beating the Zacks’ consensus estimate of $0.67 by $0.05. The firm 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 was up 7.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.62 EPS. analysts predict that Ross Stores will post 3.28 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 1st were paid a $0.16 dividend. The ex-dividend date of this dividend was Thursday, November 30th. This represents a $0.64 dividend on an annualized basis and a yield of 0.78%. Ross Stores’s payout ratio is 20.45%.
ROST has been the topic of a number of recent analyst reports. Telsey Advisory Group reaffirmed a “buy” rating on shares of Ross Stores in a research note on Friday, November 17th. Zacks Investment Research raised shares of Ross Stores from a “hold” rating to a “buy” rating and set a $69.00 price target on the stock in a research note on Thursday, September 14th. Bank of America reaffirmed a “buy” rating and set a $80.00 price target on shares of Ross Stores in a research note on Monday, September 25th. SunTrust Banks set a $80.00 price target on shares of Ross Stores and gave the stock a “buy” rating in a research note on Friday, November 17th. Finally, Nomura set a $80.00 price target on shares of Ross Stores and gave the stock a “buy” rating in a research note on Friday, November 17th. Nine analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $73.71.
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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.
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