Ross Stores, Inc. (NASDAQ:ROST) slipped over -1.29% at $64.91. Ross Stores, Inc. has 378.61 million shares outstanding, and in the last trade has seen ATR around 1.08. The volume of ROST witnessed a shift from 2.61 million shares, based on a 50-day average, to 3.03 million shares.
In the most updated research from a number of analysts on Wall Street, the company gets 17 Buys and 0 Sell among 25 analysts. Ross Stores, Inc. (NASDAQ:ROST) hasconsensus analyst target price is $71.39. That gives us a street projected return of 9.98%. If the published price targets set by Ross Stores, Inc. analysts have any power to influence the stock’s share price, the highest price target set for ROST is $80.
Ross Stores, Inc. most recently reported earnings per share (EPS) of $0.82 for the July 2017 versus $0.71 in the same quarter last year, representing 15% growth. Analysts had predicted $0.77. Revenue during the quarter was $3.43 billion, representing 8% growth from $3.18 billion in year-ago quarter. The company’s quarterly EPS surprised Wall Street by as much as 6% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates.
On a similar note, analysts expect EPS of $0.67 in October 2017 quarter and $0.92 in January 2018 quarter, representing 8.06% and 19.48% growth, respectively. They expect this year’s earnings to rise 13.78% year-over-year to $3.22, followed by 7.76% growth in the next year to $3.47.
Shares of Fairmount Santrol Holdings Inc. (NYSE:FMSA) traded down -0.43% in the last session while performance was up 4.64% in the last five days. The stock’s last price was higher from the average trading price of 50 days recorded at $4.16 while enlarging the period to 200 trading days, the average price was $5.4. Currently, 225.52 million total shares are owned by the public and among those 203.26 million shares have been available to trade. The percentage of shares being held by the company management was 0.9% while institutional stake was 86.8%.
Fairmount Santrol Holdings Inc. (FMSA) has risen 88.24% since then. But since then, those gains have faded by -64.63%. FMSA has risen 1.98% in the 1-month period.
Ross Stores, Inc. has a beta of 0, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was $0.05 a share in the trailing twelve months. It last reported revenues of $280.05 million and EPS of $0.15 for the September 2017, representing 108% top-line growth and -0.07 EPS growth.
Looking forward, the company’s quarterly earnings are expected to come at $0.14 in the three months through December 2017 and $0.16 in the quarter ending March 2018, reflecting -227.27% and -420% growth, respectively. For the full year, analysts expect earnings to decline -165.85% yoy to $0.27. Next year this growth will reach 107.41% to attain $0.56.