Why Ross Stores, Inc. Stock Popped Today
Shares of clothing retailer Ross Stores (NASDAQ: ROST) jumped as much as 26.6% on Friday, but the stock is up 9.1% at the time of this writing.
Bullish sentiment from the Street toward Ross follows the company's solid third-quarter results, which featured better-than-expected revenue and earnings per share (EPS).
Ross's third-quarter net sales were $3.3 billion, up 8% year over year. EPS was $0.72, up 16% from the year-ago quarter. On average, analysts were expecting revenue and EPS of about $3.26 billion and $0.67, respectively.
Source: Fool.com
Ross Stores Inc. Stock
€217.70
-0.770%
With 41 Buy predictions and not a single Sell prediction Ross Stores Inc. is an absolute favorite of our community.
However, we have a potential of -4.0% for Ross Stores Inc. as the target price of 209 € is below the current price of 217.7 €.
