Ross Stores (ROST) has risen sharply, recording gains of 2.31% in the past 4 weeks. However, the stock has corrected -2.77% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.53% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.33% and the fifty day Moving Average is 6.54%. Ross Stores Inc. is up 17.62% in the last three month period. Year-to-Date the stock performance stands at 18.14%.
Ross Stores (ROST) : Currently there are 16 street experts covering Ross Stores (ROST) stock. The most bullish and bearish price target for the stock is $75 and $33 respectively for the short term. The average price target of all the analysts comes to $63.31. The estimated standard deviation from the target is $9.98.
Ross Stores (NASDAQ:ROST): On Fridays trading session , Opening price of the stock was $63.46 with an intraday high of $63.9. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $62.95. However, the stock managed to close at $63.26, a loss of 0.24% for the day. On the previous day, the stock had closed at $63.41. The total traded volume of the day was 2,222,529 shares.
Ross Stores, Inc. is an off-price retailer of name brand and designer apparel, accessories, footwear, and home fashions for the entire family. The Company operates two brands of off-price retail apparel and home fashion stores, Ross Dress for Less (Ross) and dds DISCOUNTS. As of December 31, 2014, the Company operated 1,210 Ross locations in 33 states, the District of Columbia and Guam, and 152 dds DISCOUNTS stores in 15 states. The Ross and dds DISCOUNTS stores are supported by five distribution centers. The Ross brand stores offers its products at savings of 20% to 60% off department and specialty store regular prices every day. Ross target customers are primarily from middle income households. The dds DISCOUNTS stores offers its products at savings of 20% to 70% off moderate department and discount store regular prices every day. Its target customers typically come from households with moderate incomes.