Tomorrow Ross Stores will publish her past quarter's results. Based on the analyst's estimates both the revenue and the net profit would be on the highest levels in years. For this year the consensus of the revenue equals 12,63 billion dollars. The expectations would mean a record revenue for the company. This is slightly more than the 2015's revenue of 11,94 billion dollars.
For 2016 the analysts foresee a record net profit of 1,07 billion dollars. For this year most of the analysts expect a profit per share of 2,71 dollars. Based on this the price/earnings-ratio equals 22,83.
Per share a dividend of 0,54 cents is expected. The dividend return consequently equals 0,87 percent. The average dividend of the general retailer sector equals 1,40 percent.
Ross Stores is being covered by 3 analysts (only based on fundamental analysis). The average target price for the stock is at 59,33 dollars. This is around 5 percent less than the current stock price of 61,87 dollars. The three most recent recommendations for the American company were provided by Nomura Securities (buy, 61,00 dollars), RBC Capital Markets (hold, 56,00 dollars) and Goldman Sachs (hold, 61,00 dollars).
Based on the number of outstanding shares Ross Stores 's market capitalization equals 24,89 billion dollars.Last Tuesday the stock closed at 61,87 dollars.
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