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Ross Stores (ROST) Looks Good: Stock Adds 10% in Session
Ross Stores, Inc. (ROST - Free Report) was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $63.42 to $65.76 in the past one month time frame.
The move came after the company reported better-than-expected third-quarter 2017 results.
The company has seen a mixed track record when it comes to estimate revisions of three increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Ross Stores currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
Ross Stores, Inc. Price
Ross Stores, Inc. Price | Ross Stores, Inc. Quote
Investors interested in the Retail - Discount Stores industry may consider Big Lots, Inc. (BIG - Free Report) , which also has a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is ROST going up? Or down? Predict to see what others think:Up or Down
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