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Ross Stores (NASDAQ:ROST) EVP Lisa R. Panattoni sold 5,932 shares of Ross Stores stock on the open market in a transaction dated Friday, April 4th. The stock was sold at an average price of $73.45, for a total transaction of $435,705.40. Following the sale, the executive vice president now directly owns 202,003 shares in the company, valued at approximately $14,837,120. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Ross Stores (NASDAQ:ROST) traded down 2.22% on Monday, hitting $70.7699. 1,317,276 shares of the company’s stock traded hands. Ross Stores has a 52-week low of $58.60 and a 52-week high of $81.99. The stock has a 50-day moving average of $71.61 and a 200-day moving average of $72.98. The company has a market cap of $15.072 billion and a price-to-earnings ratio of 18.65.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings results on Thursday, February 27th. The company reported $1.02 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.02. The company had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.75 billion. During the same quarter last year, the company posted $1.07 earnings per share. Ross Stores’s revenue was down .7% compared to the same quarter last year. On average, analysts predict that Ross Stores will post $4.23 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on ROST shares. Analysts at RBC Capital upgraded shares of Ross Stores from a “sector perform” rating to an “outperform” rating in a research note on Monday, March 24th. They now have a $81.00 price target on the stock, up previously from $79.00. Separately, analysts at EVA Dimensions upgraded shares of Ross Stores from an “overweight” rating to a “buy” rating in a research note on Friday, March 14th. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Ross Stores from $80.00 to $78.00 in a research note on Monday, March 3rd. One research analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $76.58.

Ross Stores, Inc is an off-price apparel and home fashion chain in the United States, with 1,091 locations in 33 states, the District of Columbia and Guam.

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