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Ross Stores (NASDAQ:ROST) will announce its Q214 earnings results on Thursday, August 21st. Analysts expect the company to announce earnings of $1.08 per share and revenue of $2.71 billion for the quarter. Ross Stores has set its Q2 guidance at $1.05-$1.09 EPS and its FY15 guidance at $4.09-$4.21 EPS.Parties interested in listening to the company’s conference call can do so using this link.

Ross Stores (NASDAQ:ROST) last released its earnings data on Thursday, May 22nd. The company reported $1.15 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.15. The company had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.69 billion. During the same quarter in the previous year, the company posted $1.07 earnings per share. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. On average, analysts expect Ross Stores to post $4.21 EPS for the current fiscal year and $4.69 EPS for the next fiscal year.

Ross Stores (NASDAQ:ROST) opened at 69.31 on Wednesday. Ross Stores has a 52 week low of $61.83 and a 52 week high of $81.99. The stock has a 50-day moving average of $65.18 and a 200-day moving average of $68.37. The company has a market cap of $14.666 billion and a price-to-earnings ratio of 16.84. Ross Stores also was the target of some unusual options trading on Tuesday. Investors bought 9,493 call options on the company. This is an increase of approximately 873% compared to the average daily volume of 976 call options.

Several analysts have recently commented on the stock. Analysts at Sterne Agee downgraded shares of Ross Stores from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 16th. They now have a $68.00 price target on the stock, down previously from $81.00. On a related note, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Ross Stores in a research note on Friday, May 23rd. They now have a $76.00 price target on the stock, down previously from $78.00. Finally, analysts at Morgan Stanley cut their price target on shares of Ross Stores to $81.00 in a research note on Friday, May 23rd. They now have an “overweight” rating on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company. Ross Stores has an average rating of “Hold” and a consensus price target of $76.56.

Ross Stores, Inc is an off-price apparel and home fashion chain in the United States. The Company operates two brands of off-price retail apparel and home fashion stores: Ross Dress for Less (NASDAQ:ROST) and dd’s DISCOUNTS.

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