Jump Report
| Avg Daily Volume: 2,147,126 Market Cap: 35.72B Sector: Services Short Interest: 1.63 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: 1.12 REV: 3,790/M
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LAST QTR: EPS: 1.13/share ACTUAL: 1.20/share (BEAT)
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NEXT QTR: EPS: 1.14/share REV: 3,970/M
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FY19: EPS: 4.52/share REV: 15,900/M
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*These are the base metrics we will be watching against the actual release numbers
BEAT/MISS HISTORY: 67% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) 2.47, -10.03, -3.9
POTENTIAL JUMP MOVE: 8-10%
Links To Latest News and Headlines
If you buy and hold a stock for many years, you’d hope to be making a profit. Better yet, you’d like to see the share…
Ross Stores (ROST) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company’s earnings prospects. This might drive the stock higher in the near term.
TGT vs. ROST: Which Stock Is the Better Value Option?
Opendoor (NASDAQ: OPEN) recently added a $3 billion mezzanine debt facility, according to an SEC filing, which brings the company’s total borrowing capacity to $9 billion. The Millionacres takeaway: Our Matt Frankel provides insight here on how many homes this iBuying disruptor can add to its balance sheet with that kind of quid, and how this disruptor and its competitors are faring in the overall market and against each other. Awning, a real estate brokerage that focuses on buying single-family homes for investors, recently emerged from stealth mode and raised $9.3 million in a seed funding round led by Global Founders Capital.
Ross Stores Inc (NASDAQ: ROST) announced the recent opening of 18 Ross Dress for Less and 10 dd’s DISCOUNTS stores across 15 different states in September and October. With the latest move, the company has achieved its target for FY21 of 65 new stores. In addition to openings in California, Florida, and Texas, Ross strengthened its presence in Nebraska and Ohio while dd’s bolstered its store base in Illinois. “Looking ahead, we remain confident in our expansion plans and continue to see plenty o
Analysis and trade direction are uploaded generally between noon and 1pm EST for most events. ALWAYS check back near market close for updates as the analysis can change by end of session.
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ANALYSIS:
StockJumpers trajectory analysis reveals a positive market reaction to the earnings release. We think they will beat, and show a favorable guidance for next quarter. The options have this priced in at an 8% move
We are LONG for the event.
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TRADE PLAN:
ENTRY: BUY – end of day
STOP LOSS: 5%
TAKE PROFIT: 8%
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UPDATE: (3:03PM) We remain biased long on the event.
POST RELEASE ACTION: we are setting a close at break-even
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NOTE: There is a significant amount of data behind the scenes in getting to the analysis in the tab above. Too much information for traders only confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.