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
Announcement of Periodic Review: Moody’s announces completion of a periodic review of ratings of Ross Stores, Inc.Global Credit Research – 09 Apr 2021New York, April 09, 2021 — Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Ross Stores, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 6 April 2021 in which Moody’s reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody’s practice has been to issue a press release following each periodic review to announce its completion.This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Ross Stores (ROST) reported earnings 30 days ago. What’s next for the stock? We take a look at earnings estimates for some clues.
How far off is Ross Stores, Inc. ( NASDAQ:ROST ) from its intrinsic value? Using the most recent financial data, we’ll…
In this article you are going to find out whether hedge funds think Ross Stores, Inc. (NASDAQ:ROST) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks […]
A new round of stimulus checks will boost consumers’ spending power, and more vaccinations will make people feel safer to shop at stores.
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.