The closing price of Ralph Lauren Corp (NYSE: RL) was $170.66 for the day, down -0.75% from the previous closing price of $171.95. In other words, the price has decreased by -$1.29 from its previous closing price. On the day, 1285901 shares were traded.
Ratios:
Our analysis of RL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.06. For the most recent quarter (mrq), Quick Ratio is recorded 1.54 and its Current Ratio is at 2.17. In the meantime, Its Debt-to-Equity ratio is 1.07 whereas as Long-Term Debt/Eq ratio is at 0.96.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on February 09, 2024, Reiterated its Outperform rating but revised its target price to $195 from $165 previously.
On December 12, 2023, Goldman Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $107 to $132.
On November 07, 2023, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $130.Evercore ISI initiated its Outperform rating on November 07, 2023, with a $130 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 04 ’24 when Lauren Family, L.L.C. sold 3,000,000 shares for $177.15 per share. The transaction valued at 531,450,000 led to the insider holds 0 shares of the business.
Alagoz Halide sold 2,115 shares of RL for $374,821 on Feb 12 ’24. The Chief Product Officer now owns 27,872 shares after completing the transaction at $177.22 per share. On Dec 14 ’23, another insider, Alagoz Halide, who serves as the Chief Product Officer of the company, sold 2,000 shares for $143.01 each. As a result, the insider received 286,020 and left with 29,987 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RL now has a Market Capitalization of 10.91B and an Enterprise Value of 11.75B. As of this moment, Ralph’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.36, and their Forward P/E ratio for the next fiscal year is 15.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.65 while its Price-to-Book (P/B) ratio in mrq is 4.24. Its current Enterprise Value per Revenue stands at 1.78 whereas that against EBITDA is 11.95.
Stock Price History:
Over the past 52 weeks, RL has reached a high of $192.03, while it has fallen to a 52-week low of $103.17. The 50-Day Moving Average of the stock is 174.90, while the 200-Day Moving Average is calculated to be 137.12.
Shares Statistics:
RL traded an average of 1.00M shares per day over the past three months and 899.14k shares per day over the past ten days. A total of 40.70M shares are outstanding, with a floating share count of 37.70M. Insiders hold about 41.04% of the company’s shares, while institutions hold 63.78% stake in the company. Shares short for RL as of Mar 15, 2024 were 3M with a Short Ratio of 2.99, compared to 3.32M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.69% and a Short% of Float of 10.78%.
Dividends & Splits
With its trailing 12-month dividend rate of 3.00, RL has a forward annual dividend rate of 3.00. Against a Trailing Annual Dividend Yield of 1.74%, it implies a Forward Annual Dividend Yield of 1.76%. The stock’s 5-year Average Dividend Yield is 2.23.
Earnings Estimates
The firm’s stock currently is rated by 14 analysts. On average, analysts expect EPS of $1.64 for the current quarter, with a high estimate of $1.78 and a low estimate of $1.56, while EPS last year was $0.9. The consensus estimate for the next quarter is $2.62, with high estimates of $2.85 and low estimates of $2.31.
Analysts are recommending an EPS of between $10.4 and $10.16 for the fiscal current year, implying an average EPS of $10.26. EPS for the following year is $11.21, with 18 analysts recommending between $12.78 and $10.31.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 14 analysts. It ranges from a high estimate of $1.59B to a low estimate of $1.54B. As of the current estimate, Ralph Lauren Corp’s year-ago sales were $1.54B, an estimated increase of 1.40% from the year-ago figure.
A total of 18 analysts have provided revenue estimates for RL’s current fiscal year. The highest revenue estimate was $6.66B, while the lowest revenue estimate was $6.59B, resulting in an average revenue estimate of $6.63B. In the same quarter a year ago, actual revenue was $6.44B, up 2.80% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $6.91B in the next fiscal year. The high estimate is $7.04B and the low estimate is $6.77B. The average revenue growth estimate for next year is up 4.40% from the average revenue estimate for this year.
