Taking on analysts’ expectations and winning: Ralph Lauren Corp (RL)

With 1.08 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.04 million shares. During the session, the Apparel Manufacturing company that operates in wider Consumer Cyclical sector, reached to the highest price of $159.825 whereas the lowest price it dropped to was $157.0. The 52-week range on RL shows that it touched its highest point at $192.03 and its lowest point at $103.17 during that stretch. It currently has a 1-year price target of $191.33. With its current market cap of 10.06 billion, RL has annualized dividend of $3.00 while the current yield stands at 1.91%. Beta for the stock currently stands at 1.57.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RL was down-trending over the past week, with a drop of -4.66%, but this was down by -14.64% over a month. Three-month performance surged to 14.01% while six-month performance rose 35.55%. The stock gained 34.06% in the past year, while it has gained 9.11% so far this year. A look at the trailing 12-month EPS for RL yields 8.81 with Next year EPS estimates of 11.27. For the next quarter, that number is 1.66. This implies an EPS growth rate of 23.07% for this year and 9.80% for next year. EPS is expected to grow by 15.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 30.87%.

Float and Shares Shorts:

At present, 40.70 million RL shares are outstanding with a float of 37.70 million shares on hand for trading. On 2024-03-28, short shares totaled 3.1 million, which was 484.0 higher than short shares on 1709164800. In addition to Mr. Ralph Lauren as the firm’s Executive Chairman & Chief Creative Officer, Mr. Patrice Jean Louis Louvet serves as its President, CEO & Director.

Institutional Ownership:

Through their ownership of 1.06978 of RL’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-30, RL reported revenue of $1934000000.0 and operating income of $318400000.0. The EBITDA in the recently reported quarter was $397300000.0 and diluted EPS was $4.19.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RL since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.