Ralph Lauren (NYSE:RL) is scheduled to release its earnings data before the market opens on Thursday, February 1st. Analysts expect Ralph Lauren to post earnings of $1.82 per share for the quarter.
Ralph Lauren (NYSE:RL) last released its quarterly earnings data on Thursday, November 2nd. The textile maker reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.09. The business had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.64 billion. Ralph Lauren had a return on equity of 14.06% and a net margin of 1.29%. The firm’s quarterly revenue was down 8.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.90 EPS. On average, analysts expect Ralph Lauren to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Ralph Lauren (NYSE:RL) opened at $116.97 on Tuesday. The stock has a market capitalization of $9,510.00, a P/E ratio of 121.84, a P/E/G ratio of 2.39 and a beta of 0.65. Ralph Lauren has a 12-month low of $66.06 and a 12-month high of $119.33. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.09 and a quick ratio of 1.55.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Friday, December 29th were given a $0.50 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $2.00 annualized dividend and a yield of 1.71%. Ralph Lauren’s dividend payout ratio (DPR) is presently 208.33%.
In other news, insider Valerie Hermann sold 2,400 shares of the stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $91.22, for a total transaction of $218,928.00. Following the transaction, the insider now directly owns 35,028 shares of the company’s stock, valued at approximately $3,195,254.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 32.93% of the stock is owned by corporate insiders.
Several research firms recently issued reports on RL. Cowen set a $89.00 price objective on Ralph Lauren and gave the company a “hold” rating in a research report on Tuesday, October 24th. TheStreet raised Ralph Lauren from a “c” rating to a “b-” rating in a research report on Monday, November 6th. Barclays upped their price objective on Ralph Lauren from $84.00 to $87.00 and gave the company an “underweight” rating in a research report on Monday, November 6th. Miller Tabak cut Ralph Lauren from a “hold” rating to a “sell” rating in a research report on Tuesday, October 10th. Finally, Zacks Investment Research cut Ralph Lauren from a “hold” rating to a “sell” rating in a research report on Monday, January 8th. Five equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $88.66.
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Ralph Lauren Company Profile
Ralph Lauren Corporation is engaged in the design, marketing and distribution of lifestyle products, including apparel, accessories, home furnishings and other licensed product categories. The Company operates through three segments: Wholesale, Retail and Licensing. Wholesale business consists of sales made to department stores and specialty stores around the world.
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