News coverage about Ralph Lauren (NYSE:RL) has trended somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ralph Lauren earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news headlines about the textile maker an impact score of 46.4520989146502 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
A number of research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Ralph Lauren from a “hold” rating to a “buy” rating and set a $126.00 price target on the stock in a research note on Wednesday, April 11th. ValuEngine lowered shares of Ralph Lauren from a “buy” rating to a “hold” rating in a research note on Friday, March 23rd. Cowen raised shares of Ralph Lauren from a “market perform” rating to an “outperform” rating and decreased their price objective for the stock from $119.33 to $66.06 in a report on Thursday, March 22nd. Credit Suisse Group started coverage on shares of Ralph Lauren in a report on Monday, March 12th. They set an “outperform” rating and a $125.00 price objective on the stock. Finally, Bank of America boosted their price objective on shares of Ralph Lauren from $80.00 to $95.00 and gave the stock an “underperform” rating in a report on Friday, February 2nd. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $99.00.
RL stock traded down $3.82 during trading on Friday, reaching $106.27. 955,042 shares of the company were exchanged, compared to its average volume of 745,495. The company has a market cap of $8,638.58, a P/E ratio of 18.61, a P/E/G ratio of 1.70 and a beta of 0.64. Ralph Lauren has a 52-week low of $66.06 and a 52-week high of $119.33. The company has a current ratio of 2.07, a quick ratio of 1.58 and a debt-to-equity ratio of 0.09.
Ralph Lauren (NYSE:RL) last announced its quarterly earnings results on Thursday, February 1st. The textile maker reported $2.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.16. Ralph Lauren had a negative net margin of 1.33% and a positive return on equity of 14.64%. The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the prior year, the firm earned $1.86 earnings per share. The company’s revenue for the quarter was down 4.3% compared to the same quarter last year. equities research analysts expect that Ralph Lauren will post 5.98 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, April 13th. Shareholders of record on Thursday, March 29th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.88%. The ex-dividend date of this dividend was Wednesday, March 28th. Ralph Lauren’s dividend payout ratio (DPR) is presently 35.03%.
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Ralph Lauren Company Profile
Ralph Lauren Corporation designs, markets, and distributes lifestyle products worldwide. The company operates in three segments: North America, Europe, and Asia. It offers apparel, including a range of men's, women's, and children's clothing; accessories, which comprise footwear, eyewear, watches, fine jewelry, hats, belts, and leather goods, such as handbags and luggage; home products consisting of bedding and bath products, furniture, fabrics and wallpapers, lightings, paints, tabletops, and giftware; and fragrances.
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