Ralph Lauren (RL) to Release Quarterly Earnings on Wednesday

Ralph Lauren (NYSE:RL) will be announcing its earnings results before the market opens on Wednesday, May 23rd. Analysts expect the company to announce earnings of $0.83 per share for the quarter.

RL stock opened at $115.46 on Monday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.58 and a current ratio of 2.07. Ralph Lauren has a 12-month low of $66.06 and a 12-month high of $119.33. The stock has a market capitalization of $9.39 billion, a P/E ratio of 20.22, a PEG ratio of 1.85 and a beta of 0.63.

Several equities research analysts recently issued reports on RL shares. Zacks Investment Research upgraded Ralph Lauren from a “hold” rating to a “buy” rating and set a $116.00 price objective on the stock in a report on Tuesday, February 13th. ValuEngine cut Ralph Lauren from a “buy” rating to a “hold” rating in a report on Friday, March 23rd. Cowen upgraded Ralph Lauren from a “market perform” rating to an “outperform” rating and lowered their target price for the stock from $119.33 to $66.06 in a report on Thursday, March 22nd. Piper Jaffray Companies set a $109.00 target price on Ralph Lauren and gave the stock a “sell” rating in a report on Tuesday, January 30th. Finally, Credit Suisse Group assumed coverage on Ralph Lauren in a report on Monday, March 12th. They set an “outperform” rating and a $125.00 target price on the stock. Four analysts have rated the stock with a sell rating, nine have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Ralph Lauren presently has a consensus rating of “Hold” and a consensus price target of $99.00.

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.

Earnings History for Ralph Lauren (NYSE:RL)

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