Wall Street predicts Ralph Lauren Corp (RL) stock to drop by -10.01%

A share price of Ralph Lauren Corp [RL] is currently trading at $173.13, down -0.23%. An important factor to consider is whether the stock is rising or falling in short-term value. The RL shares have gain 3.66% over the last week, with a monthly amount drifted -1.10%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Ralph Lauren Corp [NYSE: RL] stock has seen the most recent analyst activity on April 30, 2024, when Jefferies initiated its Buy rating and assigned the stock a price target of $195. Previously, Telsey Advisory Group reaffirmed its Outperform rating on February 09, 2024, and elevated its price target to $195. On December 12, 2023, upgrade upgraded it’s rating to Neutral and revised its price target to $132 on the stock. Evercore ISI started tracking the stock assigning a Outperform rating and suggested a price target of $130 on November 07, 2023. Raymond James initiated its recommendation with a Outperform and recommended $135 as its price target on September 22, 2023. Guggenheim upgraded its rating to Buy for this stock on September 18, 2023, but kept the price target unchanged to $166. In a note dated February 13, 2023, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $130 to $145.

Ralph Lauren Corp experienced fluctuations in its stock price throughout the past year between $108.60 and $192.03. Currently, Wall Street analysts expect the stock to reach $155.8 within the next 12 months. Ralph Lauren Corp [NYSE: RL] shares were valued at $173.13 at the most recent close of the market. An investor can expect a potential drop of -10.01% based on the average RL price forecast.

Analyzing the RL fundamentals

Trailing Twelve Months sales for Ralph Lauren Corp [NYSE:RL] were 6.63B which represents 1.76% growth. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.26 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.57.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 170.98 points at the first support level, and at 168.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 174.88, and for the 2nd resistance point, it is at 176.62.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Ralph Lauren Corp [NYSE:RL] is 2.29. On the other hand, the Quick Ratio is 1.68, and the Cash Ratio is 1.13. Considering the valuation of this stock, the price to sales ratio is 1.64, the price to book ratio is 4.47 and price to earnings (TTM) ratio is 17.81.

Transactions by insiders

Recent insider trading involved Nielsen Jane, COO, that happened on May 24 ’24 when 67243.0 shares were sold. 10% Owner, Lauren Family, L.L.C. completed a deal on Mar 04 ’24 to sell 3.0 million shares. Meanwhile, Chief Product Officer Alagoz Halide sold 2115.0 shares on Feb 12 ’24.

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