What is the best trade option for Ralph Lauren Corp (RL) stock?

A share price of Ralph Lauren Corp [RL] is currently trading at $221.70, up 6.57%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The RL shares have gain 12.01% over the last week, with a monthly amount glided 13.27%, and 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 September 20, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $207 from $195. Previously, Jefferies started tracking the stock with Buy rating on April 30, 2024, and set its price target to $195. On February 09, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $195 on the stock. Goldman upgraded its rating to a Neutral and increased its price target to $132 on December 12, 2023. Evercore ISI initiated its recommendation with a Outperform and recommended $130 as its price target on November 07, 2023. Raymond James started tracking with a Outperform rating for this stock on September 22, 2023, and assigned it a price target of $135. In a note dated September 18, 2023, Guggenheim upgraded an Buy rating on this stock but restated the target price of $166.

Ralph Lauren Corp experienced fluctuations in its stock price throughout the past year between $111.94 and $208.48. Currently, Wall Street analysts expect the stock to reach $162.47 within the next 12 months. Ralph Lauren Corp [NYSE: RL] shares were valued at $221.70 at the most recent close of the market. An investor can expect a potential drop of -26.72% based on the average RL price forecast.

Analyzing the RL fundamentals

Trailing Twelve Months sales for Ralph Lauren Corp [NYSE:RL] were 6.65B which represents 1.05% growth. Gross Profit Margin for this corporation currently stands at 0.67% 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 0.28 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.59.

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 213.33 points at the first support level, and at 204.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 233.62, and for the 2nd resistance point, it is at 245.53.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Ralph Lauren Corp [NYSE:RL] is 2.19. Also, the Quick Ratio is 1.53, while the Cash Ratio stands at 1.01. Considering the valuation of this stock, the price to sales ratio is 2.07, the price to book ratio is 5.84 and price to earnings (TTM) ratio is 21.38.

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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