Ralph Lauren Corp [RL] stock prices are up 1.47% to $223.24 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The RL shares have gain 8.62% over the last week, with a monthly amount glided 9.95%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Ralph Lauren Corp [NYSE: RL] stock has seen the most recent analyst activity on November 08, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $247 from $207. Previously, Telsey Advisory Group reaffirmed its Outperform rating on September 20, 2024, and elevated its price target to $207. On April 30, 2024, Jefferies initiated with a Buy rating and assigned a price target of $195 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $195 on February 09, 2024. Goldman upgraded its rating to a Neutral and raised its price target to $132 on December 12, 2023. Evercore ISI started tracking with a Outperform rating for this stock on November 07, 2023, and assigned it a price target of $130. In a note dated September 22, 2023, Raymond James initiated an Outperform rating and provided a target price of $135 on this stock.
The stock price of Ralph Lauren Corp [RL] has been fluctuating between $123.22 and $237.16 over the past year. Currently, Wall Street analysts expect the stock to reach $167.88 within the next 12 months. Ralph Lauren Corp [NYSE: RL] shares were valued at $223.24 at the most recent close of the market. An investor can expect a potential drop of -24.8% based on the average RL price forecast.
Analyzing the RL fundamentals
The Ralph Lauren Corp [NYSE:RL] reported sales of 6.74B for trailing twelve months, representing a surge of 5.70%. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.13%, 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 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.47.
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 218.78 points at the first support level, and at 214.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 225.74, and for the 2nd resistance point, it is at 228.24.
Ratios To Look Out For
It’s worth pointing out that Ralph Lauren Corp [NYSE:RL]’s Current Ratio is 1.72. Further, the Quick Ratio stands at 1.18, while the Cash Ratio is 0.65. Considering the valuation of this stock, the price to sales ratio is 2.06, the price to book ratio is 5.68 and price to earnings (TTM) ratio is 21.26.
Transactions by insiders
Recent insider trading involved Lauren David R., Vice Chair, Chief Innovation, that happened on Nov 08 ’24 when 37615.0 shares were sold. Officer, Lauren David R. completed a deal on Nov 08 ’24 to buy 31952.0 shares. Meanwhile, Officer Lauren David R. bought 5663.0 shares on Nov 08 ’24.
