Ralph Lauren Corp (NYSE: RL) has reported E.P.S. of $1.41 for its fourth fiscal quarter (ending March 31) versus $0.49 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $9.91 compared to $7.72 a year ago.
Recent Price Action
Ralph Lauren Corp (NYSE: RL) stock closed at $169.57 on 5/23/24 after a large increase of 3.3%. Moreover, trading volume in this advance was exceptionally high at 241% of normal. The stock has risen 1.6% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, RL is expected to continue to be a major Value Builder.
Ralph Lauren has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Ralph Lauren has a slightly negative Appreciation Score of 40 but a very high Power Rating of 93, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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