Ralph Lauren Corp (NYSE: RL) has reported earnings for its first fiscal quarter (ending June 30) of $2.67 versus $2.01 for the same period a year ago — an increase of 33%. For the latest four quarters through June 30, E.P.S. were $10.57 compared to $7.97 a year ago — an increase of 33%.
Recent Price Action
On 8/7/24, Ralph Lauren Corp (NYSE: RL) stock declined by -3.4%, closing at $159.39. Moreover, trading volume in this decline was above average at 144% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -7.9% during the last week.
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 C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Ralph Lauren has a poor Appreciation Score of 21 but a good Power Rating of 79, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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