Ralph Lauren Corp (NYSE: RL) is 9.11% higher on its value in year-to-date trading and has touched a low of $103.17 and a high of $192.03 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RL stock was last observed hovering at around $159.25 in the last trading session, with the day’s loss setting it -1.92%.
Currently trading at $157.33, the stock is -10.04% and -11.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing -1.21% at the moment leaves the stock 13.54% off its SMA200. RL registered 34.06% gain for a year compared to 6-month gain of 35.55%.
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The stock witnessed a -14.64% loss in the last 1 month and extending the period to 3 months gives it a 14.01%, and is -4.66% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.39% over the week and 2.10% over the month.
Ralph Lauren Corp (RL) has around 23300 employees, a market worth around $10.06B and $6.60B in sales. Current P/E ratio is 17.85 and Fwd P/E is 13.96. Profit margin for the company is 8.90%. Distance from 52-week low is 52.50% and -18.07% from its 52-week high. The company has generated returns on investments over the last 12 months (11.64%).
The EPS is expected to grow by 23.07% this year
The shares outstanding are 40.70M, and float is at 37.70M with Short Float at 8.21%.
Ralph Lauren Corp (RL) Insider Activity
The most recent transaction is an insider sale by Lauren Family, L.L.C., the company’s 10% Owner. SEC filings show that Lauren Family, L.L.C. sold 3,000,000 shares of the company’s common stock on Mar 04 ’24 at a price of $177.15 per share for a total of $531.45 million. Following the sale, the insider now owns 0.0 shares.
Ralph Lauren Corp disclosed in a document filed with the SEC on Feb 12 ’24 that Alagoz Halide (Chief Product Officer) sold a total of 2,115 shares of the company’s common stock. The trade occurred on Feb 12 ’24 and was made at $177.22 per share for $0.37 million. Following the transaction, the insider now directly holds 27872.0 shares of the RL stock.
Still, SEC filings show that on Dec 14 ’23, Alagoz Halide (Chief Product Officer) disposed off 2,000 shares at an average price of $143.01 for $0.29 million. The insider now directly holds 29,987 shares of Ralph Lauren Corp (RL).
