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Friday, September 29, 2023

There Is A Quest For Clarity Surrounding Ralph Lauren Corporation (NYSE: RL) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Ralph Lauren Corporation (RL) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.56, or -0.48%, to $116.85. The Ralph Lauren Corporation has recorded 9,626 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Ralph Lauren Reports First Quarter Fiscal 2024 Results and Reiterates Full Year Outlook.

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Stocks Info

This NYSE-listed company operates within the Apparel Manufacturing industry segment, falling under the Consumer Cyclical sector. At the end of the last regular session, the stock closed at $117.41 and fluctuated between $118.24 as its day high and $116.24 as its day low. The current market capitalization of Ralph Lauren Corporation is $7.62B. A total of 0.55 million shares were traded on the day, compared to an average of 899.22K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, RL has seen 24 BUY and 19 SELL insider trades, representing the acquisition of 89,095 and the disposition of 188,117 shares. Over the last 12 months, there were 54 BUYs and 22 SELLs from insiders. Insiders purchased 102,871 shares during that period but sold 228,224.

In the most recent transaction, Louvet Patrice sold 9,272 shares of RL for 125.00 per share on Jul 10. After the transaction, the President and CEO now owns 193,060 company shares. In a previous transaction on Jan 23, Louvet Patrice sold 18,500 shares at 125.00 per share. RL shares that President and CEO owns now total 202,332.

Among the insiders who sold shares, Louvet Patrice disposed of 18,500 shares on Jan 18 at a per-share price of $120.00. This resulted in the President and CEO holding 220,832 shares of RL after the transaction.


The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Ralph Lauren Corporation pays an annual dividend of $3.00, resulting in a dividend yield of 2.56%, and it has a price to earnings (P/E) ratio of 15.01. RL’s most recent ex-dividend date was 6/29/2023 when it declared a $0.75 quarterly dividend that was paid in cash on 7/14/2023. Previously, the company paid the dividend on 4/14/2023 with an ex-dividend date of 3/30/2023. The RL stock dividend was $0.75 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for RL in the last 3 months, the mean price target is $136.61 with high estimates of $169.00 and low estimates of $100.00. In terms of 52-week highs and lows, RL has a high of $135.76 and a low of $82.23.

As of this writing, RL has an earnings estimate of $1.92 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $2 per share and a lower estimate of $1.82. The company reported an EPS of $0.9 in the last quarter, which was 47.50% higher than expectations of $0.61.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. RL’s latest balance sheet shows that the firm has $2.60B in Cash & Short Term Investments as of fiscal 2022. There were $3.37B in debt and $2.26B in liabilities at the time. Its Book Value Per Share was $37.04, while its Total Shareholder’s Equity was $2.54B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RL is Buy with a score of 4.00.

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