There’s No Need To Panic Or Freeze When It Comes To Ralph Lauren Corp (NYSE: RL)

After Hours

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. The stock was recently discussed on Yahoo Finance as it revealed that Ralph Lauren Reports Strong Third Quarter Fiscal 2024 Holiday Results Ahead of Expectations.

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Stocks Info

The company is listed on the NYSE and operates within the Apparel Manufacturing industry segment. At the end of the last regular session, the stock closed at $171.85 and fluctuated between $173.94 as its day high and $161.32 as its day low. The current market capitalization of Ralph Lauren Corp is $11.22B. A total of 4.43 million shares were traded on the day, compared to an average of 794.44K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, RL has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 45 BUYs and 20 SELLs from insiders. Insiders purchased 96,804 shares during that period but sold 191,224.

In the most recent transaction, Alagoz Halide sold 2,000 shares of RL for 143.01 per share on Dec 14. After the transaction, the Chief Product Officer now owns 29,987 company shares. In a previous transaction on Nov 29, Alagoz Halide sold 3,950 shares at 127.13 per share. RL shares that Chief Product Officer owns now total 31,987.

Among the insiders who sold shares, Louvet Patrice disposed of 95,754 shares on Nov 27 at a per-share price of $124.93. This resulted in the President and CEO holding 91,972 shares of RL after the transaction. In another insider transaction, Louvet Patrice sold 9,272 shares at $125.00 per share on Jul 10. Company shares held by the President and CEO now total 193,060.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Ralph Lauren Corp pays an annual dividend of $3.19, resulting in a dividend yield of 1.86%, and it has a price to earnings (P/E) ratio of 19.50. RL’s most recent ex-dividend date was 12/28/2023 when it declared a $0.75 quarterly dividend that was paid in cash on 1/12/2024. Previously, the company paid the dividend on 10/13/2023 with an ex-dividend date of 9/28/2023. The RL stock dividend was $0.75 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for RL in the last 3 months, the mean price target is $163.25 with high estimates of $204.00 and low estimates of $100.00. In terms of 52-week highs and lows, RL has a high of $148.84 and a low of $103.17.

As of this writing, RL has an earnings estimate of $3.54 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $3.61 per share and a lower estimate of $3.42. The company reported an EPS of $2.34 in the last quarter, which was 9.90% higher than expectations of $2.13.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. RL’s latest balance sheet shows that the firm has $2.60B in Cash & Short Term Investments as of fiscal 2022. There were $3.39B in debt and $2.26B in liabilities at the time. Its Book Value Per Share was $36.62, while its Total Shareholder’s Equity was $2.54B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 4.07.

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