The Question Is Whether To Buy Or Not To Buy 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

Ralph Lauren Corp is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Apparel Manufacturing industry. At the end of the last regular session, the stock closed at $186.99 and fluctuated between $189.91 as its day high and $185.74 as its day low. The current market capitalization of Ralph Lauren Corp is $11.96B. A total of 0.84 million shares were traded on the day, compared to an average of 881.60K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. 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 2,115 shares of RL for 177.22 per share on Feb 12. After the transaction, the Chief Product Officer now owns 27,872 company shares. In a previous transaction on Dec 14, Alagoz Halide sold 2,000 shares at 143.01 per share. RL shares that Chief Product Officer owns now total 29,987.

Among the insiders who sold shares, Alagoz Halide disposed of 3,950 shares on Nov 29 at a per-share price of $127.13. This resulted in the Chief Product Officer holding 31,987 shares of RL after the transaction. In another insider transaction, Louvet Patrice sold 95,754 shares at $124.93 per share on Nov 27. Company shares held by the President and CEO now total 91,972.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Ralph Lauren Corp pays an annual dividend of $3.00, resulting in a dividend yield of 1.60%, and it has a price to earnings (P/E) ratio of 21.22. 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.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for RL in the last 3 months, the mean price target is $189.94 with high estimates of $244.00 and low estimates of $113.00. In terms of 52-week highs and lows, RL has a high of $190.41 and a low of $103.17.

As of this writing, RL has an earnings estimate of $1.64 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $1.78 per share and a lower estimate of $1.56. The company reported an EPS of $2.1 in the last quarter, which was 8.80% higher than expectations of $1.93.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. 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 $40.25, while its Total Shareholder’s Equity was $2.54B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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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