The stock of Ralph Lauren Corporation (RL) has gone up by 1.08% for the week, with a 1.79% rise in the past month and a -4.16% drop in the past quarter. The volatility ratio for the week is 3.10%, and the volatility levels for the past 30 days are 2.69% for RL. The simple moving average for the last 20 days is 2.29% for RL stock, with a simple moving average of 6.64% for the last 200 days.
Is It Worth Investing in Ralph Lauren Corporation (NYSE: RL) Right Now?
Ralph Lauren Corporation (NYSE: RL) has a higher price-to-earnings ratio of 15.31x compared to its average ratio, and the 36-month beta value for RL is at 1.39. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 1 rating it as “overweight,” 7 as “hold,” and 0 as “sell.”
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The average price suggested by analysts for RL is $134.27, which is $14.96 above the current market price. The public float for RL is 40.20M, and currently, shorts hold a 14.59% of that float. The average trading volume for RL on May 26, 2023 was 858.01K shares.
RL) stock’s latest price update
The stock price of Ralph Lauren Corporation (NYSE: RL) has surged by 5.34 when compared to previous closing price of 108.22, but the company has seen a 1.08% gain in its stock price over the last five trading sessions. Barron’s reported on 02/13/23 that Ralph Lauren Stock Is Upgraded. ‘Strong Revenue Trends’ Seen Continuing.
RL Trading at 0.37% from the 50-Day Moving Average
After a stumble in the market that brought RL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.59% of loss for the given period.
Volatility was left at 2.69%, however, over the last 30 days, the volatility rate increased by 3.10%, as shares sank -0.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.11% upper at present.
During the last 5 trading sessions, RL rose by +1.08%, which changed the moving average for the period of 200-days by +17.81% in comparison to the 20-day moving average, which settled at $111.41. In addition, Ralph Lauren Corporation saw 7.88% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RL starting from Louvet Patrice, who sale 18,500 shares at the price of $125.00 back on Jan 23. After this action, Louvet Patrice now owns 202,332 shares of Ralph Lauren Corporation, valued at $2,312,500 using the latest closing price.
Louvet Patrice, the President and CEO of Ralph Lauren Corporation, sale 18,500 shares at $120.00 during a trade that took place back on Jan 18, which means that Louvet Patrice is holding 220,832 shares at $2,220,000 based on the most recent closing price.
Stock Fundamentals for RL
Current profitability levels for the company are sitting at:
- +13.73 for the present operating margin
- +63.16 for the gross margin
The net margin for Ralph Lauren Corporation stands at +9.65. The total capital return value is set at 14.05, while invested capital returns managed to touch 10.86. Equity return is now at value 21.40, with 7.20 for asset returns.
Based on Ralph Lauren Corporation (RL), the company’s capital structure generated 133.75 points at debt to equity in total, while total debt to capital is 57.22. Total debt to assets is 43.91, with long-term debt to equity ratio resting at 102.93. Finally, the long-term debt to capital ratio is 44.03.
When we switch over and look at the enterprise to sales, we see a ratio of 1.23, with the company’s debt to enterprise value settled at 0.37. The receivables turnover for the company is 11.16 and the total asset turnover is 0.80. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.87.
Conclusion
In conclusion, Ralph Lauren Corporation (RL) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
