Ralph Lauren Corp (NYSE: RL) has seen a rise in its stock price by 0.35 in relation to its previous close of 170.67. However, the company has experienced a -1.90% decline in its stock price over the last five trading sessions. zacks.com reported 2024-08-30 that The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here’s why you should take advantage.
Is It Worth Investing in Ralph Lauren Corp (NYSE: RL) Right Now?
The price-to-earnings ratio for Ralph Lauren Corp (NYSE: RL) is above average at 16.51x. The 36-month beta value for RL is also noteworthy at 1.51. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 17 rating it as “hold,” and 2 rating it as “sell.”
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The public float for RL is 38.65M, and at present, short sellers hold a 6.85% of that float. The average trading volume of RL on September 02, 2024 was 832.96K shares.
RL’s Market Performance
RL’s stock has seen a -1.90% decrease for the week, with a -0.78% drop in the past month and a -8.36% fall in the past quarter. The volatility ratio for the week is 2.21%, and the volatility levels for the past 30 days are at 2.90% for Ralph Lauren Corp The simple moving average for the past 20 days is 3.45% for RL’s stock, with a 4.99% simple moving average for the past 200 days.
Analysts’ Opinion of RL
Many brokerage firms have already submitted their reports for RL stocks, with Jefferies repeating the rating for RL by listing it as a “Buy.” The predicted price for RL in the upcoming period, according to Jefferies is $195 based on the research report published on April 30, 2024 of the current year 2024.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see RL reach a price target of $195, previously predicting the price at $165. The rating they have provided for RL stocks is “Outperform” according to the report published on February 09th, 2024.
Goldman gave a rating of “Neutral” to RL, setting the target price at $132 in the report published on December 12th of the previous year.
RL Trading at 0.46% 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 -10.82% of loss for the given period.
Volatility was left at 2.90%, however, over the last 30 days, the volatility rate increased by 2.21%, as shares surge +4.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.22% lower at present.
During the last 5 trading sessions, RL fell by -1.90%, which changed the moving average for the period of 200-days by +48.46% in comparison to the 20-day moving average, which settled at $165.90. In addition, Ralph Lauren Corp saw 18.77% 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 Nielsen Jane, who sale 67,243 shares at the price of $171.25 back on May 24 ’24. After this action, Nielsen Jane now owns 44,591 shares of Ralph Lauren Corp, valued at $11,515,478 using the latest closing price.
Lauren Family, L.L.C., the 10% Owner of Ralph Lauren Corp, sale 3,000,000 shares at $177.15 during a trade that took place back on Mar 04 ’24, which means that Lauren Family, L.L.C. is holding 0 shares at $531,450,000 based on the most recent closing price.
Stock Fundamentals for RL
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 0.65 for the gross margin
The net margin for Ralph Lauren Corp stands at 0.1. The total capital return value is set at 0.16. Equity return is now at value 28.40, with 10.11 for asset returns.
Based on Ralph Lauren Corp (RL), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.77. The debt to equity ratio resting at 0.59. The interest coverage ratio of the stock is 19.25.
Currently, EBITDA for the company is 1.04 billion with net debt to EBITDA at 1.0. When we switch over and look at the enterprise to sales, we see a ratio of 1.76. The receivables turnover for the company is 13.65for trailing twelve months and the total asset turnover is 1.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.19.
Conclusion
In summary, Ralph Lauren Corp (RL) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.
