Ralph Lauren Co. (NYSE:RL) Receives Average Recommendation of “Moderate Buy” from Analysts

Ralph Lauren Co. (NYSE:RL) has been given an average recommendation of “Moderate Buy” by the eleven analysts that are presently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $276.55.

A number of brokerages recently commented on RL. Raymond James lowered shares of Ralph Lauren from an “outperform” rating to a “market perform” rating in a research note on Monday, January 27th. Jefferies Financial Group boosted their target price on Ralph Lauren from $285.00 to $330.00 and gave the company a “buy” rating in a research report on Thursday. Cfra set a $171.00 price objective on shares of Ralph Lauren in a report on Thursday, October 17th. TD Cowen lifted their target price on Ralph Lauren from $258.00 to $268.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, UBS Group increased their price target on shares of Ralph Lauren from $332.00 to $348.00 and gave the stock a “buy” rating in a report on Friday.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Huntington National Bank boosted its stake in Ralph Lauren by 86.6% in the third quarter. Huntington National Bank now owns 222 shares of the textile maker’s stock worth $43,000 after purchasing an additional 103 shares in the last quarter. Jones Financial Companies Lllp lifted its position in Ralph Lauren by 281.1% during the 4th quarter. Jones Financial Companies Lllp now owns 202 shares of the textile maker’s stock worth $47,000 after buying an additional 149 shares in the last quarter. True Wealth Design LLC grew its holdings in Ralph Lauren by 8,933.3% during the 3rd quarter. True Wealth Design LLC now owns 271 shares of the textile maker’s stock worth $53,000 after acquiring an additional 268 shares during the last quarter. AM Squared Ltd acquired a new stake in Ralph Lauren in the 3rd quarter valued at about $58,000. Finally, Versant Capital Management Inc raised its stake in shares of Ralph Lauren by 333.3% in the fourth quarter. Versant Capital Management Inc now owns 351 shares of the textile maker’s stock worth $81,000 after acquiring an additional 270 shares during the last quarter. 67.91% of the stock is currently owned by institutional investors and hedge funds.

Ralph Lauren Stock Down 1.4 %

RL opened at $269.27 on Friday. Ralph Lauren has a one year low of $155.96 and a one year high of $289.33. The company has a market cap of $16.72 billion, a price-to-earnings ratio of 25.67, a PEG ratio of 1.86 and a beta of 1.49. The business’s fifty day moving average is $239.00 and its two-hundred day moving average is $205.85. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.18 and a current ratio of 1.72.

Ralph Lauren (NYSE:RL) last released its quarterly earnings data on Thursday, February 6th. The textile maker reported $4.82 EPS for the quarter, topping analysts’ consensus estimates of $4.46 by $0.36. Ralph Lauren had a return on equity of 29.44% and a net margin of 10.15%. Analysts anticipate that Ralph Lauren will post 11.71 EPS for the current fiscal year.

Ralph Lauren Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, December 27th were given a dividend of $0.825 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a $3.30 annualized dividend and a dividend yield of 1.23%. Ralph Lauren’s dividend payout ratio is presently 31.46%.

About Ralph Lauren

Ralph Lauren Corporation designs, markets, and distributes lifestyle products in North America, Europe, Asia, and internationally. The company offers apparel, including a range of men’s, women’s, and children’s clothing; footwear and accessories, which comprise casual shoes, dress shoes, boots, sneakers, sandals, eyewear, watches, fashion and fine jewelry, scarves, hats, gloves, and umbrellas, as well as leather goods, such as handbags, luggage, small leather goods, and belts; home products consisting of bed and bath lines, furniture, fabric and wallcoverings, floor coverings, lighting, tabletop, kitchen linens, floor coverings, dining, decorative accessories, and giftware; and fragrances.