Home  »  Companies   »  Something To Watch Before Buying Ralph Lauren Corp...

Something To Watch Before Buying Ralph Lauren Corporation (NYSE:RL)

Ralph Lauren Corporation (NYSE:RL) previous close was $138.12 while the outstanding shares total 73.60M. The firm has a beta of 1.52. RL’s shares traded lower over the last trading session, losing -1.03% on 05/18/21. The shares fell to a low of $136.41 before closing at $136.70. Intraday shares traded counted 1.08 million, which was -10.49% lower than its 30-day average trading volume of 975.46K. The stock’s Relative Strength Index (RSI) is 58.74, with weekly volatility at 3.89% and ATR at 4.30. The RL stock’s 52-week price range has touched low of $63.90 and a $142.06 high.

Investors have identified the Apparel Manufacturing company Ralph Lauren Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $9.63 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Ralph Lauren Corporation (RL) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For RL, the company has in raw cash 2.62 billion on their books with 0.0 currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 4.28 billion total, with 1.68 billion as their total liabilities.

Having a look at the company’s valuation, the company is expected to record 6.55 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on RL sounds very interesting.

Is the stock of RL attractive?

In related news, CFO and COO, Nielsen Jane sold 14,389 shares of the company’s stock in a transaction that recorded on Apr 27. The sale was performed at an average price of 129.00, for a total value of 1,856,181. As the sale deal closes, the CFO and COO, Nielsen Jane now sold 10,627 shares of the company’s stock, valued at 1,356,994. Also, EVP, Chief Commercial Officer, Smith Andrew Howard sold 3,164 shares of the company’s stock in a deal that was recorded on Apr 07. The shares were price at an average price of 125.00 per share, with a total market value of 395,500. Following this completion of acquisition, the EVP, Chief Commercial Officer, Smith Andrew Howard now holds 9,763 shares of the company’s stock, valued at 1,171,560. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.70%.

9 out of 20 analysts covering the stock have rated it a Buy, while 9 have maintained a Hold recommendation on Ralph Lauren Corporation. 0 analysts has assigned a Sell rating on the RL stock. The 12-month mean consensus price target for the company’s shares has been set at $129.66.

Leave a Comment

Your email address will not be published. Required fields are marked *