For its second fiscal quarter (ending September 30), Ralph Lauren Corp (NYSE: RL) has reported a 1% increase in E.P.S. from $2.21 a year ago to $2.24 in the current quarter. E.P.S. were $7.99 for the latest four quarters through September 30 versus $7.29 for the same period a year ago — an increase of 10%.
Recent Price Action
Ralph Lauren Corp (NYSE: RL) stock closed at $116.47 on 11/8/23 after a large increase of 3.2%. The stock has been strong relative to the market over the last nine months and has risen 3.5% during the last week.
Current PriceTarget Research Rating
RL’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Ralph Lauren has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Ralph Lauren has a slightly negative Appreciation Score of 36 but a slightly positive Power Rating of 61, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment