Alert: Positive Investment/Fundamental Signals (11/17/23)-Ralph Lauren Corp (NYSE: RL)


Ralph Lauren Corp (NYSE: RL) has recently enjoyed extremely meaningful positive changes in investment behavior: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and its shorter term price trend turned up.

Small positive changes in fundamentals have recently occurred for Ralph Lauren Corp (NYSE: RL): significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

RL is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Ralph Lauren has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Ralph Lauren has a slightly negative Appreciation Score of 34 but a slightly positive Power Rating of 63, with the Neutral Value Trend Rating the result.

Recent Price Action

Ralph Lauren Corp (NYSE: RL) stock rose modestly by 0.9% on 11/17/23. The stock closed at $121.75. The stock has been strong relative to the market over the last nine months and has risen 4.4% during the last week.

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