Ralph Lauren Corp (NYSE:RL)’s traded shares stood at 0.88 million during the last session, with the company’s beta value hitting 1.58. At the close of trading, the stock’s price was $158.46, to imply an increase of 0.72% or $1.13 in intraday trading. The RL share’s 52-week high remains $192.03, putting it -21.19% down since that peak but still an impressive 34.89% since price per share fell to its 52-week low of $103.17. The company has a valuation of $10.13B, with an average of 1.04 million shares over the past 3 months.
Ralph Lauren Corp (NYSE:RL) trade information
After registering a 0.72% upside in the last session, Ralph Lauren Corp (RL) has traded red over the past five days. The stock hit a weekly high of 164.36, jumping 0.72% in its intraday price action. The 5-day price performance for the stock is -1.14%, and -16.74% over 30 days. With these gigs, the year-to-date price performance is 9.89%.
Ralph Lauren Corp (RL) estimates and forecasts
Looking at statistics comparing Ralph Lauren Corp share performance against respective industry, we note that the company has outperformed competitors. Ralph Lauren Corp (RL) shares are 36.24% up over the last 6 months, with its year-to-date growth rate higher than industry average at 22.66% against 2.50%. Revenue is forecast to grow 83.30% this quarter before jumping 12.00% for the next one. The rating firms project that company’s revenue will grow 2.80% compared to the previous financial year.
Revenue forecast for the current quarter as set by 14 analysts is $1.56 billion. Meanwhile, for the quarter ending Jun 2024, a total of 9 analyst(s) estimate revenue growth to $1.55 billion.Earnings reports from the last fiscal year show that sales brought in $1.54 billion and -$ respectively in the corresponding quarters.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 30.87% for the past 5-year period. While 2024 is set for a 23.07% return in earnings, projections for the next 5 years are at 15.00% annually.
RL Dividends
Ralph Lauren Corp has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Ralph Lauren Corp has a forward dividend ratio of 3.00, with the share yield ticking at 1.89% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
