Ralph Lauren Corp (NYSE:RL) shares, rose in value on Friday, May 30, with the stock price down by -0.33% to the previous day’s close as strong demand from buyers drove the stock to $276.81.
Actively observing the price movement in the last trading, the stock closed the session at $277.73. The PE ratio was 23.84 over 12-month period. Referring to stock’s 52-week performance, its high was $289.33, and the low was $155.96. On the whole, RL has fluctuated by 23.05% over the past month.
With the market capitalization of Ralph Lauren Corp currently standing at about $16.70 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 3.30, with its dividend yield at 1.19%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.39B, with a low estimate of 1.62B and a high estimate of 1.7B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.65B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RL’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.06, with the price of RL currently trading nearly 4.38% and 18.06% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 64.71, while the 7-day volatility ratio is showing 2.85% which for the 30-day chart, stands at 2.29%. Furthermore, Ralph Lauren Corp (RL)’s beta value is 1.53, and its average true range (ATR) is 9.34.
A comparison of Ralph Lauren Corp (RL) with its peers suggests the former has fared considerably weaker in the market. RL showed an intraday change of -0.33% in last session, and over the past year, it grew by 52.72%%.
Data on historical trading for Ralph Lauren Corp (NYSE:RL) indicates that the trading volumes over the past 3 months, they’ve averaged 1.09 million. According to company’s latest data on outstanding shares, there are 39.60 million shares outstanding.
Nearly 38.43% of Ralph Lauren Corp’s shares belong to company insiders and institutional investors own 66.49% of the company’s shares. The stock has risen by 19.84% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RL stock heading into the next quarter.
