Ralph Lauren Corporation (NYSE:RL) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analyst consensus: 20 analysts give Ralph Lauren a consensus rating of "Moderate Buy" (16 buys, 3 holds, 1 sell) with an average 12‑month target of $399.19 and several firms setting targets in the $420–$435 range.
• Insider transaction: CEO Patrice Louvet sold 47,000 shares for about $16.65M on Feb. 10, reducing his stake by 35.46% to 85,552 shares, while insiders collectively own 38.34% of the company.
• Recent results and payout: The company topped estimates with quarterly EPS of $6.22 (vs. $5.80) and revenue of $2.41B (up 12.2% y/y), and it pays a $3.65 annual dividend (≈1.0% yield).

Ralph Lauren Corporation (NYSE:RL - Get Free Report) has earned a consensus rating of "Moderate Buy" from the twenty brokerages that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and sixteen have given a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $399.1875.

Several equities analysts recently commented on RL shares. Deutsche Bank Aktiengesellschaft set a $422.00 target price on Ralph Lauren in a research report on Thursday, January 8th. Evercore set a $420.00 target price on Ralph Lauren and gave the stock an "outperform" rating in a research report on Friday, February 6th. Telsey Advisory Group restated an "outperform" rating and set a $435.00 target price on shares of Ralph Lauren in a research report on Thursday, February 5th. Citigroup upgraded Ralph Lauren from a "neutral" rating to a "buy" rating and raised their target price for the stock from $360.00 to $400.00 in a research report on Tuesday, March 24th. Finally, Weiss Ratings downgraded Ralph Lauren from a "buy (a-)" rating to a "buy (b+)" rating in a research report on Wednesday.

Insider Transactions at Ralph Lauren

In other Ralph Lauren news, CEO Patrice Louvet sold 47,000 shares of Ralph Lauren stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $354.22, for a total value of $16,648,340.00. Following the completion of the transaction, the chief executive officer owned 85,552 shares in the company, valued at approximately $30,304,229.44. The trade was a 35.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 38.34% of the company's stock.

Hedge Funds Weigh In On Ralph Lauren

Institutional investors have recently bought and sold shares of the business. Blueline Advisors LLC bought a new position in Ralph Lauren in the 4th quarter valued at $27,000. JPL Wealth Management LLC bought a new position in Ralph Lauren in the 3rd quarter valued at $27,000. CYBER HORNET ETFs LLC bought a new position in Ralph Lauren in the 2nd quarter valued at $28,000. Aventura Private Wealth LLC bought a new position in Ralph Lauren in the 4th quarter valued at $29,000. Finally, Rothschild Investment LLC raised its position in Ralph Lauren by 61.3% in the 3rd quarter. Rothschild Investment LLC now owns 100 shares of the textile maker's stock valued at $31,000 after purchasing an additional 38 shares during the last quarter. Institutional investors own 67.91% of the company's stock.

Ralph Lauren Price Performance

Ralph Lauren stock opened at $362.41 on Monday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.10 and a quick ratio of 1.52. The company has a market capitalization of $21.94 billion, a PE ratio of 24.67, a price-to-earnings-growth ratio of 1.27 and a beta of 1.37. Ralph Lauren has a one year low of $228.05 and a one year high of $393.41. The business has a 50 day simple moving average of $357.85 and a 200 day simple moving average of $353.79.

Ralph Lauren (NYSE:RL - Get Free Report) last posted its earnings results on Thursday, February 5th. The textile maker reported $6.22 EPS for the quarter, topping the consensus estimate of $5.80 by $0.42. The business had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.30 billion. Ralph Lauren had a return on equity of 37.97% and a net margin of 11.73%.Ralph Lauren's revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the company earned $4.82 EPS. On average, sell-side analysts forecast that Ralph Lauren will post 16.25 EPS for the current fiscal year.

Ralph Lauren Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Friday, March 27th were given a $0.9125 dividend. The ex-dividend date was Friday, March 27th. This represents a $3.65 annualized dividend and a yield of 1.0%. Ralph Lauren's payout ratio is presently 24.85%.

Ralph Lauren Company Profile

Ralph Lauren Corporation NYSE: RL is a global designer, marketer and distributor of premium lifestyle products under the Ralph Lauren name and a portfolio of related brands. The company, founded by Ralph Lauren in 1967 and headquartered in New York City, has grown from a single line of men's neckties into a global lifestyle business that spans apparel, accessories and home goods.

Ralph Lauren's product assortment includes menswear, womenswear and childrenswear along with footwear, leather goods, eyewear, fragrances and home furnishings.

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