Ralph Lauren (RL) to Release Earnings on Thursday

Ralph Lauren (NYSE:RL) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $2.39 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Ralph Lauren (NYSE:RL) last issued its quarterly earnings results on Wednesday, August 7th. The textile maker reported $2.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.45 by $0.25. Ralph Lauren had a net margin of 10.27% and a return on equity of 28.79%. The business had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter in the prior year, the company earned $2.34 EPS. The firm’s quarterly revenue was up 1.0% on a year-over-year basis. On average, analysts expect Ralph Lauren to post $11 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Ralph Lauren Stock Performance

Ralph Lauren stock opened at $203.36 on Wednesday. The company has a current ratio of 2.19, a quick ratio of 1.53 and a debt-to-equity ratio of 0.59. Ralph Lauren has a 1 year low of $111.94 and a 1 year high of $207.06. The company has a market cap of $12.60 billion, a PE ratio of 19.61, a PEG ratio of 1.61 and a beta of 1.49. The company’s 50-day moving average is $190.10 and its two-hundred day moving average is $178.32.

Ralph Lauren Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Friday, September 27th were given a dividend of $0.825 per share. The ex-dividend date was Friday, September 27th. This represents a $3.30 dividend on an annualized basis and a yield of 1.62%. Ralph Lauren’s payout ratio is presently 31.82%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on RL shares. StockNews.com downgraded shares of Ralph Lauren from a “buy” rating to a “hold” rating in a research report on Tuesday, October 22nd. Guggenheim upped their target price on shares of Ralph Lauren from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Monday, October 28th. Wells Fargo & Company upped their target price on shares of Ralph Lauren from $195.00 to $205.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 23rd. The Goldman Sachs Group upped their target price on shares of Ralph Lauren from $171.00 to $193.00 and gave the company a “neutral” rating in a research report on Monday, October 21st. Finally, Barclays upped their price target on Ralph Lauren from $195.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, August 8th. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, Ralph Lauren presently has a consensus rating of “Moderate Buy” and an average price target of $198.27.

Ralph Lauren Company Profile

Ralph Lauren Corporation designs, markets, and distributes lifestyle products in North America, Europe, Asia, and internationally. The company offers apparel, including a range of men’s, women’s, and children’s clothing; footwear and accessories, which comprise casual shoes, dress shoes, boots, sneakers, sandals, eyewear, watches, fashion and fine jewelry, scarves, hats, gloves, and umbrellas, as well as leather goods, such as handbags, luggage, small leather goods, and belts; home products consisting of bed and bath lines, furniture, fabric and wallcoverings, floor coverings, lighting, tabletop, kitchen linens, floor coverings, dining, decorative accessories, and giftware; and fragrances.