Ralph Lauren Co. (NYSE:RL) Receives Average Rating of "Moderate Buy" from Brokerages

Shares of Ralph Lauren Co. (NYSE:RL - Get Free Report) have earned a consensus rating of "Moderate Buy" from the eleven ratings firms that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $276.55.

Several analysts have recently commented on RL shares. StockNews.com raised shares of Ralph Lauren from a "hold" rating to a "buy" rating in a research note on Monday, November 18th. Raymond James lowered Ralph Lauren from an "outperform" rating to a "market perform" rating in a research report on Monday, January 27th. Argus upgraded Ralph Lauren from a "hold" rating to a "buy" rating and set a $250.00 target price for the company in a research report on Tuesday, December 31st. Telsey Advisory Group reaffirmed an "outperform" rating and set a $265.00 price target on shares of Ralph Lauren in a research note on Tuesday, February 4th. Finally, TD Cowen boosted their price objective on Ralph Lauren from $258.00 to $268.00 and gave the stock a "buy" rating in a report on Tuesday, February 4th.

Ralph Lauren Price Performance

Shares of RL traded up $3.51 on Friday, hitting $272.06. The company's stock had a trading volume of 724,901 shares, compared to its average volume of 780,563. The company has a market capitalization of $16.90 billion, a PE ratio of 24.82, a PEG ratio of 2.03 and a beta of 1.49. Ralph Lauren has a fifty-two week low of $155.96 and a fifty-two week high of $289.33. The company has a 50 day moving average price of $240.51 and a 200 day moving average price of $207.91. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.76 and a quick ratio of 1.18.

Ralph Lauren (NYSE:RL - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The textile maker reported $4.82 EPS for the quarter, topping analysts' consensus estimates of $4.46 by $0.36. Ralph Lauren had a return on equity of 30.88% and a net margin of 10.14%. On average, research analysts anticipate that Ralph Lauren will post 11.73 earnings per share for the current fiscal year.

Ralph Lauren Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 27th were issued a $0.825 dividend. The ex-dividend date of this dividend was Friday, December 27th. This represents a $3.30 annualized dividend and a yield of 1.21%. Ralph Lauren's dividend payout ratio (DPR) is presently 30.11%.

Institutional Investors Weigh In On Ralph Lauren

Several large investors have recently modified their holdings of the business. Mather Group LLC. grew its position in shares of Ralph Lauren by 4.1% in the 4th quarter. Mather Group LLC. now owns 1,182 shares of the textile maker's stock valued at $273,000 after purchasing an additional 47 shares during the period. M&T Bank Corp boosted its holdings in shares of Ralph Lauren by 3.4% in the third quarter. M&T Bank Corp now owns 1,657 shares of the textile maker's stock valued at $321,000 after buying an additional 55 shares during the period. Simmons Bank increased its position in shares of Ralph Lauren by 2.3% during the third quarter. Simmons Bank now owns 2,703 shares of the textile maker's stock worth $524,000 after acquiring an additional 62 shares in the last quarter. Asset Management One Co. Ltd. raised its holdings in shares of Ralph Lauren by 6.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 1,005 shares of the textile maker's stock worth $231,000 after acquiring an additional 62 shares during the period. Finally, Commerce Bank raised its holdings in shares of Ralph Lauren by 1.2% during the third quarter. Commerce Bank now owns 5,687 shares of the textile maker's stock worth $1,103,000 after acquiring an additional 66 shares during the period. 67.91% of the stock is currently owned by institutional investors.

About Ralph Lauren

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.