Ralph Lauren Corp (RL) Set to Announce Earnings on Friday
Ralph Lauren Corp (NYSE:RL) is scheduled to post its Q414 quarterly earnings results on Friday, May 9th. Analysts expect Ralph Lauren Corp to post earnings of $1.63 per share and revenue of $1.83 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
Ralph Lauren Corp (NYSE:RL) opened at 152.56 on Thursday. Ralph Lauren Corp has a one year low of $146.00 and a one year high of $192.03. The stock has a 50-day moving average of $156.3 and a 200-day moving average of $164.1. The company has a market cap of $13.667 billion and a price-to-earnings ratio of 19.00.
Several analysts have recently commented on the stock. Analysts at Maxim Group reiterated a “buy” rating on shares of Ralph Lauren Corp in a research note on Wednesday. They now have a $203.00 price target on the stock. On the ratings front, analysts at Citigroup Inc. cut their price target on shares of Ralph Lauren Corp from $180.00 to $178.00 in a research note on Tuesday. They now have a “buy” rating on the stock. Six equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $183.20.
Ralph Lauren Corporation is engaged in the design, marketing and distribution of products, including men’s, women’s and children’s apparel, accessories (NYSE:RL), fragrances and home furnishings.
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