Somewhat Positive News Coverage Somewhat Unlikely to Impact Ralph Lauren (RL) Stock Price

News headlines about Ralph Lauren (NYSE:RL) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Ralph Lauren earned a news impact score of 0.14 on Accern’s scale. Accern also assigned media coverage about the textile maker an impact score of 47.1214144896478 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the news headlines that may have impacted Accern Sentiment’s analysis:

Ralph Lauren (NYSE:RL) traded up $1.50 during midday trading on Friday, reaching $118.87. 957,908 shares of the company’s stock were exchanged, compared to its average volume of 1,060,000. The company has a quick ratio of 1.55, a current ratio of 2.09 and a debt-to-equity ratio of 0.08. The stock has a market cap of $9,660.00, a P/E ratio of 123.82, a price-to-earnings-growth ratio of 2.38 and a beta of 0.65. Ralph Lauren has a 1-year low of $66.06 and a 1-year high of $119.33.

Ralph Lauren (NYSE:RL) last posted its earnings results on Thursday, November 2nd. The textile maker reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The business had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.64 billion. Ralph Lauren had a net margin of 1.29% and a return on equity of 14.06%. The company’s revenue for the quarter was down 8.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.90 EPS. equities research analysts expect that Ralph Lauren will post 5.61 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Friday, December 29th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date of this dividend was Thursday, December 28th. Ralph Lauren’s dividend payout ratio (DPR) is 208.33%.

Several research analysts recently commented on the stock. Zacks Investment Research raised shares of Ralph Lauren from a “sell” rating to a “hold” rating in a research note on Monday. Bank of America downgraded shares of Ralph Lauren from a “neutral” rating to an “underperform” rating and reduced their price target for the stock from $100.14 to $80.00 in a research note on Wednesday, December 13th. ValuEngine raised shares of Ralph Lauren from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Morgan Stanley raised their price target on shares of Ralph Lauren from $83.50 to $91.00 and gave the stock an “equal weight” rating in a research note on Friday, November 3rd. Finally, Citigroup raised their price target on shares of Ralph Lauren from $91.00 to $98.00 and gave the stock a “buy” rating in a research note on Friday, November 3rd. Five equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $88.66.

In other Ralph Lauren news, insider Valerie Hermann sold 2,400 shares of the firm’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $91.22, for a total transaction of $218,928.00. Following the transaction, the insider now owns 35,028 shares of the company’s stock, valued at approximately $3,195,254.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 32.93% of the company’s stock.

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Ralph Lauren Company Profile

Ralph Lauren Corporation is engaged in the design, marketing and distribution of lifestyle products, including apparel, accessories, home furnishings and other licensed product categories. The Company operates through three segments: Wholesale, Retail and Licensing. Wholesale business consists of sales made to department stores and specialty stores around the world.

Insider Buying and Selling by Quarter for Ralph Lauren (NYSE:RL)

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