Ralph Lauren (NYSE:RL) Stock Price Expected to Rise, Needham & Company LLC Analyst Says

Ralph Lauren (NYSE:RL) had its target price increased by equities research analysts at Needham & Company LLC from $405.00 to $450.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the textile maker’s stock. Needham & Company LLC’s price objective would indicate a potential upside of 12.63% from the company’s previous close.

Several other equities research analysts also recently issued reports on RL. Wall Street Zen raised shares of Ralph Lauren from a “hold” rating to a “buy” rating in a research report on Saturday, July 4th. Weiss Ratings cut shares of Ralph Lauren from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, May 15th. Telsey Advisory Group upped their target price on shares of Ralph Lauren from $435.00 to $460.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 23rd. Wells Fargo & Company increased their target price on Ralph Lauren from $415.00 to $425.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Finally, Bank of America lifted their price target on Ralph Lauren from $400.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. Fifteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $436.21.

Ralph Lauren Stock Up 4.9%

Shares of RL traded up $18.77 on Thursday, hitting $399.55. The company’s stock had a trading volume of 850,315 shares, compared to its average volume of 649,963. The firm’s fifty day moving average price is $387.42 and its 200-day moving average price is $367.96. Ralph Lauren has a fifty-two week low of $273.04 and a fifty-two week high of $421.60. The company has a quick ratio of 1.57, a current ratio of 2.13 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $23.78 billion, a price-to-earnings ratio of 26.51, a P/E/G ratio of 1.88 and a beta of 1.35.

Ralph Lauren (NYSE:RL) last announced its earnings results on Thursday, August 6th. The textile maker reported $4.59 EPS for the quarter, topping the consensus estimate of $4.27 by $0.32. Ralph Lauren had a net margin of 11.60% and a return on equity of 38.17%. The firm had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.87 billion. During the same period last year, the company posted $3.77 EPS. The business’s quarterly revenue was up 13.9% on a year-over-year basis. On average, equities research analysts expect that Ralph Lauren will post 18.33 EPS for the current year.

Hedge Funds Weigh In On Ralph Lauren

Institutional investors have recently bought and sold shares of the business. Summit Global Investments raised its position in shares of Ralph Lauren by 2.0% in the first quarter. Summit Global Investments now owns 1,510 shares of the textile maker’s stock valued at $519,000 after purchasing an additional 29 shares during the period. Oregon Public Employees Retirement Fund grew its stake in shares of Ralph Lauren by 0.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 4,425 shares of the textile maker’s stock valued at $1,565,000 after acquiring an additional 31 shares in the last quarter. Smartleaf Asset Management LLC increased its position in Ralph Lauren by 14.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 251 shares of the textile maker’s stock worth $90,000 after acquiring an additional 31 shares during the period. Polymer Capital Management US LLC increased its position in Ralph Lauren by 1.1% during the third quarter. Polymer Capital Management US LLC now owns 3,230 shares of the textile maker’s stock worth $1,013,000 after acquiring an additional 34 shares during the period. Finally, Vident Advisory LLC raised its stake in Ralph Lauren by 3.0% in the 4th quarter. Vident Advisory LLC now owns 1,257 shares of the textile maker’s stock worth $445,000 after purchasing an additional 37 shares in the last quarter. Institutional investors and hedge funds own 67.91% of the company’s stock.

Ralph Lauren News Roundup

Here are the key news stories impacting Ralph Lauren this week:

• Positive Sentiment: Quarterly earnings beat estimates: Ralph Lauren reported adjusted earnings of $4.59 per share, above the $4.27 consensus estimate and up from $3.77 a year earlier. Revenue rose 13.9% year over year to $1.96 billion, exceeding expectations of approximately $1.87 billion. Ralph Lauren quarterly earnings report
• Positive Sentiment: Demand remained resilient: Reports attributed the strong performance to demand from affluent shoppers, supporting investor confidence in Ralph Lauren’s premium-brand positioning. The company also reportedly raised its outlook on strong demand. Ralph Lauren beats quarterly results estimates
• Positive Sentiment: Supportive analyst sentiment added momentum: Nine analysts have issued price targets during the past six months, with a median target of $440. Recent targets ranged as high as $511, while BTIG previously assigned the stock a Buy rating. Ralph Lauren shares climb as earnings-day optimism meets supportive analyst sentiment
• Neutral Sentiment: Institutional positioning was mixed: In the latest quarter, 371 institutional investors added RL shares while 385 reduced their positions, indicating continued interest but no clear consensus among large investors.
• Negative Sentiment: Insider selling remains a risk signal: Company insiders reported 17 open-market sales and no purchases over the past six months, including substantial sales by CEO Patrice Louvet. These transactions may temper enthusiasm, although they do not necessarily reflect expectations for operating performance.

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.