Ralph Lauren(RL)
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Here's Why Ralph Lauren (RL) Appears a Promising Bet Now
Zacks Investment Research· 2024-03-21 18:26
Ralph Lauren Corporation (RL) seems an attractive investment option now, thanks to its digital endeavors and other robust strategies. The company’s “Next Great Chapter” plan appears encouraging. Management is focused on enhancing digital capabilities, deepening relations with customers via marketing, expanding international markets and efficiently controlling expenses.Backed by such strengths, shares of this apparel and accessories designer have surged a whopping 73.8% compared with the industry’s 27.7% gro ...
Ralph Lauren Corporation (RL) Hits Fresh High: Is There Still Room to Run?
Zacks Investment Research· 2024-03-21 15:46
Have you been paying attention to shares of Ralph Lauren (RL) ? Shares have been on the move with the stock up 3.4% over the past month. The stock hit a new 52-week high of $190.41 in the previous session. Ralph Lauren has gained 32% since the start of the year compared to the 4.1% move for the Zacks Consumer Discretionary sector and the -1.7% return for the Zacks Textile - Apparel industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't miss ...
Ralph Lauren Corporation Declares Quarterly Dividend
Businesswire· 2024-03-14 20:01
NEW YORK--(BUSINESS WIRE)--Ralph Lauren Corporation (NYSE: RL) announced that its Board of Directors has declared a regular quarterly dividend of $0.75 per share on Ralph Lauren Corporation Common Stock. The dividend is payable on April 12, 2024 to shareholders of record at the close of business on March 28, 2024. ABOUT RALPH LAUREN Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing, and distribution of luxury lifestyle products in five categories: apparel, footwear & accessori ...
Is Ralph Lauren (RL) Stock Outpacing Its Consumer Discretionary Peers This Year?
Zacks Investment Research· 2024-03-06 15:41
The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Ralph Lauren (RL) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question.Ralph Lauren is one of 292 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #12 within the Zacks Sector Rank. Th ...
5 Ways Ralph Lauren stock is Dressed for Success
MarketBeat· 2024-03-01 14:35
Key PointsRalph Lauren stock is in a buy range after gapping up 17%, then pulling back to find support at a short-term moving average.The company's revenue growth accelerated, and earnings growth resumed on better-than-expected holiday-season sales worldwide.Analysts see strength in China, as well as growth in e-commerce sales. 5 stocks we like better than Ralph LaurenRalph Lauren Corp. NYSE: RL stock is in a buy range after its first pullback since gapping up almost 17% following better-than-expected fisca ...
Buy 3 Momentum Anomaly Stocks as Markets Ride on Inflation Data
Zacks Investment Research· 2024-03-01 13:21
The broader U.S. equity markets have been witnessing ups and downs over the past few trading days as stocks swayed in accordance with recent market developments. The stocks mostly trended down at the beginning of the week on concerns regarding inflation and its consequence on the Federal Reserve’s pledge for a slew of rate cuts this year. However, as data for the core personal consumption expenditures price index was made public, stocks rose to their first closing record since November 2021.The core persona ...
Are You Looking for a Top Momentum Pick? Why Ralph Lauren (RL) is a Great Choice
Zacks Investment Research· 2024-02-28 18:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...
Here's Why Ralph Lauren (RL) is Rallying Ahead of the Industry
Zacks Investment Research· 2024-02-26 13:46
Ralph Lauren Corporation (RL) is well-poised to tap the positive trends in the fashion world, thanks to its digital endeavors and other robust strategies. Undoubtedly, management is focused on enhancing digital capabilities, deepening relations with customers via marketing, expanding international markets and efficiently controlling expenses.Buoyed by such strengths, shares of this apparel and accessories designer have surged 49.8% compared with the industry’s 11.4% growth in the past three months. A VGM Sc ...
Can Ralph Lauren (RL) Run Higher on Rising Earnings Estimates?
Zacks Investment Research· 2024-02-12 18:20
Investors might want to bet on Ralph Lauren (RL) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this upscale clothing company, should get reflected in its stock price. After all, empirical research shows a strong correlation ...
Ralph Lauren (RL) Upgraded to Strong Buy: Here's What You Should Know
Zacks Investment Research· 2024-02-12 18:01
Ralph Lauren (RL) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changin ...