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Why Ralph Lauren (RL) is a Top Momentum Stock for the Long-Term
Ralph LaurenRalph Lauren(US:RL) ZACKSยท2024-07-30 14:50

Company Overview - Ralph Lauren Corp. is a major designer, marketer, and distributor of premium lifestyle products across North America, Europe, Asia, and internationally, offering a diverse range of products including apparel, footwear, accessories, and home furnishings [14] - The company has a strong portfolio of globally recognized brand names such as Polo Ralph Lauren, Ralph Lauren Purple Label, and Lauren Ralph Lauren [14] Investment Analysis - Ralph Lauren (RL) currently holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of B, indicating a moderate investment outlook [15] - The stock has a Momentum Style Score of B, with shares increasing by 0.9% over the past four weeks [15] - For fiscal 2025, one analyst has revised their earnings estimate upwards in the last 60 days, with the Zacks Consensus Estimate increasing by $0.01 to $11.09 per share [15] - The company boasts an average earnings surprise of 10%, suggesting potential for positive performance [15] Investment Recommendation - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, Ralph Lauren should be considered for investors' short lists [16]