Ralph Lauren(US:RL) ZACKSยท2024-10-29 23:20Company Performance - Ralph Lauren's stock closed at $203.56, reflecting a +0.26% change from the previous day, outperforming the S&P 500's gain of 0.16% [1] - Over the past month, Ralph Lauren shares have appreciated by 4.72%, significantly exceeding the Consumer Discretionary sector's gain of 0.21% and the S&P 500's gain of 1.67% [1] Upcoming Earnings - Ralph Lauren is set to release its earnings on November 7, 2024, with an expected EPS of $2.40, indicating a 14.29% growth year-over-year [2] - The consensus estimate for revenue is $1.67 billion, representing a 2.36% increase compared to the same quarter last year [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates project earnings of $11.25 per share and revenue of $6.75 billion, reflecting increases of +9.12% and +1.74% respectively from the previous year [3] - Recent adjustments to analyst estimates for Ralph Lauren suggest a positive outlook for the company's business trends [3] Valuation Metrics - Ralph Lauren is currently trading at a Forward P/E ratio of 18.05, which is lower than the industry's average Forward P/E of 19.77 [6] - The company has a PEG ratio of 1.66, compared to the industry average PEG ratio of 2.14, indicating a favorable valuation relative to expected earnings growth [6] Industry Context - The Textile - Apparel industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 179, placing it in the bottom 29% of over 250 industries [7] - The performance of individual industry groups is measured by the Zacks Industry Rank, with top-rated industries historically outperforming lower-rated ones [7]