FMP
Apr 28, 2025 12:11 PM - Stuart Mooney
Image credit: Google Images
Ralph Lauren Corporation, listed on the NYSE under the symbol RL, is a renowned global leader in the design, marketing, and distribution of premium lifestyle products, including apparel, accessories, home furnishings, and fragrances. The company competes with other high-end fashion brands like Burberry and Gucci. On April 28, 2025, Paul Kearney from Barclays set a price target of $260 for RL, suggesting a potential upside of 18.2% from its current trading price of $219.96.
In the latest trading session, RL closed at $219.96, marking a slight decline of 0.09% from the previous day. This performance lagged behind the broader market, with the S&P 500 gaining 0.74%, the Dow increasing by 0.05%, and the Nasdaq rising by 1.26%. Despite this, RL's stock has shown resilience over the past month, decreasing by only 2.23%, which is better than the Consumer Discretionary sector's loss of 4.48% and the S&P 500's decline of 4.77%.
Investors are keenly awaiting Ralph Lauren's upcoming earnings report. The company is expected to announce an earnings per share (EPS) of $1.96, a 14.62% increase compared to the same quarter last year. Additionally, the consensus estimate for revenue is $1.63 billion, marking a 4.05% rise from the previous year's quarter. These figures indicate a positive outlook for the company's financial performance.
Currently, RL's stock price is $219.96, reflecting a slight decrease of 0.19, or approximately -0.09% in percentage terms. During today's trading, the stock has fluctuated between a low of $217.01 and a high of $221.55. Over the past year, RL has reached a high of $289.33 and a low of $155.96, showcasing its volatility. The company's market capitalization stands at approximately $13.59 billion, with a trading volume of 741,590 shares on the NYSE.
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