Media headlines about Ralph Lauren Corporation (NYSE:RL) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ralph Lauren Corporation earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave press coverage about the textile maker an impact score of 45.8474393910453 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Analyst Rips Ralph Lauren Stock, Right After Glitzy Fashion Show (finance.yahoo.com)
- Best Recommendations on Profitability Valuation: Exelon Corporation (NYSE:EXC), Ralph Lauren Corporation (NYSE … – Investing News Update (investingbizz.com)
- Tiffany names Roger Farah as chairman in latest management shakeup – Reuters.com (reuters.com)
- Head-To-Head Review: Under Armour (UAA) & Ralph Lauren Corporation (RL) (americanbankingnews.com)
- Ralph Lauren (RL) Jumps 7% in Past Month: 3 Reasons Why (finance.yahoo.com)
Shares of Ralph Lauren Corporation (NYSE RL) opened at 88.42 on Monday. Ralph Lauren Corporation has a 52-week low of $66.06 and a 52-week high of $114.00. The stock’s market capitalization is $7.19 billion. The company has a 50-day moving average of $86.13 and a 200-day moving average of $78.34.
Ralph Lauren Corporation (NYSE:RL) last posted its earnings results on Tuesday, August 8th. The textile maker reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.15. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.34 billion. Ralph Lauren Corporation had a negative net margin of 0.27% and a positive return on equity of 13.80%. Ralph Lauren Corporation’s revenue was down 13.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.06 EPS. Equities research analysts anticipate that Ralph Lauren Corporation will post $5.32 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 29th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $2.00 annualized dividend and a yield of 2.26%. Ralph Lauren Corporation’s payout ratio is -869.57%.
Several analysts have recently issued reports on the stock. Cowen and Company restated a “hold” rating and set a $80.00 target price (up from $78.00) on shares of Ralph Lauren Corporation in a research report on Tuesday, July 18th. BidaskClub upgraded shares of Ralph Lauren Corporation from a “hold” rating to a “buy” rating in a research report on Wednesday, June 28th. Piper Jaffray Companies restated a “sell” rating and set a $66.00 target price on shares of Ralph Lauren Corporation in a research report on Friday, July 14th. Royal Bank Of Canada restated a “hold” rating and set a $75.00 target price on shares of Ralph Lauren Corporation in a research report on Friday, July 7th. Finally, Credit Suisse Group upgraded shares of Ralph Lauren Corporation from a “neutral” rating to an “outperform” rating and set a $111.00 target price on the stock in a research report on Friday, September 8th. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $91.05.
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Ralph Lauren Corporation Company Profile
Ralph Lauren Corporation is engaged in the design, marketing and distribution of lifestyle products, including apparel, accessories, home furnishings and other licensed product categories. The Company operates through three segments: Wholesale, Retail and Licensing. Wholesale business consists of sales made to department stores and specialty stores around the world.
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