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Ralph Lauren (RL) Falls More Steeply Than Broader Market: What Investors Need to Know
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Ralph Lauren (RL - Free Report) closed at $384.94 in the latest trading session, marking a -1.57% move from the prior day. The stock's change was less than the S&P 500's daily loss of 1.09%. Meanwhile, the Dow lost 0.34%, and the Nasdaq, a tech-heavy index, lost 2.15%.
Shares of the upscale clothing company have appreciated by 17.41% over the course of the past month, outperforming the Consumer Discretionary sector's gain of 0.95%, and the S&P 500's gain of 2.44%.
Analysts and investors alike will be keeping a close eye on the performance of Ralph Lauren in its upcoming earnings disclosure. The company is expected to report EPS of $4.21, up 11.08% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.13 billion, up 5.92% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $18.79 per share and a revenue of $8.73 billion, indicating changes of +13.26% and +7.55%, respectively, from the former year.
Any recent changes to analyst estimates for Ralph Lauren should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Right now, Ralph Lauren possesses a Zacks Rank of #3 (Hold).
In terms of valuation, Ralph Lauren is currently trading at a Forward P/E ratio of 20.82. This indicates a premium in contrast to its industry's Forward P/E of 16.44.
We can additionally observe that RL currently boasts a PEG ratio of 1.47. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Textile - Apparel industry was having an average PEG ratio of 1.96.
The Textile - Apparel industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 202, placing it within the bottom 18% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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Ralph Lauren (RL) Falls More Steeply Than Broader Market: What Investors Need to Know
Ralph Lauren (RL - Free Report) closed at $384.94 in the latest trading session, marking a -1.57% move from the prior day. The stock's change was less than the S&P 500's daily loss of 1.09%. Meanwhile, the Dow lost 0.34%, and the Nasdaq, a tech-heavy index, lost 2.15%.
Shares of the upscale clothing company have appreciated by 17.41% over the course of the past month, outperforming the Consumer Discretionary sector's gain of 0.95%, and the S&P 500's gain of 2.44%.
Analysts and investors alike will be keeping a close eye on the performance of Ralph Lauren in its upcoming earnings disclosure. The company is expected to report EPS of $4.21, up 11.08% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.13 billion, up 5.92% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $18.79 per share and a revenue of $8.73 billion, indicating changes of +13.26% and +7.55%, respectively, from the former year.
Any recent changes to analyst estimates for Ralph Lauren should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Right now, Ralph Lauren possesses a Zacks Rank of #3 (Hold).
In terms of valuation, Ralph Lauren is currently trading at a Forward P/E ratio of 20.82. This indicates a premium in contrast to its industry's Forward P/E of 16.44.
We can additionally observe that RL currently boasts a PEG ratio of 1.47. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Textile - Apparel industry was having an average PEG ratio of 1.96.
The Textile - Apparel industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 202, placing it within the bottom 18% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.