Ralph Lauren Co. (NYSE:RL) Receives $284.62 Consensus Target Price from Analysts

Ralph Lauren Co. (NYSE:RL) has received an average rating of “Moderate Buy” from the fourteen analysts that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $284.62.

A number of research analysts recently commented on the company. BNP Paribas raised Ralph Lauren to a “strong-buy” rating in a research note on Thursday, January 23rd. Barclays boosted their target price on shares of Ralph Lauren from $257.00 to $310.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Wells Fargo & Company increased their price target on shares of Ralph Lauren from $225.00 to $275.00 and gave the stock an “equal weight” rating in a research report on Friday, February 7th. Needham & Company LLC initiated coverage on shares of Ralph Lauren in a research report on Wednesday, February 12th. They set a “buy” rating and a $310.00 price objective for the company. Finally, Telsey Advisory Group restated an “outperform” rating and set a $265.00 target price on shares of Ralph Lauren in a research note on Tuesday, February 4th.

Ralph Lauren Stock Down 0.7 %

Shares of RL opened at $196.53 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.31 and a debt-to-equity ratio of 0.39. Ralph Lauren has a 12 month low of $155.96 and a 12 month high of $289.33. The firm’s 50 day moving average is $247.58 and its 200-day moving average is $227.44. The stock has a market capitalization of $12.14 billion, a PE ratio of 17.93, a P/E/G ratio of 1.73 and a beta of 1.50.

Ralph Lauren (NYSE:RL) last posted its quarterly earnings data on Thursday, February 6th. The textile maker reported $4.82 EPS for the quarter, topping analysts’ consensus estimates of $4.46 by $0.36. Ralph Lauren had a return on equity of 30.88% and a net margin of 10.14%. Equities research analysts forecast that Ralph Lauren will post 12.01 EPS for the current year.

Ralph Lauren Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, March 28th will be paid a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date of this dividend is Friday, March 28th. Ralph Lauren’s payout ratio is 30.11%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in RL. Versant Capital Management Inc increased its position in Ralph Lauren by 256.1% in the 1st quarter. Versant Capital Management Inc now owns 1,250 shares of the textile maker’s stock valued at $276,000 after acquiring an additional 899 shares during the period. Kera Capital Partners Inc. increased its holdings in Ralph Lauren by 22.3% in the first quarter. Kera Capital Partners Inc. now owns 1,130 shares of the textile maker’s stock valued at $249,000 after purchasing an additional 206 shares during the period. MassMutual Private Wealth & Trust FSB raised its position in Ralph Lauren by 93.7% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 122 shares of the textile maker’s stock worth $27,000 after purchasing an additional 59 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Ralph Lauren by 43.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,373 shares of the textile maker’s stock worth $2,396,000 after buying an additional 3,166 shares during the period. Finally, NorthCrest Asset Manangement LLC grew its position in shares of Ralph Lauren by 3.3% in the 4th quarter. NorthCrest Asset Manangement LLC now owns 5,112 shares of the textile maker’s stock valued at $1,181,000 after buying an additional 162 shares during the last quarter. Institutional investors and hedge funds own 67.91% of the company’s stock.

Ralph Lauren Company Profile

Ralph Lauren Corporation designs, markets, and distributes lifestyle products in North America, Europe, Asia, and internationally. The company offers apparel, including a range of men’s, women’s, and children’s clothing; footwear and accessories, which comprise casual shoes, dress shoes, boots, sneakers, sandals, eyewear, watches, fashion and fine jewelry, scarves, hats, gloves, and umbrellas, as well as leather goods, such as handbags, luggage, small leather goods, and belts; home products consisting of bed and bath lines, furniture, fabric and wallcoverings, floor coverings, lighting, tabletop, kitchen linens, floor coverings, dining, decorative accessories, and giftware; and fragrances.