Ralph Lauren Corporation (NYSE:RL) registered a -12.32% decrease, still its new closing price is -4.71% up from the company’s 1 year high of 113.38.It posted -14.89% losses in previous 5 sessions and is now the subject of 14 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 20 stock analysts following this company have an average price target at $101.39, with individual PT in the $52.00-$121.00 range. The shares moved at $76.61, implying that brokerage firms see shares losing about -32.26% in twelve months time.
Ralph Lauren Corporation (RL) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -15.18% fall year to date. A EVP, Advert., Mktg., & Comm. at Ralph Lauren Corporation (RL) offloaded shares in a transaction closed on Thursday June 16, 2016. Lauren David R. sold 4,668 shares in the company at $93.71 each and collected $437,000 in proceeds. Lauren David R. now owns 10,925 shares in the company after this transaction. A Director in the company, FLEISHMAN JOEL LAWRENCE, disclosed a transaction on Friday June 10, 2016 that ended up generating $77,001 from the sale of 811 shares at $95.91 per share.
Ralph Lauren Corporation (NYSE:RL) Upcoming Results on Tap
Ralph Lauren Corporation will next provide financial results for the June 2017 quarter. Stock analysts expect it to report per-share earnings of $0.98 in that period. Sales during the quarter are predicted to arrive at $1.43 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.82 billion in revenue and EPS of $1.90. The mean forecast was for $1.81 billion and $1.71 a share, respectively. One quarter earlier, revenue for the stock was at $1.55 billion, with earnings at $1.06/share.
Ralph Lauren Corporation (RL) Brokerage Update
Ralph Lauren Corporation (RL) is in Citigroup’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Buy by Citigroup, according to news reported on Thursday February 02, 2017.Another important research note was issued by Telsey Advisory Group on Thursday February 02, 2017.The firm downgraded RL to Market Perform from Outperform. Over the last six months and over the last three months, the shares of Ralph Lauren Corporation (RL), have changed -16.61% and -21.92%, respectively.