Ralph Lauren Corporation (NYSE:RL)

Feb 05, 2017, 01:27
Ralph Lauren Corporation (NYSE:RL)

The stock had previously closed at $76.61.

Several sell side analysts reviewed their recommendations on Ralph Lauren Corporation (NYSE:RL) where 2 analyst have rated the stock as Strong Buy, 5 analysts said it's a Buy, 14 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell.

Moving toward the volatility measures, the price volatility of stock was 2.48% for a week and 2.26% for a month as well as price volatility's Average True Range for 14 days was 2.05. Analysts projected the minimum sales estimate of $1,364.84M and some analysts told that the stock may achieve maximum sales of $1,543.30M.

In case of Revenue Estimates, 16 analysts have provided their consensus Average Revenue Estimates for Ralph Lauren Corporation as 1.71 Billion. The stock is now trading 18.18 percent higher from its SMA-50.

Ralph Lauren Corporation (NYSE:RL) announced that Stefan Larsson, President and CEO, will depart from the company on May 1. The firm earned $1.70 billion during the quarter, compared to analysts' expectations of $1.71 billion. Merged comparable store sales reduced 5% on a stated basis and were down 4% on a constant currency basis because of challenging traffic and average transaction size trends driven by our programs to improve quality of sales, partially offset by a favorable timing shift that drove post-Christmas week sales into the third quarter. The Next Year EPS growth is 1.3%, Long term annual growth estimate of 6.87%, Annual EPS growth past 5 years of -6.95 percent.

Wall Street stocks finished little changed on Thursday (Feb 2) in cautious trading ahead of key United States jobs data. The firm has a SMA 50 (Simple Moving Average) of -20.27% and a SMA 200-(Simple Moving Average) of -20.74%.

Insurer MetLife sank 4 percent after reporting earnings and revenue that came in well below analysts' forecasts.

At the same time, Ralph Lauren released its - rather weak - third quarter results: net turnover dropped 12 % compared to last year's third quarter with huge drops both in the American market (- 12 %) and overseas (- 6 %).

Turning to Cirrus Logic, Inc.

Analyst Recommendation on PhaseRx, Inc.

Stocks closed little changed on Wall Street as investors looked over a big batch of earnings reports from US companies.

"In addition, we believe many investors owned Ralph Lauren shares given Stefan Larsson's previous successful track record, and as a result, are likely extremely disappointed by the news of his departure", the analysts said, adding that they also anticipate additional departures.

The earnings of Cirrus Logic, Inc.

The company is expected to report earnings of 0.19 per share for the current quarter, according to consensus agreement of 9 analysts. During the same quarter past year, the business earned $2.13 earnings per share.

The counter witnessed a trading volume of 10.46 million shares versus an average volume of 1.11 million shares during last trading session.

Important factors to focus when evaluating a stock's present and future value are the 52 week price high and low levels.

Vale S.A. (NYSE:VALE) jumped 385.19 percent over the past one year, while it rose 37.53 percent year to date (YTD).

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