Ralph Lauren (NYSE:RL – Get Free Report) issued its quarterly earnings results on Thursday. The textile maker reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08, Briefing.com reports. Ralph Lauren had a return on equity of 25.88% and a net margin of 8.90%. The firm had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same period last year, the company earned $0.90 EPS. The firm’s quarterly revenue was up 1.8% on a year-over-year basis.
Ralph Lauren Stock Performance
Shares of NYSE RL opened at $169.57 on Friday. The business’s 50-day moving average price is $170.86 and its two-hundred day moving average price is $156.10. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.17 and a quick ratio of 1.54. Ralph Lauren has a one year low of $103.17 and a one year high of $192.03. The company has a market capitalization of $10.84 billion, a P/E ratio of 19.23, a price-to-earnings-growth ratio of 0.95 and a beta of 1.55.
Ralph Lauren Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Thursday, March 28th were given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend was Wednesday, March 27th. Ralph Lauren’s payout ratio is 34.01%.
Analysts Set New Price Targets
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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, lighting, tabletop, kitchen linens, floor coverings, and giftware; and fragrances.
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