Ralph Lauren (NYSE:RL) Rating Reiterated by Telsey Advisory Group

Ralph Lauren (NYSE:RL)‘s stock had its “outperform” rating reissued by stock analysts at Telsey Advisory Group in a research report issued on Thursday, Benzinga reports. They currently have a $195.00 target price on the textile maker’s stock. Telsey Advisory Group’s target price would indicate a potential upside of 12.42% from the company’s current price.

Several other research analysts have also recently commented on the company. UBS Group raised their target price on Ralph Lauren from $244.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, May 16th. Wells Fargo & Company lifted their price objective on Ralph Lauren from $160.00 to $185.00 and gave the company an “equal weight” rating in a report on Monday, March 4th. Raymond James raised their target price on Ralph Lauren from $135.00 to $154.00 and gave the company an “outperform” rating in a research note on Tuesday, January 30th. Jefferies Financial Group initiated coverage on Ralph Lauren in a research note on Tuesday, April 30th. They issued a “buy” rating and a $195.00 target price for the company. Finally, The Goldman Sachs Group raised their target price on Ralph Lauren from $132.00 to $151.00 and gave the company a “neutral” rating in a research note on Friday, February 9th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, Ralph Lauren currently has a consensus rating of “Moderate Buy” and an average target price of $170.50.

Ralph Lauren Trading Up 2.3 %

NYSE:RL opened at $173.45 on Thursday. 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 fifty-two week low of $103.17 and a fifty-two week high of $192.03. The stock’s 50-day moving average is $170.70 and its two-hundred day moving average is $156.51. The stock has a market cap of $11.09 billion, a PE ratio of 19.67, a price-to-earnings-growth ratio of 0.95 and a beta of 1.55.

Ralph Lauren (NYSE:RL) last announced its quarterly earnings results on Thursday, May 23rd. The textile maker reported $1.71 EPS for the quarter, beating the consensus estimate of $1.65 by $0.06. Ralph Lauren had a return on equity of 25.88% and a net margin of 8.90%. The company had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter last year, the company posted $0.90 earnings per share. The company’s revenue for the quarter was up 1.8% compared to the same quarter last year. As a group, equities research analysts forecast that Ralph Lauren will post 10.25 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Boston Partners boosted its holdings in Ralph Lauren by 67.2% in the fourth quarter. Boston Partners now owns 1,214,000 shares of the textile maker’s stock worth $175,001,000 after acquiring an additional 487,882 shares in the last quarter. King Luther Capital Management Corp bought a new position in shares of Ralph Lauren in the fourth quarter valued at approximately $18,944,000. Raymond James & Associates lifted its holdings in shares of Ralph Lauren by 71.9% in the fourth quarter. Raymond James & Associates now owns 80,043 shares of the textile maker’s stock valued at $11,542,000 after purchasing an additional 33,489 shares in the last quarter. Bank of Nova Scotia lifted its holdings in shares of Ralph Lauren by 9.9% in the third quarter. Bank of Nova Scotia now owns 2,761 shares of the textile maker’s stock valued at $321,000 after purchasing an additional 249 shares in the last quarter. Finally, Deutsche Bank AG lifted its holdings in shares of Ralph Lauren by 64.4% in the third quarter. Deutsche Bank AG now owns 123,638 shares of the textile maker’s stock valued at $14,353,000 after purchasing an additional 48,432 shares in the last quarter. Institutional investors 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, lighting, tabletop, kitchen linens, floor coverings, and giftware; and fragrances.