Investors Are Waking Up To Ralph Lauren Corp (NYSE: RL) After Rising 96.44% Over The Past 12 Months

Ralph Lauren Corp (NYSE:RL) currently has a daily average trading volume of 667.88K but it saw 1723878 shares traded in last market. With a market cap of 13.74B USD, the company’s current market price of $221.70 came rising about 6.57 while comparing to the previous closing price of $208.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $208.48 and as low as $111.94. In the recent trading on the day, stock has struck highest price mark of $216.8725 while lowest mark touched by it was $236.63.

Taking a look at 20-day trading activity of Ralph Lauren Corp (RL) gives us an average price of $202.61, while its current price level is 6.34% below from 52-week high level whereas it is 98.05% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $191.88 while that of 200 days or SMA-200 reads an average of $177.00. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.78% during that period while stretching the period over a month that decreases to 2.46%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 75.33 which implies that the stock is in overbought territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Telsey Advisory Group which reiterated the stock as “Outperform” in its note to investors issued on September 20, 2024, recommending a price target of between $195 and $207 for it. Telsey Advisory Group also issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $165 and $195.

Over the week, RL’s stock price is moving 12.01% up while it is 13.27% when we observe its performance for the past one month. Year-to-date it is 53.74% up and over the past year, the stock is showing an upside performance of 96.44%.

Currently, Ralph Lauren Corp’s total number of outstanding shares is 41.40M. Company’s return on investment (ROI) stands at 14.24% and return on equity (ROE) at 28.40%. It has a price to earnings ratio (P/E ratio) of 21.38 while having a 17.41 of forward P/E ratio. Stock’s beta reads 1.49. Stock has a price to book (P/B) ratio of 5.84 while price to sale or P/S ratio amounts to 2.07. Its return on asset (ROA) is 10.11% on average.