Ralph Lauren Corporation (NYSE:RL) has obtained a mean price target of $101.8800 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $1.8500 a share for the near-term quarter and $5.4300 for this year.
The technical analysis of Ralph Lauren Corporation Common clearly shows that the moving average of 50-days of Ralph Lauren Corporation (NYSE:RL) stock is $96.1209, and is trading $12.6616 points away or +13.1726% from its 50-day moving average of $96.1209. Further it is trading $13.9630 or +14.7259% away its 200-day moving average of $94.8195.
The 52-week high of Ralph Lauren Corporation (NYSE:RL) was $137.3800 while $82.1500 is the low in the same period. This state Ralph Lauren Corporation Common shares price has to travel more than $-28.5975 to register a new high of 52-weeks or drop +32.4194% to touch a new 52-week low point. MA here stands for moving average.
Taking the valuation aspect to reach the estimation of Ralph Lauren Corporation Common, investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. Ralph Lauren Corporation (NYSE:RL) ratio came in at 29.7301, which was derived by dividing current price of stock by yearly earnings. Ralph Lauren Corporation Common stock recorded a close of $108.7825 in last trading session, reaching a market cap of $9.06B.
Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The Ralph Lauren Corporation (NYSE:RL) PEG ratio is at 3.0500.
1 Chart Pattern Every Investor Should Know
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