Sentiment Report: Ralph Lauren Corp (NYSE:RL)

January 14, 2018 - By Migdalia James

 Sentiment Report: Ralph Lauren Corp (NYSE:RL)

Sentiment for Ralph Lauren Corp (NYSE:RL)

Ralph Lauren Corp (NYSE:RL) institutional sentiment increased to 1.05 in 2017 Q3. Its up 0.01, from 1.04 in 2017Q2. The ratio improved, as 159 hedge funds opened new and increased stock positions, while 151 decreased and sold holdings in Ralph Lauren Corp. The hedge funds in our partner’s database now hold: 52.86 million shares, up from 49.97 million shares in 2017Q2. Also, the number of hedge funds holding Ralph Lauren Corp in their top 10 stock positions was flat from 4 to 4 for the same number . Sold All: 40 Reduced: 111 Increased: 100 New Position: 59.

Ralph Lauren Corporation designs, markets, and distributes lifestyle products worldwide. The company has market cap of $8.68 billion. The firm operates in three divisions: North America, Europe, and Asia. It has a 108.64 P/E ratio. It offers apparel, including a range of menÂ’s, womenÂ’s, and childrenÂ’s clothing; accessories, which comprise footwear, eyewear, watches, fine jewelry, hats, belts, and leather goods, such as handbags and luggage; home products consisting of bedding and bath products, furniture, fabrics and wallpapers, lightings, paints, tabletops, and giftware; and fragrances.

The stock increased 0.80% or $0.85 during the last trading session, reaching $106.79. About 980,268 shares traded. Ralph Lauren Corporation (NYSE:RL) has declined 22.29% since January 14, 2017 and is downtrending. It has underperformed by 38.99% the S&P500.

Analysts await Ralph Lauren Corporation (NYSE:RL) to report earnings on February, 1. They expect $1.82 EPS, down 2.15 % or $0.04 from last year’s $1.86 per share. RL’s profit will be $147.91 million for 14.67 P/E if the $1.82 EPS becomes a reality. After $1.99 actual EPS reported by Ralph Lauren Corporation for the previous quarter, Wall Street now forecasts -8.54 % negative EPS growth.

Zuckerman Investment Group Llc holds 5.3% of its portfolio in Ralph Lauren Corporation for 244,426 shares. Jupiter Asset Management Ltd owns 1.55 million shares or 4.67% of their US portfolio. Moreover, Dsam Partners (London) Ltd has 1.94% invested in the company for 157,593 shares. The New York-based Centre Asset Management Llc has invested 1.82% in the stock. Sunbelt Securities Inc., a Texas-based fund reported 15,856 shares.#img1#

Ralph Lauren Corporation (NYSE:RL) Ratings Coverage

Ratings analysis reveals 31% of Polo Ralph Lauren Corporation’s analysts are positive. Out of 29 Wall Street analysts rating Polo Ralph Lauren Corporation, 9 give it “Buy”, 5 “Sell” rating, while 15 recommend “Hold”. The lowest target is $6600 while the high is $160. The stock’s average target of $99.42 is -6.90% below today’s ($106.79) share price. RL was included in 78 notes of analysts from August 6, 2015. The firm has “Hold” rating by Deutsche Bank given on Tuesday, August 4. The firm has “Buy” rating given on Friday, November 3 by Citigroup. On Monday, June 12 the stock rating was maintained by Wells Fargo with “Buy”. The stock of Ralph Lauren Corporation (NYSE:RL) has “Market Perform” rating given on Thursday, February 2 by Telsey Advisory Group. UBS maintained Ralph Lauren Corporation (NYSE:RL) on Wednesday, May 11 with “Buy” rating. On Thursday, August 11 the stock rating was maintained by Deutsche Bank with “Hold”. RBC Capital Markets maintained the shares of RL in report on Thursday, November 2 with “Hold” rating. Telsey Advisory Group maintained it with “Outperform” rating and $105 target in Wednesday, June 8 report. PiperJaffray downgraded the shares of RL in report on Friday, February 3 to “Underweight” rating. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, July 6 report.

More important recent Ralph Lauren Corporation (NYSE:RL) news were published by: Gurufocus.com which released: “Third Avenue Exits Ralph Lauren, Buys Tidewater in 4th Quarter” on January 10, 2018, also Nasdaq.com published article titled: “Ralph Lauren Corporation (RL) Ex-Dividend Date Scheduled for December 28, 2017”, Nasdaq.com published: “Here’s Why Ralph Lauren (RL) Stock Surged 34.6% in 6 Months” on December 18, 2017. More interesting news about Ralph Lauren Corporation (NYSE:RL) was released by: Reuters.com and their article: “Neiman Marcus names Ralph Lauren executive as CEO” with publication date: January 05, 2018.

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