Headlines about Ralph Lauren Corporation (NYSE:RL) have trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ralph Lauren Corporation earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned news headlines about the textile maker an impact score of 46.9630198186234 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the headlines that may have impacted Accern’s scoring:

Several research analysts have recently commented on RL shares. Cowen and Company reiterated a “market perform” rating and set a $84.00 target price on shares of Ralph Lauren Corporation in a research note on Sunday, April 23rd. Zacks Investment Research upgraded Ralph Lauren Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, May 9th. Telsey Advisory Group reiterated an “outperform” rating and set a $78.00 target price (down from $82.00) on shares of Ralph Lauren Corporation in a research note on Friday, May 19th. Piper Jaffray Companies set a $66.00 target price on Ralph Lauren Corporation and gave the stock a “sell” rating in a research note on Friday, May 19th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a $75.00 target price (down from $84.00) on shares of Ralph Lauren Corporation in a research note on Friday, May 19th. Three equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Ralph Lauren Corporation currently has an average rating of “Hold” and a consensus target price of $90.23.

Ralph Lauren Corporation (NYSE:RL) traded down 0.07% during mid-day trading on Friday, hitting $83.78. The stock had a trading volume of 1,573,352 shares. The company’s market cap is $6.84 billion. Ralph Lauren Corporation has a 12 month low of $66.06 and a 12 month high of $114.00. The firm’s 50-day moving average is $75.13 and its 200 day moving average is $77.11.

Ralph Lauren Corporation (NYSE:RL) last posted its quarterly earnings results on Tuesday, August 8th. The textile maker reported $1.11 EPS for the quarter, topping the Zacks’ consensus estimate of $0.96 by $0.15. Ralph Lauren Corporation had a positive return on equity of 13.80% and a negative net margin of 0.27%. The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same period last year, the company earned $1.06 earnings per share. The business’s revenue for the quarter was down 13.2% on a year-over-year basis. Equities analysts anticipate that Ralph Lauren Corporation will post $5.18 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Friday, June 30th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date was Wednesday, June 28th. Ralph Lauren Corporation’s payout ratio is currently -869.57%.

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About Ralph Lauren Corporation

Ralph Lauren Corporation is engaged in the design, marketing and distribution of lifestyle products, including apparel, accessories, home furnishings and other licensed product categories. The Company operates through three segments: Wholesale, Retail and Licensing. Wholesale business consists of sales made to department stores and specialty stores around the world.

Insider Buying and Selling by Quarter for Ralph Lauren Corporation (NYSE:RL)

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