RL Stock Summary and Trading Ideas (Ralph Lauren | NYSE:RL)

Founded by designer Ralph Lauren in 1967 in New York City, Ralph Lauren Corp. designs, markets, and distributes lifestyle merchandise in North America, Europe, and Asia. Best known for its iconic polo shirts, its products also include other types of apparel, footwear, eyewear, jewelry, handbags, home goods, and fragrances. The company's brands include Ralph Lauren Collection, Polo Ralph Lauren, and Lauren Ralph Lauren. Distribution channels for Ralph Lauren include wholesale (department stores and specialty stores), retail (company-owned retail stores and e-commerce), and licensing.

Ralph Lauren trades on the NYSE stock market under the symbol RL.

As of November 22, 2024, RL stock price climbed to $212.15 with 604,354 million shares trading.

RL has a beta of 1.37, meaning it tends to be more sensitive to market movements. RL has a correlation of 0.23 to the broad based SPY ETF.

RL has a market cap of $13.17 billion. This is considered a Large Cap stock.

Last quarter Ralph Lauren reported $2 billion in Revenue and $2.54 earnings per share. This beat revenue expectation by $46 million and exceeded earnings estimates by $.13.

In the last 3 years, RL traded as high as $237.16 and as low as $82.23.

The top ETF exchange traded funds that RL belongs to (by Net Assets): COWZ, VTI, VOO, VB, RSP.

RL has outperformed the market in the last year with a return of +75.5%, while the SPY ETF gained +32.4%. In the last 3 month period, RL beat the market returning +26.0%, while SPY returned +7.4%. However, in the most recent 2 weeks RL has underperformed the stock market by returning -4.7%, while SPY returned -0.4%.

RL support price is $203.13 and resistance is $211.11 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RL shares will trade within this expected range on the day.