Ralph Lauren (RL) stock outperformed market with 1.93% increase, positive earnings growth expected.

In the latest session, Ralph Lauren (RL) saw a 1.93% increase to $279.81, outperforming the S&P 500, Dow, and Nasdaq. However, the company’s shares have dropped 1.2% in the last month, not matching the sector’s gains. Analysts predict a 25.93% EPS growth and an 8.27% revenue increase compared to last year.

Investors should monitor Ralph Lauren’s upcoming earnings report, which is expected to show positive growth. The Zacks Consensus Estimates project a 10.54% earnings increase and a 3.23% revenue rise for the full year. Analyst estimate revisions can impact stock prices, with positive revisions indicating confidence in the company’s profitability.

Ralph Lauren currently has a Forward P/E ratio of 20.14, higher than the industry average of 14.34. The company’s PEG ratio stands at 2.09, showing a premium valuation compared to its peers. The Textile – Apparel industry ranks low in the Zacks Industry Rank, suggesting potential lower performance compared to other sectors.

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Read more at Nasdaq: Why Ralph Lauren (RL) Outpaced the Stock Market Today