Ralph Lauren Corporation ($RL) Stock Forecast: Down 5.3% Today

What is Ralph Lauren Corporation?

Ralph Lauren Corporation (NYSE: RL) is a renowned American fashion company known for its luxury clothing, accessories, and home products. Today, the stock RL experienced a significant bearish movement in the market.

Why is Ralph Lauren Corporation going down?

RL stock is down 5.3% on Nov 12, 2024 14:46

• Despite reporting better-than-expected second-quarter financial results with earnings and revenues surpassing estimates, the stock saw a bearish movement.
• The market may have reacted negatively due to profit-taking by investors who were anticipating a bullish run following the strong earnings report.
• The stock hitting a 52-week high and questions about further potential gains might have led to some investors deciding to sell off their positions, contributing to the bearish movement.
• The comparison between RL and LULU in terms of value might have also influenced investor sentiment towards Ralph Lauren, impacting its stock performance negatively today.

RL Price Chart

RL Technical Analysis

RL News

These Analysts Increase Their Forecasts On Ralph Lauren Following Strong Earnings - Ralph Lauren ( NYSE:RL )

Ralph Lauren Corporation RL reported better-than-expected second-quarter financial results on Thursday. Quarterly adjusted earnings per share of $2.54, topped the consensus of $2.41. Quarterly revenues of $1.726 billion beat the street view of $1.677 billion.

https://www.benzinga.com/24/11/41855360/these-analysts-increase-their-forecasts-on-ralph-lauren-following-strong-earnings

Ralph Lauren Soars As Q2 Results Outpace Expectations-CEO Eyes Holiday Season With Raised Revenue Goals - Ralph Lauren ( NYSE:RL )

Ralph Lauren Corporation RL shares surged after the company reported better-than-expected second-quarter results. Quarterly adjusted earnings per share of $2.54, topped the consensus of $2.41. Quarterly revenues of $1.726 billion beat the street view of $1.677 billion.

https://www.benzinga.com/news/earnings/24/11/41816035/ralph-lauren-soars-as-q2-results-outpace-expectations-ceo-eyes-holiday-season-with-raised-revenue-g

Ralph Lauren Corporation ( RL ) Hits Fresh High: Is There Still Room to Run?

Ralph Lauren (RL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

https://www.zacks.com/stock/news/2366229/ralph-lauren-corporation-rl-hits-fresh-high-is-there-still-room-to-run

Ralph Lauren ( RL ) Q2 Earnings and Revenues Surpass Estimates

Ralph Lauren (RL) delivered earnings and revenue surprises of 4.53% and 3.16%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2366192/ralph-lauren-rl-q2-earnings-and-revenues-surpass-estimates

RL vs. LULU: Which Stock Is the Better Value Option?

Investors looking for stocks in the Textile - Apparel sector might want to consider either Ralph Lauren ( RL Quick QuoteRL - ) or Lululemon ( LULU Quick QuoteLULU - ) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.

https://www.zacks.com/stock/news/2365435/rl-vs-lulu-which-stock-is-the-better-value-option

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Ralph Lauren Corporation Price History

07.10.2024 - RL Stock was up 7.1%

• Ralph Lauren (RL) shares surged after reporting better-than-expected second-quarter results, with adjusted earnings per share and revenues surpassing analyst estimates.
• The company's optimistic outlook for the holiday season, with raised revenue goals, likely contributed to investor confidence and the bullish movement in the stock.
• Hitting a 52-week high and delivering impressive earnings and revenue surprises indicate strong momentum and potential for further gains in the future.
• The positive market sentiment towards RL is reinforced by comparisons with other stocks in the sector, highlighting its value and attractiveness to investors.

07.10.2024 - RL Stock was up 10.3%

• RL's second-quarter fiscal 2025 results are expected to benefit from brand strength, robust demand, and expansion across all channels.
• The stock has shown momentum, up 0.04% in the past week, appealing to momentum investors.
• Given its growth attributes, RL is poised to outperform the market, making it attractive to growth investors.
• In comparison to Royal Caribbean Cruises (RCL) in the Consumer Discretionary sector, RL is holding strong and outperforming its counterpart.
• The positive movement in RL's stock is driven by the anticipation of strong Q2 earnings, growth potential, and favorable sector comparisons, highlighting its appeal to investors.

12.10.2024 - RL Stock was down 5.3%

• Despite reporting better-than-expected second-quarter financial results with earnings and revenues surpassing estimates, the stock saw a bearish movement.
• The market may have reacted negatively due to profit-taking by investors who were anticipating a bullish run following the strong earnings report.
• The stock hitting a 52-week high and questions about further potential gains might have led to some investors deciding to sell off their positions, contributing to the bearish movement.
• The comparison between RL and LULU in terms of value might have also influenced investor sentiment towards Ralph Lauren, impacting its stock performance negatively today.

08.01.2024 - RL Stock was up 17.0%

• The bullish movement in Ralph Lauren's stock today can be attributed to the following factors:
• 1. Strong Q3 Results: Ralph Lauren reported better-than-expected earnings per share and revenue for the third quarter. This positive financial performance indicates the company's ability to generate growth and profitability, which has likely attracted investors.
• 2. Positive Analyst Sentiment: CNBC's Jim Cramer expressed optimism about Ralph Lauren's strength across regions, highlighting its "staying power" within the retail sector. This positive sentiment from a prominent analyst can influence investor confidence and contribute to the bullish movement.
• 3. Market Attention: Ralph Lauren's impressive Q3 results and subsequent stock surge have garnered attention in the market. The company's performance has been discussed in various news articles, further increasing its visibility and potentially attracting more investors.
• 4. Overall Market Sentiment: It's important to consider the overall market sentiment when analyzing individual stock movements. If the broader market is experiencing positive momentum, it can contribute to the bullish movement of stocks like Ralph Lauren.
• Overall, Ralph Lauren's strong Q3 results, positive analyst sentiment, market attention, and potentially favorable market conditions have likely driven the bullish movement in the stock today.

08.01.2024 - RL Stock was up 16.4%

• RL stock surged after reporting impressive Q3 results, with earnings and revenues surpassing estimates.
• The notable earnings surge in Q3 fiscal 2024 contributed to the bullish movement.
• RL shares climbed as Asia led the sales rise in Q3, indicating strong performance in that region.
• The positive news surrounding RL's Q3 results and sales growth likely fueled investor optimism and drove the bullish market movement.

08.01.2024 - RL Stock was up 16.5%

• The bullish movement in RL stock today can be attributed to the following factors:
• 1. Impressive Q3 Earnings: Ralph Lauren's Q3 earnings and revenues surpassed estimates, indicating strong financial performance. This positive news likely boosted investor confidence and contributed to the bullish movement.
• 2. Strong China Luxury Sales: The article mentions that RL scored an earnings breakaway gap on strong China luxury sales. This suggests that the company's expansion into the Chinese market and its ability to capture the demand for luxury goods in the region played a significant role in the stock's upward movement.
• 3. Market Sentiment: The fact that RL was included in discussions about stock plays and featured in articles highlighting the largest moves in midday trading indicates that the market sentiment towards the stock was positive. This increased attention and interest from investors could have further fueled the bullish movement.
• Overall, Ralph Lauren's impressive earnings, strong performance in the Chinese market, and positive market sentiment likely contributed to the bullish movement in RL stock today.

02.03.2024 - RL Stock was down 5.1%

• The decrease in Ralph Lauren's stock today could be linked to profit-taking by investors following a period of strong performance.
• Positive developments related to Crocs, Carter's, and Academy Sports might have shifted investor attention away from Ralph Lauren, leading to a stock sell-off.
• The recent surge in meme-stock frenzy, where Truth Social's owner exceeded Ralph Lauren in value, might have also contributed to the negative outlook towards RL.
• Although Vista Outdoor's Revelyst segment acquisition news positively impacted its stock, it could have drawn focus away from Ralph Lauren, resulting in a decrease in its share price.

09.01.2024 - RL Stock was up 16.5%

• Ralph Lauren stock experienced a bullish movement, possibly due to positive earnings reports from Disney and renewed optimism in the semiconductor industry.
• The rise in oil prices and fears of conflict in the Middle East may have contributed to the overall bullish sentiment in the market, including the increase in Ralph Lauren stock.
• Despite the struggles in China's broader economy, the article mentioning Chinese consumers buying more luxury clothes could have also influenced the positive market movement for Ralph Lauren.
• The mention of Ralph Lauren in the "3-Stock Lunch" segment could have generated additional interest and buying activity for the stock.

08.01.2024 - RL Stock was up 17.4%

• Ralph Lauren reported better-than-expected third-quarter earnings per share and revenue, beating the street view. This positive financial performance likely contributed to the bullish movement in RL stock.
• Strong sales in China's luxury market also played a significant role in RL's bullish movement, as the company scored an earnings breakaway gap on the back of this growth.
• CNBC's Jim Cramer highlighted Ralph Lauren's strength across regions, emphasizing its "staying power" within the retail industry. This positive endorsement may have further fueled investor confidence in the stock.
• The overall positive sentiment in the luxury retail sector, as evidenced by RL's strong performance and market rally, could have also contributed to the bullish movement in RL stock.

09.01.2024 - RL Stock was up 16.5%

• The bullish movement in RL's stock today can be attributed to the following factors:
• Analyst Upgrade: Telsey Advisory Group raised the price target for RL, indicating positive sentiment and potential growth prospects for the company.
• Positive Earnings Reports: The previous day's earnings reports from other companies, such as SoftBank Group Corp., recording a quarterly profit, may have boosted investor confidence in the overall market and contributed to the bullish movement of RL's stock.
• Consumer Demand in China: The news about Chinese consumers buying more luxury clothes despite the struggling economy suggests a potential increase in demand for high-end fashion brands like RL, which could have positively impacted the stock's performance.
• Overall, the combination of an analyst upgrade, positive earnings reports, and strong consumer demand in China likely contributed to the bullish movement in RL's stock today.

09.01.2024 - RL Stock was up 16.5%

• The bullish movement in RL stock today can be attributed to the following factors:
• 1. Strong earnings: The article mentions solid earnings from Disney and renewed optimism in the semiconductor industry, which could have created a positive sentiment in the market. RL's strong financial performance and positive outlook might have attracted investors, leading to a rise in stock price.
• 2. China's luxury market: Despite the struggling economy in China, the article highlights that consumers are still splurging on luxury clothes. RL, being a luxury brand, could have benefited from this trend, as increased demand from Chinese consumers could have boosted the company's sales and stock price.
• 3. Market speculation: The article titled "Why Ralph Lauren (RL) Stock Is Trading Up Today" suggests that there might be specific market speculation or news related to RL that is driving the stock price higher. Unfortunately, without access to the article, we cannot provide further details on the specific reasons mentioned.
• Overall, the combination of strong earnings, positive market sentiment towards luxury brands, and potential market speculation could have contributed to the bullish movement in RL stock today.

09.01.2024 - RL Stock was up 16.5%

• 1. Ralph Lauren shares enjoyed a bullish movement today, likely driven by positive earnings results. The company's impressive third-quarter fiscal 2024 results, with a 6% year-over-year growth in net revenues, surpassed estimates and likely contributed to the upward movement.
• 2. The article highlighting China's consumers buying more luxury clothes despite the struggling economy could have also played a role in the bullish movement. As China is a significant market for luxury brands, increased consumer spending in this region could have positively impacted Ralph Lauren's stock.
• 3. The mention of Ralph Lauren in the "3-Stock Lunch" segment suggests that the stock was being discussed as a potential investment opportunity, which might have generated interest and contributed to the bullish movement.
• 4. The article titled "Why Ralph Lauren (RL) Stock Is Trading Up Today" could provide further insights into the specific reasons behind the bullish movement, but without access to the article's content, it is difficult to provide a more detailed assessment.
• Overall, positive earnings results, increased consumer spending in China, and potential investor interest could have contributed to the bullish movement of Ralph Lauren's stock today.