Analysts Think It’s Time to Buy Ralph Lauren Corp (NYSE:RL)

Polo Ralph Lauren (NYSE:RL) management is taking several measures to reinvigorate growth and analysts think that the stock could gain value in the future. Credit Suisse recently upgraded the stock to “Outperform” and set a price target of $91. The firm thinks that Polo Ralph Lauren is headed to a meaningful growth in margins. Investors are hopeful of a turnaround in Polo Ralph Lauren stock after the company gave its plan in June. According to the plan, Polo Ralph Lauren will wind down its wholesale channel sales as they have become an extra baggage.

The company also plans to focus on digital sales and omnichannel experience. Analysts think that Polo Ralph Lauren has already started showing signs of growth. In this year, the company’s inventory declined by a whopping 31% year over year.

Over the current book year the total revenue will be 6,09 billion USD (consensus estimates). This is slightly lower than 2016's revenue of 6,65 billion USD.

Historical revenues and results Polo Ralph Lauren plus estimates 2017

stock price

The analysts expect for 2017 a net profit of 441 million USD. Most of the analyst anticipate on a profit per share of 5,32 USD. The price/earnings-ratio therefore is 17,08.

For this year the analysts expect a dividend of 2,04 USD per share. Polo Ralph Lauren 's dividend yield thus equals 2,24 percent. The average dividend yield of the personal goods companies equals a poor 0,88 percent.

Polo Ralph Lauren 's market capitalization is based on the number of outstanding shares around 5,18 billion USD.

On Friday, the stock closed at 90,87 USD.

Historical stock prices Polo Ralph Lauren from 2007 till 2017

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