Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Ralph Lauren Corp before investing.

In this article, we go over a few key elements for understanding Ralph Lauren Corp’s stock price such as:

• Ralph Lauren Corp’s current stock price and volume
• Why Ralph Lauren Corp’s stock price changed recently
• Upgrades and downgrades for RL from analysts
• RL’s stock price momentum as measured by its relative strength

About Ralph Lauren Corp (RL)

Before we jump into Ralph Lauren Corp’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Ralph Lauren Corporation is engaged in the design, marketing, and distribution of luxury lifestyle products, including apparel, footwear & accessories, home, fragrances, and hospitality. Its segments include North America, Europe, and Asia. Its brands include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Double RL, Polo Ralph Lauren, Lauren Ralph Lauren, Polo Ralph Lauren Children, and Chaps, among others. Its products include apparel and footwear and accessories for men, women, and children, as well as fragrance and home collections, together with its hospitality portfolio. Its range of footwear and accessories includes casual shoes, dress shoes, boots, sneakers, sandals, eyewear, watches, scarves, hats and others. Its range of home products includes bed and bath lines, lighting, dining, floor coverings, giftware and others. Its hospitality collection is comprised of its restaurants, including The Polo Bar in New York City and RL Restaurant located in Chicago.

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Ralph Lauren Corp’s Stock Price as of Market Close

As of July 08, 2024, 4:00 PM, CST, Ralph Lauren Corp’s stock price was $177.07.

Ralph Lauren Corp is up 4.98% from its previous closing price of $168.67.

During the last market session, Ralph Lauren Corp’s stock traded between $166.55 and $169.23. Currently, there are 64.30 million shares of Ralph Lauren Corp stock available for purchase.

Ralph Lauren Corp’s price-earnings (P/E) ratio is currently at 17.3, which is low compared to the Apparel & Accessories industry median of 18.6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Ralph Lauren Corp Stock Price History

Ralph Lauren Corp’s (RL) price is currently up 1.15% so far this month.

During the month of July, Ralph Lauren Corp’s stock price has reached a high of $177.11 and a low of $166.55.

Over the last year, Ralph Lauren Corp has hit prices as high as $192.03 and as low as $108.60. Year to date, Ralph Lauren Corp’s stock is up 67.57%.

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What Caused Ralph Lauren Corp Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 05, 2024, there were 3 analysts who downgraded Ralph Lauren Corp’s stock and 8 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Ralph Lauren Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Ralph Lauren Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Ralph Lauren Corp’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Ralph Lauren Corp (RL) by visiting AAII Stock Evaluator.

Relative Price Strength of Ralph Lauren Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 05, 2024, Ralph Lauren Corp has a weighted four-quarter relative price strength of 0.22%, which translates to a Momentum Score of 75 and is considered to be Strong.

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Ralph Lauren Corp Stock Price: Bottom Line

As of July 8, 2024, Ralph Lauren Corp’s stock price is $177.07, which is up 4.98% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Ralph Lauren Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.