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Company Update (NYSE:RL): Ralph Lauren Third Quarter Fiscal Year 2016 Results to Be Released Thursday, February 4, 2016

[Business Wire] – Ralph Lauren Corporation will release its Third Quarter Fiscal Year 2016 results for the period ended December 26, 2015 at approximately 8:00 A.M. Eastern, Thursday, February 4, 2016. Read more on this. Ralph Lauren Corporation (RL) , with a current market cap of $8.56B, started the session at $100.62. During the trading session, RL traded between $98.15 to $102.06 with a trailing 52-week range being $98.15 to $172.09. RL shares are currently priced at 14.98x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 18.45x forward p/e ratio. And for dividend hunters, the company pays shareholders $2.00 per share annually in dividends, yielding 1.93%. Consensus earnings for the current quarter by the 21 sell-side analysts covering the stock is an estimate of $2.15 per share, which would be $0.26 worse than the year-ago quarter and a $0.25 sequential decrease. The full-year EPS estimate is $6.94 which would be a $0.94 setback than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $2.04 Billion. If realized, that would be a 0.49% increase over the year-ago quarter. More recently, Susquehanna Initiated RL at Positive (Nov 3, 2015). Previously, Barclays downgraded RL from Overweight to Equal Weight. The average price target for RL shares is $139.65, which is 38.79% above where the stock opened this morning. See more in (NYSE:RL) Similar Articles: Stock Update (NYSE:RL): Ralph Lauren Second Quarter Fiscal Year 2016 Results to be Released Thursday, November 5, 2015 Company Update: Ralph Lauren Corporation (NYSE:RL) – Ralph Lauren Reports Better-Than-Expected First Quarter Fiscal 2016 Results Company Update (NYSE:RL): Ralph Lauren First Quarter Fiscal Year 2016 Results to be Released Wednesday, August 5, 2015
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