With 0.79 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.73 million shares. The 52-week range on RL shows that it touched its highest point at $289.33 and its lowest point at $155.96 during that stretch. It currently has a 1-year price target of $306.06. With its current market cap of 17.04 billion, RL has annualized dividend of $3.23 while the current yield stands at 1.17%. Beta for the stock currently stands at 1.52.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RL was down-trending over the past week, with a drop of -3.72%, but this was up by 11.34% over a month. Three-month performance surged to 33.15% while six-month performance rose 57.97%. The stock gained 46.35% in the past year, while it has gained 19.40% so far this year. A look at the trailing 12-month EPS for RL yields 10.97 with Next year EPS estimates of 13.67. For the next quarter, that number is 2.03. This implies an EPS growth rate of 16.97% for this year and 13.31% for next year. EPS is expected to grow by 15.03% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 13.00%.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RL since 16 analysts follow the stock currently. There are 12 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $10.38442 being high and $10.16411 being low. For RL, this leads to a yearly average estimate of $10.26425. Based on analyst estimates, the high estimate for the next quarter is $3.48 and the low estimate is $2.94. The average estimate for the next quarter is thus $3.07.
