Ralph Lauren Reaches New 52-Week High (RL)

NEW YORK ( TheStreet) -- Ralph Lauren (NYSE: RL) hit a new 52-week high Monday as it is currently trading at $178.73, above its previous 52-week high of $178.47 with 84,125 shares traded as of 9:55 a.m. ET. Average volume has been one million shares over the past 30 days.

Ralph Lauren has a market cap of $9.24 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 27.7% year to date as of the close of trading on Friday.

Ralph Lauren Corporation, together with its subsidiaries, engages in the design, marketing, and distribution of lifestyle products. The company has a P/E ratio of 25.3, above the average consumer non-durables industry P/E ratio of 22.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Ralph Lauren as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Ralph Lauren Ratings Report.

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