Ralph Lauren Reaches New 52-Week High (RL)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Ralph Lauren (NYSE: RL) hit a new 52-week high Tuesday as it is currently trading at $180.50, above its previous 52-week high of $179.90 with 381,129 shares traded as of 10:35 a.m. ET. Average volume has been 736,200 shares over the past 30 days.

Ralph Lauren has a market cap of $10.67 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 17.1% year to date as of the close of trading on Monday.

Ralph Lauren Corporation engages in the design, marketing, and distribution of lifestyle products. The company has a P/E ratio of 23, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Ralph Lauren as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. 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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