The EVP of RL, Andrew Howard Smith has reportedly sold around 6000 shares of the company stocks in a 27th May transaction. The average price of the stocks was $125 with a total valuation of $776,500. The EVP of the company now has ownership of around 65,000 shares which have a total valuation of around $8 million. The documentation of the transaction is filed at the SEC.
The Quarterly Reports Of RL
The stocks of RL traded on Thursday at $1.60. The debt-to-equity ratio of the company is 0.63, with a 2.66 current ratio, and a 2.18 quick ratio. The moving average price of the company over a period of 50 days is $128.96, with a moving average price of the company over 200 days is $111.75. The year low of the company is $63.90, with the year high of $142.06. The market cap of the company is $9.19 billion, with a 71.62 PE ratio, and a 1.36 PEG ratio.
RL previously announced its quarterly earnings on the 19th of May. The EPS reported by the company at this period was $0.38, which is slightly less than the consensus estimate of $0.73. The net margin of the company is -2.75%, with a 4.89% return on equity. The revenue generated by the company is $1.29 billion, with a consensus estimate of $1.21 billion.
There have been quite a few research equities that have commented on the stocks of RL. JPMorgan Chase & Co has already increased the price target of the company from $114 to $132 with a rating of neutral in a 21st May research report. Zacks Investment Research has already reduced the rating of the company from buy to hold with a price target of $128 in a Monday research report.
Barclays has also increased the price target of the company from $72 to $109 with a rating of equal weight in a 5th February research report. Deutsche Bank has also reduced the price target of the company from $131 to $119 with a rating of hold in a 21st May research report.
Eight of the investment research analysts have given the company a rating of hold, while eleven of them have given the company a rating of buy. Currently, RL has a buy rating with a $122 price target.