Friday's session is showcasing interesting market movements in the S&P500 index, with notable gap up and gap down stocks. Stay updated with the gapping S&P500 stocks in today's session.
Since March 2020, the S&P 500 has delivered a total return of 120%. But one standout stock has nearly doubled the market - over the past five years, Ralph Lauren has surged 211% to $231.35 per share. Its momentum hasn’t stopped as it’s also gained 17.1% in the last six months thanks to its solid quarterly results, beating the S&P by 16.6%.
Goldman Sachs analyst Brooke Roach upgrades Ralph Lauren (NYSE: RL) to Buy with a price target of $286, citing improving execution and growth opportunities.
Let's have a look at what is happening on the US markets before the opening bell on Thursday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
Stay informed about the performance of the S&P500 index in the middle of the day on Monday. Uncover the top gainers and losers in today's session for valuable insights.
Stay tuned for the market movements in the S&P500 index on Friday. Check out the gap up and gap down stocks in the S&P500 index during today's session.
Needham analyst Tom Nikic gives Ralph Lauren Corp (NYSE: RL) a Buy rating with a $310 price target, citing 31 consecutive quarters of AUR growth. Despite a 50% drop in unit sales since FY17, RL has reached an inflection point, with AUR growth accelerating in FY25.
Shares of fashion brand Ralph Lauren (NYSE:RL)
jumped 15.9% in the morning session after the company reported strong fourth-quarter results, which blew past analysts' constant currency revenue expectations, reflecting better-than-expected holiday performance across all geographies. Looking ahead, its revenue guidance for 2025 of 6-7% growth is quite healthy. Overall, we think this was a decent quarter with some key metrics above expectations.
Fashion brand Ralph Lauren (NYSE:RL) announced better-than-expected revenue in Q4 CY2024, with sales up 10.8% year on year to $2.14 billion. Its non-GAAP profit of $4.82 per share was 6.5% above analysts’ consensus estimates.
Let's have a look at what is happening on the US markets in the middle of the day on Thursday. Below you can find the top S&P500 gainers and losers in today's session.
Let's have a look at what is happening on the US markets before the opening bell on Thursday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
