Ralph Lauren's Stock Shows Great Style

The iconic fashion company Ralph Lauren (RL) came through with better-than-expected fiscal-fourth-quarter results (ended Mar. 29, 2014) on Friday but warned that planned heavy capital spending would negatively affect fiscal 2015 earnings.

Fiscal 2013 earnings per share of $8.42 were the best ever. Previous estimates for the current year had been running at $9.15 to $9.30. Lower those projections to $9, and the stock, which had sold off to $143.07, looks quite somewhat underpriced at 15.9x the already reduced forward estimate....325 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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