7 Basic Materials Stocks to Buy to Anchor Your Portfolio

The movement of basic materials stocks requires investors to keep a keen eye on the state of the economy to determine profitability. Raw materials such as plastic, steel, and lumber will always be in demand. Here are 7 stocks to take advantage of the growing demand!

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Warren Buffett's "Mystery Stock"

RL
Ralph Lauren Corporation
NYSE
173.59
Open 168.57 Prev Close 173.45
High 173.64 Low 167.31
Volume 2,282,771 Volume (Avg) 1,047,575
52 Week High 129.75 52 Week Low 59.82
Market Cap 9.1B PE Ratio 11.26

Shares Stats

Shares Outstanding48,200,000
Shares Float47,480,873
Shares Short2,879,078
Insider Holdings230%
Institution Holdings102.85%

About Ralph Lauren Corporation

Ralph Lauren Corporation designs, markets, and distributes lifestyle products in North America, Europe, Asia, and internationally. The company offers apparel, including a range of men's, women's, and children's clothing accessories, which comprise sandals, eyewear, watches, fashion and fine jewelry, scarves, hats, gloves, umbrellas, and belts, as well as leather goods, such as handbags, luggage, small leather goods, and belts; home products consisting of bedding and bath products, furniture, fabrics and wallpapers, lightings, tabletops, floorcoverings, and giftware; and fragrances. It sells apparel and accessories under the Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Golf Ralph Lauren, Ralph Lauren Golf, RLX Ralph Lauren, Polo Ralph Lauren Children, Chaps, Club Monaco, and other brand names; women's fragrances under the Ralph Lauren Collection, Woman by Ralph Lauren, Romance Collection, Ralph Collection, and Big Pony Women's brand names; and men's fragrances under the Polo Blue, Safari, Purple Label, Polo Red, Polo Green, Polo Black, Polo Supreme, Polo Sport, and Big Pony Men's brand names. The company's restaurant concepts include The Polo Bar in New York City; RL Restaurant in Chicago; Ralph's in Paris; and Ralph's Coffee concept. Ralph Lauren Corporation sells its products to department stores, specialty stores, and golf and pro shops, as well as directly to consumers through its retail stores, concession-based shop-within-shops, and its digital commerce sites. The company directly operates 530 retail stores and 654 concession-based shop-within-shops; and operates 80 Ralph Lauren stores, 31 Ralph Lauren concession shops, and 139 Club Monaco stores and shops through licensing partners. Ralph Lauren Corporation was founded in 1967 and is based in New York, New York.

General

NameRalph Lauren Corporation
TickerRL
ExchangeNYSE
SectorConsumer Cyclical
IndustryApparel Manufacturing
CurrencyUSD
CountryUSA
Fiscal Year EndMarch
Full Time Employees13,700

Highlights

Analyst Target123.81
Market Cap9,112,014,848
PE Ratio11.26
PEG Ratio4.99
EBITDA363,300,000

Financials

Curr Year EPS Estimate0.56
Next Quarter EPS Estimate0.25
Profit Margin-0.07
Return on Assets0.01
Return on Equity-0.10
Revenue4,387,899,904
Earnings Per Share-4.03
Revenue Per Share59.72
Gross Profit3,812,800,000
Quarterly Revenue Growth-0.18

Valuation

Trailing PE37.98
Forward PE17.83
Price/Sales (Trailing 12 Mt.)2.06
Price/Book (Most Recent Quarter)3.33

Dividend

Ralph Lauren Corporation pays out a dividend of $0.69 per share, with a dividend yield of 1.76%.

RL's last dividend payment was made to shareholders on April 10, 2020.

They pay out 112.79% of their earnings out as a dividend.

Recent Dividends

Apr 12, 2024$0.75
Jan 12, 2024$0.75
Oct 13, 2023$0.75
Jul 14, 2023$0.75
Apr 14, 2023$0.75
Jan 13, 2023$0.75
Oct 14, 2022$0.75
Jul 15, 2022$0.75
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