Tapestry Inc (TPR) stock expected to loss -10.09% in the coming months

Tapestry Inc [TPR] stock is trading at $61.06, up 0.35%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TPR shares have gain 9.78% over the last week, with a monthly amount glided 20.98%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, Telsey Advisory Group reaffirmed its Outperform rating on November 15, 2024, and elevated its price target to $67. On October 29, 2024, downgrade downgraded it’s rating to Hold but maintained its price target of $52 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $54 on March 06, 2024. Jefferies downgraded its rating to a Hold but $50 remained the price target by the analyst firm on February 29, 2024. Evercore ISI upgraded its rating to Outperform for this stock on February 05, 2024, and upped its price target to $50.

Tapestry Inc [TPR] stock has fluctuated between $30.20 and $61.28 over the past year. Currently, Wall Street analysts expect the stock to reach $54.9 within the next 12 months. Tapestry Inc [NYSE: TPR] shares were valued at $61.06 at the most recent close of the market. An investor can expect a potential drop of -10.09% based on the average TPR price forecast.

Analyzing the TPR fundamentals

Tapestry Inc [NYSE:TPR] reported sales of 6.67B for the trailing twelve months, which represents a drop of -0.38%. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.29 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.45.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 60.59 points at the first support level, and at 60.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 61.48, and for the 2nd resistance point, it is at 61.91.

Ratios To Look Out For

For context, Tapestry Inc’s Current Ratio is 4.93. Also, the Quick Ratio is 4.38, while the Cash Ratio stands at 3.49. Considering the valuation of this stock, the price to sales ratio is 2.13, the price to book ratio is 4.77 and price to earnings (TTM) ratio is 17.67.

Transactions by insiders

Recent insider trading involved Kahn Todd, CEO and Brand President, Coach, that happened on Nov 22 ’24 when 52829.0 shares were sold. CEO and Brand President, Coach, Kahn Todd completed a deal on Nov 25 ’24 to sell 18492.0 shares. Meanwhile, General Counsel & Secretary Howard David E sold 42125.0 shares on Nov 22 ’24.

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