Tapestry Inc [TPR] stock prices are up 0.90% to $64.73 at the moment. 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 0.83% over the last week, with a monthly amount glided 14.75%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Tapestry Inc [NYSE: TPR] stock has seen the most recent analyst activity on December 19, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $80 from $50. On November 15, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $67 on the stock. TD Cowen downgraded its rating to a Hold but stick to its price target of $52 on October 29, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and raised its price target to $54 on March 06, 2024. Jefferies downgraded its rating to Hold for this stock on February 29, 2024, but kept the price target unchanged to $50. In a note dated February 05, 2024, Evercore ISI upgraded an Outperform rating on this stock and boosted its target price from $30 to $50.
The stock price of Tapestry Inc [TPR] has been fluctuating between $35.23 and $65.30 over the past year. Currently, Wall Street analysts expect the stock to reach $61.83 within the next 12 months. Tapestry Inc [NYSE: TPR] shares were valued at $64.73 at the most recent close of the market. An investor can expect a potential drop of -4.48% based on the average TPR price forecast.
Analyzing the TPR fundamentals
The Tapestry Inc [NYSE:TPR] reported sales of 6.67B for trailing twelve months, representing 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 64.10 points at the first support level, and at 63.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 65.14, and for the 2nd resistance point, it is at 65.56.
Ratios To Look Out For
It’s worth pointing out that Tapestry Inc [NYSE:TPR]’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 2.32, the price to book ratio is 5.06 and price to earnings (TTM) ratio is 18.73.
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.
