At the time of writing, Tapestry Inc [TPR] stock is trading at $68.53, up 1.74%. An important factor to consider is whether the stock is rising or falling in short-term value. The TPR shares have gain 4.90% over the last week, with a monthly amount glided 10.09%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Tapestry Inc [NYSE: TPR] stock has seen the most recent analyst activity on January 08, 2025, when Barclays upgraded its rating to a Overweight and also boosted its price target to $87 from $57. Previously, Jefferies upgraded its rating to Buy on December 19, 2024, and elevated its price target to $80. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $67 on November 15, 2024. TD Cowen downgraded its rating to a Hold but $52 remained the price target by the analyst firm on October 29, 2024. Telsey Advisory Group reiterated a Outperform rating for this stock on March 06, 2024, and upped its price target to $54. In a note dated February 29, 2024, Jefferies downgraded an Hold rating on this stock but restated the target price of $50.
For the past year, the stock price of Tapestry Inc fluctuated between $35.23 and $69.09. Currently, Wall Street analysts expect the stock to reach $64.14 within the next 12 months. Tapestry Inc [NYSE: TPR] shares were valued at $68.53 at the most recent close of the market. An investor can expect a potential drop of -6.41% based on the average TPR price forecast.
Analyzing the TPR fundamentals
According to Tapestry Inc [NYSE:TPR], the company’s sales were 6.67B for trailing twelve months, which represents an -0.38% plunge. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.45.
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 67.44 points at the first support level, and at 66.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 69.20, and for the 2nd resistance point, it is at 69.87.
Ratios To Look Out For
It is important to note that Tapestry Inc [NYSE:TPR] has a current ratio of 4.93. On the other hand, the Quick Ratio is 4.38, and the Cash Ratio is 3.49. Considering the valuation of this stock, the price to sales ratio is 2.40, the price to book ratio is 5.35 and price to earnings (TTM) ratio is 19.83.
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.
