At the time of writing, Tapestry Inc [TPR] stock is trading at $79.05, down -1.65%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TPR shares have gain 7.51% over the last week, with a monthly amount glided 15.35%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Barclays upgraded its rating to Overweight on January 08, 2025, and elevated its price target to $87. On December 19, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $80 on the stock. Telsey Advisory Group reiterated its recommendation of a Outperform and raised its price target to $67 on November 15, 2024. TD Cowen downgraded its rating to Hold for this stock on October 29, 2024, but kept the price target unchanged to $52. In a note dated March 06, 2024, Telsey Advisory Group reiterated an Outperform rating on this stock and boosted its target price from $49 to $54.
For the past year, the stock price of Tapestry Inc fluctuated between $35.23 and $87.87. Currently, Wall Street analysts expect the stock to reach $68 within the next 12 months. Tapestry Inc [NYSE: TPR] shares were valued at $79.05 at the most recent close of the market. An investor can expect a potential drop of -13.98% based on the average TPR price forecast.
Analyzing the TPR fundamentals
According to Tapestry Inc [NYSE:TPR], the company’s sales were 6.78B for trailing twelve months, which represents an 5.32% jump. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.32 and Total Capital is 0.22. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.07.
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 78.08 points at the first support level, and at 77.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 80.29, and for the 2nd resistance point, it is at 81.52.
Ratios To Look Out For
It is important to note that Tapestry Inc [NYSE:TPR] has a current ratio of 1.58. As well, the Quick Ratio is 1.05, while the Cash Ratio is 0.56. Considering the valuation of this stock, the price to sales ratio is 2.41, the price to book ratio is 12.24 and price to earnings (TTM) ratio is 22.95.
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.
