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Tapestry (TPR)
NYSE:TPR
Tapestry (TPR) Stock Price & Analysis
1,609 Followers
TPR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$25.52 - $48.44
Previous Close$42.52
Volume3.82M
Average Volume (3M)3.85M
Market Cap
$9.77B
Enterprise Value$11.65B
Total Cash (Recent Filing)$7.46B
Total Debt (Recent Filing)$9.34B
Price to Earnings (P/E)11.3
Beta1.11
Next Earnings
Aug 15, 2024EPS Estimate
$0.89Next Dividend Ex-Date
Jun 07, 2024Dividend Yield3.16%
Share Statistics
EPS (TTM)3.78
Shares Outstanding229,773,250
10 Day Avg. Volume4,015,166
30 Day Avg. Volume3,848,042
Standard Deviation0.15
R-Squared0.35
Alpha-0.00110
Financial Highlights & Ratios
Price to Book (P/B)47.57
Price to Sales (P/S)6.48
Price to Cash Flow (P/CF)24.70
P/FCF Ratio23.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.73
Enterprise Value/Gross Profit2.47
Enterprise Value/Ebitda8.08
Forecast
1Y Price Target
$50.89Price Target Upside20.25% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Tapestry News
Bulls Say, Bears Say
Bulls Say
Brand DevelopmentManagement believes the issues at MK are very fixable with several notable views that can stabilize the brand.
Product InnovationManagement indicated a robust innovation pipeline for Coach, leading to further Average Unit Retail growth into FY25.
Strategic AcquisitionsCEO Crevoiserat sees multiple ways for shareholders to win with significant opportunity to drive scale, synergies and category dominance including year 1 accretion.
Bears Say
Earnings OutlookStuart sales declined significantly, reflecting headwinds in core North American and China markets.
Merger And AcquisitionInvestor angst has been building due to potential FTC plans to block the TPR/CPRI merger.
Revenue ForecastThe company has cut their 4Q outlook, implying declines in both North America and China with total revenues planned to decrease.
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Ownership Overview
2.84% Insiders
40.32% Mutual Funds
47.32% Other Institutional Investors
9.51% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Tapestry
Desktop Users
Mobile Users
TPR FAQ
What was Tapestry’s price range in the past 12 months?
Tapestry lowest stock price was $25.52 and its highest was $48.44 in the past 12 months.
What is Tapestry’s market cap?
Currently, no data Available
When is Tapestry’s upcoming earnings report date?
Tapestry’s upcoming earnings report date is Aug 15, 2024 which is in 90 days.
How were Tapestry’s earnings last quarter?
Tapestry released its earnings results on May 09, 2024. The company reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.683 by $0.127.
Is Tapestry overvalued?
According to Wall Street analysts Tapestry’s price is currently Undervalued.
Does Tapestry pay dividends?
Tapestry pays a Quarterly dividend of $0.35 which represents an annual dividend yield of 3.16%. See more information on Tapestry dividends here
What is Tapestry’s EPS estimate?
Tapestry’s EPS estimate is $0.89.
How many shares outstanding does Tapestry have?
Tapestry has 229,773,250 shares outstanding.
What happened to Tapestry’s price movement after its last earnings report?
Tapestry reported an EPS of $0.81 in its last earnings report, beating expectations of $0.683. Following the earnings report the stock price went up 3.566%.
Which hedge fund is a major shareholder of Tapestry?
Among the largest hedge funds holding Tapestry’s share is Gotham Asset Management LLC. It holds Tapestry’s shares valued at 15M.
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Tapestry Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$50.89 (20.25% Upside)
$50.89 (20.25% Upside)
Blogger Sentiment
Bullish
TPR Sentiment 93%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 2.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 1.0%
Last 30 Days ▼ 3.5%
Last 30 Days ▼ 3.5%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
5.17%
12-Months-Change
Fundamentals
Return on Equity
34.96%
Trailing 12-Months
Asset Growth
96.55%
Trailing 12-Months
Company Description
Tapestry
Tapestry, Inc. engages in the provision of luxury accessories and lifestyle brands. It operates through the following segments: Coach, Kate Spade, Stuart Weitzman, and Corporate. The Coach segment consists global sales of coach brand products to customers through coach operated stores, including the internet and concession shop-in-shops, and sales to wholesale customers, and through independent third party distributors. The Kate Spade segment focuses on Kate Spade New York brand products to customers through Kate Spade operated stores, including the Internet, sales to wholesale customers, through concession shop-in-shops and through independent third party distributors. The Stuart Weitzman segment comprises Stuart Weitzman brand products primarily through Stuart Weitzman operated stores. The Corporate segment represents certain costs that are not directly distributed to a brand. The company was founded by Dawn Hughes in 1941 and is headquartered in New York, NY.
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TPR Company Deck
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TPR Earnings Call
Q3 2024
0:00 / 0:00
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TPR Net sales Breakdown
47.82% Women's Handbags
19.99% Women's Accessories
14.22% Men's
4.23% Stuart Weitzman
13.06% Other
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TPR Stock 12 Month Forecast
Average Price Target
$50.89
▲(20.25% Upside)
Technical Analysis
Best Analysts Covering TPR
1 Year
1 Year Success Rate
13/19 ratings generated profit
1 Year Average Return
+56.91%
reiterated a buy rating 4 months ago
Copying Rick Patel's trades and holding each position for 1 Year would result in 68.42% of your transactions generating a profit, with an average return of +56.91% per trade.
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