Tapestry Inc [NYSE: TPR] closed the trading session at $64.58.
The stocks have a year to date performance of 75.44 percent and weekly performance of 9.61 percent. The stock has been moved at 45.84 percent over the last six months. The stock has performed 36.10 percent around the most recent 30 days and changed 55.35 percent over the most recent 3-months.
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If compared to the average trading volume of 3.67M shares, TPR reached to a volume of 8104454 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Tapestry Inc [TPR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TPR shares is $61.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TPR stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barclays have made an estimate for Tapestry Inc shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on November 20, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group raised their target price from $58 to $67. The new note on the price target was released on November 15, 2024, representing the official price target for Tapestry Inc stock. Previously, the target price had yet another raise to $52, while TD Cowen analysts kept a Hold rating on TPR stock. On March 06, 2024, analysts increased their price target for TPR shares from 49 to 54.
The Average True Range (ATR) for Tapestry Inc is set at 1.80, with the Price to Sales ratio for TPR stock in the period of the last 12 months amounting to 2.31. The Price to Book ratio for the last quarter was 5.05, with the Price to Cash per share for the same quarter was set at 30.66. Price to Free Cash Flow for TPR in the course of the last twelve months was 12.97 with Quick ratio for the last quarter at 4.38.
TPR stock trade performance evaluation
Tapestry Inc [TPR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.61. With this latest performance, TPR shares gained by 36.10% in over the last four-week period, additionally plugging by 45.84% over the last 6 months – not to mention a rise of 103.92% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TPR stock in for the last two-week period is set at 81.41, with the RSI for the last a single of trading hit 85.68, and the three-weeks RSI is set at 78.11 for Tapestry Inc [TPR]. The present Moving Average for the last 50 days of trading for this stock 49.92, while it was recorded at 61.94 for the last single week of trading, and 44.29 for the last 200 days.
Tapestry Inc [TPR]: An insightful look at the core fundamentals
Tapestry Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.38 and a Current Ratio set at 4.93.
Earnings per share (EPS) analysis for Tapestry Inc [TPR] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TPR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Tapestry Inc go to 10.00%.
Tapestry Inc [TPR]: Institutional Ownership
There are presently around $92.29%, or 92.59%% of TPR stock, in the hands of institutional investors. The top three institutional holders of TPR stocks are: VANGUARD GROUP INC with ownership of 30.67 million shares, which is approximately 13.3647%. BLACKROCK INC., holding 19.59 million shares of the stock with an approximate value of $$838.42 million in TPR stocks shares; and BLACKROCK INC., currently with $$783.98 million in TPR stock with ownership which is approximately 7.9833%.
