Tapestry Inc [NYSE: TPR] stock went on a downward path that fall over -5.63% on Monday, amounting to a one-week price decrease of less than -15.92%.
Over the last 12 months, TPR stock rose by 50.46%. The one-year Tapestry Inc stock forecast points to a potential upside of 23.52. The average equity rating for TPR stock is currently 2.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $14.64 billion, with 206.90 million shares outstanding and 206.24 million shares in the current float. Compared to the average trading volume of 4.99M shares, TPR stock reached a trading volume of 9201842 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $92.44 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.
Redburn Atlantic have made an estimate for Tapestry Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 18, 2025. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Equal-Weight. The new note on the price target was released on January 21, 2025, representing the official price target for Tapestry Inc stock. Previously, the target price had yet another raise from $57 to $87, while Barclays kept a Overweight rating on TPR stock. On December 19, 2024, analysts increased their price target for TPR shares from 50 to 80.
The Average True Range (ATR) for Tapestry Inc is set at 3.50, with the Price to Sales ratio for TPR stock in the period of the last 12 months amounting to 2.16. The Price to Book ratio for the last quarter was 10.94, with the Price to Cash per share for the same quarter was set at 4.85. Price to Free Cash Flow for TPR in the course of the last twelve months was 17.07 with Quick ratio for the last quarter at 1.05.
TPR Stock Performance Analysis:
Tapestry Inc [TPR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -15.92. With this latest performance, TPR shares dropped by -13.99% in over the last four-week period, additionally plugging by 70.94% over the last 6 months – not to mention a rise of 50.46% 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 32.39, with the RSI for the last a single of trading hit 21.87, and the three-weeks RSI is set at 39.66 for Tapestry Inc [TPR]. The present Moving Average for the last 50 days of trading for this stock 75.72, while it was recorded at 77.18 for the last single week of trading, and 53.68 for the last 200 days.
Insight into Tapestry Inc Fundamentals:
Tapestry Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.05 and a Current Ratio set at 1.58.
TPR Stock EPS
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 12.35%.
Tapestry Inc [TPR] Institutonal Ownership Details
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%.
