Tapestry Inc [NYSE: TPR] gained 3.56% or 2.53 points to close at $73.50 with a heavy trading volume of 6497543 shares.
The daily chart for TPR points out that the company has recorded 69.90% gains over the past six months.
If we look at the average trading volume of 5.19M shares, TPR reached to a volume of 6497543 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $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 3.19, with the Price to Sales ratio for TPR stock in the period of the last 12 months amounting to 2.25. The Price to Book ratio for the last quarter was 11.38, 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 17.74 with Quick ratio for the last quarter at 1.05.
Trading performance analysis for TPR stock
Tapestry Inc [TPR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.52. With this latest performance, TPR shares dropped by -17.42% in over the last four-week period, additionally plugging by 69.90% over the last 6 months – not to mention a rise of 56.92% 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 43.40, with the RSI for the last a single of trading hit 42.78, and the three-weeks RSI is set at 46.19 for Tapestry Inc [TPR]. The present Moving Average for the last 50 days of trading for this stock 76.50, while it was recorded at 71.17 for the last single week of trading, and 54.71 for the last 200 days.
Tapestry Inc [TPR]: A deeper dive into fundamental analysis
Tapestry Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.05 and a Current Ratio set at 1.58.
Tapestry Inc [TPR]: An earnings per share (EPS) analysis
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%.
An analysis of Institutional ownership at Tapestry Inc [TPR]
There are presently around $108.63%, or 109.04%% 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%.
