Look At Analyst Expectations For A Better Read On Tapestry Inc (NYSE: TPR)

Currently, there are 229.19M common shares owned by the public and among those 228.31M shares have been available to trade.

Insiders at the company have transacted a total of 48 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 20 of these insider trades were purchases, accounting for 329,318 shares. Insider sales of the common stock occurred on 28 occasions, with total insider shares sold totaling 121,817 shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

However, the script later moved the day high at 41.21, up 1.56%. The company’s stock has a 5-day price change of 3.90% and 46.74% over the past three months. TPR shares are trading 11.38% year to date (YTD), with the 12-month market performance down to -11.08% lower. It has a 12-month low price of $25.99 and touched a high of $46.57 over the same period. TPR has an average intraday trading volume of 3.68 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 7.89%, 13.88%, and 13.31% respectively.

Institutional ownership of Tapestry Inc (NYSE: TPR) shares accounts for 90.38% of the company’s 229.19M shares outstanding.

It has a market capitalization of $9.40B and a beta (3y monthly) value of 1.55. The stock’s trailing 12-month PE ratio is 10.44, while the earnings-per-share (ttm) stands at $3.93. The company has a PEG of 0.95 and a Quick Ratio of 1.23 with the debt-to-equity ratio at 1.34. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.47% over the week and 2.40% over the month.

Earnings per share for the fiscal year are expected to increase by 6.69%, and 8.52% over the next financial year. EPS should shrink at an annualized rate of 11.00% over the next five years, compared to 23.01% over the past 5-year period.

Looking at the support for the TPR, a number of firms have released research notes about the stock. Evercore ISI stated their Outperform rating for the stock in a research note on February 05, 2024, with the firm’s price target at $30-$50.

Most Popular

Related Posts