Currently, there are 232.78M common shares owned by the public and among those 231.97M shares have been available to trade.
The company’s stock has a 5-day price change of 11.61% and 22.30% over the past three months. TPR shares are trading 33.20% year to date (YTD), with the 12-month market performance up to 77.64% higher. It has a 12-month low price of $25.99 and touched a high of $51.96 over the same period. TPR has an average intraday trading volume of 3.07 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 6.99%, 11.68%, and 15.13% respectively.
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
Institutional ownership of Tapestry Inc (NYSE: TPR) shares accounts for 90.48% of the company’s 232.78M shares outstanding.
It has a market capitalization of $11.41B and a beta (3y monthly) value of 1.56. The stock’s trailing 12-month PE ratio is 13.99, while the earnings-per-share (ttm) stands at $3.50. The company has a PEG of 1.47 and a Quick Ratio of 4.66 with the debt-to-equity ratio at 3.03. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.27% over the week and 2.14% over the month.
Earnings per share for the fiscal year are expected to increase by 4.65%, and 5.41% over the next financial year. EPS should shrink at an annualized rate of 9.50% over the next five years, compared to 9.60% over the past 5-year period.
Looking at the support for the TPR, a number of firms have released research notes about the stock. TD Cowen stated their Hold rating for the stock in a research note on Oct-30-24, with the firm’s price target at $52. Telsey Advisory Group coverage for the Tapestry Inc (TPR) stock in a research note released on March 06, 2024 offered a Outperform rating with a price target of $54. Jefferies was of a view on February 29, 2024 that the stock is Hold, while Evercore ISI gave the stock Outperform rating on February 05, 2024, issuing a price target of $30- $50. Morgan Stanley on their part issued Equal-Weight rating on December 12, 2023.
