Tapestry Inc (TPR) concluded trading on Wednesday at a closing price of $68.53, with 4.36 million shares of worth about $298.76 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 61.82% during that period and on January 08, 2025 the price saw a gain of about 1.74%. Currently the company’s common shares owned by public are about 233.00M shares, out of which, 232.15M shares are available for trading.
Stock saw a price change of 4.90% in past 5 days and over the past one month there was a price change of 10.09%. Year-to-date (YTD), TPR shares are showing a performance of 4.90% which increased to 79.92% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $35.23 but also hit the highest price of $69.09 during that period. The average intraday trading volume for Tapestry Inc shares is 4.52 million. The stock is currently trading 5.88% above its 20-day simple moving average (SMA20), while that difference is up 15.53% for SMA50 and it goes to 47.58% higher than SMA200.
Tapestry Inc (NYSE: TPR) currently have 233.00M outstanding shares and institutions hold larger chunk of about 91.19% of that.
The stock has a current market capitalization of $15.97B and its 3Y-monthly beta is at 1.60. PE ratio of stock for trailing 12 months is 19.83, while it has posted earnings per share of $3.46 in the same period. Its PEG reads 1.98 and has Quick Ratio of 4.38 while making debt-to-equity ratio of 2.95. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TPR, volatility over the week remained 2.25% while standing at 2.42% over the month.
Stock’s fiscal year EPS is expected to rise by 8.50% while it is estimated to increase by 10.54% in next year. EPS is likely to grow at an annualized rate of 10.00% for next 5-years, compared to annual growth of 9.60% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on January 08, 2025 offering an Overweight rating for the stock and assigned a target price range of between $57 and $87 to it. Coverage by Jefferies stated Tapestry Inc (TPR) stock as a Buy in their note to investors on December 19, 2024, suggesting a price target of $80 for the stock. On November 20, 2024, Barclays Resumed their recommendations, while on November 15, 2024, Telsey Advisory Group Reiterated their ratings for the stock with a price target of $67. Stock get a Hold rating from TD Cowen on October 29, 2024.
