Tapestry Inc (TPR) concluded trading on Thursday at a closing price of $75.91, with 4.22 million shares of worth about $319.97 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 90.87% during that period and on January 30, 2025 the price saw a gain of about 2.04%. Currently the company’s common shares owned by public are about 233.00M shares, out of which, 232.14M shares are available for trading.
Stock saw a price change of 3.11% in past 5 days and over the past one month there was a price change of 15.24%. Year-to-date (YTD), TPR shares are showing a performance of 16.19% which increased to 91.45% 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 $75.78 during that period. The average intraday trading volume for Tapestry Inc shares is 4.71 million. The stock is currently trading 8.15% above its 20-day simple moving average (SMA20), while that difference is up 16.32% for SMA50 and it goes to 57.02% higher than SMA200.
Tapestry Inc (NYSE: TPR) currently have 233.00M outstanding shares and institutions hold larger chunk of about 88.76% of that.
The stock has a current market capitalization of $17.69B and its 3Y-monthly beta is at 1.61. PE ratio of stock for trailing 12 months is 21.96, while it has posted earnings per share of $3.46 in the same period. Its PEG reads 1.91 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 2.66% while standing at 2.48% over the month.
Stock’s fiscal year EPS is expected to rise by 8.73% while it is estimated to increase by 11.16% in next year. EPS is likely to grow at an annualized rate of 11.49% 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 Morgan Stanley on January 21, 2025 offering an Equal-weight rating for the stock and assigned a target price of $65 to it. Coverage by Barclays stated Tapestry Inc (TPR) stock as an Overweight in their note to investors on January 08, 2025, suggesting a price target of $87 for the stock. On December 19, 2024, Jefferies Upgrade their recommendations, while on November 20, 2024, Barclays Resumed their ratings for the stock with a price target of $57. Stock get an Outperform rating from Telsey Advisory Group on November 15, 2024.
