Currently, there are 206.90M common shares owned by the public and among those 206.24M shares have been available to trade.
The company’s stock has a 5-day price change of -15.92% and 10.76% over the past three months. TPR shares are trading 8.22% year to date (YTD), with the 12-month market performance up to 50.46% higher. It has a 12-month low price of $35.23 and touched a high of $90.85 over the same period. TPR has an average intraday trading volume of 4.99 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 -15.02%, -6.63%, and 31.70% respectively.
Institutional ownership of Tapestry Inc (NYSE: TPR) shares accounts for 107.29% of the company’s 206.90M shares outstanding.
It has a market capitalization of $14.64B and a beta (3y monthly) value of 1.36. The stock’s trailing 12-month PE ratio is 20.52, while the earnings-per-share (ttm) stands at $3.45. The company has a PEG of 1.66 and a Quick Ratio of 1.05 with the debt-to-equity ratio at 3.07. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.16% over the week and 4.00% over the month.
Earnings per share for the fiscal year are expected to increase by 14.44%, and 10.15% over the next financial year. EPS should grow at an annualized rate of 12.35% 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. Redburn Atlantic stated their Buy rating for the stock in a research note on February 18, 2025, with the firm’s price target at $110. Morgan Stanley coverage for the Tapestry Inc (TPR) stock in a research note released on January 21, 2025 offered a Equal-Weight rating with a price target of $65. Barclays was of a view on January 08, 2025 that the stock is Overweight, while Jefferies gave the stock Buy rating on December 19, 2024, issuing a price target of $50- $80. Barclays on their part issued Equal Weight rating on November 20, 2024.
