Look For Institutional Buying In Tapestry Inc (NYSE: TPR)

Tapestry Inc (TPR) concluded trading on Wednesday at a closing price of $74.75, with 8.34 million shares of worth about $623.37 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 59.14% during that period and on May 07, 2025 the price saw a gain of about 1.96%. Currently the company’s common shares owned by public are about 206.90M shares, out of which, 206.14M shares are available for trading.

Stock saw a price change of 5.80% in past 5 days and over the past one month there was a price change of 18.67%. Year-to-date (YTD), TPR shares are showing a performance of 14.42% which increased to 90.49% 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 $90.85 during that period. The average intraday trading volume for Tapestry Inc shares is 5.97 million. The stock is currently trading 10.31% above its 20-day simple moving average (SMA20), while that difference is up 4.87% for SMA50 and it goes to 26.25% higher than SMA200.

Tapestry Inc (NYSE: TPR) currently have 206.90M outstanding shares and institutions hold larger chunk of about 103.15% of that.

The stock has a current market capitalization of $15.47B and its 3Y-monthly beta is at 1.47. PE ratio of stock for trailing 12 months is 21.70, while it has posted earnings per share of $3.45 in the same period. Its PEG reads 1.91 and has Quick Ratio of 1.05 while making debt-to-equity ratio of 3.07. 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 2.56% while standing at 4.60% over the month.

Stock’s fiscal year EPS is expected to rise by 14.56% while it is estimated to increase by 7.00% in next year. EPS is likely to grow at an annualized rate of 11.34% 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 Redburn Atlantic on February 18, 2025 offering a Buy rating for the stock and assigned a target price of $110 to it. Coverage by Morgan Stanley stated Tapestry Inc (TPR) stock as an Equal-weight in their note to investors on January 21, 2025, suggesting a price target of $65 for the stock. On January 08, 2025, Barclays Upgrade their recommendations, while on December 19, 2024, Jefferies Upgrade their ratings for the stock with a price target of $80. Stock get an Equal weight rating from Barclays on November 20, 2024.

Related Posts

Life Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.