Check Out Tapestry Inc (TPR)’s Trade Data Rather Than the Analysts’ Views

With 2.9 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.3 million shares. During the session, the Luxury Goods company that operates in wider Consumer Cyclical sector, reached to the highest price of $55.875 whereas the lowest price it dropped to was $54.995. The 52-week range on TPR shows that it touched its highest point at $58.49 and its lowest point at $30.19 during that stretch. It currently has a 1-year price target of $61.33. With its current market cap of 12.89 billion, TPR has annualized dividend of $1.40 while the current yield stands at 2.53%. Beta for the stock currently stands at 1.58.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TPR was up-trending over the past week, with a rise of 7.88%, but this was up by 25.88% over a month. Three-month performance surged to 37.66% while six-month performance rose 33.32%. The stock gained 79.78% in the past year, while it has gained 50.23% so far this year. A look at the trailing 12-month EPS for TPR yields 3.46 with Next year EPS estimates of 4.96. For the next quarter, that number is 1.70. This implies an EPS growth rate of 7.02% for this year and 8.05% for next year. EPS is expected to grow by 8.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.60%.

Float and Shares Shorts:

At present, 233.04 million TPR shares are outstanding with a float of 232.23 million shares on hand for trading. On 2024-10-31, short shares totaled 5.07 million, which was 218.00000000000003 higher than short shares on 1727654400. In addition to Ms. Joanne C. Crevoiserat as the firm’s President, CEO & Director, Mr. Todd Kahn J.D. serves as its CEO & Brand President of Coach.

Institutional Ownership:

Through their ownership of 0.92193 of TPR’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-28, TPR reported revenue of $1507500000.0 and operating income of $252000000.0. The EBITDA in the recently reported quarter was $311300000.0 and diluted EPS was $0.79.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TPR since 16 analysts follow the stock currently. There are 13 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With TPR analysts setting a high price target of 75.0 and a low target of 50.0, the average target price over the next 12 months is 62.11111. Based on these targets, TPR could surge 35.62% to reach the target high and fall by -9.58% to reach the target low. Reaching the average price target will result in a growth of 12.32% from current levels.

Analysts have provided yearly estimates in a range of $4.25959 being high and $4.21959 being low. For TPR, this leads to a yearly average estimate of $4.23959. Based on analyst estimates, the high estimate for the next quarter is $0.95 and the low estimate is $0.79. The average estimate for the next quarter is thus $0.87.