TPR’s Unexpected Surge: What’s Next?

Barclays has recently raised Tapestry Inc (TPR) stock to Overweight rating, as announced on January 8, 2025, according to Finviz. Earlier, on December 19, 2024, Jefferies had raised the stock from a Hold to Buy, setting a price target of $80 for TPR stock. Barclays also resumed Equal Weight rating with a price target of $57. Additionally, Telsey Advisory Group reiterated Outperform rating on November 15, 2024, with a target price of $67. TD Cowen analysts, in their report published on October 29, 2024, also reduced Hold rating and set a price target of $52 for Tapestry Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.

Tapestry Inc (TPR) Stock Trading Recap

On Tuesday, Tapestry Inc (TPR) stock saw a modest uptick, ending the day at $67.66 which represents a slight increase of $0.91 or 1.36% from the prior close of $66.75. The stock opened at $67.85 and touched a low of $67.38 during the day, reaching a high of $69.08. The volume of shares traded was 6.75 million exceeding the average volume of 4.66 million.


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TPR Stock Performance and Moving Averages

In recent trading, Tapestry Inc (TPR) stock price has shown some volatility, fluctuating 0.00% over the last five trades and 8.60% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 59.27%, and it has gained 49.46% in the previous three months. Currently, TPR is trading at 3.23%, 12.03%, and 44.71% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.

As of the latest trading close, TPR, a Consumer Cyclical sector stock, is trading -2.07% below its 52-week high but remains 92.05% above its 52-week low. The Average True Range (ATR) (14 days) of 1.72 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.

Tapestry Inc’s Profitability and Valuation Ratios

Tapestry Inc’s profitability metrics reveal financial health. The company currently boasts an operating margin of 20.62% and a profit margin of 12.12%, with a gross margin of 59.27%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.

In terms of valuation, Tapestry Inc’s market capitalization stands at $15.77 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 19.58, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 13.09. Additionally, the Price-to-Sales Ratio is 2.37, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 5.29, comparing the market value to the company’s book value.

Understanding Insider Trading

Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.38% of Tapestry Inc (TPR)’s shares, while financial institutions hold 91.26%.

Notable insider trades include Kahn Todd, CEO and Brand President, Coach at Tapestry Inc (TPR), who sold 52829 shares on Nov 22 ’24, at $58 each, totaling $3.06 million. On Nov 25 ’24, Kahn Todd, CEO and Brand President, Coach, sold 18492 shares for $60.61 each, amounting to $1.12 million. Additionally, on Nov 22 ’24, Howard David E sold 42125 shares at $58.95 each, generating $2.48 million.

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