Tapestry Inc (NYSE: TPR) is 28.62% higher on its value in year-to-date trading and has touched a low of $35.23 and a high of $90.85 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TPR stock was last observed hovering at around $84.39 in the last trading session, with the day’s loss setting it -0.36%.
Currently trading at $84.03, the stock is 3.93% and 15.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.84 million and changing -0.43% at the moment leaves the stock 61.86% off its SMA200. TPR registered 75.79% gain for a year compared to 6-month gain of 109.19%.
The stock witnessed a 12.57% loss in the last 1 month and extending the period to 3 months gives it a 51.95%, and is -5.58% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.61% over the week and 3.59% over the month.
Tapestry Inc (TPR) has around 18600 employees, a market worth around $17.40B and $6.78B in sales. Current P/E ratio is 24.39 and Fwd P/E is 15.55. Profit margin for the company is 11.74%. Distance from 52-week low is 138.52% and -7.51% from its 52-week high. The company has generated returns on investments over the last 12 months (16.39%).
with sales reaching $1.53B over the same period.The EPS is expected to grow by 14.43% this year, but quarterly earnings will post 3.11% year-over-year. Quarterly sales are estimated to grow 3.09% in year-over-year returns.
Tapestry Inc (TPR) Top Institutional Holders
The shares outstanding are 206.90M, and float is at 206.23M with Short Float at 9.12%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 30.67 million shares valued at $1.31 billion. The investor’s holdings represent 13.3647% of the TPR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.59 million shares valued at $838.42 million to account for 8.5376 of the shares outstanding. The other top investors are FMR LLC which holds 18.32 million shares representing 7.9833% and valued at over $783.98 million, while STATE STREET CORP holds 3.6614 of the shares totaling 8.4 million with a market value of $359.56 million.
Tapestry Inc (TPR) Insider Activity
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Tapestry Inc disclosed in a document filed with the SEC on Feb 20 ’25 that Roe Scott A. (CFO and COO) sold a total of 25,727 shares of the company’s common stock. The trade occurred on Feb 20 ’25 and was made at $86.56 per share for $2.23 million. Following the transaction, the insider now directly holds 0.15 million shares of the TPR stock.
Still, SEC filings show that on Feb 21 ’25, Kahn Todd (CEO and Brand President, Coach) disposed off 7,786 shares at an average price of $87.59 for $0.68 million. The insider now directly holds 201,531 shares of Tapestry Inc (TPR).
