Tapestry, Inc. (NYSE:TPR) went up by 1.34% from its latest closing price when compared to the 1-year high value of $31.05 and move down -127.47%, while TPR stocks collected 4.04% of gains with the last five trading sessions. The Wall Street Journal reported on 07/21/20 that Tapestry Board Had Opened Probe Into CEO Zeitlin Before He Resigned
Tapestry, Inc. (NYSE:TPR) Worth an Investment?
Tapestry, Inc. (NYSE: TPR) The 36 Months beta value for TPR stocks is at 1.37, while 8 of the analysts out of 29 who provided ratings for Tapestry, Inc. stocks as a “buy” while 3 as overweight, 18 rated it as hold and 0 as sell. The average price we get from analysts is $18.68 which is $5.1 above current price. TPR currently has a short float of 5.14% and public float of 275.25M with average trading volume of 6.16M shares.
TPR Market Performance
TPR stocks went up by 4.04% for the week, with the monthly jump of 8.33% and a quarterly performance of -9.30%, while its annual performance rate touched -55.42%. The simple moving average for the period of the last 20 days is 3.27% for TPR stocks with the simple moving average of -33.23% for the last 200 days.
Analysts’ Opinion on Tapestry, Inc. (NYSE:TPR)
Many brokerage firms have already submitted their reports for TPR stocks, with Goldman repeating the rating for TPR shares by setting it to “Buy”. The predicted price for TPR socks in the upcoming period according to Goldman is $18 based on the research report published on July 27, 2020.
HSBC Securities, on the other hand, stated in their research note that they expect to see TPR stock at the price of $20. The rating they have provided for TPR stocks is “Buy” according to the report published on May 7, 2020.
BTIG Research gave “Neutral” rating to TPR stocks, setting the target price at $20 in the report published on April 29, 2020.
TPR Stocks -1.79% Far from 50 Day Moving Average
After a stumble in the market that brought TPR to its low price for the period of the last 52 weeks, Tapestry, Inc. was unable to take a rebound, for now settling with -56.03% of loss for the given period.
The stock volatility was left at 5.10%, however, within the period of a single month, the volatility rate increased by 5.11%, while the shares surge at the distance of +8.76% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +9.99% upper at the present time.
In the course of the last 5 trading sessions, TPR went up by +4.04%, which changed the moving average for the period of 200 days to the total of -44.92% of losses for the stock in comparison to the 20-day moving average settled at $13.27. In addition, Tapestry, Inc. saw -49.39% in overturn over the period of a single year with a tendency to cut further losses.
TPR Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Tapestry, Inc. (TPR), starting from BILBREY JOHN P, who bought 7,100 shares at the price of $14.12 back on Jun 11. After this action, Rushing now owns 20,776 shares of Tapestry, Inc., valued at $100,252 with the latest closing price.
BILBREY JOHN P, the Director of Tapestry, Inc., bought 8,800 shares at the value of $17.02 during a trade that took place back on Jun 09, which means that BILBREY JOHN P is holding 13,676 shares at the value of $149,776 based on the most recent closing price.
TPR Stock Fundamentals
The current profitability levels are settled at +15.07 for the present operating margin and +67.72 for gross margin. The net margin for Tapestry, Inc. stands at +10.68. Total capital return value is set at 18.24, while invested capital returns managed to touch 12.92. Equity return holds the value -6.70%, with -2.60% for asset returns.
Based on Tapestry, Inc. (TPR), the company’s capital structure generated 45.62 points for debt to equity in total, while total debt to capital is set at the value of 31.33. Total debt to assets is settled at the value of 23.30 with long-term debt to equity ratio rests at 18.97 and long-term debt to capital is 45.59.
The value for Enterprise to Sales is 0.79 with debt to enterprise value settled at 0.17. The receivables turnover for Tapestry, Inc. is 17.37 with the total asset turnover at the value of 0.89. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.79.