Tapestry Inc. (NYSE:TPR) went up by 3.78% from its latest closing price compared to the recent 1-year high of $40.18. The company’s stock price has collected 6.89% of gains in the last five trading sessions. MarketWatch.com reported 6 hours ago that Tapestry Inc. stock rises Monday, outperforms market
Is It Worth Investing in Tapestry Inc. (NYSE :TPR) Right Now?
Plus, the 36-month beta value for TPR is at 1.52. Opinions of the stock are interesting as 14 analysts out of 28 who provided ratings for Tapestry Inc. declared the stock was a “buy,” while 3 rated the stock as “overweight,” 11 rated it as “hold,” and 0 as “sell.”
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The average price from analysts is $43.25, which is $1.8 above the current price. TPR currently public float of 277.14M and currently shorts hold a 2.51% ratio of that float. Today, the average trading volume of TPR was 4.58M shares.
TPR’s Market Performance
TPR stocks went up by 6.89% for the week, with a monthly jump of 21.33% and a quarterly performance of 46.35%, while its annual performance rate touched 46.30%. The volatility ratio for the week stands at 3.10% while the volatility levels for the past 30 days are set at 3.75% for Tapestry Inc.. The simple moving average for the period of the last 20 days is 14.14% for TPR stocks with a simple moving average of 91.64% for the last 200 days.
Analysts’ Opinion of TPR
Many brokerage firms have already submitted their reports for TPR stocks, with Credit Suisse repeating the rating for TPR by listing it as a “Outperform.” The predicted price for TPR in the upcoming period, according to Credit Suisse is $50 based on the research report published on February 22nd of the current year 2021.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see TPR reach a price target of $46, previously predicting the price at $38. The rating they have provided for TPR stocks is “Outperform” according to the report published on February 09th, 2021.
Needham gave a rating of “Buy” to TPR, setting the target price at $37 in the report published on February 01st of the current year.
TPR Trading at 22.74% from the 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, the company was able to rebound, for now settling with 1.92% of gains for the given period.
Volatility was left at 3.75%, however, over the last 30 days, the volatility rate increased by 3.10%, as shares surge +19.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.81% upper at present.
During the last 5 trading sessions, TPR rose by +6.89%, which changed the moving average for the period of 200-days by +191.04% in comparison to the 20-day moving average, which settled at $36.21. In addition, Tapestry Inc. saw 31.76% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at TPR starting from Kahn Todd, who sale 20,000 shares at the price of $40.06 back on Feb 11. After this action, Kahn Todd now owns 206,460 shares of Tapestry Inc., valued at $801,200 using the latest closing price.
BILBREY JOHN P, the Director of Tapestry Inc., purchase 12,980 shares at $15.27 during a trade that took place back on Aug 19, which means that BILBREY JOHN P is holding 33,756 shares at $198,205 based on the most recent closing price.
Stock Fundamentals for TPR
Current profitability levels for the company are sitting at:
- +5.94 for the present operating margin
- +65.57 for the gross margin
The net margin for Tapestry Inc. stands at -13.14. The total capital return value is set at 4.96, while invested capital returns managed to touch -12.09. Equity return is now at value -16.70, with -5.40 for asset returns.
Based on Tapestry Inc. (TPR), the company’s capital structure generated 197.39 points at debt to equity in total, while total debt to capital is 66.37. Total debt to assets is 56.70, with long-term debt to equity ratio resting at 149.01. Finally, the long-term debt to capital ratio is 50.11.
When we switch over and look at the enterprise to sales, we see a ratio of 1.32, with the company’s debt to enterprise value settled at 0.69. The receivables turnover for the company is 16.73 and the total asset turnover is 0.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.47.