On Tuesday, Tapestry Inc (NYSE: TPR) opened lower -0.61% from the last session, before settling in for the closing price of $64.20. Price fluctuations for TPR have ranged from $35.23 to $65.30 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 2.85% annually for the last half of the decade. Company’s average yearly earnings per share was noted 7.86% at the time writing. With a float of $232.15 million, this company’s outstanding shares have now reached $233.00 million.
In an organization with 18600 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 71.76%, operating margin of 17.13%, and the pretax margin is 14.99%.
Tapestry Inc (TPR) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Luxury Goods industry is another important factor to consider. The insider ownership of Tapestry Inc is 0.38%, while institutional ownership is 91.18%. The most recent insider transaction that took place on Nov 22 ’24, was worth 3,064,292. In this transaction CEO and Brand President, Coach of this company sold 52,829 shares at a rate of $58.00, taking the stock ownership to the 418,379 shares. Before that another transaction happened on Nov 25 ’24, when Company’s CEO and Brand President, Coach sold 18,492 for $60.61, making the entire transaction worth $1,120,775. This insider now owns 322,457 shares in total.
Tapestry Inc (TPR) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 7.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 9.60% growth over the previous five years of trading.
Tapestry Inc (NYSE: TPR) Trading Performance Indicators
Check out the current performance indicators for Tapestry Inc (TPR). In the past quarter, the stock posted a quick ratio of 4.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.23. Likewise, its price to free cash flow for the trailing twelve months is 12.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.46, a number that is poised to hit 1.72 in the next quarter and is forecasted to reach 5.07 in one year’s time.
Technical Analysis of Tapestry Inc (TPR)
Let’s dig in a bit further. During the last 5-days, its volume was 4.51 million. That was better than the volume of 3.52 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 63.94%. Additionally, its Average True Range was 1.68.
During the past 100 days, Tapestry Inc’s (TPR) raw stochastic average was set at 95.05%, which indicates a significant increase from 69.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.17% in the past 14 days, which was lower than the 39.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $53.62, while its 200-day Moving Average is $45.15. However, in the short run, Tapestry Inc’s stock first resistance to watch stands at $64.85. Second resistance stands at $65.90. The third major resistance level sits at $66.52. If the price goes on to break the first support level at $63.18, it is likely to go to the next support level at $62.56. The third support level lies at $61.51 if the price breaches the second support level.
Tapestry Inc (NYSE: TPR) Key Stats
There are currently 233,036K shares outstanding in the company with a market cap of 14.87 billion. Presently, the company’s annual sales total 6,671 M according to its annual income of 816,000 K. Last quarter, the company’s sales amounted to 1,508 M and its income totaled 186,600 K.
