On Friday, Tapestry Inc (NYSE: TPR) opened higher 2.38% from the last session, before settling in for the closing price of $62.66. Price fluctuations for TPR have ranged from $35.23 to $65.30 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 2.85% over the past five years. Company’s average yearly earnings per share was noted 8.24% at the time writing. With a float of $232.15 million, this company’s outstanding shares have now reached $233.00 million.
Let’s look at the performance matrix of the company that is accounted for 18600 employees. 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 Updates
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 91.19%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.88 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.24% 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 2.30. Likewise, its price to free cash flow for the trailing twelve months is 12.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.46, a number that is poised to hit 1.73 in the next quarter and is forecasted to reach 5.11 in one year’s time.
Technical Analysis of Tapestry Inc (TPR)
Tapestry Inc (NYSE: TPR) saw its 5-day average volume 6.75 million, a positive change from its year-to-date volume of 3.57 million. As of the previous 9 days, the stock’s Stochastic %D was 44.82%. Additionally, its Average True Range was 1.85.
During the past 100 days, Tapestry Inc’s (TPR) raw stochastic average was set at 96.18%, which indicates a significant increase from 72.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.27% in the past 14 days, which was lower than the 39.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $54.71, while its 200-day Moving Average is $45.38. Nevertheless, the first resistance level for the watch stands at $65.14 in the near term. At $66.12, the stock is likely to face the second major resistance level. The third major resistance level sits at $67.63. If the price goes on to break the first support level at $62.65, it is likely to go to the next support level at $61.14. Assuming the price breaks the second support level, the third support level stands at $60.16.
Tapestry Inc (NYSE: TPR) Key Stats
There are currently 233,036K shares outstanding in the company with a market cap of 15.30 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.
