A new trading day began on Monday, with Tapestry Inc (NYSE: TPR) stock price down -0.08% from the previous day of trading, before settling in for the closing price of $65.87. TPR’s price has ranged from $35.23 to $66.47 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 2.85%. Meanwhile, its annual earnings per share averaged 8.24%. With a float of $232.15 million, this company’s outstanding shares have now reached $233.00 million.
Let’s determine the extent of company efficiency that accounts 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) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Luxury Goods Industry. 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) Recent Fiscal highlights
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
Here are Tapestry Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.29. Likewise, its price to free cash flow for the trailing twelve months is 12.87.
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)
Looking closely at Tapestry Inc (NYSE: TPR), its last 5-days average volume was 2.73 million, which is a drop from its year-to-date volume of 3.55 million. As of the previous 9 days, the stock’s Stochastic %D was 89.78%. Additionally, its Average True Range was 1.63.
During the past 100 days, Tapestry Inc’s (TPR) raw stochastic average was set at 97.82%, which indicates a significant increase from 87.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.73% in the past 14 days, which was lower than the 38.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $56.74, while its 200-day Moving Average is $45.84. However, in the short run, Tapestry Inc’s stock first resistance to watch stands at $66.57. Second resistance stands at $67.33. The third major resistance level sits at $68.27. If the price goes on to break the first support level at $64.87, it is likely to go to the next support level at $63.93. Now, if the price goes above the second support level, the third support stands at $63.17.
Tapestry Inc (NYSE: TPR) Key Stats
With a market capitalization of 15.27 billion, the company has a total of 233,036K Shares Outstanding. Currently, annual sales are 6,671 M while annual income is 816,000 K. The company’s previous quarter sales were 1,508 M while its latest quarter income was 186,600 K.
