Tapestry Inc (NYSE:TPR) shares, rose in value, with the stock price up by 0.65% to the previous day’s close as strong demand from buyers drove the stock to $63.28.
Actively observing the price movement in the recent trading, the stock is buoying the session at $62.87, falling within a range of $62.41 and $63.975. The value of beta (5-year monthly) is 1.389 whereas the PE ratio is 18.37 over 12-month period. Referring to stock’s 52-week performance, its high was $90.85, and the low was $35.23. On the whole, TPR has fluctuated by -13.90% over the past month.
With the market capitalization of Tapestry Inc currently standing at about $13.10 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-05. The company’s Forward Dividend Ratio is 1.40, with its dividend yield at 2.21%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 6.87B, with a low estimate of 1.52B and a high estimate of 1.55B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.53B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TPR’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.58, with the price of TPR currently trading nearly -6.83% and -15.79% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.97, while the 7-day volatility ratio is showing 4.28% which for the 30-day chart, stands at 5.83%. Furthermore, Tapestry Inc (TPR)’s beta value is 1.45, and its average true range (ATR) is 3.93.
A comparison of Tapestry Inc (TPR) with its peers suggests the former has fared considerably weaker in the market. TPR showed an intraday change of 0.65% in today’s session so far, and over the past year, it grew by 54.87%%.
Data on historical trading for Tapestry Inc (NYSE:TPR) indicates that the trading volumes over the past 10 days have averaged 8.57 and over the past 3 months, they’ve averaged 6.21 million. According to company’s latest data on outstanding shares, there are 206.90 million shares outstanding.
Nearly 0.42% of Tapestry Inc’s shares belong to company insiders and institutional investors own 107.60% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 16.41 million shares as on 2025-03-31, resulting in a short ratio of 2.63. According to the data, the short interest in Tapestry Inc (TPR) stood at 939.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 20.85 million. The stock has fallen by -3.14% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TPR stock heading into the next quarter.
