NYSE:TPR - Tapestry Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $29.71 -0.52 (-1.72 %) (As of 05/24/2019 04:00 PM ET)Previous Close$29.71Today's Range$29.4350 - $30.5352-Week Range$29.82 - $54.35Volume5.98 million shsAverage Volume4.58 million shsMarket Capitalization$8.62 billionP/E Ratio11.30Dividend Yield4.37%Beta0.7 ProfileAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Tapestry, Inc. provides luxury accessories and lifestyle brands in the United States, Japan, China, Hong Kong, Macau, East Asia, Europe, Canada, Taiwan, South Korea, Malaysia, and Singapore. It operates through three segments: Coach, Kate Spade, and Stuart Weitzman. The company offers handbags, wallets, money pieces, wristlets and cosmetic cases, key rings, and charms, as well as address books, time management accessories, travel accessories, sketchbooks, and portfolios for women; and business cases, computer bags, messenger-style bags, backpacks, totes, wallets, card cases, travel organizers, belts, footwear, watches, sunglasses, novelty accessories, and ready-to-wear for men. It also provides women's footwear; eyewear, such as sunglasses; jewelry comprising bracelets, necklaces, rings, and earrings; fragrances and watches; various women's seasonal lifestyle apparel collections that include outerwear; and ready-to-wear and cold weather accessories, which comprise gloves, scarves, and hats. In addition, the company offers kids ready-to-wear items; housewares and home accessories, including fashion bedding and tableware; and stationery and gifts, as well as weekend accessories and other lifestyle products. Further, the company licenses rights to market and distribute its eyewear, watches, and fragrances under the Coach brand; and fashion bedding, eyewear, footwear, tableware, stationery and gift, tech accessories, and watches under the Kate Spade brand. It sells its products to consumers through a network of Coach, Kate Spade, and Stuart Weitzman operated stores, including the Internet and concession shop-in-shops; and wholesale customers, as well as through independent third party distributors. As of June 30, 2018, the company operated 1,432 stores. The company was formerly known as Coach, Inc. and changed its name to Tapestry, Inc. in October 2017. Tapestry, Inc. was founded in 1941 and is headquartered in New York, New York. Receive TPR News and Ratings via Email Sign-up to receive the latest news and ratings for TPR and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Leather & leather products Sub-IndustryApparel Accessories & Luxury Goods SectorRetail/Wholesale Current SymbolNYSE:TPR Previous Symbol CUSIP18975410 CIK1116132 Webhttp://www.coach.com/ Phone212-594-1850Debt Debt-to-Equity Ratio0.45 Current Ratio2.67 Quick Ratio1.86Price-To-Earnings Trailing P/E Ratio11.30 Forward P/E Ratio11.52 P/E Growth1.13 Sales & Book Value Annual Sales$5.88 billion Price / Sales1.47 Cash Flow$3.3571 per share Price / Cash Flow8.85 Book Value$12.17 per share Price / Book2.44Profitability EPS (Most Recent Fiscal Year)$2.63 Net Income$397.50 million Net Margins11.78% Return on Equity22.08% Return on Assets10.91%Miscellaneous Employees20,800 Outstanding Shares290,136,000Market Cap$8.62 billion Next Earnings Date8/13/2019 (Estimated) OptionableOptionable Tapestry (NYSE:TPR) Frequently Asked Questions What is Tapestry's stock symbol? Tapestry trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPR." How often does Tapestry pay dividends? What is the dividend yield for Tapestry? Tapestry declared a quarterly dividend on Friday, May 17th. Shareholders of record on Friday, June 7th will be paid a dividend of $0.3375 per share on Monday, July 1st. This represents a $1.35 dividend on an annualized basis and a yield of 4.54%. The ex-dividend date of this dividend is Thursday, June 6th. View Tapestry's Dividend History. How were Tapestry's earnings last quarter? Tapestry Inc (NYSE:TPR) released its quarterly earnings results on Thursday, May, 9th. The luxury accessories retailer reported $0.42 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.41 by $0.01. The luxury accessories retailer had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.34 billion. Tapestry had a net margin of 11.78% and a return on equity of 22.08%. The business's revenue was up .7% compared to the same quarter last year. During the same period last year, the firm earned $0.54 EPS. View Tapestry's Earnings History. When is Tapestry's next earnings date? Tapestry is scheduled to release their next quarterly earnings announcement on Tuesday, August 13th 2019. View Earnings Estimates for Tapestry. What guidance has Tapestry issued on next quarter's earnings? Tapestry updated its FY19 earnings guidance on Thursday, May, 9th. The company provided earnings per share guidance of $2.55-2.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.58. Tapestry also updated its FY 2019 guidance to $2.55-2.60 EPS. What price target have analysts set for TPR? 29 brokers have issued 12 month target prices for Tapestry's stock. Their predictions range from $40.00 to $61.00. On average, they anticipate Tapestry's stock price to reach $47.80 in the next year. This suggests a possible upside of 60.9% from the stock's current price. View Analyst Price Targets for Tapestry. What is the consensus analysts' recommendation for Tapestry? 29 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tapestry in the last year. There are currently 7 hold ratings and 22 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tapestry. What are Wall Street analysts saying about Tapestry stock? Here are some recent quotes from research analysts about Tapestry stock: 1. According to Zacks Investment Research, "Shares of Tapestry have slid and underperformed the industry in the past three months. The stock came under pressure following the company’s lower-than-expected second-quarter fiscal 2019 results and soft view. While overall net sales improved marginally, earnings came in line with the year-ago period. The company’s performance did not live up to its expectation on account of volatile macroeconomic environment and geopolitical issues. Moreover, fall in Kate Spade sales was also not well perceived. Although management expects comps for the segment to improve in the second half, analysts remain skeptical about the turnaround. Further, Tapestry expects operating income and earnings per share to fall in the third quarter. Significant increase in SG&A expenses may be cited as one of the reasons behind the same. Nevertheless, we cannot ignore the company’s transformation initiatives revolving around product, stores and marketing." (4/18/2019) 2. Guggenheim analysts commented, "We visited several Kate Spade store locations in NYC on Monday (1/28) to check in on new Glass’ new product line. Ms. Glass’ new product has been in store for a few days and hit online Monday. Overall, we came away encouraged by our store checks and the product. Tapestry is scheduled to report 2Q19 earnings on Feb 7, BMO. We remain comfortable with our 2QE EPS of $1.11, in-line with consensus. At 12x our FY20E EPS (~25% discount to historical averages), with trends appearing on track, we believe the risk/reward remains favorable; TPR remains our Best Idea." (1/29/2019) Has Tapestry been receiving favorable news coverage? Media coverage about TPR stock has trended somewhat positive recently, according to InfoTrie. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Tapestry earned a news sentiment score of 1.6 on InfoTrie's scale. They also assigned headlines about the luxury accessories retailer a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. Are investors shorting Tapestry? Tapestry saw a increase in short interest in April. As of April 30th, there was short interest totalling 11,395,636 shares, an increase of 38.0% from the April 15th total of 8,258,084 shares. Based on an average daily trading volume, of 5,244,401 shares, the short-interest ratio is presently 2.2 days. Approximately 3.9% of the company's shares are sold short. View Tapestry's Current Options Chain. Who are some of Tapestry's key competitors? Some companies that are related to Tapestry include JD.Com (JD), Dollar General (DG), eBay (EBAY), Yum! Brands (YUM), SEVEN & I HOLDI/ADR (SVNDY), Mercadolibre (MELI), O'Reilly Automotive (ORLY), AutoZone (AZO), HENNES & MAURIT/ADR (HNNMY), Tesco (TSCDY), Dollar Tree (DLTR), Pinduoduo (PDD), Ctrip.Com International (CTRP), Chipotle Mexican Grill (CMG) and Ulta Beauty (ULTA). What other stocks do shareholders of Tapestry own? Based on aggregate information from My MarketBeat watchlists, some companies that other Tapestry investors own include Intel (INTC), Cisco Systems (CSCO), Gilead Sciences (GILD), Ford Motor (F), JPMorgan Chase & Co. (JPM), CVS Health (CVS), QUALCOMM (QCOM), Starbucks (SBUX), Home Depot (HD) and Mcdonald's (MCD). Who are Tapestry's key executives? Tapestry's management team includes the folowing people: Mr. Victor Luis, CEO & Director (Age 53)Mr. Todd Kahn, Pres, Chief Admin. Officer, Chief Legal Officer & Sec. (Age 55)Mr. Joshua G. Schulman, CEO & Brand Pres of Coach (Age 48)Ms. Andrea Shaw Resnick, Interim CFO, Global Head of Investor Relations & Corp. Communications (Age 58)Mr. Brian Satenstein, VP, Controller & Principal Accounting Officer (Age 40) Who are Tapestry's major shareholders? Tapestry's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.42%), FMR LLC (4.81%), Wellington Management Group LLP (2.49%), American Century Companies Inc. (2.14%), Geode Capital Management LLC (1.52%) and Caisse DE Depot ET Placement DU Quebec (1.43%). Company insiders that own Tapestry stock include Brian Satenstein, Ian Bickley, Ivan Menezes, Melinda Brown, Sarah Dunn, Susan J Kropf, Todd Kahn and Victor Luis. View Institutional Ownership Trends for Tapestry. Which institutional investors are selling Tapestry stock? TPR stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Voya Investment Management LLC, Janus Henderson Group PLC, California Public Employees Retirement System, Natixis, JPMorgan Chase & Co., Morgan Stanley and Boston Partners. Company insiders that have sold Tapestry company stock in the last year include Brian Satenstein, Ian Bickley and Ivan Menezes. View Insider Buying and Selling for Tapestry. Which institutional investors are buying Tapestry stock? TPR stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Wellington Management Group LLP, Ceredex Value Advisors LLC, AQR Capital Management LLC, Global Thematic Partners LLC, Caisse DE Depot ET Placement DU Quebec, Perpetual Ltd and Scout Investments Inc.. View Insider Buying and Selling for Tapestry. How do I buy shares of Tapestry? Shares of TPR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Tapestry's stock price today? One share of TPR stock can currently be purchased for approximately $29.71. How big of a company is Tapestry? Tapestry has a market capitalization of $8.62 billion and generates $5.88 billion in revenue each year. The luxury accessories retailer earns $397.50 million in net income (profit) each year or $2.63 on an earnings per share basis. Tapestry employs 20,800 workers across the globe. What is Tapestry's official website? The official website for Tapestry is http://www.coach.com/. How can I contact Tapestry? Tapestry's mailing address is 10 HUDSON YARDS, NEW YORK NY, 10001. The luxury accessories retailer can be reached via phone at 212-594-1850. MarketBeat Community Rating for Tapestry (NYSE TPR)Community Ranking: 2.8 out of 5 ( )Outperform Votes: 1,374 (Vote Outperform)Underperform Votes: 1,063 (Vote Underperform)Total Votes: 2,437MarketBeat's community ratings are surveys of what our community members think about Tapestry and other stocks. Vote "Outperform" if you believe TPR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TPR will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 5/25/2019 by MarketBeat.com StaffFeatured Article: Understanding Specialty Certificates of Deposit Receive Analysts' Upgrades and Downgrades Daily Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.