NYSE:TPR - Tapestry Stock Price, News & Analysis

$19.96
+0.51 (+2.62 %)
(As of 08/18/2019 09:27 AM ET)
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Today's Range
$18.54
Now: $19.96▼
$22.26
50-Day Range
$19.4132
MA: $29.33▼
$31.73
52-Week Range
$18.54
Now: $19.96▼
$52.49
Volume13.89 million shs
Average Volume4.84 million shs
Market Capitalization$5.79 billion
P/E Ratio7.77
Dividend Yield6.94%
Beta0.88
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. Read More…

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/
Phone212-594-1850

Debt

Debt-to-Equity Ratio0.46
Current Ratio2.79
Quick Ratio1.86

Price-To-Earnings

Trailing P/E Ratio7.77
Forward P/E Ratio7.48
P/E Growth0.64

Sales & Book Value

Annual Sales$6.03 billion
Price / Sales0.96
Cash Flow$3.6357 per share
Price / Cash Flow5.49
Book Value$12.11 per share
Price / Book1.65

Profitability

EPS (Most Recent Fiscal Year)$2.57
Net Income$397.50 million
Net Margins10.68%
Return on Equity21.64%
Return on Assets10.82%

Miscellaneous

Employees20,800
Outstanding Shares290,140,000
Market Cap$5.79 billion
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable
TPR Rates by TradingView

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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 6.76%. 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 earnings results on Thursday, August, 15th. The luxury accessories retailer reported $0.61 EPS for the quarter, hitting the Zacks' consensus estimate of $0.61. The luxury accessories retailer had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $1.53 billion. Tapestry had a return on equity of 21.64% and a net margin of 10.68%. The company's revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.60 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, October 29th 2019. View Earnings Estimates for Tapestry.

What price target have analysts set for TPR?

29 Wall Street analysts have issued 12 month target prices for Tapestry's stock. Their forecasts range from $22.00 to $52.00. On average, they expect Tapestry's share price to reach $38.4091 in the next year. This suggests a possible upside of 92.4% 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 12 hold ratings and 17 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 outpaced the industry in the past three months. The stock got a boost following the company’s better-than-expected third-quarter fiscal 2019 bottom-line results. Also, the announcement of $1 billion share buyback program rejuvenates investors. The quarterly performance live-up to management’s expectations with both sales and gross margin improving on a constant currency basis in each of the three brands. The company also registered sequential improvement in comps at Kate Spade. Management anticipates to post positive comps at both Coach and Kate Spade and enhance profitability at Stuart Weitzman in the final quarter. It continues to envision fiscal 2019 sales growth at a low-to-mid-single-digit rate and earnings to fall year over year. Management expects SG&A deleverage in fiscal 2019 that may hurt margins." (8/6/2019)
  • 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?

Press coverage about TPR stock has been trending negative this week, according to InfoTrie. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tapestry earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned media stories about the luxury accessories retailer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Tapestry.

Are investors shorting Tapestry?

Tapestry saw a decrease in short interest in the month of July. As of July 15th, there was short interest totalling 10,019,500 shares, a decrease of 12.4% from the June 15th total of 11,433,400 shares. Based on an average daily trading volume, of 4,680,000 shares, the short-interest ratio is presently 2.1 days. Approximately 3.5% of the shares of the company are sold short. View Tapestry's Current Options Chain.

Who are some of Tapestry's key competitors?

What other stocks do shareholders of Tapestry own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tapestry investors own include Gilead Sciences (GILD), Intel (INTC), Cisco Systems (CSCO), AT&T (T), Ford Motor (F), Wells Fargo & Co (WFC), JPMorgan Chase & Co. (JPM), Starbucks (SBUX), Mcdonald's (MCD) and QUALCOMM (QCOM).

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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.16%), Price T Rowe Associates Inc. MD (7.24%), BlackRock Inc. (6.52%), Caisse DE Depot ET Placement DU Quebec (1.84%), Prudential Financial Inc. (1.70%) and Bank of New York Mellon Corp (1.53%). Company insiders that own Tapestry stock include Annabelle Yu Long, Brian Satenstein, Darrell Cavens, 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 AQR Capital Management LLC, BlackRock Inc., Bank of New York Mellon Corp, Price T Rowe Associates Inc. MD, Foresters Investment Management Company Inc., Jennison Associates LLC, Jennison Associates LLC and Scout Investments Inc.. Company insiders that have sold Tapestry company stock in the last year include Annabelle Yu Long, Brian Satenstein, Ian Bickley and Ivan Menezes. View Insider Buying and Selling for Tapestry.

Which institutional investors are buying Tapestry stock?

TPR stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Nuveen Asset Management LLC, Caisse DE Depot ET Placement DU Quebec, Holocene Advisors LP, Natixis, Zacks Investment Management, Becker Capital Management Inc. and Perpetual Ltd. 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 $19.96.

How big of a company is Tapestry?

Tapestry has a market capitalization of $5.79 billion and generates $6.03 billion in revenue each year. The luxury accessories retailer earns $397.50 million in net income (profit) each year or $2.57 on an earnings per share basis. Tapestry employs 20,800 workers across the globe.View Additional Information About Tapestry.

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 (star star)
Outperform Votes:  1,399 (Vote Outperform)
Underperform Votes:  1,093 (Vote Underperform)
Total Votes:  2,492
MarketBeat'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 8/18/2019 by MarketBeat.com Staff

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