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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NYSE:TPR

Tapestry (TPR) Stock Price, News & Analysis

$40.50
+0.01 (+0.02%)
(As of 04/18/2024 ET)
Today's Range
$40.09
$41.07
50-Day Range
$40.49
$48.55
52-Week Range
$25.99
$48.80
Volume
3.81 million shs
Average Volume
3.76 million shs
Market Capitalization
$9.29 billion
P/E Ratio
10.23
Dividend Yield
3.46%
Price Target
$47.81

Tapestry MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.65 Rating Score
Upside/​Downside
18.1% Upside
$47.81 Price Target
Short Interest
Healthy
2.89% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.32
Upright™ Environmental Score
News Sentiment
0.58mentions of Tapestry in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.53%
From $4.25 to $4.57 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.62 out of 5 stars

Retail/Wholesale Sector

26th out of 198 stocks

Leather & Leather Products Industry

2nd out of 3 stocks

TPR stock logo

About Tapestry Stock (NYSE:TPR)

Tapestry, Inc. provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, and internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman. It offers women's handbags; and women's accessories, such as small leather goods which includes mini and micro handbags, money pieces, wristlets, pouches, and cosmetic cases, as well as novelty accessories including address books, time management and travel accessories, sketchbooks, and portfolios; and belts, key rings, and charms. The company also provides men products, which includes bag collections, such as business cases, computer bags, messenger-style bags, backpacks, and totes; small leather goods including wallets, card cases, travel organizers, and belts; and footwear, watches, fragrances, sunglasses, novelty accessories, and ready-to-wear items. In addition, it offers other products including women's footwear and fragrances; eyewear and sunglasses; and jewelry, such as bracelets, necklaces, rings, and earrings, watches, and other women's seasonal lifestyle apparel collections, including outerwear, ready-to-wear and cold weather accessories, such as gloves, scarves, and hats. Further, the company provides kids items, housewares, and home accessories, such as fashion bedding and tableware, stationery, and gifts. It offers its products through e-commerce sites and concession shop-in-shops, wholesale, and third-party distributors under the Coach, Kate Spade, and Stuart Weitzman brand names. 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.

TPR Stock Price History

TPR Stock News Headlines

Tapestry (NYSE:TPR) Upgraded at StockNews.com
The Next Nvidia?
The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.
Tapestry (NYSE:TPR) Downgraded by StockNews.com to Hold
The Next Nvidia?
The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.
Analyst Expectations For Tapestry's Future
TPR Mar 2024 43.000 put
TPR Mar 2024 53.000 call
Tapestry: Navigating Brand Integration
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 3/25 Dividend
3/07/2024
Dividend Payable
3/25/2024
Today
4/18/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Leather & leather products
Sub-Industry
Apparel Accessories & Luxury Goods
CUSIP
18975410
Employees
18,500
Year Founded
1941

Price Target and Rating

Average Stock Price Target
$47.81
High Stock Price Target
$60.00
Low Stock Price Target
$33.00
Potential Upside/Downside
+18.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.65
Research Coverage
17 Analysts

Profitability

Net Income
$936 million
Pretax Margin
16.82%

Debt

Sales & Book Value

Annual Sales
$6.66 billion
Cash Flow
$4.77 per share
Book Value
$9.83 per share

Miscellaneous

Free Float
227,233,000
Market Cap
$9.26 billion
Optionable
Optionable
Beta
1.57

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TPR Stock Analysis - Frequently Asked Questions

Should I buy or sell Tapestry stock right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tapestry in the last twelve months. There are currently 6 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TPR shares.
View TPR analyst ratings
or view top-rated stocks.

What is Tapestry's stock price target for 2024?

17 equities research analysts have issued 12-month price objectives for Tapestry's shares. Their TPR share price targets range from $33.00 to $60.00. On average, they anticipate the company's stock price to reach $47.81 in the next twelve months. This suggests a possible upside of 18.1% from the stock's current price.
View analysts price targets for TPR
or view top-rated stocks among Wall Street analysts.

How have TPR shares performed in 2024?

Tapestry's stock was trading at $36.81 at the beginning of 2024. Since then, TPR stock has increased by 10.0% and is now trading at $40.50.
View the best growth stocks for 2024 here
.

When is Tapestry's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our TPR earnings forecast
.

How were Tapestry's earnings last quarter?

Tapestry, Inc. (NYSE:TPR) released its earnings results on Thursday, February, 8th. The luxury accessories retailer reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.46 by $0.17. The luxury accessories retailer had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.05 billion. Tapestry had a net margin of 13.80% and a trailing twelve-month return on equity of 41.75%. The business's revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.36 earnings per share.
Read the conference call transcript
.

How often does Tapestry pay dividends? What is the dividend yield for Tapestry?

Tapestry declared a quarterly dividend on Thursday, February 8th. Investors of record on Friday, March 8th will be paid a dividend of $0.35 per share on Monday, March 25th. This represents a $1.40 annualized dividend and a yield of 3.46%. The ex-dividend date is Thursday, March 7th.
Read our dividend analysis for TPR
.

Is Tapestry a good dividend stock?

Tapestry (NYSE:TPR) pays an annual dividend of $1.40 per share and currently has a dividend yield of 3.43%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TPR will have a dividend payout ratio of 30.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TPR.

How will Tapestry's stock buyback program work?

Tapestry declared that its Board of Directors has authorized a share repurchase program on Thursday, May 12th 2022, which permits the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 18% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.

What guidance has Tapestry issued on next quarter's earnings?

Tapestry issued an update on its FY 2024 earnings guidance on Thursday, February, 8th. The company provided EPS guidance of 4.200-4.250 for the period, compared to the consensus EPS estimate of 4.120. The company issued revenue guidance of $6.7 billion-$6.7 billion, compared to the consensus revenue estimate of $6.7 billion.

What is Todd Kahn's approval rating as Tapestry's CEO?

34 employees have rated Tapestry Chief Executive Officer Todd Kahn on Glassdoor.com. Todd Kahn has an approval rating of 84% among the company's employees.

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), AT&T (T), Wells Fargo & Company (WFC), Ford Motor (F), Exxon Mobil (XOM), Gilead Sciences (GILD), QUALCOMM (QCOM), Pfizer (PFE), Capri (CPRI) and Cisco Systems (CSCO).

Who are Tapestry's major shareholders?

Tapestry's stock is owned by many different institutional and retail investors. Top institutional investors include Wilsey Asset Management Inc. (0.32%), Los Angeles Capital Management LLC (0.17%), IMC Chicago LLC (0.00%), Alaska Permanent Fund Corp (0.02%), FCF Advisors LLC (0.01%) and Ferguson Wellman Capital Management Inc. (0.01%). Insiders that own company stock include David E Howard, Joanne C Crevoiserat, Manesh Dadlani, Sarah Dunn, Thomas A Glaser and Todd Kahn.
View institutional ownership trends
.

How do I buy shares of Tapestry?

Shares of TPR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Tapestry have any subsidiaries?
The following companies are subsidiares of Tapestry: 17052011 Limited, 504-514 West 34th Street Corp., B.B. SAS, Coach (US) Partnership LLC, Coach Brasil Participações Ltda, Coach Consulting Dongguan Co. Ltd., Coach Holdings Partnership (UK) LP, Coach Hong Kong Limited, Coach IP Holdings LLC, Coach International Holdings Sàrl, Coach International Limited, Coach International UK Holdings Limited, Coach Italy S.r.l., Coach Japan Investments LLC, Coach Korea Limited, Coach Leatherware (Thailand) Ltd., Coach Leatherware India Private Limited, Coach Legacy Yards LLC, Coach Legacy Yards Lender LLC, Coach Luxembourg Financing S.a.r.l, Coach Malaysia SDN. BHD., Coach Management (Shanghai) Co. Ltd., Coach Manufacturing Limited, Coach Netherlands B.V., Coach New Zealand, Coach Operations Singapore Pte. Ltd., Coach Services Inc., Coach Shanghai Limited, Coach Singapore Pte. Ltd., Coach Spain S.L., Coach Stores Australia PTY LTD, Coach Stores Austria GmbH, Coach Stores Belgium, Coach Stores Canada Corporation, Coach Stores France SARL, Coach Stores Germany GmbH, Coach Stores Ireland Limited, Coach Stores Limited, Coach Stores Puerto Rico Inc., Coach Stores Switzerland GmbH, Coach Stores Unipessoal LDA, Coach Thailand Holdings LLC, Coach Vietnam Company Limited, Creaciones S.W. S.A., FNP Holdings LLC, Fifth & Pacific Companies Canada Inc, Fifth & Pacific Companies Cosmetics Inc., Fifth & Pacific Companies Foreign Holdings LLC, Hope Diamon S.L., IP Holdings 2017 LLC, Juicy Couture Inc., KS China Co. Ltd., KS HMT Co. Limited, Karucci LLC, Kate Spade & Company, Kate Spade & Company International Limited, Kate Spade Holdings LLC, Kate Spade LLC, Kate Spade Macau Limited, Kate Spade Puerto Rico LLC, Kate Spade Retail Hong Kong Limited, Kate Spade UK Ltd., Liz Foreign B.V., Lizzy Mae LLC, MFE Limited, Mocaroni S.L., Preparaciones y Moldeados SL, SW Luxembourg Holdings, SW-Italy LLC, Shanghai Kate Spade Trading Co. Ltd., Shoe Heaven S.L., Shoes By Stuart S.L.U., Stuart Weitzman Holdings LLC, Stuart Weitzman IP LLC, Stuart Weitzman International UK Holdings Limited, Stuart Weitzman Monaco S.A.R.L., Stuart Weitzman UK Holdings Limited, Sunburst S.L., Tapestry (Cambodia) Company Limited, Tapestry International US Holdings LLC, Tapestry Japan LLC, Tapestry Myanmar Limited, Tapestry Ventures International LLC, WCFL Holdings LLC, and Westcoast Contempo Fashions Limited.
Read More
This page (NYSE:TPR) was last updated on 4/18/2024 by MarketBeat.com Staff

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