Tapestry Inc.

TPR-N

NYSE:TPR

27.99
0.82 (2.85%)
Tapestry, Inc. is an American multinational luxury fashion company based in New York City. The company is known for accessories and gifts for women and men, including handbags, men's bags, women's and ...
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Analysis and Opinions about TPR-N

Signal
Opinion
Expert
TOP PICK
TOP PICK
September 16, 2019
from $100 to They're buying back stock and maintaining the 5.29% yield. Once Kate Spade line-up, this will return to $45-50/share. (Analysts’ price target is $27.86)
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Tapestry Inc. (TPR-N)
September 16, 2019
from $100 to They're buying back stock and maintaining the 5.29% yield. Once Kate Spade line-up, this will return to $45-50/share. (Analysts’ price target is $27.86)
SPECULATIVE BUY
SPECULATIVE BUY
May 23, 2019
They are now the american designer company. They over expanded and denigrated the name. Having said that he bought the stock 2-3 months ago at $35 and he still has a $52 target on a turnaround. One of the aggressive picks in his fund. Doesn't have a lot of debt. Good high risk play.
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They are now the american designer company. They over expanded and denigrated the name. Having said that he bought the stock 2-3 months ago at $35 and he still has a $52 target on a turnaround. One of the aggressive picks in his fund. Doesn't have a lot of debt. Good high risk play.
TOP PICK
TOP PICK
February 11, 2019
Coach expanded very rapidly a decade ago, over expanded and then got caught up in discount channels. Kate Spade needs some work and they need to refresh the product line. They did such a good job with coach he thinks they will do the same for Kate Spade. (Analysts’ price target is $44.24)
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Tapestry Inc. (TPR-N)
February 11, 2019
Coach expanded very rapidly a decade ago, over expanded and then got caught up in discount channels. Kate Spade needs some work and they need to refresh the product line. They did such a good job with coach he thinks they will do the same for Kate Spade. (Analysts’ price target is $44.24)
DON'T BUY
DON'T BUY
March 14, 2017

This is gone through a respectable 1st round of recovery. They’ve renovated about 500 stores and are planning to renovate a couple of more. They’ve removed their products from about a quarter of the Department stores, and have reduced the number of promotions/sales which has helped their profit margins. These are entry-level luxury items, and people only buy 1 or 2 of them, unless they expand their offerings. They are not buying 4 or 5. Not sure where the growth is going to come from. Feels the easy money has already been made.

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Tapestry Inc. (TPR-N)
March 14, 2017

This is gone through a respectable 1st round of recovery. They’ve renovated about 500 stores and are planning to renovate a couple of more. They’ve removed their products from about a quarter of the Department stores, and have reduced the number of promotions/sales which has helped their profit margins. These are entry-level luxury items, and people only buy 1 or 2 of them, unless they expand their offerings. They are not buying 4 or 5. Not sure where the growth is going to come from. Feels the easy money has already been made.

WAIT
WAIT
August 25, 2016

They recovered by renovation of stores to freshen things up. Removed product from about a quarter of their retailers. They reduced the number of discounts they have had. Their focus is to get back on track of being a premium brand. Don’t be in a rush to buy it.

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Tapestry Inc. (TPR-N)
August 25, 2016

They recovered by renovation of stores to freshen things up. Removed product from about a quarter of their retailers. They reduced the number of discounts they have had. Their focus is to get back on track of being a premium brand. Don’t be in a rush to buy it.

DON'T BUY
DON'T BUY
July 28, 2016

He would be reluctant to put it in his portfolio given the competition and the decline in foot traffic in the US. The valuation and long term growth potential keeps him out of it. Prefers TJX-N.

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Tapestry Inc. (TPR-N)
July 28, 2016

He would be reluctant to put it in his portfolio given the competition and the decline in foot traffic in the US. The valuation and long term growth potential keeps him out of it. Prefers TJX-N.

DON'T BUY
DON'T BUY
October 29, 2015

He does not think it is coming back. It does not have the same depth as a Chanel, for example. After the consumer buys the first one, they are less interested to buy the second one. KOR-N is similar.

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Tapestry Inc. (TPR-N)
October 29, 2015

He does not think it is coming back. It does not have the same depth as a Chanel, for example. After the consumer buys the first one, they are less interested to buy the second one. KOR-N is similar.

COMMENT
COMMENT
January 16, 2015

This is having a real hard time. They have fallen out of the consumer’s eye of being the luxury brand that they once were. Once you lose that momentum, it is very difficult to regain it. Sales are down 21% year-over-year in North America. Recently did an acquisition of Stuart Weitzman, a luxury shoemaker, and spent $550 million. Not quite sure how this acquisition is going to help them sell more Coach purses. The good news is that sales in China have been picking up, but not nearly enough to offset what they’ve lost in the US. Given the slowdown in sales in the US, they have had to cut prices to move inventory, and by cutting prices, margins have also shrunk.

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Tapestry Inc. (TPR-N)
January 16, 2015

This is having a real hard time. They have fallen out of the consumer’s eye of being the luxury brand that they once were. Once you lose that momentum, it is very difficult to regain it. Sales are down 21% year-over-year in North America. Recently did an acquisition of Stuart Weitzman, a luxury shoemaker, and spent $550 million. Not quite sure how this acquisition is going to help them sell more Coach purses. The good news is that sales in China have been picking up, but not nearly enough to offset what they’ve lost in the US. Given the slowdown in sales in the US, they have had to cut prices to move inventory, and by cutting prices, margins have also shrunk.

COMMENT
COMMENT
July 4, 2014

J C Penney (JPC-N) or Coach (COH-N)? This is the one that he would buy. It is a really well run company with a great yield of 3.8%, and trading at 19X earnings. Had some real problems on the North American side on same-store sale numbers that they are trying to improve. Very good management and no debt. Have a really good opportunity to grow their brand internationally, especially in emerging markets.

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J C Penney (JPC-N) or Coach (COH-N)? This is the one that he would buy. It is a really well run company with a great yield of 3.8%, and trading at 19X earnings. Had some real problems on the North American side on same-store sale numbers that they are trying to improve. Very good management and no debt. Have a really good opportunity to grow their brand internationally, especially in emerging markets.

COMMENT
COMMENT
July 3, 2014

He would never buy a fashion company. Things change so fast. The metrics on this company are quite attractive, but earnings are going bust.

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He would never buy a fashion company. Things change so fast. The metrics on this company are quite attractive, but earnings are going bust.

DON'T BUY
DON'T BUY
June 18, 2014

J. C. Penny (JCP-N) or Coach (COH-N)? Recently sold his holdings.

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Tapestry Inc. (TPR-N)
June 18, 2014

J. C. Penny (JCP-N) or Coach (COH-N)? Recently sold his holdings.

DON'T BUY
DON'T BUY
June 6, 2014

The whole fashion industry is a tough one. This was everybody’s darling for many, many years, but he thinks a little bit of the lustre has come off. He would be very hesitant to step in right now. Huge competition. They started to expand their market beyond bags, and have competition in that area. Valuation is still fairly rich even though the stock has come down.

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The whole fashion industry is a tough one. This was everybody’s darling for many, many years, but he thinks a little bit of the lustre has come off. He would be very hesitant to step in right now. Huge competition. They started to expand their market beyond bags, and have competition in that area. Valuation is still fairly rich even though the stock has come down.

HOLD
HOLD
June 5, 2014

Everyone knows the brand. He owned the stock in the past. Where is the demand going to come from: as you start to see some improvement in the labour market you will see the high end come back again. A year to a year and a half from now it should do well again. Nice yield. KORs has also done very well here. Both stores are quite busy. CCH has the dividend.

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Everyone knows the brand. He owned the stock in the past. Where is the demand going to come from: as you start to see some improvement in the labour market you will see the high end come back again. A year to a year and a half from now it should do well again. Nice yield. KORs has also done very well here. Both stores are quite busy. CCH has the dividend.

PAST TOP PICK
PAST TOP PICK
April 8, 2014

(A Top Pick March 20/13. Up 2.42%.) Sold his holdings in October 2013 when he noticed they were getting their lunch eaten by Michael Kors in the US. Doesn’t feel this is a bad company. Has a very, very solid balance sheet.

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Tapestry Inc. (TPR-N)
April 8, 2014

(A Top Pick March 20/13. Up 2.42%.) Sold his holdings in October 2013 when he noticed they were getting their lunch eaten by Michael Kors in the US. Doesn’t feel this is a bad company. Has a very, very solid balance sheet.

HOLD
HOLD
February 6, 2014

Still a great company. This was such a great story for the longest time. From what he understands, their issue is that to some degree they have diluted their brand. Counterfeiting of Coach is rampant in Asia. They have also been known to do very large sales on their goods, which has cheapened their cachet. You have to be very careful on this name.

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Tapestry Inc. (TPR-N)
February 6, 2014

Still a great company. This was such a great story for the longest time. From what he understands, their issue is that to some degree they have diluted their brand. Counterfeiting of Coach is rampant in Asia. They have also been known to do very large sales on their goods, which has cheapened their cachet. You have to be very careful on this name.

Showing 1 to 15 of 45 entries

Tapestry Inc.(TPR-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Tapestry Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Tapestry Inc.(TPR-N) Frequently Asked Questions

What is Tapestry Inc. stock symbol?

Tapestry Inc. is a American stock, trading under the symbol TPR-N on the New York Stock Exchange (TPR). It is usually referred to as NYSE:TPR or TPR-N

Is Tapestry Inc. a buy or a sell?

In the last year, 1 stock analyst published opinions about TPR-N. 1 analyst recommended to BUY the stock. 0 analyst recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Tapestry Inc..

Is Tapestry Inc. a good investment or a top pick?

Tapestry Inc. was recommended as a Top Pick by Bruce Murray on 2019-09-16. Read the latest stock experts ratings for Tapestry Inc..

Why is Tapestry Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Tapestry Inc. worth watching?

1 stock analyst on Stockchase covered Tapestry Inc. In the last year. It is a trending stock that is worth watching.

What is Tapestry Inc. stock price?

On 2020-02-21, Tapestry Inc. (TPR-N) stock closed at a price of $27.99.