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Tapestry Inc. (TPR-N)
NYSE:TPR
30.92
0.34
(1.11%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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$27.580
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The deal doesn't make sense, because TPR lost a lot of money. Better is Ralph Lauren in luxury goods.
Stockchase Research Editor: Michael O'Reilly TPR is an international manufacturer of luxury items that include the Coach and Kate Spade brands. They have built cash reserves back above $2 billion during the pandemic, while paying down debt. They trade at 16x earnings, compared to peers like RL at 49x. They have re-instated the dividend at a good yield, while keeping the payout ratio under 50% of cash flow. We would buy this with a stop loss at $30, looking to achieve $53.50 -- upside potential over 29%. Yield 2.45%. (Analysts’ price target is $53.13)
Got an analyst upgrade today and the stock surged and lifted the entire retail clothing sector. He prefers tried-and-true Lululemon though.
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.
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.
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.
Tapestry Inc.(TPR-N) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 2
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, 2 stock analysts published opinions about TPR-N. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?
2 stock analysts 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 2023-11-27, Tapestry Inc. (TPR-N) stock closed at a price of $30.92.
It's cheap, but there isn't a catalyst to take this higher.