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Fundamentals for Tapestry, Inc.
Business Operations:
Sector: Consumer CyclicalIndustry: Luxury Goods
Tapestry, Inc. provides accessories and lifestyle brand products in North America, Greater China, rest of Asia, and internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman. It offers women's handbags, fashion designs, business cases, computer bags, messenger style bags, backpacks, travel bags, and totes; and 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, technology accessories, gifting, straps, and charms. The company also provides women's and men's footwear, which casual and dress shoes, boots, sneakers, and sandals; and other products which includes outerwear, ready-to-wear, jewelry, watches, eyewear, fragrance, scarves, hats, gloves, and other products. It offers its products through retail and outlet stores, brand e-commerce sites, and concession shop-in-shops 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.
Revenue projections:
With TPR's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.
Financial Ratios:
| currentRatio | 1.62600 |
|---|---|
| forwardPE | 19.75252 |
| debtToEquity | 715.47500 |
| earningsGrowth | 0.94200 |
| revenueGrowth | 0.14000 |
| grossMargins | 0.75981 |
| operatingMargins | 0.28764 |
| trailingEps | 2.58000 |
| forwardEps | 7.22642 |
A current ratio of 1.626 for Tapestry, Inc. implies that the company has ample liquidity to meet its short-term debts. Tapestry, Inc.'s cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities.
TPR's Forward PE is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside.
TPR's elevated debt-to-equity ratio suggests that the company is using significant debt to finance its operations. This level of leverage can amplify financial risk, particularly if profitability decreases or external conditions become unfavorable.
Positive earnings and revenue growth for TPR point to expected business expansion. The company is projected to continue growing its operations, as increasing profits and sales highlight a strong trajectory for further growth in the future.
TPR's positive gross and operating margins reflect strong profitability and operational efficiency. These metrics indicate the company's ability to control costs while maintaining healthy revenue, contributing to its solid financial performance.
TPR's forward EPS is higher than its trailing EPS, which signals that the company is expected to achieve greater profitability this financial year. This suggests improved earnings performance, indicating a positive outlook for TPR's financial growth.
Price projections:
TPR's price projections have been revised higher over time, reflecting increased confidence in the company's future potential. This steady upward trend suggests analysts expect TPR to continue its positive trajectory.
Insider Transactions:
TPR experienced 17 sell transactions with market price of 118.12218206069049 per share.There were no sell transactions during the given period.The trend of more buys than sells at TPR's current price levels suggests a possible bullish sentiment. This could indicate that investors are expecting a favorable outlook for the stock, prompting more buying activity.
Recommendation changes over time:
Analysts' recent buy bias toward TPR suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see TPR as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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