Overall Technical outlook

Business Operations:

Sector: Consumer Cyclical
Industry: 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:

Revenue projections for TPR
TPR's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.

Financial Ratios:

currentRatio 1.752000
forwardPE 13.455766
debtToEquity 571.608000
earningsGrowth 0.000000
revenueGrowth 0.089000
grossMargins 0.765950
operatingMargins 0.198230
trailingEps 7.560000
forwardEps 8.899530

TPR's current ratio of 1.752 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as TPR can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
TPR's Forward PE ratio suggests that the stock is priced appropriately in relation to its earnings. Not being overpriced, it offers room for growth, signaling potential upside for investors looking for a stock with reasonable valuation and growth potential.
TPR's high debt-to-equity ratio indicates the company is using significant leverage, relying more on debt to finance its operations. This can lead to higher risk, especially if profitability falters or economic conditions worsen.
TPR's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that TPR is projected to improve its financial performance compared to the previous year.

Price projections:

Price projections for TPR
The price of Tapestry, Inc. has repeatedly been close to the lower limit of price projections. This trend suggests that the stock may be underperforming, raising concerns among investors about future performance.

Insider Transactions:

Insider Transactions for TPR

There were 17 TPR sales transactions, at market price of 128.7892406688017.No sell transactions occurred in the period under review.More buys than sells have been occurring around the current price levels of Tapestry, Inc., potentially signaling investor optimism. This buying trend might be interpreted as a sign of a favorable outlook for the stock's future performance.

Recommendation changes over time:

Recommendations trend for TPR

Tapestry, Inc. has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see Tapestry, Inc. as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.