Financial Metrics Check: Tapestry Inc (TPR)’s Ratios for Trailing Twelve Months

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As of close of business last night, Tapestry Inc’s stock clocked out at $40.07, down -0.74% from its previous closing price of $40.37. In other words, the price has decreased by -$0.74 from its previous closing price. On the day, 3.6 million shares were traded. TPR stock price reached its highest trading level at $40.6 during the session, while it also had its lowest trading level at $38.99.

Ratios:

To gain a deeper understanding of TPR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.06. For the most recent quarter (mrq), Quick Ratio is recorded 5.98 and its Current Ratio is at 6.59. In the meantime, Its Debt-to-Equity ratio is 3.34 whereas as Long-Term Debt/Eq ratio is at 3.22.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on March 06, 2024, Reiterated its Outperform rating but revised its target price to $54 from $49 previously.

On February 29, 2024, Jefferies Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $50.

Evercore ISI Upgraded its In-line to Outperform on February 05, 2024, whereas the target price for the stock was revised from $30 to $50.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TPR now has a Market Capitalization of 9207004160 and an Enterprise Value of 11058813952. As of this moment, Tapestry’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.61, and their Forward P/E ratio for the next fiscal year is 8.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.37 while its Price-to-Book (P/B) ratio in mrq is 3.32. Its current Enterprise Value per Revenue stands at 1.651 whereas that against EBITDA is 7.685.

Stock Price History:

Over the past 52 weeks, TPR has reached a high of $48.80, while it has fallen to a 52-week low of $25.99. The 50-Day Moving Average of the stock is -8.17%, while the 200-Day Moving Average is calculated to be 8.73%.

Shares Statistics:

It appears that TPR traded 3.91M shares on average per day over the past three months and 4187860 shares per day over the past ten days. A total of 229.37M shares are outstanding, with a floating share count of 228.57M. Insiders hold about 0.35% of the company’s shares, while institutions hold 94.55% stake in the company. Shares short for TPR as of 1714435200 were 7922805 with a Short Ratio of 2.02, compared to 1711584000 on 6604551. Therefore, it implies a Short% of Shares Outstanding of 7922805 and a Short% of Float of 3.9899999999999998.

Dividends & Splits

With its trailing 12-month dividend rate of 1.35, TPR has a forward annual dividend rate of 1.35. Against a Trailing Annual Dividend Yield of 0.033440676The stock’s 5-year Average Dividend Yield is 4.06.

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