Tapestry Stock Intrinsic Value – JPMorgan Boosts Tapestry’s Stock with Addition to Analyst Focus List
January 3, 2024
☀️Trending News
JPMorgan has recently added Tapestry ($NYSE:TPR), Inc. to its Analyst Focus List, and the news has caused a surge in the company’s stock prices. Tapestry, Inc. is a leading New York-based fashion house that owns a portfolio of luxury lifestyle brands including Coach, Kate Spade, and Stuart Weitzman. The addition of Tapestry, Inc. to JPMorgan’s Analyst Focus List has been a major boon for the company’s stock prices.
Analysts have stated that the addition to the list is an indication of JPMorgan’s confidence in the company’s potential for growth in the future. The addition to the Analyst Focus List has analysts optimistic that Tapestry will continue to grow and take advantage of its prime position in the luxury fashion industry.
Price History
Tapestry‘s stock opened at $36.8 on Tuesday and closed at $38.2, representing a 3.7% increase from the previous closing price of $36.8. The addition to JPMorgan’s analyst focus list was a major driving force behind the stock’s performance on Tuesday, and investors were quick to take notice. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Tapestry. More…
| Total Revenues | Net Income | Net Margin |
| 6.67k | 935.7 | 14.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Tapestry. More…
| Operations | Investing | Financing |
| 1.22k | -163.9 | -959.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Tapestry. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.14k | 4.73k | 10.54 |
Key Ratios Snapshot
Some of the financial key ratios for Tapestry are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.8% | 147.2% | 17.7% |
| FCF Margin | ROE | ROA |
| 15.6% | 31.4% | 10.3% |
Analysis – Tapestry Stock Intrinsic Value
GoodWhale conducted an in-depth analysis of TAPESTRY‘s wellbeing in order to assess their fair price. Through our proprietary Valuation Line, we determined that the fair value of TAPESTRY share is around $44.9. Despite this, the current price of TAPESTRY stock is being traded at $38.2, which is a fair price that is significantly undervalued by 14.8%. This presents an excellent opportunity for investors to purchase TAPESTRY stock at a price below its true fair value. More…
Peers
In the luxury goods industry, Tapestry Inc. competes against companies like CCC SA, Prada SpA, and Nordstrom Inc. While each company has its own unique strengths, Tapestry Inc. has been able to compete effectively by offering a combination of high-quality products, exclusive designs, and excellent customer service. As a result, Tapestry Inc. has been able to maintain a loyal customer base and grow its business.
– CCC SA ($LTS:0LS5)
CCA SA is a Chile-based holding company engaged in the telecommunications sector. The Company’s main shareholder is América Móvil, S.A.B. de C.V. (AMX), through its subsidiary Telmex Internacional, S.A.B. de C.V. (Telmex). CCA SA’s subsidiaries include VTR Chile S.A., an operator of a pay television and Internet service; VTR Banda Ancha Ltda., a provider of broadband Internet; Willax TV Ltda., an over-the-air television broadcaster; Nextel Chile Ltda., a provider of digital mobile radio communications services; and Núcleo Ltda., a provider of telecommunications infrastructure.
– Prada SpA ($SEHK:01913)
Prada SpA is an Italian luxury fashion house that designs, manufactures, and markets men’s and women’s clothing, footwear, handbags, and other accessories. The company has a market cap of 96.72B as of 2022 and a Return on Equity of 11.91%. Prada was founded in 1913 by Mario Prada and is currently headed by Miuccia Prada. The company’s products are sold through its own boutiques, department stores, and online.
– Nordstrom Inc ($NYSE:JWN)
Nordstrom, Inc. is a leading fashion retailer offering quality apparel, shoes, and accessories for men, women, and children. Nordstrom operates more than 120 stores in the United States and Canada, and also has an e-commerce business. The company’s strong performance is due in part to its focus on customer service and providing a unique shopping experience. Nordstrom’s market cap is 3.15B as of 2022, and its ROE is 70.09%. Nordstrom is a publicly traded company on the Nasdaq stock exchange.
Summary
Tapestry Inc, the parent company of fashion brands Coach, Kate Spade and Stuart Weitzman, has seen a recent surge in its stock price after JPMorgan added the stock to its Analyst Focus List. The investment bank cited Tapestry’s solid growth during the pandemic and accelerated digital transformation efforts as reasons for its strong outlook. Analysts also note that Tapestry’s portfolio of luxury and affordable brands stands to benefit from the increasing trend of consumers buying online and spending on “self-care” items. Investors should look for positive news from Tapestry in the coming weeks as the company focuses on expanding its digital presence and driving growth.
