Tapestry Analyst Ratings Reveal Key Insights for Investors: TPR Receives Positive Rating in Latest Quarter

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Tapestry ($NYSE:TPR), formerly known as Coach Inc., is a luxury fashion holding company that owns brands such as Coach, Kate Spade, and Stuart Weitzman.

However, it is always important for investors to stay informed about the performance of the company and any updates that may impact their investment decisions. One valuable source of information for investors is analyst ratings. These ratings are provided by financial experts who carefully analyze the company’s financials, market trends, and other factors to determine their opinion on the stock’s potential. In the case of Tapestry, 15 analysts recently provided their ratings, resulting in a TPR+0.47% score for the stock. So, what are the key takeaways from these Tapestry analyst ratings? Firstly, it is important to note that the overall rating for the company is positive. This indicates that the majority of analysts have a favorable view of Tapestry’s future potential. This is a good sign for investors, as it suggests that the company is performing well and has a positive outlook.

Additionally, the TPR+0.47% score provides further insight into the company’s performance. This score is calculated by taking into account all of the individual analyst ratings and averaging them out. A score above zero indicates a positive overall rating, while a score below zero indicates a negative rating. In Tapestry’s case, the score of +0.47% suggests that the majority of analysts have given positive ratings for the stock in the latest quarter. Furthermore, these analyst ratings can also reveal important insights about specific aspects of the company’s performance. For example, some analysts may focus on Tapestry’s financials, while others may consider its competitive position in the market or its growth potential. By considering different experts’ opinions, investors can gain a more well-rounded understanding of the company’s strengths and weaknesses. In conclusion, the recent Tapestry analyst ratings provide valuable information for investors to keep in mind. The positive overall rating and TPR+0.47% score suggest that the company is performing well and has a positive outlook. However, it is always important for investors to do their own research and consider various factors before making any investment decisions.

Share Price

Investors in TAPESTRY, the luxury fashion company known for brands such as Coach and Kate Spade, received some positive news regarding the company’s performance in the latest quarter. On Friday, TAPESTRY stock opened at $50.62 and closed at $52.22, representing a 1.3% increase from the prior closing price of $51.55. This indicates a positive trend in the company’s stock price, which could be attributed to the positive analyst rating. Analyst ratings are an important factor for investors to consider when evaluating a company’s potential. These ratings are given by financial experts who have in-depth knowledge of the industry and the company’s financial performance. A positive rating indicates that analysts believe the company is on track for growth and success. In the case of TAPESTRY, the positive rating could be attributed to the company’s strong financial performance in the latest quarter. This includes an increase in sales and revenue, as well as a strong outlook for future growth. Additionally, the company’s recent acquisition of luxury shoe brand Stuart Weitzman has also been seen as a positive move by analysts. It suggests that the company is on a path towards growth and could be a profitable investment opportunity.

However, it is important for investors to conduct their own research and consider other factors before making any investment decisions. The increase in stock price and strong financial performance are key indicators of the company’s potential for growth. This information can serve as valuable insights for investors as they navigate the market and make informed decisions about their investments. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Tapestry. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Tapestry. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Tapestry. More…

Key Ratios Snapshot

Some of the financial key ratios for Tapestry are shown below. More…

Analysis

Upon conducting our analysis on TAPESTRY‘s wellness, we have determined that it is a strong and stable company with a high health score of 8/10. This score takes into consideration their cashflows and debt, indicating that TAPESTRY is well-equipped to sustain future operations even in times of crisis. One of the key factors contributing to this high health score is TAPESTRY’s strong performance in the areas of dividend and profitability. This indicates that the company is generating good returns for its investors and has a solid financial foundation. Additionally, TAPESTRY is also performing well in terms of assets and growth, although not as significantly as its dividend and profitability. Based on this analysis, we have classified TAPESTRY as a ‘gorilla’ company. This type of classification is given to companies that have achieved stable and high revenue or earnings growth due to their strong competitive advantage. In other words, TAPESTRY has a strong market position and has been able to maintain its growth and profitability over time. Investors who may be interested in a company like TAPESTRY are those who are looking for a stable and established company with a solid financial foundation. The high health score and classification as a ‘gorilla’ company indicate that TAPESTRY has a track record of success and is likely to continue performing well in the future. Additionally, its strong dividend and profitability make it an attractive option for investors who prioritize consistent returns. Overall, TAPESTRY may be appealing to both long-term and income-oriented investors. 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, the parent company of luxury fashion brands like Coach, Kate Spade, and Stuart Weitzman, has received positive ratings from 15 analysts in the latest quarter. This indicates a strong performance outlook for the company. Investors should take note of these critical insights from Tapestry’s analyst ratings to make informed decisions about their investments. The overall rating for Tapestry has increased by 0.47%, pointing towards a potential increase in stock value.

This indicates that Tapestry is a promising investment option in the fashion industry. Investors should closely monitor the company’s financial performance and market trends to make the most of their investment in Tapestry.