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- Market Cap.:
- $7.22 billion
- Book Value:
- Revenue TTM:
- $6.66 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $4.65 billion
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Tapestry Inc had its IPO on 2000-10-05 under the ticker symbol TPR.
The company operates in the Consumer Cyclical sector and Luxury Goods industry. Tapestry Inc has a staff strength of 12,600 employees.
Shares of Tapestry Inc opened at $31.55 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $31.5 - $32.08, and closed at $31.52.
This is a -0.69% slip from the previous day's closing price.
A total volume of 2,500,779 shares were traded at the close of the day’s session.
In the last one week, shares of Tapestry Inc have slipped by -5.45%.
Tapestry Inc's Key Ratios
Tapestry Inc has a market cap of $7.22 billion, indicating a price to book ratio of 3.8878 and a price to sales ratio of 1.3395.
In the last 12-months Tapestry Inc’s revenue was $6.66 billion with a gross profit of $4.65 billion and an EBITDA of $1.35 billion. The EBITDA ratio measures Tapestry Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Tapestry Inc’s operating margin was 17.6% while its return on assets stood at 10.19% with a return of equity of 41.02%.
In Q2, Tapestry Inc’s quarterly earnings growth was a positive 27.1% while revenue growth was a negative 0.3%.
Tapestry Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $3.88 per share while it has a forward price to earnings multiple of 9.6993 and a PEG multiple of 0.9897. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Tapestry Inc’s profitability.
Tapestry Inc stock is trading at a EV to sales ratio of 1.7058 and a EV to EBITDA ratio of 9.195. Its price to sales ratio in the trailing 12-months stood at 1.3395.
Tapestry Inc stock pays annual dividends of $1.2 per share, indicating a yield of 4.41% and a payout ratio of 32.22%.
Balance sheet and cash flow metrics
- Total Assets
- $7.12 billion
- Total Liabilities
- $1.29 billion
- Operating Cash Flow
- Capital Expenditure
- $34.60 million
- Dividend Payout Ratio
Tapestry Inc ended 2023 with $7.12 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $7.12 billion while shareholder equity stood at $2.28 billion.
Tapestry Inc ended 2023 with $240.00 million in deferred long-term liabilities, $1.29 billion in other current liabilities, 2300000.00 in common stock, $-1216800000.00 in retained earnings and $1.23 billion in goodwill. Its cash balance stood at $726.10 million and cash and short-term investments were $741.50 million. The company’s total short-term debt was $322,500,000 while long-term debt stood at $1.64 billion.
Tapestry Inc’s total current assets stands at $2.36 billion while long-term investments were $0 and short-term investments were $15.40 million. Its net receivables were $211.50 million compared to accounts payable of $416.90 million and inventory worth $919.50 million.
In 2023, Tapestry Inc's operating cash flow was $-34900000.00 while its capital expenditure stood at $34.60 million.
Comparatively, Tapestry Inc paid $0.32 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Tapestry Inc stock is currently trading at $31.52 per share. It touched a 52-week high of $46.3204 and a 52-week low of $46.3204. Analysts tracking the stock have a 12-month average target price of $50.07.
Its 50-day moving average was $38.09 and 200-day moving average was $39.94 The short ratio stood at 1.49 indicating a short percent outstanding of 0%.
Around 26.3% of the company’s stock are held by insiders while 9632% are held by institutions.
Frequently Asked Questions About Tapestry Inc
Similar Industry Stocks (Luxury Goods)
Tapestry, Inc. provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, and internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman. It offers women’s handbags; and women’s 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, and charms. The company also provides men products, which includes bag collections, such as business cases, computer bags, messenger-style bags, backpacks, and totes; small leather goods including wallets, card cases, travel organizers, and belts; and footwear, watches, fragrances, sunglasses, novelty accessories, and ready-to-wear items. In addition, it offers other products including women’s footwear and fragrances; eyewear and sunglasses; and jewelry, such as bracelets, necklaces, rings, and earrings, watches, and other women’s seasonal lifestyle apparel collections, including outerwear, ready-to-wear and cold weather accessories, such as gloves, scarves, and hats. Further, the company provides kids items, housewares, and home accessories, such as fashion bedding and tableware, stationery, and gifts. It offers its products through e-commerce sites and concession shop-in-shops, wholesale, and third-party distributors 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.