Tapestry (TPR) stock forecast for 2024
Last update: 06-24-2022, 9:46
Sector: Consumer cyclicalThe share price of Tapestry, Inc. (TPR) now
What analysts predict:: $46.43
52-week high/low: $46.12 / $26.2
50/200 Day Moving Average: $32.65 / $37.84
This figure corresponds to the average price over the previous 50/200 days. For Tapestry stocks, the 50-day moving average is the support level today.
For Tapestry stocks, the 200-day moving average is the resistance level today.
Are you interested in Tapestry stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Tapestry stock price in 2024. How much will one Tapestry share be worth in 2024?
Is it worth taking profit / loss on Tapestry stock now or waiting? What are analysts' forecasts for Tapestry stock?
We forecast Tapestry stock performance using neural networks based on historical data on Tapestry stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
The Tapestry stock prediction results are shown below and presented as a graph, table and text information.
Tapestry stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Tapestry analysts is $46.43.
Today 200 Day Moving Average is the resistance level (37.84 $).
50 Day Moving Average is the support level (32.65 $).
Historical and forecast chart of Tapestry stock
The chart below shows the historical price of Tapestry stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Tapestry stock price can be found in the table below.
Tapestry (TPR) Forecast for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 27.56 | 26.70 | 28.88 | 7.54 % |
| Feb | 25.60 | 24.76 | 26.11 | 5.20 % |
| Mar | 25.17 | 24.49 | 26.95 | 9.15 % |
| Apr | 24.96 | 23.04 | 25.51 | 9.69 % |
| May | 26.04 | 24.53 | 27.31 | 10.20 % |
| Jun | 28.35 | 26.26 | 29.63 | 11.39 % |
| Jul | 28.01 | 27.03 | 28.63 | 5.58 % |
| Aug | 26.61 | 25.26 | 27.15 | 6.96 % |
| Sep | 26.16 | 24.38 | 26.79 | 8.98 % |
| Oct | 26.68 | 25.54 | 27.86 | 8.33 % |
| Nov | 25.11 | 23.13 | 26.06 | 11.27 % |
| Dec | 24.73 | 23.62 | 25.33 | 6.74 % |
Tapestry information and performance
Tapestry is an American multinational fashion holding company based in New York. Tapestry is the parent company of three major brands: Coach New York, Kate Spade New York, and Stuart Weitzman. The company was originally called Coach, but changed its name to Tapestry in 2017.
Tapestry Address
516 WEST 34TH ST, NEW YORK, NY, US
Market Capitalization: 7 833 561 000 $
Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
EBITDA: 1 431 100 000 $
EBITDA is earnings before interest, income tax and depreciation of assets.
PE Ratio: 9.98
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
PEG Ratio: 0.747
Price/earnings to growth
DPS: 0.75
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
DY: 0.0311
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS: 3.117
EPS shows how much of the net profit is accounted for by the common share.
Quarterly Earnings Growth YOY: 0.438
Quarterly Revenue Growth YOY: 0.129
Trailing PE: 9.98
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward PE: 7.84
Forward P/E uses projections of future earnings instead of final numbers.
EV To Revenue: 1.539
Enterprise Value (EV) /Revenue
EV To EBITDA: 7.76
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Shares Outstanding: 251802000
Number of issued ordinary shares
Shares Float: N/A
Number of freely tradable shares
Shares Short Prior Month: N/A
Shares Short Prior Month - the number of shares in short positions in the last month.
Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A
Tapestry price target for 2021 by month
Target values for the price of one Tapestry share for Jan 2024.
Pessimistic target level: 26.70
Optimistic target level: 28.88
Target values for the price of one Tapestry share for Feb 2024.
Pessimistic target level: 24.76
Optimistic target level: 26.11
Target values for the price of one Tapestry share for Mar 2024.
Pessimistic target level: 24.49
Optimistic target level: 26.95
Target values for the price of one Tapestry share for Apr 2024.
Pessimistic target level: 23.04
Optimistic target level: 25.51
Target values for the price of one Tapestry share for May 2024.
Pessimistic target level: 24.53
Optimistic target level: 27.31
Target values for the price of one Tapestry share for Jun 2024.
Pessimistic target level: 26.26
Optimistic target level: 29.63
Target values for the price of one Tapestry share for Jul 2024.
Pessimistic target level: 27.03
Optimistic target level: 28.63
Target values for the price of one Tapestry share for Aug 2024.
Pessimistic target level: 25.26
Optimistic target level: 27.15
Target values for the price of one Tapestry share for Sep 2024.
Pessimistic target level: 24.38
Optimistic target level: 26.79
Target values for the price of one Tapestry share for Oct 2024.
Pessimistic target level: 25.54
Optimistic target level: 27.86
Target values for the price of one Tapestry share for Nov 2024.
Pessimistic target level: 23.13
Optimistic target level: 26.06
Target values for the price of one Tapestry share for Dec 2024.
Pessimistic target level: 23.62
Optimistic target level: 25.33
Tapestry (TPR) stock dividend
Tapestry last paid dividends on 06/02/2022. The next scheduled payment will be on 06/27/2022. The amount of dividends is $0.75 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.
Last Split Date: 01/01/1970
Last Split Factor:
Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.
For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.