Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Tapestry Inc    TPR

TAPESTRY INC (TPR)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Tapestry : Sumitomo Life Insurance Co. Takes $1.46 Million Position in Tapestry Inc (TPR)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/06/2018 | 09:19am CEST

Sumitomo Life Insurance Co. bought a new position in shares of Tapestry Inc (NYSE:TPR) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 32,964 shares of the luxury accessories retailers stock, valued at approximately $1,458,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Jennison Associates LLC acquired a new stake in shares of Tapestry during the 4th quarter worth about $181,887,000. Miller Howard Investments Inc. NY acquired a new position in Tapestry during the fourth quarter worth approximately $78,023,000. ANTIPODES PARTNERS Ltd acquired a new position in Tapestry during the fourth quarter worth approximately $77,642,000. Schwab Charles Investment Management Inc. acquired a new position in Tapestry during the fourth quarter worth approximately $49,821,000. Finally, Bank of Montreal Can acquired a new position in Tapestry during the fourth quarter worth approximately $41,672,000. 88.75% of the stock is currently owned by institutional investors and hedge funds.

Tapestry Inc (TPR) opened at $45.96 on Friday. Tapestry Inc has a 12 month low of $36.51 and a 12 month high of $48.85. The firm has a market capitalization of $13,069.88, a P/E ratio of 21.58, a price-to-earnings-growth ratio of 1.71 and a beta of 0.59. The company has a quick ratio of 1.25, a current ratio of 1.74 and a debt-to-equity ratio of 0.64.

Tapestry (NYSE:TPR) last posted its quarterly earnings results on Tuesday, November 7th. The luxury accessories retailer reported $0.42 earnings per share for the quarter, beating the Zacks consensus estimate of $0.36 by $0.06. Tapestry had a return on equity of 20.71% and a net margin of 9.62%. The firm had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the previous year, the business earned $0.45 earnings per share. The companys revenue for the quarter was up 24.2% compared to the same quarter last year. equities research analysts predict that Tapestry Inc will post 2.39 earnings per share for the current fiscal year.

Several research analysts have commented on TPR shares. Zacks Investment Research lowered Tapestry from a buy rating to a hold rating in a research report on Thursday, January 11th. Susquehanna Bancshares started coverage on Tapestry in a research report on Thursday, November 2nd. They set a positive rating and a $50.00 price target on the stock. Citigroup started coverage on Tapestry in a research report on Thursday, November 2nd. They set a positive rating and a $50.00 price target on the stock. William Blair reaffirmed a buy rating on shares of Tapestry in a research report on Saturday, October 21st. Finally, Robert W. Baird set a $50.00 price target on Tapestry and gave the stock a buy rating in a research report on Friday, December 22nd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, twenty-two have given a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of Buy and a consensus target price of $48.63.

(c) 2018 ITP Business Publishing Ltd. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TAPESTRY INC
05:55pWalmart Rides Strong Consumer Spending to Fastest Sales Growth in Over a Deca..
DJ
08/15TODAY'S RESEARCH REPORTS ON STOCKS T : Truett-Hurst and Tapestry
AC
08/14Tapestry Closes up 12.01%, Largest Percent Increase Since April 2009 -- Data ..
DJ
08/14Tapestry, Advance Auto Parts and Wolverine rise
AQ
08/14TAPESTRY : Kate Spade Carries Tapestry, Inc. in Its Fourth Quarter
AQ
08/14TAPESTRY : Kate Spade sales drive strong Tapestry forecast, shares jump
RE
08/14Tapestry Up Nearly 10% After 4Q Earnings Report -- Data Talk
DJ
08/14TAPESTRY : Reports Sales Increase Aided by Kate Spade, Provides Fiscal Year 2019..
DJ
08/14TAPESTRY : Fiscal 4Q Earnings Snapshot
AQ
08/14TAPESTRY, INC. : Results of Operations and Financial Condition, Financial Statem..
AQ
More news
News from SeekingAlpha
06:49aPraxair Is A Buy - Cramer's Lightning Round (8/15/18) 
08/15Tapestry, Inc. 2018 Q4 - Results - Earnings Call Slides 
08/15What Are Millennials Spending Money On? - Cramer's Mad Money (8/14/18) 
08/14Tapestry, Inc. (TPR) CEO Victor Luis on Q4 2018 Results - Earnings Call Trans.. 
08/14Apparel stocks rally most since June on Tapestry's Q2, Redbook sales data 
Financials ($)
Sales 2019 6 137 M
EBIT 2019 1 096 M
Net income 2019 812 M
Finance 2019 12,7 M
Yield 2019 2,60%
P/E ratio 2019 18,79
P/E ratio 2020 16,66
EV / Sales 2019 2,49x
EV / Sales 2020 2,29x
Capitalization 15 300 M
Chart TAPESTRY INC
Duration : Period :
Tapestry Inc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TAPESTRY INC
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 35
Average target price 56,9 $
Spread / Average Target 9,2%
EPS Revisions
Managers
NameTitle
Victor Luís Chief Executive Officer & Director
Todd Kahn President, Secretary, CAO & General Counsel
Olajide James Zeitlin Chairman
Kevin G. Wills Chief Financial Officer
Michael Braine Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
TAPESTRY INC17.73%15 300
INDITEX - INDUSTRIA DE DISEÑO TEXTIL-5.35%97 635
KERING14.89%64 973
FAST RETAILING CO LTD8.10%46 145
ROSS STORES15.70%34 962
TIFFANY & CO.26.83%16 380