(TPR) Tapestry - Ratings and Ratios

Tapestry Inc. is a luxury conglomerate with a diverse portfolio of brands, including Coach, Kate Spade, and Stuart Weitzman, catering to the high-end accessories and lifestyle products market across various regions, including North America, Greater China, and internationally. The companys product offerings span a wide range of categories, including womens and mens handbags, accessories, footwear, watches, fragrances, and jewelry, as well as kids items, housewares, and home accessories.

The companys business model is built around a multi-channel distribution strategy, with products available through retail and outlet stores, e-commerce sites, concession shop-in-shops, wholesale, and third-party distributors. This diversified approach enables Tapestry to maintain a strong presence across different markets and customer segments. With a rich history dating back to 1941, the company has evolved over the years through strategic acquisitions and brand repositioning, ultimately rebranding as Tapestry Inc. in 2017.

From a technical analysis perspective, Tapestrys stock has shown a positive trend, with its 50-day and 200-day simple moving averages (SMA) indicating a potential bullish crossover. The stocks current price is around $79.22, slightly below its 20-day SMA of $80.24. The average true range (ATR) of 2.33 suggests moderate volatility, while the 52-week high and low of $88.83 and $35.63, respectively, indicate a significant price range. Considering the fundamental data, Tapestrys market capitalization stands at approximately $16.27 billion, with a price-to-earnings (P/E) ratio of 20.61 and a forward P/E of 14.53, suggesting a relatively stable valuation. The return on equity (RoE) of 39.48% indicates strong profitability.

Based on the technical and fundamental data, a potential forecast for Tapestry Inc. could be as follows: With the stock price currently below its 20-day SMA and the 50-day SMA above the 200-day SMA, a bullish trend may be emerging. If the stock price breaks above the 20-day SMA and continues to rise, it could potentially target the 52-week high of $88.83. Conversely, if the stock price falls below the 50-day SMA, it may indicate a bearish trend, potentially targeting the 200-day SMA at $63.04. Considering the fundamental data, Tapestrys strong RoE and relatively stable valuation multiples suggest a stable outlook, potentially supporting the stock price in the long term.