Tapestry, Inc. to Post Q1 2025 Earnings of $0.95 Per Share, Telsey Advisory Group Forecasts (NYSE:TPR)

Tapestry, Inc. (NYSE:TPR) – Stock analysts at Telsey Advisory Group lowered their Q1 2025 earnings per share estimates for shares of Tapestry in a research note issued to investors on Friday, August 16th. Telsey Advisory Group analyst D. Telsey now forecasts that the luxury accessories retailer will post earnings per share of $0.95 for the quarter, down from their prior forecast of $0.99. Telsey Advisory Group has a “Outperform” rating and a $54.00 price objective on the stock. The consensus estimate for Tapestry’s current full-year earnings is $4.24 per share. Telsey Advisory Group also issued estimates for Tapestry’s Q2 2025 earnings at $1.70 EPS, Q3 2025 earnings at $0.86 EPS, Q4 2025 earnings at $0.98 EPS and FY2025 earnings at $4.50 EPS.

A number of other equities research analysts also recently issued reports on the company. Robert W. Baird lowered their price objective on Tapestry from $52.00 to $50.00 and set an “outperform” rating on the stock in a research report on Friday, May 10th. JPMorgan Chase & Co. dropped their price target on Tapestry from $54.00 to $51.00 and set an “overweight” rating for the company in a research note on Friday. Evercore ISI decreased their price target on shares of Tapestry from $53.00 to $47.00 and set an “outperform” rating on the stock in a research note on Friday, August 9th. Wells Fargo & Company lowered their price target on shares of Tapestry from $52.00 to $50.00 and set an “overweight” rating for the company in a research note on Friday. Finally, Citigroup lowered their target price on Tapestry from $50.00 to $49.00 and set a “buy” rating for the company in a research note on Tuesday, August 6th. Five equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, Tapestry has a consensus rating of “Moderate Buy” and an average price target of $47.00.

Tapestry Trading Up 3.1 %

Shares of Tapestry stock opened at $40.40 on Monday. The company has a current ratio of 6.59, a quick ratio of 5.98 and a debt-to-equity ratio of 2.77. The company has a market capitalization of $9.28 billion, a P/E ratio of 10.69, a price-to-earnings-growth ratio of 0.79 and a beta of 1.59. The stock has a fifty day simple moving average of $40.79 and a 200 day simple moving average of $42.58. Tapestry has a 12-month low of $25.99 and a 12-month high of $48.80.

Tapestry (NYSE:TPR) last announced its quarterly earnings results on Thursday, August 15th. The luxury accessories retailer reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.04. The firm had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Tapestry had a net margin of 13.15% and a return on equity of 39.78%. The company’s revenue was down 1.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.95 EPS.

Institutional Trading of Tapestry

Several institutional investors and hedge funds have recently made changes to their positions in the business. Fidelis Capital Partners LLC purchased a new position in Tapestry in the 1st quarter worth about $35,000. BNP Paribas bought a new position in Tapestry in the first quarter worth approximately $38,000. Massmutual Trust Co. FSB ADV raised its position in Tapestry by 54.0% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 935 shares of the luxury accessories retailer’s stock valued at $40,000 after purchasing an additional 328 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Tapestry by 3,778.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,241 shares of the luxury accessories retailer’s stock worth $46,000 after buying an additional 1,209 shares during the period. Finally, Blue Trust Inc. increased its stake in shares of Tapestry by 111.9% during the second quarter. Blue Trust Inc. now owns 1,053 shares of the luxury accessories retailer’s stock valued at $50,000 after buying an additional 556 shares during the period. 90.77% of the stock is currently owned by institutional investors.

Insider Activity

In related news, VP Manesh Dadlani sold 2,500 shares of the stock in a transaction on Friday, May 24th. The stock was sold at an average price of $42.23, for a total transaction of $105,575.00. Following the sale, the vice president now owns 37,173 shares in the company, valued at approximately $1,569,815.79. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.93% of the company’s stock.

Tapestry Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 23rd. Stockholders of record on Friday, September 6th will be issued a $0.35 dividend. The ex-dividend date is Friday, September 6th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.47%. Tapestry’s dividend payout ratio (DPR) is presently 37.04%.

Tapestry Company Profile

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.