Tapestry Inc (TPR) Stock AnalysisTPRTapestry Inc

Tapestry, Inc. is a house of accessories and lifestyle brands. The Company's global house of brands include Coach and kate spade new york. Coach brand is a global fashion house of accessories and lifestyle collections. Kate Spade New York is a global lifestyle brand that designs things for the everyday, delivering seasonal collections of handbags, ready-to-wear, jewelry, footwear, gifts, home decor and more. Its products include women's handbags, women's accessories, men's and other products. Women's accessories include small leather goods which include mini and micro handbags, money pieces, wristlets, pouches and cosmetic cases. Men's includes bag collections, small leather goods, footwear, watches, sunglasses, and ready-to-wear items. Its products are sold to customers through its direct-to-consumer (DTC), wholesale and licensing businesses. Its DTC business includes retail and outlet stores, branded e-commerce sites as well as concession shop-in-shops. It operates in the Consumer Cyclicals sector (LEATHER & LEATHER PRODUCTS industry).

Tapestry Inc is currently priced at $116.24, with a forward P/E ratio of 14.18, indicating potential value. However, the recent insider selling activity, which increased by 2326%, raises concerns about confidence in the stock. The RSI is at 52.78, suggesting the stock is neither overbought nor oversold, indicating a neutral sentiment. Given these factors, it may be prudent to hold rather than buy at this time, as the stock has seen a year-to-date decline of 9.94% and the market context remains uncertain.

35 analysts cover TPR: 21 rate it Buy, 13 Hold and 1 Sell. The average price target is 136.57.