Telsey Advisory Group Raises Earnings Estimates for Tapestry

Tapestry, Inc. (NYSE:TPR) – Investment analysts at Telsey Advisory Group boosted their FY2025 earnings per share estimates for shares of Tapestry in a note issued to investors on Monday, August 11th. Telsey Advisory Group analyst D. Telsey now forecasts that the luxury accessories retailer will earn $5.09 per share for the year, up from their previous forecast of $5.03. Telsey Advisory Group has a “Outperform” rating and a $125.00 price objective on the stock. The consensus estimate for Tapestry’s current full-year earnings is $4.91 per share. Telsey Advisory Group also issued estimates for Tapestry’s Q3 2026 earnings at $1.08 EPS.

Several other equities analysts also recently commented on the company. Argus upped their price objective on Tapestry from $78.00 to $92.00 and gave the company a “buy” rating in a research report on Tuesday, June 17th. Cowen reissued a “buy” rating on shares of Tapestry in a research report on Thursday, August 7th. Barclays reissued an “overweight” rating and set a $105.00 price target (up previously from $98.00) on shares of Tapestry in a research report on Friday, July 11th. Bank of America downgraded Tapestry from a “buy” rating to a “neutral” rating and increased their price target for the stock from $95.00 to $115.00 in a research report on Tuesday, July 29th. Finally, Wall Street Zen downgraded Tapestry from a “strong-buy” rating to a “buy” rating in a research report on Friday, July 18th. Four equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. According to data from MarketBeat, Tapestry currently has a consensus rating of “Moderate Buy” and an average price target of $101.56.

Tapestry Stock Performance

Shares of Tapestry stock opened at $113.65 on Tuesday. The stock’s fifty day moving average is $96.10 and its two-hundred day moving average is $82.33. The company has a market capitalization of $23.60 billion, a PE ratio of 29.91, a price-to-earnings-growth ratio of 2.23 and a beta of 1.51. The company has a quick ratio of 1.22, a current ratio of 1.76 and a debt-to-equity ratio of 1.59. Tapestry has a 52 week low of $37.79 and a 52 week high of $114.05.

Institutional Investors Weigh In On Tapestry

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TPR. Harbour Investments Inc. raised its stake in Tapestry by 120.1% in the first quarter. Harbour Investments Inc. now owns 361 shares of the luxury accessories retailer’s stock valued at $25,000 after buying an additional 197 shares during the last quarter. Flaharty Asset Management LLC purchased a new stake in Tapestry in the first quarter valued at about $25,000. First PREMIER Bank purchased a new stake in Tapestry in the second quarter valued at about $25,000. Vestor Capital LLC purchased a new stake in Tapestry in the second quarter valued at about $27,000. Finally, Greenline Partners LLC purchased a new stake in Tapestry in the fourth quarter valued at about $29,000. 90.77% of the stock is currently owned by hedge funds and other institutional investors.

About Tapestry

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.