Tapestry Stock Shares Outstanding
TPR Stock | USD 58.92 2.51 4.45% |
Tapestry fundamentals help investors to digest information that contributes to Tapestry's financial success or failures. It also enables traders to predict the movement of Tapestry Stock. The fundamental analysis module provides a way to measure Tapestry's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tapestry stock.
As of 11/25/2024, Common Stock Shares Outstanding is likely to grow to about 247.2 M. Tapestry | Shares Outstanding |
Tapestry Company Shares Outstanding Analysis
Tapestry's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Tapestry Shares Outstanding | 233.04 M |
Most of Tapestry's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tapestry is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tapestry Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Tapestry is extremely important. It helps to project a fair market value of Tapestry Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Tapestry's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tapestry's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tapestry's interrelated accounts and indicators.
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Tapestry Shares Outstanding Historical Pattern
Today, most investors in Tapestry Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tapestry's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Tapestry shares outstanding as a starting point in their analysis.
Tapestry Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Tapestry Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Tapestry has 233.04 M of shares currently outstending. This is 27.27% higher than that of the Textiles, Apparel & Luxury Goods sector and 251.72% higher than that of the Consumer Discretionary industry. The shares outstanding for all United States stocks is 59.25% higher than that of the company.
Tapestry Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tapestry's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tapestry could also be used in its relative valuation, which is a method of valuing Tapestry by comparing valuation metrics of similar companies.Tapestry is currently under evaluation in shares outstanding category among its peers.
Tapestry ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tapestry's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tapestry's managers, analysts, and investors.Environmental | Governance | Social |
Tapestry Fundamentals
Return On Equity | 0.3 | ||||
Return On Asset | 0.076 | ||||
Profit Margin | 0.12 % | ||||
Operating Margin | 0.19 % | ||||
Current Valuation | 15.23 B | ||||
Shares Outstanding | 233.04 M | ||||
Shares Owned By Insiders | 0.34 % | ||||
Shares Owned By Institutions | 92.26 % | ||||
Number Of Shares Shorted | 5.07 M | ||||
Price To Earning | 11.52 X | ||||
Price To Book | 4.60 X | ||||
Price To Sales | 2.06 X | ||||
Revenue | 6.67 B | ||||
Gross Profit | 4.65 B | ||||
EBITDA | 1.37 B | ||||
Net Income | 816 M | ||||
Cash And Equivalents | 726.1 M | ||||
Cash Per Share | 3.95 X | ||||
Total Debt | 8.77 B | ||||
Debt To Equity | 1.43 % | ||||
Current Ratio | 1.75 X | ||||
Book Value Per Share | 12.80 X | ||||
Cash Flow From Operations | 1.26 B | ||||
Short Ratio | 1.55 X | ||||
Earnings Per Share | 3.45 X | ||||
Price To Earnings To Growth | 1.85 X | ||||
Target Price | 62.11 | ||||
Number Of Employees | 12.5 K | ||||
Beta | 1.56 | ||||
Market Capitalization | 13.73 B | ||||
Total Asset | 13.4 B | ||||
Retained Earnings | (722.2 M) | ||||
Working Capital | 7.09 B | ||||
Current Asset | 3.22 B | ||||
Current Liabilities | 831.84 M | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 4.06 % | ||||
Net Asset | 13.4 B | ||||
Last Dividend Paid | 1.4 |
About Tapestry Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tapestry's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tapestry using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tapestry based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Tapestry
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tapestry position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tapestry will appreciate offsetting losses from the drop in the long position's value.Moving together with Tapestry Stock
0.84 | AS | Amer Sports, | PairCorr |
0.82 | RL | Ralph Lauren Corp | PairCorr |
0.66 | UA | Under Armour C | PairCorr |
0.67 | DOGZ | Dogness International | PairCorr |
Moving against Tapestry Stock
0.9 | WLDS | Wearable Devices Buyout Trend | PairCorr |
0.85 | CRI | Carters | PairCorr |
0.83 | DOOO | BRP Inc Earnings Call This Week | PairCorr |
0.81 | FEBO | Fenbo Holdings | PairCorr |
0.8 | DHI | DR Horton | PairCorr |
The ability to find closely correlated positions to Tapestry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tapestry when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tapestry - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tapestry to buy it.
The correlation of Tapestry is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tapestry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tapestry moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tapestry can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Tapestry Stock Analysis
When running Tapestry's price analysis, check to measure Tapestry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tapestry is operating at the current time. Most of Tapestry's value examination focuses on studying past and present price action to predict the probability of Tapestry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tapestry's price. Additionally, you may evaluate how the addition of Tapestry to your portfolios can decrease your overall portfolio volatility.