Tapestry's Trading Volume Surges 111.37% to $382 Million, Ranked 219th in Market

Generado por agente de IAAinvest Market Brief
viernes, 28 de marzo de 2025, 7:51 pm ET1 min de lectura
TPR--

On March 28, 2025, Tapestry's trading volume reached $382 million, marking an 111.37% increase from the previous day. This surge placed TapestryTPR-- at the 219th position in the day's stock market rankings. However, Tapestry's stock price has been on a downward trend, falling 3.44% and marking its fourth consecutive day of decline, with a total decrease of 7.22% over the past four days.

Tapestry has been recognized for its strong earnings outlook, making it a compelling value stock. The company is expected to generate revenues of $6.85 billion in fiscal 2025, indicating a 3% year-over-year growth on a reported basis. This projection surpasses the previous guidance of $6.75 billion, reflecting positive market sentiment and strong financial performance.

Analysts have given Tapestry a consensus rating of "Moderate Buy" with an average price target of $78.53. This rating is based on the assessments of nineteen analysts covering the firm, highlighting the company's potential for growth and investment appeal. The consensus target price suggests that Tapestry's stock has room for appreciation, making it an attractive option for investors seeking value in the market.

Tapestry's fiscal 2025 earnings and revenues are projected to grow by 14.5% and 3%, respectively. These estimates, provided by Zacks, underscore the company's robust financial health and its ability to deliver consistent growth. The positive outlook on Tapestry's earnings and revenues further supports the "Moderate Buy" rating, indicating that the company is well-positioned to capitalize on market opportunities and drive shareholder value.

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