Investors looking for stocks in the Retail - Apparel and Shoes sector might want to consider either Gap (GAP) or Tapestry (TPR) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate r ...

Momentum Investing Overview - Momentum investing focuses on following a stock's recent trend, aiming to buy high and sell even higher by capitalizing on established price trends [1] Tapestry (TPR) Momentum Analysis - Tapestry holds a Momentum Style Score of B, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 1 (Strong Buy), with research showing that stocks with Zacks Rank 1 or 2 and Style Scores of A or B tend to outperform the market over the following one-month period [3] Price Performance - TPR shares are up 6 31% over the past week, outperforming the Zacks Retail - Apparel and Shoes industry, which remained flat during the same period [5] - Monthly price change for TPR is 13 43%, significantly higher than the industry's 1 08% performance [5] - Over the past quarter, TPR shares have risen 51 03%, and are up 96 63% in the last year, compared to the S&P 500's gains of 3 62% and 26 55%, respectively [6] Trading Volume - TPR's average 20-day trading volume is 3,122,885 shares, with rising stock prices and above-average volume generally considered a bullish sign [7] Earnings Estimate Revisions - Over the past two months, 3 earnings estimates for TPR have moved higher for the full year, with no downward revisions, boosting the consensus estimate from $4 56 to $4 64 [9] - For the next fiscal year, 3 estimates have moved upwards with no downward revisions in the same period [9] Conclusion - TPR is a 1 (Strong Buy) stock with a Momentum Score of B, making it a strong candidate for near-term growth [11]

LAS VEGAS, Jan. 7, 2025 /PRNewswire/ -- Coach, the "Original American House of Leather," and Gen Phoenix, a global leading sustainable manufacturer of recycled leather fiber material at scale, are taking the stage together at CES 2025 to share how their transformative partnership is changing the standard for sustainability in fashion – and unveil what's next in their industry-leading journey. Coach CEO and Brand President, Todd Kahn, and Gen Phoenix CMO and General Manager of Consumer, Elyse Winer, invite C ...

Stock Performance and Technical Analysis - Tapestry Inc (TPR) has broken out above its early December high, reaching a fresh 52-week peak [2] - The stock recently broke above its top Bollinger Band, a technical indicator that has historically yielded strong returns [2] - The breakout occurred amid low implied volatility (IV), a scenario that has resulted in an average 9.4% gain one month later 80% of the time in the past three years [2] Share Buyback and Short Interest - Tapestry announced a $2 billion accelerated buyback plan following failed merger talks with Capri Holdings (CPRI) [3][4] - Short interest for TPR is 3.85% of the float, which is not extremely high but has been declining, potentially providing a tailwind for the stock [3] - Current short interest stands at 9.8% of the total available float, with 22.63 million shares sold short, moving toward multi-year highs [4] Options Trading and Leverage - The recommended call option for TPR has a leverage ratio of 6.8 and would double in value with a 14.7% rise in the underlying stock [4]

Company Overview - Tapestry (NYSE: TPR) owns Coach, which contributes almost 80% of its sales, along with two secondary brands, Kate Spade and Stuart Weitzman [1] - The company has recently rebranded Coach to align with current fashion trends [1] Analyst Perspective - The analyst has no current stock, option, or derivative positions in Tapestry but may initiate a long position in the next 72 hours [2] - The analyst is not compensated by Tapestry and has no business relationship with the company [2] Investment Philosophy - The analyst focuses on quality companies at reasonable valuations, inspired by investors like Warren Buffett, Peter Lynch, and Terry Smith [3] - The analyst believes that long-term share price performance is driven by fundamentals, particularly earnings per share [3]

Zacks Rating Upgrade for Tapestry - Tapestry (TPR) has been upgraded to a Zacks Rank 1 (Strong Buy), reflecting a positive earnings outlook [1] - The upgrade is driven by an upward trend in earnings estimates, which is a powerful factor influencing stock prices [1][4] - The Zacks rating system relies on changes in a company's earnings picture, tracking EPS estimates through the Zacks Consensus Estimate [1] Earnings Estimate Revisions and Stock Price Impact - Changes in earnings estimates are strongly correlated with near-term stock price movements, as institutional investors use these estimates to calculate fair value [4] - Rising earnings estimates for Tapestry indicate an improvement in the company's underlying business, which could push the stock higher [5] - Empirical research shows a strong correlation between earnings estimate revisions and near-term stock movements, making tracking such revisions rewarding [6] Tapestry's Earnings Outlook - For the fiscal year ending June 2025, Tapestry is expected to earn $4.58 per share, a 6.8% increase from the previous year [8] - Over the past three months, the Zacks Consensus Estimate for Tapestry has increased by 2.4% [8] Zacks Rank System Overview - The Zacks Rank system classifies stocks into five groups, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7] - Only the top 5% of Zacks-covered stocks receive a 'Strong Buy' rating, and Tapestry's upgrade places it in this elite group [9][11] - The Zacks system maintains an equal proportion of 'buy' and 'sell' ratings, ensuring a balanced approach across its universe of over 4000 stocks [9]

Industry Overview - The Retail - Apparel and Shoes industry is facing challenges due to fluctuating consumer confidence and inflationary pressures, leading to weakened demand for apparel and footwear [2][8] - Retailers are dealing with rising operational costs, including increased wages and higher prices for goods and services, which complicates their ability to pass costs onto consumers [3] Industry Adaptation - Industry participants are adapting by focusing on robust product strategies, advancing omnichannel capabilities, and making prudent capital investments to meet evolving consumer demands [4][12] - Companies are enhancing consumer engagement through innovative products and personalized experiences, while also managing inventory and optimizing capital expenditures [11][12] Key Trends - Soft demand is expected to impact revenues, with a reported decline of 0.2% in sales at clothing and accessories stores in October [8] - Pressure on margins is anticipated to persist as companies invest heavily in digital infrastructure and marketing to remain competitive [9][10] Performance Metrics - The Zacks Retail - Apparel and Shoes industry has underperformed compared to the broader Zacks Retail-Wholesale sector and the S&P 500, with a growth of 16.3% over the past year compared to the S&P 500's 30% [19] - The industry is currently trading at a forward P/E of 15.92X, lower than the S&P 500's 22.28X and the sector's 23.94X [20] Company Highlights - **Deckers Outdoor Corp.**: The company is well-positioned for growth with a diverse brand portfolio and strong market trends, showing a sales growth estimate of 13.6% and an EPS growth of 12.6% [21][22] - **Tapestry, Inc.**: Focused on geographic expansion and digital innovation, Tapestry has a sales growth estimate of 1.4% and an EPS growth of 6.3% [23][25] - **Abercrombie & Fitch Co.**: The company integrates digital and physical retail experiences, with a sales growth estimate of 13.4% and an impressive EPS growth of 64.8% [26][28] - **Torrid Holdings Inc.**: Known for its leadership in the plus-size fashion market, Torrid has a significant EPS growth estimate of 81.8% [29][30]

NEW YORK, NEW YORK - SEPTEMBER 13: A Coach store is seen on September 13, 2024 in New York City. ... [+] Tapestry, the parent company of Coach and Michael Kors, faces an antitrust trial brought on after a Federal Trade Commission lawsuit that seeks to stop the merger of Tapestry and Capri. If the merger, which was announced over a year ago, is approved it would place six fashion brands under a single company. (Photo by Michael M. Santiago/Getty Images)Getty ImagesTapestry announced it is canceling the acqui ...

Tapestry, Inc. (TPR) , the parent company of Coach, Kate Spade and Stuart Weitzman, announced today that it has mutually agreed with Capri Holdings Limited to end its planned $8.5 billion merger. Following the announcement, Tapestry’s stock surged 12.8%, reaching $57.81, while Capri Holdings saw a modest decline. Capri stock has dropped nearly 60% in 2024.On Thursday, Tapestry disclosed that legal challenges surrounding its proposed August 2023 merger are uncertain and unlikely to be resolved before the Feb ...

Key TakeawaysThe S&P 500 slipped 0.6% on Thursday, Nov. 14, 2024, as hotter-than-expected wholesale inflation data raised doubts about future interest-rate cuts.Shares of Leidos and Amentum moved lower amid an uncertain outlook and challenging competitive environment for government contractors.Tapestry shares surged after the Coach and Kate Spade parent called off its planned merger with fellow luxury brand holding company Capri. Major U.S. equities indexes slipped on Thursday as the latest Producer Price I ...