Guggenheim analyst Robert Drbul maintains $Tapestry (TPR.US)$ with a buy rating, and adjusts the target price from $60 to $70.
According to TipRanks data, the analyst has a success rate of 55.9% and a total average return of 6.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Tapestry (TPR.US)$'s main analysts recently are as follows:
Tapestry has been selected for the Analyst Focus List as a value pick following the termination of the planned merger with Capri Holdings. Tapestry is prioritizing the strength of Coach and the return to sustainable sales growth for Kate Spade before considering future acquisitions. The stock is seen as undervalued at its current trading price.
Following the mutually agreed termination of the planned merger between the company and Capri, it is deemed a 'prudent' move as both entities prioritize the reallocation of their resources and time to concentrate on their individual portfolios. With the conclusion of the merger discussions, there continues to be an opportunity for value creation within the company's existing portfolio.
Tapestry's recently halted agreement with Capri Holdings has led to the redemption of the related deal debt and the proclamation of a $2 billion share repurchase plan, which is expected to contribute a minimum of $0.75 to earnings per share. The analyst notes the potential for an approximate $6.00 earnings per share by fiscal year 2026, and suggests that a valuation multiple of 15 times could present a bullish scenario with significant upside.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
Guggenheim分析師Robert Drbul維持$Tapestry (TPR.US)$買入評級，並將目標價從60美元上調至70美元。
根據TipRanks數據顯示，該分析師近一年總勝率為55.9%，總平均回報率為6.2%。
此外，綜合報道，$Tapestry (TPR.US)$近期主要分析師觀點如下：
Tapestry在分析師重點關注名單中被選爲價值投資選擇，之前與Capri Holdings的計劃合併被終止。在考慮未來收購之前，Tapestry優先關注Coach的實力和Kate Spade恢復可持續增長的銷售。該股票被視爲目前交易價格偏低。
在公司與Capri之間計劃合併的互相同意終止之後，被視爲一項『謹慎』舉措，因爲兩家公司都將資源和時間重點放在集中精力發展各自的組合上。隨着合併討論的結束，公司現有組合內仍然存在創造價值的機會。
Tapestry最近與Capri Holdings暫停的協議導致了相關交易債務的清償和宣佈了一個價值20億美元的股票回購計劃，有望爲每股收益貢獻至少0.75美元。分析師指出，到2026財年，每股收益預計可達約6.00美元，並建議以15倍的估值倍數可能呈現出一個看好的情景，提供了顯著的上行空間。
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分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
