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Why Tapestry (TPR) is a Top Value Stock for the Long-Term

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.

Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.

Why Investors Should Pay Attention to This Value Stock

Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.

Tapestry (TPR)

Founded in 1941 and headquartered in New York, Tapestry, Inc., which was formerly known as Coach, Inc., is the designer and marketer of fine accessories and gifts for women and men in the United States and internationally. The Company offers lifestyle products, which include handbags, women’s and men’s accessories, footwear, jewelry, seasonal apparel collections, sunwear, travel bags, fragrance and watches. Tapestry now operate under three segments comprising Coach brand (North America and International - 74% of FY21 Sales), Kate Spade & Company (21% of FY21 Sales) and Stuart Weitzman (5% of FY21 Sales).

TPR is a Zacks Rank #3 (Hold) stock, with a Value Style Score of A and VGM Score of B. Shares are currently trading at a forward P/E of 8.6X for the current fiscal year compared to the Retail - Apparel and Shoes industry's P/E of 9.4X. Additionally, TPR has a PEG Ratio of 0.7 and a Price/Cash Flow ratio of 9X. Value investors should also note TPR's Price/Sales ratio of 1.3X.

A company's earnings performance is important for value investors as well. For fiscal 2022, one analyst revised their earnings estimate higher in the last 60 days for TPR, while the Zacks Consensus Estimate has increased $0.00 to $3.46 per share. TPR also holds an average earnings surprise of 17.6%.

Investors should take the time to consider TPR for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.


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