Tapestry, Inc. (NYSE:TPR) has seen its share price rise by 53% recently, trading near its 52-week high. Despite this, Simply Wall St’s valuation model suggests the stock is fairly valued, trading slightly above its intrinsic value. The company has a very optimistic future outlook, with earnings expected to double, which should lead to stronger cash flows and higher share value.
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What Is Tapestry, Inc.'s (NYSE:TPR) Share Price Doing?
Tapestry, Inc. (NYSE:TPR) has seen its share price rise by 53% recently, trading near its 52-week high. Despite this, Simply Wall St’s valuation model suggests the stock is fairly valued, trading slightly above its intrinsic value. The company has a very optimistic future outlook, with earnings expected to double, which should lead to stronger cash flows and higher share value.