Tapestry, Inc. (TPR) Hit a 52 Week High, Can the Run Continue?

A strong stock as of late has been Tapestry (TPR). Shares have been marching higher, with the stock up 26% over the past month. The stock hit a new 52-week high of $161.97 in the previous session. Tapestry has gained 25.6% since the start of the year compared to the -0.2% gain for the Zacks Retail-Wholesale sector and the 8% return for the Zacks Retail - Apparel and Shoes industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters. In its last earnings report on February 5, 2026, Tapestry reported EPS of $2.69 versus consensus estimate of $2.2.For the current fiscal year, Tapestry is expected to post earnings of $6.46 per share on $7.8 in revenues. This represents a 26.67% change in EPS on a 11.2% change in revenues. For the next fiscal year, the company is expected to earn $6.88 per share on $8.19 in revenues. This represents a year-over-year change of 6.57% and 5.03%, respectively.Valuation MetricsTapestry may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.Tapestry has a Value Score of D. The stock's Growth and Momentum Scores are A and C, respectively, giving the company a VGM Score of B.In terms of its value breakdown, the stock currently trades at 24.8X current fiscal year EPS estimates, which is a premium to the peer industry average of 19.6X. On a trailing cash flow basis, the stock currently trades at 24.5X versus its peer group's average of 9.7X. Additionally, the stock has a PEG ratio of 1.92. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.Zacks RankWe also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Tapestry currently has a Zacks Rank of #1 (Strong Buy) thanks to rising earnings estimates.Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Tapestry fits the bill. Thus, it seems as though Tapestry shares could have a bit more room to run in the near term.How Does TPR Stack Up to the Competition?Shares of TPR have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Deckers Outdoor Corporation (DECK). DECK has a Zacks Rank of #1 (Strong Buy) and a Value Score of B, a Growth Score of A, and a Momentum Score of F.Earnings were strong last quarter. Deckers Outdoor Corporation beat our consensus estimate by 20.22%, and for the current fiscal year, DECK is expected to post earnings of $7.32 per share on revenue of $5.43 billion.Shares of Deckers Outdoor Corporation have gained 19.5% over the past month, and currently trade at a forward P/E of 17.37X and a P/CF of 17.46X.The Retail - Apparel and Shoes industry is in the top 13% of all the industries we have in our universe, so it looks like there are some nice tailwinds for TPR and DECK, even beyond their own solid fundamental situation.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tapestry, Inc. (TPR): Free Stock Analysis Report Deckers Outdoor Corporation (DECK): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks