Capri Holdings Limited (NYSE:CPRI) Given Consensus Recommendation of “Hold” by Brokerages

Capri Holdings Limited (NYSE:CPRI) has been assigned a consensus rating of “Hold” from the fifteen brokerages that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, seven have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $26.4615.

A number of research firms have issued reports on CPRI. Barclays lifted their price objective on shares of Capri from $31.00 to $32.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. The Goldman Sachs Group lowered their target price on shares of Capri from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Wednesday, February 4th. Telsey Advisory Group reissued a “market perform” rating and set a $23.00 price target on shares of Capri in a research report on Tuesday, February 3rd. Sanford C. Bernstein restated a “market perform” rating and set a $24.00 price target on shares of Capri in a report on Tuesday, January 6th. Finally, Zacks Research downgraded shares of Capri from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 5th.

Insider Buying and Selling at Capri

In other Capri news, CEO John D. Idol bought 55,000 shares of Capri stock in a transaction dated Wednesday, March 11th. The stock was bought at an average cost of $17.98 per share, with a total value of $988,900.00. Following the completion of the acquisition, the chief executive officer directly owned 2,257,645 shares in the company, valued at approximately $40,592,457.10. The trade was a 2.50% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 2.30% of the stock is owned by insiders.

Institutional Trading of Capri

A number of hedge funds have recently bought and sold shares of CPRI. Arizona State Retirement System grew its stake in Capri by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 34,894 shares of the company’s stock valued at $695,000 after purchasing an additional 483 shares during the period. Empowered Funds LLC raised its stake in shares of Capri by 3.4% during the 4th quarter. Empowered Funds LLC now owns 16,580 shares of the company’s stock worth $405,000 after purchasing an additional 550 shares during the period. Los Angeles Capital Management LLC raised its stake in shares of Capri by 1.3% during the 4th quarter. Los Angeles Capital Management LLC now owns 41,707 shares of the company’s stock worth $1,018,000 after purchasing an additional 550 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in shares of Capri by 14.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 4,303 shares of the company’s stock worth $105,000 after buying an additional 555 shares during the last quarter. Finally, Amalgamated Bank boosted its holdings in shares of Capri by 1.2% in the 3rd quarter. Amalgamated Bank now owns 52,398 shares of the company’s stock worth $1,044,000 after buying an additional 616 shares during the last quarter. 84.34% of the stock is currently owned by institutional investors.

Capri Stock Performance

Shares of Capri stock opened at $18.25 on Thursday. Capri has a 52 week low of $11.86 and a 52 week high of $28.26. The company has a quick ratio of 0.52, a current ratio of 1.14 and a debt-to-equity ratio of 2.07. The business has a 50 day moving average price of $21.02 and a 200-day moving average price of $22.24. The company has a market cap of $2.17 billion, a PE ratio of -4.28, a price-to-earnings-growth ratio of 0.37 and a beta of 1.45.

Capri (NYSE:CPRI) last announced its earnings results on Tuesday, February 3rd. The company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.03. Capri had a negative return on equity of 430.23% and a negative net margin of 13.57%.The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $999.84 million. During the same quarter in the previous year, the firm earned $0.63 earnings per share. Capri’s quarterly revenue was down 4.0% on a year-over-year basis. Capri has set its FY 2026 guidance at 1.300-1.400 EPS. Equities analysts anticipate that Capri will post 0.98 earnings per share for the current fiscal year.

Capri Company Profile

Capri Holdings Limited (NYSE: CPRI) is a global luxury fashion company that designs, markets and distributes a range of premium lifestyle products. The company’s principal brands—Michael Kors, Versace and Jimmy Choo—offer handbags, ready-to-wear apparel, footwear, watches, jewelry, fragrance and other accessories. Capri Holdings combines in-house design talent with international sourcing, manufacturing and retail operations to deliver collections that reflect each brand’s distinct heritage and aesthetic vision.

Formed in 2018 through the rebranding of Michael Kors Holdings following the acquisition of Versace, Capri has since integrated Jimmy Choo into its portfolio.