Capri Holdings Limited (NYSE:CPRI) Stock Has Consensus Price Target of $21.93

Shares of Capri Holdings Limited (NYSE:CPRI) have been assigned an average rating of “Hold” from the sixteen analysts that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, nine have given a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $21.93.

Several brokerages recently issued reports on CPRI. Telsey Advisory Group reduced their target price on shares of Capri from $21.00 to $18.00 and set a “market perform” rating for the company in a report on Thursday, August 6th. Robert W. Baird lowered their price target on shares of Capri from $26.00 to $24.00 and set an “outperform” rating on the stock in a report on Monday, July 27th. JPMorgan Chase & Co. cut their price target on Capri from $29.00 to $22.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 4th. Wall Street Zen upgraded Capri from a “hold” rating to a “buy” rating in a research note on Saturday, September 5th. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Capri in a report on Tuesday, September 22nd.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Segall Bryant & Hamill LLC boosted its position in Capri by 92.6% in the 1st quarter. Segall Bryant & Hamill LLC now owns 2,734,735 shares of the company’s stock worth $48,186,000 after purchasing an additional 1,314,611 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Capri by 34.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,165,618 shares of the company’s stock worth $38,154,000 after purchasing an additional 557,955 shares during the period. Norges Bank purchased a new position in shares of Capri during the 4th quarter valued at approximately $50,228,000. Cooper Creek Partners Management LLC purchased a new position in shares of Capri during the 1st quarter valued at approximately $23,784,000. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of Capri by 15.6% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 640,980 shares of the company’s stock valued at $11,518,000 after purchasing an additional 86,361 shares during the period. 84.34% of the stock is currently owned by hedge funds and other institutional investors.

Capri Price Performance

Shares of NYSE:CPRI opened at $14.48 on Monday. Capri has a twelve month low of $12.40 and a twelve month high of $28.26. The company’s 50 day moving average is $14.45 and its 200 day moving average is $17.13. The company has a current ratio of 1.19, a quick ratio of 0.54 and a debt-to-equity ratio of 2.27. The company has a market cap of $1.65 billion, a PE ratio of 11.14, a price-to-earnings-growth ratio of 0.32 and a beta of 1.35.

Capri (NYSE:CPRI) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.27. The company had revenue of $769.00 million during the quarter, compared to analyst estimates of $757.61 million. Capri had a net margin of 4.44% and a return on equity of 297.36%. Capri’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period last year, the firm posted $0.50 EPS. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. On average, sell-side analysts forecast that Capri will post 2.11 EPS for the current year.

Capri Company Profile

Capri Holdings Limited is a global luxury fashion company whose portfolio has historically included the Michael Kors, Versace and Jimmy Choo brands. The company develops, markets and distributes luxury apparel, accessories, footwear, handbags, watches, jewelry, fragrances and related lifestyle products.

Michael Kors offers American sportswear and accessories, while Jimmy Choo is known for luxury footwear, handbags and accessories. Versace has been associated with Italian luxury fashion, including apparel, accessories, footwear, home goods and fragrances.