Capri Holdings Limited (NYSE:CPRI) Receives $21.93 Average Target Price from Analysts

Capri Holdings Limited (NYSE:CPRI) has been given an average recommendation of “Hold” by the sixteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $21.9333.

A number of research analysts have issued reports on CPRI shares. Weiss Ratings raised Capri from a “sell (e+)” rating to a “sell (d)” rating in a research note on Thursday, May 28th. Raymond James Financial reaffirmed an “outperform” rating and set a $22.00 price target on shares of Capri in a research report on Thursday, May 28th. Barclays cut their price objective on Capri from $20.00 to $19.00 and set an “overweight” rating on the stock in a report on Thursday, August 6th. Telsey Advisory Group decreased their price objective on Capri from $21.00 to $18.00 and set a “market perform” rating for the company in a research report on Thursday, August 6th. Finally, UBS Group lowered their target price on Capri from $20.00 to $17.00 and set a “neutral” rating for the company in a research note on Thursday, August 6th.

Capri Trading Down 1.7%

CPRI opened at $14.43 on Friday. The firm’s fifty day moving average is $17.49 and its two-hundred day moving average is $18.63. The firm has a market cap of $1.64 billion, a PE ratio of 11.10, a price-to-earnings-growth ratio of 0.33 and a beta of 1.41. Capri has a twelve month low of $14.40 and a twelve month high of $28.26. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.54 and a current ratio of 1.19.

Capri (NYSE:CPRI) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.27. Capri had a net margin of 4.44% and a return on equity of 297.36%. The company had revenue of $769.00 million during the quarter, compared to analyst estimates of $757.61 million. During the same quarter in the previous year, the business earned $0.50 EPS. The firm’s revenue was down 3.5% on a year-over-year basis. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. Equities research analysts anticipate that Capri will post 2.11 EPS for the current year.

Insiders Place Their Bets

In other Capri news, Director Stephen F. Reitman sold 17,981 shares of Capri stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $19.42, for a total value of $349,191.02. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.60% of the company’s stock.

Institutional Investors Weigh In On Capri

Several large investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in Capri by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 11,701,832 shares of the company’s stock valued at $285,525,000 after acquiring an additional 121,209 shares in the last quarter. State Street Corp raised its stake in shares of Capri by 19.3% in the 2nd quarter. State Street Corp now owns 4,479,231 shares of the company’s stock valued at $79,282,000 after purchasing an additional 724,967 shares during the period. Segall Bryant & Hamill LLC lifted its holdings in shares of Capri by 92.6% in the first quarter. Segall Bryant & Hamill LLC now owns 2,734,735 shares of the company’s stock valued at $48,186,000 after purchasing an additional 1,314,611 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Capri during the fourth quarter worth about $53,759,000. Finally, Dimensional Fund Advisors LP boosted its position in shares of Capri by 34.7% during the first quarter. Dimensional Fund Advisors LP now owns 2,165,618 shares of the company’s stock worth $38,154,000 after buying an additional 557,955 shares during the period. Institutional investors own 84.34% of the company’s stock.

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.