Capri Holdings Limited (NYSE:CPRI) Given Consensus Rating of “Hold” by Analysts

Capri Holdings Limited (NYSE:CPRI) has been given an average rating of “Hold” by the sixteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $21.9333.

CPRI has been the topic of several recent research reports. JPMorgan Chase & Co. reduced their price objective on Capri from $29.00 to $22.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 4th. Wells Fargo & Company dropped their target price on Capri from $20.00 to $16.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 15th. Raymond James Financial reaffirmed an “outperform” rating and issued a $22.00 target price on shares of Capri in a research note on Thursday, May 28th. The Goldman Sachs Group reduced their price target on shares of Capri from $21.00 to $18.00 and set a “neutral” rating on the stock in a research report on Thursday, August 6th. Finally, Bank of America decreased their price target on shares of Capri from $23.00 to $20.00 and set a “neutral” rating on the stock in a research note on Thursday, May 28th.

Hedge Funds Weigh In On Capri

A number of large investors have recently added to or reduced their stakes in the business. Cooper Creek Partners Management LLC bought a new position in Capri during the 1st quarter worth approximately $23,784,000. Fox Run Management L.L.C. lifted its position in Capri by 567.1% in the fourth quarter. Fox Run Management L.L.C. now owns 81,089 shares of the company’s stock valued at $1,979,000 after purchasing an additional 68,933 shares during the last quarter. BNP Paribas Financial Markets lifted its position in Capri by 74.0% in the fourth quarter. BNP Paribas Financial Markets now owns 785,600 shares of the company’s stock valued at $19,169,000 after purchasing an additional 334,107 shares during the last quarter. Polar Asset Management Partners Inc. purchased a new stake in shares of Capri during the first quarter valued at approximately $3,027,000. Finally, Quantinno Capital Management LP boosted its stake in shares of Capri by 105.4% during the first quarter. Quantinno Capital Management LP now owns 176,583 shares of the company’s stock valued at $3,111,000 after purchasing an additional 90,600 shares during the period. Hedge funds and other institutional investors own 84.34% of the company’s stock.

Capri Stock Performance

Capri stock opened at $14.71 on Thursday. Capri has a fifty-two week low of $12.40 and a fifty-two week 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. The stock has a market cap of $1.67 billion, a P/E ratio of 11.31, a price-to-earnings-growth ratio of 0.30 and a beta of 1.38. The firm’s fifty day moving average price is $14.97 and its 200-day moving average price is $17.55.

Capri (NYSE:CPRI) last announced its earnings results on Wednesday, August 5th. The company reported $0.67 earnings per share (EPS) for the quarter, topping 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 period in the previous year, the business earned $0.50 earnings per share. The firm’s quarterly revenue was down 3.5% compared to the same quarter last year. 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, equities research analysts expect that Capri will post 2.11 earnings per share for the current fiscal year.

Capri Company Profile

Capri Holdings Limited (NYSE: CPRI) is a global fashion company that designs, manufactures, markets and distributes luxury apparel, accessories and footwear. Its portfolio includes the Michael Kors and Jimmy Choo brands, which offer products such as handbags, shoes, ready-to-wear clothing, watches, jewelry, eyewear and fragrances.

Michael Kors is known for its accessible luxury fashion and lifestyle products, while Jimmy Choo focuses on luxury footwear, handbags and accessories. The brands serve customers through company-operated stores, e-commerce platforms, department stores, specialty retailers, travel retail locations and selected licensing arrangements.

Capri Holdings was established as Michael Kors Holdings Limited in 2011 and adopted the Capri name in 2018 after expanding its portfolio through acquisitions of Jimmy Choo and Versace.