Capri Holdings Limited (NYSE:CPRI) Receives $24.79 Consensus PT from Brokerages

Capri Holdings Limited (NYSE:CPRI) has earned a consensus recommendation of “Hold” from the sixteen brokerages that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $24.7857.

A number of analysts recently commented on the company. BTIG Research reiterated a “buy” rating and set a $30.00 price objective on shares of Capri in a research report on Thursday, May 28th. UBS Group reduced their price objective on Capri from $22.00 to $20.00 and set a “neutral” rating for the company in a research report on Thursday, May 28th. Bank of America reduced their price objective on Capri from $23.00 to $20.00 and set a “neutral” rating for the company in a research report on Thursday, May 28th. JPMorgan Chase & Co. reduced their price objective on Capri from $31.00 to $29.00 and set an “overweight” rating for the company in a research report on Thursday, May 28th. Finally, Raymond James Financial reissued an “outperform” rating and set a $22.00 price target on shares of Capri in a report on Thursday, May 28th.

Insider Transactions at Capri

In related news, CEO John D. Idol purchased 55,000 shares of the business’s stock in a transaction on Wednesday, March 11th. The stock was acquired at an average price of $17.98 per share, with a total value of $988,900.00. Following the completion of the acquisition, the chief executive officer owned 2,257,645 shares of the company’s stock, valued at approximately $40,592,457.10. This trade represents a 2.50% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.30% of the company’s stock.

Institutional Trading of Capri

Hedge funds have recently bought and sold shares of the stock. Measured Wealth Private Client Group LLC grew its holdings in Capri by 299.7% during the first quarter. Measured Wealth Private Client Group LLC now owns 1,523 shares of the company’s stock valued at $27,000 after purchasing an additional 1,142 shares during the period. Aster Capital Management DIFC Ltd bought a new stake in Capri during the third quarter valued at about $39,000. Quantbot Technologies LP bought a new stake in Capri during the second quarter valued at about $39,000. Caitong International Asset Management Co. Ltd grew its holdings in Capri by 273.9% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,236 shares of the company’s stock valued at $55,000 after purchasing an additional 1,638 shares during the period. Finally, Hantz Financial Services Inc. grew its holdings in Capri by 167.4% during the third quarter. Hantz Financial Services Inc. now owns 2,701 shares of the company’s stock valued at $54,000 after purchasing an additional 1,691 shares during the period. Institutional investors own 84.34% of the company’s stock.

Capri Stock Up 0.2%

Capri stock opened at $18.86 on Tuesday. The stock has a market cap of $2.17 billion, a PE ratio of 16.54, a price-to-earnings-growth ratio of 0.35 and a beta of 1.40. The company has a debt-to-equity ratio of 4.08, a quick ratio of 0.60 and a current ratio of 1.21. Capri has a one year low of $16.22 and a one year high of $28.26. The stock has a fifty day moving average of $18.83 and a 200 day moving average of $21.39.

Capri (NYSE:CPRI) last posted its quarterly earnings data on Wednesday, May 27th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.11. The company had revenue of $796.00 million during the quarter, compared to analysts’ expectations of $800.04 million. Capri had a return on equity of 664.22% and a net margin of 3.94%.Capri’s revenue for the quarter was down 23.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($4.90) earnings per share. Capri has set its FY 2027 guidance at 2.150-2.150 EPS and its Q1 2027 guidance at 0.400-0.400 EPS. As a group, sell-side analysts predict that Capri will post 2.05 EPS for the current 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.