Capri Holdings Limited (NYSE:CPRI) Receives Consensus Rating of “Hold” from Analysts

Capri Holdings Limited (NYSE:CPRI) has earned an average recommendation of “Hold” from the twelve research firms that are covering the company, Marketbeat Ratings reports. Twelve analysts have rated the stock with a hold recommendation. The average 12 month target price among analysts that have issued a report on the stock in the last year is $50.50.

CPRI has been the subject of several research analyst reports. OTR Global reissued a “mixed” rating on shares of Capri in a research report on Wednesday, April 17th. Telsey Advisory Group reissued a “market perform” rating and issued a $57.00 target price on shares of Capri in a research report on Friday, February 9th. Finally, StockNews.com initiated coverage on shares of Capri in a research report on Saturday, April 13th. They issued a “hold” rating for the company.

Capri Stock Performance

Capri stock opened at $37.99 on Thursday. Capri has a 12-month low of $34.17 and a 12-month high of $54.52. The company has a market capitalization of $4.43 billion, a price-to-earnings ratio of 21.33, a price-to-earnings-growth ratio of 7.82 and a beta of 2.03. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.06 and a quick ratio of 0.49. The firm’s fifty day moving average price is $44.94 and its 200 day moving average price is $47.98.

Capri (NYSE:CPRI) last released its quarterly earnings results on Thursday, February 8th. The company reported $1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.74 by ($0.54). Capri had a return on equity of 25.79% and a net margin of 3.96%. The firm had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.48 billion. During the same period last year, the firm earned $1.84 EPS. The business’s quarterly revenue was down 5.6% on a year-over-year basis. On average, research analysts forecast that Capri will post 3.8 EPS for the current fiscal year.

Institutional Investors Weigh In On Capri

A number of institutional investors have recently modified their holdings of CPRI. Private Wealth Management Group LLC acquired a new position in Capri during the 4th quarter valued at about $25,000. Vima LLC acquired a new position in Capri during the 4th quarter valued at about $70,000. U S Global Investors Inc. acquired a new position in Capri during the 4th quarter valued at about $75,000. Fifth Third Bancorp boosted its stake in Capri by 34.0% during the 3rd quarter. Fifth Third Bancorp now owns 1,735 shares of the company’s stock valued at $91,000 after purchasing an additional 440 shares during the period. Finally, EMC Capital Management acquired a new position in Capri during the 3rd quarter valued at about $96,000. Institutional investors own 84.34% of the company’s stock.

About Capri

Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as well as through e-commerce sites.