Capri Holdings Limited (NYSE:CPRI) Stock Has Average Target Price of $21.80

Capri Holdings Limited (NYSE:CPRI) has earned a consensus rating of “Hold” from the sixteen analysts that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation, four have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $21.80.

Several research analysts recently weighed in on CPRI shares. Raymond James Financial raised shares of Capri from an “outperform” rating to a “strong-buy” rating and set a $20.00 price objective on the stock in a research note on Friday, October 16th. Barclays dropped their price objective on Capri from $20.00 to $19.00 and set an “overweight” rating on the stock in a research note on Thursday, August 6th. Robert W. Baird reduced their price target on Capri from $26.00 to $24.00 and set an “outperform” rating on the stock in a research report on Monday, July 27th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Capri in a report on Tuesday, September 22nd. Finally, 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 note on Tuesday, August 4th.

Capri Trading Down 0.8%

NYSE:CPRI opened at $18.52 on Friday. The stock has a market cap of $2.11 billion, a PE ratio of 10.47, a price-to-earnings-growth ratio of 0.38 and a beta of 1.27. The company has a debt-to-equity ratio of 6.31, a current ratio of 1.18 and a quick ratio of 0.50. Capri has a fifty-two week low of $12.40 and a fifty-two week high of $28.26. The stock’s 50-day moving average is $14.62 and its two-hundred day moving average is $17.91.

Capri (NYSE:CPRI) last released its quarterly earnings results on Friday, October 30th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21. Capri had a net margin of 6.12% and a return on equity of 242.96%. The company had revenue of $809.00 million during the quarter, compared to analysts’ expectations of $786.55 million. During the same period in the prior year, the company earned ($0.03) earnings per share. The business’s quarterly revenue was down 5.5% compared to the same quarter last year. As a group, equities research analysts forecast that Capri will post 2.20 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Capri

A number of hedge funds have recently modified their holdings of CPRI. Oregon Public Employees Retirement Fund raised its holdings in shares of Capri by 3.5% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 25,500 shares of the company’s stock valued at $360,000 after acquiring an additional 856 shares in the last quarter. ARGA Investment Management LP raised its stake in Capri by 49.7% during the 3rd quarter. ARGA Investment Management LP now owns 231,305 shares of the company’s stock valued at $3,266,000 after buying an additional 76,760 shares during the last quarter. Pinnacle Wealth Planning Services Inc. bought a new position in Capri in the 3rd quarter worth $47,000. Evergreen Capital Management LLC bought a new position in Capri in the 3rd quarter worth $195,000. Finally, Sterling Capital Management LLC grew its stake in Capri by 804.7% during the third quarter. Sterling Capital Management LLC now owns 3,818 shares of the company’s stock valued at $54,000 after acquiring an additional 3,396 shares in the last quarter. Institutional investors own 84.34% of the company’s stock.

Capri News Summary

Here are the key news stories impacting Capri this week:

• Positive Sentiment: Capri reported quarterly adjusted earnings of $0.42 per share, well above the $0.21 analyst consensus and sharply ahead of the $0.03 loss recorded a year earlier. Revenue of $809 million also exceeded estimates of $786.55 million. Capri Holdings Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Profitability improved substantially: net income reached $27 million versus a $34 million loss in the prior-year quarter, while gross margin expanded to 63.3% from 61.0%. Operating income also returned to positive territory. Capri Reports Revenue and Quarterly Net Income
• Positive Sentiment: Management raised its fiscal 2027 outlook, expecting approximately $3.42 billion in adjusted revenue. Capri also repurchased about 10.3 million shares for $150 million, supporting per-share results and signaling confidence in the recovery. Capri Holdings Fiscal 2027 Second-Quarter Earnings Presentation
• Positive Sentiment: Jimmy Choo was a notable bright spot, with revenue increasing 11.5% to $146 million, partially offsetting weakness elsewhere in the portfolio.
• Negative Sentiment: Total revenue still declined 5.5% year over year, and Michael Kors revenue fell 8.6% to $663 million, highlighting ongoing brand and demand challenges. Capri also ended the quarter with $461 million of borrowings and $125 million in cash. Capri Holdings Key Second-Quarter Metrics

About Capri

Capri Holdings Limited (NYSE: CPRI) is a global fashion and luxury goods company headquartered in London. The company designs, develops, markets and distributes luxury apparel, footwear, handbags, accessories, watches, jewelry and fragrances through its portfolio of fashion brands.

Capri’s principal brands are Michael Kors, Versace and Jimmy Choo. Michael Kors offers a broad range of fashion and lifestyle products, including handbags, footwear, apparel, watches and accessories. Versace is known for luxury clothing, accessories, footwear, home products and fragrances, while Jimmy Choo specializes in luxury footwear, handbags, accessories and fragrances.

The company sells its products through directly operated retail stores, e-commerce platforms, wholesale partners, department stores, specialty retailers and other distribution channels.