Capri Holdings Limited (NYSE:CPRI) Stock Now Rated “Hold” by Sell-Side Brokerages

Capri Holdings Limited (NYSE:CPRI) has earned an average rating of “Hold” from the sixteen research firms that are presently covering the firm, Marketbeat.com reports. One 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 1 year price objective among brokerages that have issued ratings on the stock in the last year is $21.93.

CPRI has been the topic of a number of recent analyst reports. The Goldman Sachs Group dropped 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. JPMorgan Chase & Co. decreased their price objective on shares of Capri from $29.00 to $22.00 and set an “overweight” rating for the company in a research report on Tuesday, August 4th. Wall Street Zen raised shares of Capri from a “hold” rating to a “buy” rating in a research note on Saturday, September 5th. UBS Group lowered their target price on shares of Capri from $20.00 to $17.00 and set a “neutral” rating for the company in a research note on Thursday, August 6th. Finally, Jefferies Financial Group restated a “hold” rating on shares of Capri in a report on Tuesday, September 22nd.

Capri Price Performance

Shares of CPRI opened at $14.96 on Monday. The business has a 50-day moving average of $14.40 and a 200-day moving average of $17.09. The company has a debt-to-equity ratio of 2.27, a current ratio of 1.19 and a quick ratio of 0.54. The company has a market capitalization of $1.70 billion, a price-to-earnings ratio of 11.51, a price-to-earnings-growth ratio of 0.32 and a beta of 1.35. Capri has a 1 year low of $12.40 and a 1 year high of $28.26.

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

Institutional Trading of Capri

A number of large investors have recently bought and sold shares of CPRI. Avaii Wealth Management LLC lifted its stake in shares of Capri by 146.5% in the 3rd quarter. Avaii Wealth Management LLC now owns 46,365 shares of the company’s stock valued at $670,000 after purchasing an additional 27,557 shares during the period. Engineers Gate Manager LP bought a new stake in shares of Capri during the 2nd quarter valued at about $3,804,000. Squarepoint Ops LLC acquired a new stake in Capri during the second quarter worth approximately $4,878,000. Corient Private Wealth LP grew its stake in Capri by 8.1% during the second quarter. Corient Private Wealth LP now owns 111,959 shares of the company’s stock worth $2,079,000 after purchasing an additional 8,404 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Capri during the second quarter worth approximately $600,000. 84.34% of the stock is currently owned by institutional investors and hedge funds.

Capri Company Profile

Capri Holdings Limited is a global luxury fashion company whose portfolio has historically included the Michael Kors, Versace and Jimmy Choo brands. The company develops, markets and distributes luxury apparel, accessories, footwear, handbags, watches, jewelry, fragrances and related lifestyle products.

Michael Kors offers American sportswear and accessories, while Jimmy Choo is known for luxury footwear, handbags and accessories. Versace has been associated with Italian luxury fashion, including apparel, accessories, footwear, home goods and fragrances.