Capri (NYSE:CPRI) Given New $17.00 Price Target at UBS Group

Capri (NYSE:CPRI) had its target price reduced by equities research analysts at UBS Group from $20.00 to $17.00 in a report released on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s price objective suggests a potential upside of 11.88% from the company’s previous close.

Several other equities analysts have also commented on the stock. Barclays decreased their target price on shares of Capri from $20.00 to $19.00 and set an “overweight” rating on the stock in a report on Thursday. JPMorgan Chase & Co. lowered 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. Raymond James Financial reaffirmed an “outperform” rating and set a $22.00 target price on shares of Capri in a research note on Thursday, May 28th. Wells Fargo & Company lowered their price target on shares of Capri from $20.00 to $16.00 and set an “equal weight” rating for the company in a report on Wednesday, July 15th. Finally, The Goldman Sachs Group dropped their price target on Capri from $21.00 to $18.00 and set a “neutral” rating for the company in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $21.93.

Capri Stock Performance

NYSE CPRI traded down $0.82 on Thursday, reaching $15.20. The stock had a trading volume of 2,889,436 shares, compared to its average volume of 3,168,094. Capri has a 1-year low of $15.16 and a 1-year high of $28.26. The firm has a fifty day moving average of $18.16 and a two-hundred day moving average of $19.21. The company has a market cap of $1.74 billion, a P/E ratio of 13.35, a price-to-earnings-growth ratio of 0.30 and a beta of 1.41. The company has a debt-to-equity ratio of 4.08, a current ratio of 1.21 and a quick ratio of 0.60.

Capri (NYSE:CPRI) last released its earnings results on Wednesday, August 5th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.27. Capri had a return on equity of 664.22% and a net margin of 3.94%.The firm had revenue of $769.00 million during the quarter, compared to the consensus estimate of $756.25 million. During the same period in the prior year, the company posted $0.50 EPS. The company’s 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 anticipate that Capri will post 2.06 EPS for the current year.

Insider Activity at Capri

In related news, Director Stephen F. Reitman sold 17,981 shares of Capri stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $19.42, for a total value of $349,191.02. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 2.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Measured Wealth Private Client Group LLC raised its stake 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 worth $27,000 after buying an additional 1,142 shares during the last quarter. Quantbot Technologies LP bought a new stake in Capri during the second quarter valued at $39,000. Caitong International Asset Management Co. Ltd grew its holdings in Capri by 273.9% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,236 shares of the company’s stock worth $55,000 after acquiring an additional 1,638 shares during the period. MidFirst Bank bought a new position in shares of Capri in the 4th quarter worth about $77,000. Finally, Hantz Financial Services Inc. lifted its stake in shares of Capri by 57.9% in the 4th quarter. Hantz Financial Services Inc. now owns 4,266 shares of the company’s stock valued at $104,000 after purchasing an additional 1,565 shares during the period. Institutional investors and hedge funds own 84.34% of the company’s stock.

Key Capri News

Here are the key news stories impacting Capri this week:

• Positive Sentiment: Capri reported fiscal first-quarter EPS of $0.67, well above the $0.40 consensus estimate, while revenue of $769 million also exceeded expectations of $756.25 million. EPS increased from $0.50 in the prior-year quarter. Capri Holdings Surpasses Q1 Earnings and Revenue Estimates
• Neutral Sentiment: BTIG Research maintained a Buy rating but reduced its price target from $30 to $25, leaving substantial implied upside. The target cut nevertheless signals more cautious expectations following the results. The Fly analyst update
• Neutral Sentiment: Goldman Sachs lowered its target from $21 to $18 and changed its rating to Neutral. Telsey Advisory Group also cut its target from $21 to $18 while retaining a Market Perform rating, reflecting limited conviction despite targets remaining above the current share price. Benzinga analyst updates
• Negative Sentiment: Capri’s second-quarter fiscal 2027 outlook fell well short of consensus: EPS guidance of $0.20 versus $0.45 expected and revenue guidance of $780 million versus $857 million. Full-year revenue guidance of approximately $3.4 billion was also below the $3.5 billion consensus, although full-year EPS guidance of $2.15 was slightly above estimates. Capri cuts annual revenue forecast
• Negative Sentiment: Management cited inventory delays at Michael Kors and softer demand for higher-priced handbags and accessories in some markets. Revenue declined 3.5% year over year, reinforcing concerns that the brand’s weakness could weigh on Capri’s recovery. Capri falls after Michael Kors drags on results

About Capri

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.