Capri (NYSE:CPRI) Issues FY 2027 Earnings Guidance

Capri (NYSE:CPRI) updated its FY 2027 earnings guidance on Wednesday. The company provided EPS guidance of 2.150-2.150 for the period, compared to the consensus EPS estimate of 1.850. The company issued revenue guidance of $3.5 billion-$3.5 billion, compared to the consensus revenue estimate of $3.5 billion. Capri also updated its Q1 2027 guidance to 0.400-0.400 EPS.

Analyst Ratings Changes

Several research firms have recently commented on CPRI. Robert W. Baird upgraded Capri from a “neutral” rating to an “outperform” rating and set a $26.00 price objective for the company in a report on Wednesday, February 4th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Capri in a research report on Monday, May 4th. UBS Group reiterated a “neutral” rating and set a $22.00 price target on shares of Capri in a report on Wednesday, February 4th. TD Cowen reiterated a “buy” rating on shares of Capri in a report on Wednesday, February 4th. Finally, The Goldman Sachs Group decreased their price target on Capri from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Capri currently has an average rating of “Hold” and an average price target of $25.92.

Capri Trading Up 0.8%

Shares of Capri stock opened at $18.63 on Wednesday. Capri has a 1 year low of $16.22 and a 1 year high of $28.26. The firm has a market cap of $2.22 billion, a PE ratio of -4.37, a P/E/G ratio of 0.29 and a beta of 1.43. The stock has a fifty day moving average price of $18.77 and a 200-day moving average price of $21.56. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.14 and a quick ratio of 0.52.

Capri (NYSE:CPRI) last announced its earnings results on Wednesday, May 27th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.11. Capri had a negative return on equity of 430.23% and a negative net margin of 13.57%.Capri has set its FY 2027 guidance at 2.150-2.150 EPS and its Q1 2027 guidance at 0.400-0.400 EPS. Equities research analysts anticipate that Capri will post 1.39 EPS for the current year.

Insider Activity

In other Capri news, CEO John D. Idol bought 55,000 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was purchased at an average cost of $17.98 per share, with a total value of $988,900.00. Following the transaction, the chief executive officer directly owned 2,257,645 shares in the company, valued at $40,592,457.10. This trade represents a 2.50% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.30% of the stock is currently owned by corporate insiders.

Institutional Trading of Capri

Several hedge funds have recently made changes to their positions in the company. Empowered Funds LLC lifted its position in shares of Capri by 3.4% during the 4th quarter. Empowered Funds LLC now owns 16,580 shares of the company’s stock valued at $405,000 after buying an additional 550 shares during the last quarter. Los Angeles Capital Management LLC lifted its position in shares of Capri by 1.3% during the 4th quarter. Los Angeles Capital Management LLC now owns 41,707 shares of the company’s stock valued at $1,018,000 after buying an additional 550 shares during the last quarter. California State Teachers Retirement System lifted its position in shares of Capri by 0.7% during the 2nd quarter. California State Teachers Retirement System now owns 108,789 shares of the company’s stock valued at $1,926,000 after buying an additional 734 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Capri by 8.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,126 shares of the company’s stock valued at $271,000 after buying an additional 880 shares during the last quarter. Finally, Integrated Wealth Concepts LLC lifted its position in shares of Capri by 4.9% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 20,246 shares of the company’s stock valued at $403,000 after buying an additional 940 shares during the last quarter. 84.34% of the stock is currently owned by institutional investors.

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.