Capri (NYSE:CPRI) Price Target Raised to $23.00 at Telsey Advisory Group

Capri (NYSE:CPRI) had its target price increased by Telsey Advisory Group from $22.00 to $23.00 in a research note published on Wednesday morning, Marketbeat reports. The brokerage currently has a market perform rating on the stock. Telsey Advisory Group also issued estimates for Capri’s FY2028 earnings at $2.35 EPS.

A number of other equities research analysts also recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Capri in a research report on Wednesday, October 8th. Raymond James Financial upgraded Capri from a “market perform” rating to an “outperform” rating and set a $25.00 target price on the stock in a research note on Tuesday, October 21st. Zacks Research raised Capri from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 26th. Wall Street Zen upgraded Capri from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Finally, JPMorgan Chase & Co. raised Capri from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $21.00 to $30.00 in a research report on Wednesday, August 13th. Seven analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $24.50.

Capri Stock Up 7.5%

Shares of NYSE:CPRI opened at $22.26 on Wednesday. The business’s 50 day moving average is $21.02 and its 200 day moving average is $19.12. Capri has a 12-month low of $11.86 and a 12-month high of $26.23. The stock has a market cap of $2.65 billion, a price-to-earnings ratio of -2.37, a PEG ratio of 0.45 and a beta of 1.82. The company has a quick ratio of 0.61, a current ratio of 1.17 and a debt-to-equity ratio of 3.97.

Capri (NYSE:CPRI) last issued its quarterly earnings data on Tuesday, November 4th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.17). Capri had a negative net margin of 26.73% and a negative return on equity of 53.50%. The company had revenue of $856.00 million for the quarter, compared to the consensus estimate of $825.74 million. Capri has set its Q3 2026 guidance at 0.700-0.80 EPS. FY 2026 guidance at 1.200-1.400 EPS. On average, sell-side analysts forecast that Capri will post 0.98 earnings per share for the current fiscal year.

Institutional Trading of Capri

Hedge funds have recently made changes to their positions in the company. Machina Capital S.A.S. lifted its position in shares of Capri by 5.3% during the 3rd quarter. Machina Capital S.A.S. now owns 144,289 shares of the company’s stock valued at $2,874,000 after buying an additional 7,209 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in Capri by 167.4% during the third quarter. Hantz Financial Services Inc. now owns 2,701 shares of the company’s stock valued at $54,000 after purchasing an additional 1,691 shares during the last quarter. Allianz Asset Management GmbH boosted its position in Capri by 51.9% during the third quarter. Allianz Asset Management GmbH now owns 1,762,170 shares of the company’s stock worth $35,102,000 after purchasing an additional 602,123 shares during the period. Arizona State Retirement System boosted its position in Capri by 1.4% during the third quarter. Arizona State Retirement System now owns 34,894 shares of the company’s stock worth $695,000 after purchasing an additional 483 shares during the period. Finally, Federated Hermes Inc. increased its stake in shares of Capri by 107.1% in the third quarter. Federated Hermes Inc. now owns 719,109 shares of the company’s stock worth $14,325,000 after purchasing an additional 371,903 shares in the last quarter. 84.34% of the stock is currently owned by institutional investors.

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.