Brokerages Set Capri Holdings Limited (NYSE:CPRI) PT at $24.79

Capri Holdings Limited (NYSE:CPRI) has been assigned a consensus rating of “Hold” from the sixteen research firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $24.7857.

Several research analysts recently weighed in on the stock. UBS Group cut their target price on shares of Capri from $22.00 to $20.00 and set a “neutral” rating for the company in a research note on Thursday, May 28th. Raymond James Financial reissued an “outperform” rating and issued a $22.00 target price on shares of Capri in a research note on Thursday, May 28th. JPMorgan Chase & Co. cut their target price on shares of Capri from $31.00 to $29.00 and set an “overweight” rating for the company in a research note on Thursday, May 28th. Wells Fargo & Company dropped their price objective on shares of Capri from $21.00 to $20.00 and set an “equal weight” rating for the company in a research note on Thursday, May 28th. Finally, Weiss Ratings raised shares of Capri from a “sell (e+)” rating to a “sell (d)” rating in a research note on Thursday, May 28th.

Capri Trading Up 2.2%

Shares of CPRI stock opened at $18.84 on Tuesday. The firm has a 50-day moving average price of $18.82 and a 200 day moving average price of $21.40. Capri has a twelve month low of $16.22 and a twelve month high of $28.26. The company has a market capitalization of $2.17 billion, a price-to-earnings ratio of 16.52, a PEG ratio of 0.34 and a beta of 1.40. The company has a current ratio of 1.21, a quick ratio of 0.60 and a debt-to-equity ratio of 4.08.

Capri (NYSE:CPRI) last announced its earnings results on Wednesday, May 27th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.11. Capri had a net margin of 3.94% and a return on equity of 664.22%. The firm had revenue of $796.00 million during the quarter, compared to the consensus estimate of $800.04 million. During the same quarter in the previous year, the company posted ($4.90) EPS. The firm’s revenue for the quarter was down 23.1% on a year-over-year basis. Capri has set its FY 2027 guidance at 2.150-2.150 EPS and its Q1 2027 guidance at 0.400-0.400 EPS. Research analysts forecast that Capri will post 2.05 earnings per share for the current fiscal year.

Insider Activity at Capri

In related news, CEO John D. Idol acquired 55,000 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was bought at an average price of $17.98 per share, with a total value of $988,900.00. Following the purchase, the chief executive officer directly owned 2,257,645 shares in the company, valued at $40,592,457.10. The trade was a 2.50% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 2.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership acquired a new stake in Capri during the 4th quarter worth approximately $53,759,000. Norges Bank acquired a new stake in Capri during the 4th quarter worth approximately $50,228,000. Cartenna Capital LP acquired a new stake in Capri during the 3rd quarter worth approximately $29,382,000. Cooper Creek Partners Management LLC acquired a new stake in Capri during the 1st quarter worth approximately $23,784,000. Finally, Segall Bryant & Hamill LLC increased its position in Capri by 92.6% during the 1st quarter. Segall Bryant & Hamill LLC now owns 2,734,735 shares of the company’s stock worth $48,186,000 after purchasing an additional 1,314,611 shares in the last quarter. Institutional investors and hedge funds own 84.34% of the company’s stock.

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.