Capri Holdings Limited (NYSE:CPRI) Receives $21.93 Consensus Price Target from Brokerages

Shares of Capri Holdings Limited (NYSE:CPRI) have been given an average rating of “Hold” by the sixteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $21.9333.

A number of analysts recently issued reports on CPRI shares. Telsey Advisory Group dropped their target price on shares of Capri from $21.00 to $18.00 and set a “market perform” rating for the company in a research report on Thursday, August 6th. TD Cowen lowered shares of Capri from a “buy” rating to a “hold” rating and dropped their price target for the stock from $20.00 to $17.00 in a research note on Thursday, August 6th. Raymond James Financial reissued an “outperform” rating and set a $22.00 price target on shares of Capri in a research report on Thursday, May 28th. BTIG Research decreased their target price on Capri from $30.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Capri from $29.00 to $22.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 4th.

Insider Transactions at Capri

In other news, Director Stephen F. Reitman sold 17,981 shares of the business’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $19.42, for a total transaction of $349,191.02. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 2.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Capri

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Los Angeles Capital Management LLC lifted its holdings in shares of Capri by 1.3% in the 4th quarter. Los Angeles Capital Management LLC now owns 41,707 shares of the company’s stock worth $1,018,000 after acquiring an additional 550 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Capri by 3.4% during the fourth quarter. Empowered Funds LLC now owns 16,580 shares of the company’s stock valued at $405,000 after purchasing an additional 550 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in shares of Capri by 14.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 4,303 shares of the company’s stock valued at $105,000 after buying an additional 555 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in Capri by 2.5% in the first quarter. Oregon Public Employees Retirement Fund now owns 24,444 shares of the company’s stock worth $431,000 after purchasing an additional 600 shares during the last quarter. Finally, California State Teachers Retirement System increased its stake in shares of Capri by 0.7% in the 2nd quarter. California State Teachers Retirement System now owns 108,789 shares of the company’s stock worth $1,926,000 after purchasing an additional 734 shares in the last quarter. 84.34% of the stock is currently owned by institutional investors and hedge funds.

Capri Stock Down 4.3%

Shares of NYSE:CPRI opened at $13.78 on Friday. Capri has a 1-year low of $13.61 and a 1-year high of $28.26. 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 stock has a market cap of $1.57 billion, a P/E ratio of 10.60, a P/E/G ratio of 0.31 and a beta of 1.41. The firm has a fifty day moving average price of $17.25 and a 200 day moving average price of $18.51.

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

Capri Company Profile

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.