Capri (NYSE:CPRI) Stock Rating Upgraded by Wall Street Zen

Capri (NYSE:CPRI) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday, Wall Street Zen reports.

A number of other research firms also recently weighed in on CPRI. TD Cowen downgraded Capri from a “buy” rating to a “hold” rating and decreased their price target for the company from $20.00 to $17.00 in a research note on Thursday, August 6th. Weiss Ratings reiterated a “sell (d)” rating on shares of Capri in a research note on Tuesday, August 25th. UBS Group cut their price objective on Capri from $20.00 to $17.00 and set a “neutral” rating for the company in a report on Thursday, August 6th. Telsey Advisory Group decreased 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 note on Thursday, August 6th. Finally, Wells Fargo & Company lowered their target price on shares of Capri from $20.00 to $16.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $21.93.

Capri Trading Up 0.3%

Shares of NYSE:CPRI opened at $13.60 on Friday. The company’s 50-day moving average price is $15.79 and its two-hundred day moving average price is $17.95. Capri has a one year low of $12.56 and a one 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 capitalization of $1.55 billion, a PE ratio of 10.46, a price-to-earnings-growth ratio of 0.29 and a beta of 1.38.

Capri (NYSE:CPRI) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.27. Capri had a return on equity of 297.36% and a net margin of 4.44%.The company had revenue of $769.00 million during the quarter, compared to analysts’ expectations of $757.61 million. During the same quarter last year, the company earned $0.50 EPS. Capri’s revenue for the quarter 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 analysts forecast that Capri will post 2.11 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CPRI. Measured Wealth Private Client Group LLC lifted its holdings in Capri by 299.7% during the 1st quarter. Measured Wealth Private Client Group LLC now owns 1,523 shares of the company’s stock valued at $27,000 after purchasing an additional 1,142 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of Capri in the second quarter valued at $39,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of Capri by 273.9% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,236 shares of the company’s stock valued at $55,000 after purchasing an additional 1,638 shares during the last quarter. MidFirst Bank acquired a new position in shares of Capri in the fourth quarter valued at $77,000. Finally, Hantz Financial Services Inc. raised its position in shares of Capri by 57.9% in the fourth 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. 84.34% of the stock is owned by institutional investors and hedge funds.

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.