UBS Group Has Lowered Expectations for Capri (NYSE:CPRI) Stock Price

Capri (NYSE:CPRI) had its target price dropped by equities research analysts at UBS Group from $20.00 to $17.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price objective would suggest a potential upside of 11.88% from the stock’s current price.

Several other brokerages have also issued reports on CPRI. BTIG Research cut their price target on Capri from $30.00 to $25.00 and set a “buy” rating on the stock in a report on Thursday. The Goldman Sachs Group cut their target price on Capri from $21.00 to $18.00 and set a “neutral” rating on the stock in a report on Thursday. JPMorgan Chase & Co. decreased their price target on shares of Capri from $29.00 to $22.00 and set an “overweight” rating for the company in a research note on Tuesday. Telsey Advisory Group dropped their price objective on shares of Capri from $21.00 to $18.00 and set a “market perform” rating on the stock in a research note on Thursday. Finally, Wells Fargo & Company reduced their price objective on shares of Capri from $20.00 to $16.00 and set an “equal weight” rating for the company in a report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $21.93.

Capri Stock Down 5.1%

NYSE CPRI traded down $0.82 on Thursday, hitting $15.20. 2,889,436 shares of the company were exchanged, compared to its average volume of 3,168,094. The company has a current ratio of 1.21, a quick ratio of 0.60 and a debt-to-equity ratio of 4.08. The company has a market cap of $1.74 billion, a PE ratio of 13.35, a PEG ratio of 0.30 and a beta of 1.41. The stock has a fifty day moving average of $18.16 and a 200-day moving average of $19.21. Capri has a 12 month low of $15.16 and a 12 month high of $28.26.

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. The firm had revenue of $769.00 million for the quarter, compared to analyst estimates of $756.25 million. Capri had a net margin of 3.94% and a return on equity of 664.22%. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.50 earnings per share. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. As a group, analysts forecast that Capri will post 2.06 earnings per share for the current year.

Insider Activity at Capri

In other Capri news, Director Stephen F. Reitman sold 17,981 shares of Capri stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $19.42, for a total transaction of $349,191.02. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 2.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Capri

Institutional investors and hedge funds have recently modified their holdings of the business. Measured Wealth Private Client Group LLC boosted its position in Capri by 299.7% in the first quarter. Measured Wealth Private Client Group LLC now owns 1,523 shares of the company’s stock worth $27,000 after purchasing an additional 1,142 shares during the last quarter. Quantbot Technologies LP bought a new position in Capri in the 2nd quarter valued at $39,000. Caitong International Asset Management Co. Ltd increased its position in shares of Capri by 273.9% during the 4th 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 bought a new stake in shares of Capri during the 4th quarter worth $77,000. Finally, Hantz Financial Services Inc. boosted its holdings in shares of Capri by 57.9% in the 4th quarter. Hantz Financial Services Inc. now owns 4,266 shares of the company’s stock worth $104,000 after buying an additional 1,565 shares during the last quarter. 84.34% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Capri

Here are the key news stories impacting Capri this week:

• Positive Sentiment: Capri reported fiscal first-quarter EPS of $0.67, well above the $0.40 consensus estimate, while revenue of $769 million also exceeded expectations of $756.25 million. EPS increased from $0.50 in the prior-year quarter. Capri Holdings Surpasses Q1 Earnings and Revenue Estimates
• Neutral Sentiment: BTIG Research maintained a Buy rating but reduced its price target from $30 to $25, leaving substantial implied upside. The target cut nevertheless signals more cautious expectations following the results. The Fly analyst update
• Neutral Sentiment: Goldman Sachs lowered its target from $21 to $18 and changed its rating to Neutral. Telsey Advisory Group also cut its target from $21 to $18 while retaining a Market Perform rating, reflecting limited conviction despite targets remaining above the current share price. Benzinga analyst updates
• Negative Sentiment: Capri’s second-quarter fiscal 2027 outlook fell well short of consensus: EPS guidance of $0.20 versus $0.45 expected and revenue guidance of $780 million versus $857 million. Full-year revenue guidance of approximately $3.4 billion was also below the $3.5 billion consensus, although full-year EPS guidance of $2.15 was slightly above estimates. Capri cuts annual revenue forecast
• Negative Sentiment: Management cited inventory delays at Michael Kors and softer demand for higher-priced handbags and accessories in some markets. Revenue declined 3.5% year over year, reinforcing concerns that the brand’s weakness could weigh on Capri’s recovery. Capri falls after Michael Kors drags on results

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.