Capri Holdings Limited (NYSE:CPRI) Stock Rated “Hold” by Sell-Side Brokerages

Capri Holdings Limited (NYSE:CPRI) has received a consensus recommendation of “Hold” from the sixteen analysts that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, four have issued a buy rating and two have issued a strong buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $22.53.

A number of research firms recently weighed in on CPRI. BTIG Research reduced their price objective on shares of Capri from $30.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Wells Fargo & Company increased their target price on Capri from $16.00 to $18.00 and gave the stock an “equal weight” rating in a research report on Monday. The Goldman Sachs Group raised their price target on Capri from $18.00 to $20.00 and gave the stock a “neutral” rating in a report on Monday. TD Cowen assumed coverage on Capri in a research report on Friday, October 30th. They issued a “hold” rating for the company. Finally, UBS Group lifted their price target on Capri from $17.00 to $19.00 and gave the company a “neutral” rating in a research report on Monday.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Cooper Creek Partners Management LLC purchased a new stake in shares of Capri in the first quarter worth $23,784,000. Segall Bryant & Hamill LLC grew its position in Capri by 92.6% during the first quarter. Segall Bryant & Hamill LLC now owns 2,734,735 shares of the company’s stock worth $48,186,000 after buying an additional 1,314,611 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Capri by 34.7% during the first quarter. Dimensional Fund Advisors LP now owns 2,165,618 shares of the company’s stock worth $38,154,000 after buying an additional 557,955 shares in the last quarter. Renaissance Technologies LLC bought a new position in Capri in the 1st quarter worth about $7,695,000. Finally, SummitTX Capital L.P. increased its stake in Capri by 222.3% in the 1st quarter. SummitTX Capital L.P. now owns 569,054 shares of the company’s stock worth $10,027,000 after acquiring an additional 392,517 shares during the last quarter. Institutional investors own 84.34% of the company’s stock.

Capri Price Performance

Shares of NYSE:CPRI opened at $21.16 on Friday. The company has a quick ratio of 0.50, a current ratio of 1.18 and a debt-to-equity ratio of 6.31. The firm has a market capitalization of $2.19 billion, a PE ratio of 10.01, a P/E/G ratio of 0.44 and a beta of 1.27. Capri has a twelve month low of $12.40 and a twelve month high of $28.26. The company has a 50-day moving average price of $15.19 and a two-hundred day moving average price of $17.81.

Capri (NYSE:CPRI) last posted its earnings results on Friday, October 30th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.21. Capri had a net margin of 6.12% and a return on equity of 242.96%. The firm had revenue of $809.00 million during the quarter, compared to the consensus estimate of $786.55 million. During the same quarter last year, the company earned ($0.03) earnings per share. The company’s revenue was down 5.5% on a year-over-year basis. Equities analysts forecast that Capri will post 2.18 EPS for the current year.

Key Capri News

Here are the key news stories impacting Capri this week:

• Positive Sentiment: Investors are reacting to Capri’s raised 2027 guidance, a sign management sees improving prospects. How Investors Are Reacting To Capri Holdings Raised 2027 Guidance
• Positive Sentiment: Analyst actions point to confidence in potential upside: Goldman Sachs raised its price target, while Wells Fargo and Barclays forecast strong appreciation. Goldman Sachs price target increase Wells Fargo forecast Barclays forecast
• Positive Sentiment: Recent earnings beat expectations, and Capri’s shares gained 32% in October amid optimism that its turnaround is gaining traction. The company’s latest reported quarter also exceeded consensus estimates for earnings and revenue. Shares up following earnings beat Why Capri stock popped in October
• Neutral Sentiment: Recent articles describe CPRI as a potential value stock after a steep decline, but these are valuation-oriented assessments rather than new company developments. Capri stock looks like a bargain Capri as a value stock
• Negative Sentiment: Michael Kors continues to face declining revenue, although management expects the brand to return to growth. Capri’s reported quarterly revenue was also down year over year, tempering the turnaround story. Capri turnaround and Michael Kors revenue

Capri Company Profile

Capri Holdings Limited (NYSE: CPRI) is a global fashion and luxury goods company headquartered in London. The company designs, develops, markets and distributes luxury apparel, footwear, handbags, accessories, watches, jewelry and fragrances through its portfolio of fashion brands.

Capri’s principal brands are Michael Kors, Versace and Jimmy Choo. Michael Kors offers a broad range of fashion and lifestyle products, including handbags, footwear, apparel, watches and accessories. Versace is known for luxury clothing, accessories, footwear, home products and fragrances, while Jimmy Choo specializes in luxury footwear, handbags, accessories and fragrances.

The company sells its products through directly operated retail stores, e-commerce platforms, wholesale partners, department stores, specialty retailers and other distribution channels.