Capri Holdings Limited (NYSE:CPRI) Receives Consensus Rating of “Hold” from Analysts

Shares of Capri Holdings Limited (NYSE:CPRI) have been assigned a consensus rating of “Hold” from the fifteen research firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $26.4615.

Several brokerages have recently commented on CPRI. Wells Fargo & Company lowered their target price on shares of Capri from $27.00 to $21.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 4th. UBS Group reissued a “neutral” rating and set a $22.00 price target on shares of Capri in a research report on Wednesday, February 4th. Barclays lifted their price objective on Capri from $31.00 to $32.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of Capri in a report on Wednesday, January 21st. Finally, The Goldman Sachs Group decreased their price target on Capri from $27.00 to $24.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th.

Insider Activity

In related news, CFO Rajal Mehta sold 10,000 shares of the stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $25.96, for a total transaction of $259,600.00. Following the sale, the chief financial officer owned 741 shares in the company, valued at approximately $19,236.36. This trade represents a 93.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On Capri

A number of institutional investors have recently modified their holdings of the business. Aster Capital Management DIFC Ltd bought a new position in Capri in the third quarter valued at about $39,000. Quantbot Technologies LP bought a new stake in shares of Capri during the second quarter worth $39,000. CWM LLC lifted its stake in shares of Capri by 37.2% in the 2nd quarter. CWM LLC now owns 2,360 shares of the company’s stock valued at $42,000 after acquiring an additional 640 shares during the last quarter. Hantz Financial Services Inc. grew its position in Capri by 167.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,701 shares of the company’s stock worth $54,000 after acquiring an additional 1,691 shares during the last quarter. Finally, Root Financial Partners LLC acquired a new stake in shares of Capri during the third quarter valued at about $60,000. Institutional investors and hedge funds own 84.34% of the company’s stock.

Capri Stock Performance

CPRI opened at $22.18 on Friday. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.14 and a quick ratio of 0.52. The business has a fifty day simple moving average of $23.63 and a 200 day simple moving average of $22.50. Capri has a 1 year low of $11.86 and a 1 year high of $28.26. The company has a market capitalization of $2.64 billion, a PE ratio of -5.21, a price-to-earnings-growth ratio of 0.45 and a beta of 1.45.

Capri (NYSE:CPRI) last posted its earnings results on Tuesday, February 3rd. The company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.03. Capri had a negative return on equity of 430.23% and a negative net margin of 13.57%.The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $999.84 million. During the same quarter last year, the firm earned $0.63 earnings per share. The company’s revenue was down 4.0% on a year-over-year basis. Capri has set its FY 2026 guidance at 1.300-1.400 EPS. Research analysts expect that Capri will post 0.98 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.