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

Shares of Capri Holdings Limited (NYSE:CPRI) have been assigned an average rating of “Hold” from the fifteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $26.4615.

Several research analysts have weighed in on the stock. Telsey Advisory Group reiterated a “market perform” rating and issued a $23.00 price target on shares of Capri in a research report on Tuesday, February 3rd. Weiss Ratings reissued a “sell (d-)” rating on shares of Capri in a research report on Wednesday, January 21st. TD Cowen restated a “buy” rating on shares of Capri in a research note on Wednesday, February 4th. Robert W. Baird raised Capri from a “neutral” rating to an “outperform” rating and set a $26.00 target price on the stock in a report on Wednesday, February 4th. Finally, Wells Fargo & Company lowered their target price on Capri from $27.00 to $21.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 4th.

Capri Trading Down 1.8%

Capri stock opened at $18.21 on Thursday. Capri has a 52-week low of $11.86 and a 52-week high of $28.26. The company has a market cap of $2.17 billion, a P/E ratio of -4.27, a P/E/G ratio of 0.38 and a beta of 1.45. The company has a quick ratio of 0.52, a current ratio of 1.14 and a debt-to-equity ratio of 2.07. The business has a 50-day simple moving average of $21.48 and a two-hundred day simple moving average of $22.29.

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

Insider Activity at Capri

In related news, CEO John D. Idol acquired 55,000 shares of the stock in a transaction dated Wednesday, March 11th. The shares were purchased at an average cost of $17.98 per share, with a total value of $988,900.00. Following the transaction, the chief executive officer directly owned 2,257,645 shares in the company, valued at approximately $40,592,457.10. This represents a 2.50% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On Capri

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Capri during the second quarter valued at approximately $55,906,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Capri in the fourth quarter worth $53,759,000. Cartenna Capital LP bought a new stake in shares of Capri during the 3rd quarter valued at $29,382,000. Geode Capital Management LLC raised its position in shares of Capri by 42.2% during the 2nd quarter. Geode Capital Management LLC now owns 2,882,813 shares of the company’s stock valued at $51,032,000 after purchasing an additional 855,330 shares during the period. Finally, State Street Corp lifted its stake in shares of Capri by 19.3% during the 2nd quarter. State Street Corp now owns 4,479,231 shares of the company’s stock valued at $79,282,000 after buying an additional 724,967 shares in the last quarter. 84.34% of the stock is owned by hedge funds and other institutional investors.

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.