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

Capri Holdings Limited (NYSE:CPRI) has earned a consensus rating of “Hold” from the sixteen brokerages that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, eight have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $24.7857.

Several research firms have commented on CPRI. Telsey Advisory Group lowered their target price on shares of Capri from $23.00 to $21.00 and set a “market perform” rating on the stock in a research report on Thursday, May 28th. Wells Fargo & Company dropped their price objective on Capri from $21.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Thursday. Raymond James Financial reiterated an “outperform” rating and issued a $22.00 price objective on shares of Capri in a research note on Thursday. UBS Group dropped their price objective on Capri from $22.00 to $20.00 and set a “neutral” rating on the stock in a research note on Thursday. Finally, Weiss Ratings raised Capri from a “sell (e+)” rating to a “sell (d)” rating in a research report on Thursday.

Capri Trading Down 0.3%

NYSE CPRI opened at $18.45 on Tuesday. Capri has a 1-year low of $16.22 and a 1-year high of $28.26. 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 capitalization of $2.13 billion, a PE ratio of 16.18, a price-to-earnings-growth ratio of 0.35 and a beta of 1.40. The firm’s fifty day simple moving average is $18.79 and its 200-day simple moving average is $21.47.

Capri (NYSE:CPRI) last posted its quarterly earnings results on Wednesday, May 27th. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.11. Capri had a net margin of 3.94% and a return on equity of 664.22%. The business had revenue of $796.00 million for the quarter, compared to the consensus estimate of $800.04 million. During the same period in the prior year, the business posted ($4.90) earnings per share. Capri’s revenue for the quarter was down 23.1% compared to the same quarter last year. Capri has set its FY 2027 guidance at 2.150-2.150 EPS and its Q1 2027 guidance at 0.400-0.400 EPS. As a group, sell-side analysts anticipate that Capri will post 2.02 earnings per share for the current fiscal year.

Insiders Place Their Bets

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

Institutional Investors Weigh In On Capri

A number of institutional investors have recently added to or reduced their stakes in CPRI. Royal Bank of Canada boosted its holdings in Capri by 70.0% during the first quarter. Royal Bank of Canada now owns 380,838 shares of the company’s stock valued at $7,514,000 after purchasing an additional 156,757 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of Capri by 48.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 20,120 shares of the company’s stock valued at $397,000 after acquiring an additional 6,595 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Capri by 13.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,034 shares of the company’s stock valued at $218,000 after acquiring an additional 1,313 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Capri by 22.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 764,509 shares of the company’s stock valued at $15,084,000 after buying an additional 139,809 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Capri by 23.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 422,561 shares of the company’s stock valued at $8,337,000 after buying an additional 80,928 shares in the last quarter. 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.