Capri’s (CPRI) Buy Rating Reiterated at BTIG Research

BTIG Research reiterated their buy rating on shares of Capri (NYSE:CPRI) in a research report sent to investors on Friday morning,Benzinga reports. The brokerage currently has a $30.00 target price on the stock.

Several other research analysts also recently commented on the company. Jefferies Financial Group began coverage on Capri in a report on Wednesday, January 14th. They set a “hold” rating and a $24.00 price objective on the stock. Telsey Advisory Group restated a “market perform” rating and set a $23.00 price target on shares of Capri in a research note on Tuesday, January 27th. Raymond James Financial upgraded Capri from a “market perform” rating to an “outperform” rating and set a $25.00 price objective for the company in a report on Tuesday, October 21st. Barclays initiated coverage on shares of Capri in a report on Wednesday, December 3rd. They set an “overweight” rating and a $31.00 target price on the stock. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $27.00 price target (up previously from $25.00) on shares of Capri in a research report on Tuesday, December 16th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $27.50.

Capri Trading Down 1.7%

NYSE CPRI opened at $22.57 on Friday. The stock has a market cap of $2.69 billion, a PE ratio of -2.30, a PEG ratio of 0.44 and a beta of 1.45. Capri has a 12 month low of $11.86 and a 12 month high of $28.26. The company’s 50-day moving average price is $25.20 and its 200-day moving average price is $22.35.

Capri (NYSE:CPRI) last released its quarterly earnings data on Tuesday, November 4th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.17). The company had revenue of $856.00 million during the quarter, compared to analysts’ expectations of $825.74 million. Capri had a negative net margin of 29.55% and a negative return on equity of 138.53%. Capri has set its Q3 2026 guidance at 0.700-0.80 EPS and its FY 2026 guidance at 1.200-1.400 EPS. As a group, sell-side analysts forecast that Capri will post 0.98 earnings per share for the current year.

Insider Transactions at Capri

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in CPRI. Royal Bank of Canada increased its position in Capri by 70.0% during the 1st quarter. Royal Bank of Canada now owns 380,838 shares of the company’s stock valued at $7,514,000 after buying an additional 156,757 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of Capri by 48.8% during the first quarter. Integrated Wealth Concepts LLC now owns 20,120 shares of the company’s stock worth $397,000 after acquiring an additional 6,595 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Capri by 13.5% during the first 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 in the last quarter. Goldman Sachs Group Inc. raised 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 purchasing an additional 139,809 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised 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 purchasing an additional 80,928 shares during the last quarter. 84.34% of the stock is currently owned by hedge funds and other institutional investors.

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.