Capri Holdings Limited (NYSE:CPRI) Receives Average Rating of "Hold" from Brokerages

Key Points

• Capri Holdings has a consensus “Hold” rating among 16 analysts: nine holds, five buys, one strong buy and one sell. The average 12-month price target is $21.93, though several firms recently cut targets to $16–$18.
• Shares opened at $15.33, near the company’s one-year low of $14.77, and were down 1.8%. Capri’s stock trades below both its 50-day and 200-day moving averages.
• Capri beat quarterly expectations with adjusted EPS of $0.67 versus a $0.40 consensus and revenue of $769 million, but revenue declined 3.5% year over year.

Capri Holdings Limited (NYSE:CPRI - Get Free Report) has been assigned an average rating of "Hold" from the sixteen research firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $21.9333.

A number of analysts have recently weighed in on CPRI shares. Telsey Advisory Group decreased their price target on shares of Capri from $21.00 to $18.00 and set a "market perform" rating for the company in a research report on Thursday, August 6th. TD Cowen downgraded shares of Capri from a "buy" rating to a "hold" rating and reduced their price objective for the company from $20.00 to $17.00 in a research note on Thursday, August 6th. UBS Group decreased their price objective on shares of Capri from $20.00 to $17.00 and set a "neutral" rating for the company in a report on Thursday, August 6th. Wells Fargo & Company dropped their target price on shares of Capri from $20.00 to $16.00 and set an "equal weight" rating for the company in a research report on Wednesday, July 15th. Finally, Weiss Ratings upgraded shares of Capri from a "sell (e+)" rating to a "sell (d)" rating in a research note on Thursday, May 28th.

Capri Trading Down 1.8%

NYSE:CPRI opened at $15.33 on Friday. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.54 and a current ratio of 1.19. Capri has a one year low of $14.77 and a one year high of $28.26. The business's 50-day simple moving average is $17.69 and its 200 day simple moving average is $18.79. The stock has a market cap of $1.74 billion, a price-to-earnings ratio of 11.79, a price-to-earnings-growth ratio of 0.33 and a beta of 1.41.

Capri (NYSE:CPRI - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.67 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.27. Capri had a return on equity of 297.36% and a net margin of 4.44%.The firm had revenue of $769.00 million during the quarter, compared to the consensus estimate of $757.61 million. During the same quarter in the prior year, the business posted $0.50 earnings per share. Capri's revenue for the quarter was down 3.5% on a year-over-year basis. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. As a group, sell-side analysts predict that Capri will post 2.11 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Stephen F. Reitman sold 17,981 shares of Capri stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $19.42, for a total value of $349,191.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.60% of the company's stock.

Institutional Trading of Capri

Several institutional investors have recently added to or reduced their stakes in the business. Handelsbanken Fonder AB lifted its position in shares of Capri by 85.6% in the 2nd quarter. Handelsbanken Fonder AB now owns 63,100 shares of the company's stock worth $1,172,000 after buying an additional 29,100 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Capri by 8.7% during the 2nd quarter. GAMMA Investing LLC now owns 12,274 shares of the company's stock valued at $228,000 after buying an additional 987 shares during the last quarter. Moody National Bank Trust Division raised its stake in Capri by 11.0% during the second quarter. Moody National Bank Trust Division now owns 80,599 shares of the company's stock worth $1,497,000 after acquiring an additional 7,981 shares during the period. Segall Bryant & Hamill LLC raised its stake 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 acquiring an additional 1,314,611 shares during the period. Finally, Amundi acquired a new position in Capri in the first quarter valued at approximately $307,000. Institutional investors own 84.34% of the company's stock.

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.

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