Capri (NYSE:CPRI) Announces Earnings Results

Capri (NYSE:CPRI - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported ($4.90) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($5.12), RTT News reports. Capri had a negative net margin of 21.79% and a positive return on equity of 12.89%. The company had revenue of $1.04 billion during the quarter, compared to analysts' expectations of $989.05 million. During the same quarter in the prior year, the business posted $0.42 earnings per share. The company's revenue was down 15.4% compared to the same quarter last year. Capri updated its Q1 2026 guidance to 0.100-0.150 EPS and its FY 2026 guidance to 1.200-1.400 EPS.

Capri Stock Performance

NYSE CPRI traded down $0.37 during trading hours on Friday, reaching $18.14. The stock had a trading volume of 3,286,106 shares, compared to its average volume of 3,299,322. The stock has a fifty day moving average of $16.33 and a 200 day moving average of $20.06. The stock has a market cap of $2.14 billion, a P/E ratio of -2.12, a price-to-earnings-growth ratio of 7.80 and a beta of 1.64. Capri has a 52-week low of $11.86 and a 52-week high of $43.34. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 1.21.

Analysts Set New Price Targets

CPRI has been the topic of a number of analyst reports. Wall Street Zen upgraded Capri from a "sell" rating to a "hold" rating in a report on Friday, February 7th. Barclays lowered their price objective on Capri from $19.00 to $13.00 and set an "equal weight" rating for the company in a research report on Thursday, April 10th. Bank of America started coverage on Capri in a research report on Monday, February 10th. They issued a "neutral" rating and a $23.00 price objective for the company. Wells Fargo & Company lowered their price objective on Capri from $30.00 to $25.00 and set an "overweight" rating for the company in a research report on Friday, April 11th. Finally, UBS Group raised their price objective on Capri from $14.00 to $18.00 and gave the stock a "neutral" rating in a research report on Thursday. Nine equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $22.50.

Institutional Investors Weigh In On Capri

Large investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Capri by 13.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,034 shares of the company's stock valued at $218,000 after buying an additional 1,313 shares during the last quarter. Integrated Wealth Concepts LLC boosted its position in Capri by 48.8% in the first quarter. Integrated Wealth Concepts LLC now owns 20,120 shares of the company's stock valued at $397,000 after buying an additional 6,595 shares during the last quarter. Royal Bank of Canada boosted its position in Capri by 70.0% in the first 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 during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Capri by 23.7% in the first 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 during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in Capri by 22.4% in the first 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 during the last quarter. Hedge funds and other institutional investors own 84.34% of the company's stock.

Capri Company Profile

Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as well as through e-commerce sites.