Telsey Advisory Group Reaffirms Market Perform Rating for Capri (NYSE:CPRI)

Capri (NYSE:CPRI - Get Free Report)'s stock had its "market perform" rating reissued by equities research analysts at Telsey Advisory Group in a report issued on Wednesday, Marketbeat reports. They currently have a $20.00 price objective on the stock, up from their prior price objective of $17.00. Telsey Advisory Group's price target would indicate a potential upside of 10.25% from the stock's previous close. Telsey Advisory Group also issued estimates for Capri's Q2 2026 earnings at $0.29 EPS and FY2027 earnings at $1.70 EPS.

Several other research analysts have also weighed in on the stock. Wall Street Zen raised shares of Capri from a "sell" rating to a "hold" rating in a research note on Friday, February 7th. Jefferies Financial Group lifted their price target on shares of Capri from $20.00 to $23.00 and gave the stock a "hold" rating in a research report on Tuesday, January 28th. Robert W. Baird lowered their price objective on shares of Capri from $26.00 to $18.00 and set a "neutral" rating for the company in a research report on Friday, April 11th. Wells Fargo & Company reduced their target price on Capri from $30.00 to $25.00 and set an "overweight" rating on the stock in a report on Friday, April 11th. Finally, Bank of America began coverage on Capri in a research note on Monday, February 10th. They issued a "neutral" rating and a $23.00 target price for the company. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, Capri presently has an average rating of "Hold" and a consensus price target of $22.50.

Capri Price Performance

CPRI stock traded down $0.37 during midday trading on Wednesday, reaching $18.14. 3,286,106 shares of the company's stock traded hands, compared to its average volume of 3,306,285. The company has a 50-day simple moving average of $16.33 and a two-hundred day simple moving average of $20.06. The company has a quick ratio of 0.59, a current ratio of 1.21 and a debt-to-equity ratio of 1.36. Capri has a 1-year low of $11.86 and a 1-year high of $43.34. The company has a market cap of $2.14 billion, a price-to-earnings ratio of -2.12, a PEG ratio of 7.80 and a beta of 1.64.

Capri (NYSE:CPRI - Get Free Report) last posted its quarterly earnings data on Wednesday, May 28th. The company reported ($4.90) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($5.12). The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $989.05 million. Capri had a positive return on equity of 12.89% and a negative net margin of 21.79%. The firm's quarterly revenue was down 15.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.42 EPS. On average, analysts anticipate that Capri will post 0.98 earnings per share for the current year.

Institutional Trading of Capri

Several hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC raised its stake in shares of Capri by 758.1% during the 1st quarter. Farther Finance Advisors LLC now owns 1,433 shares of the company's stock valued at $28,000 after purchasing an additional 1,266 shares during the period. Banque Cantonale Vaudoise purchased a new position in Capri during the first quarter valued at approximately $29,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in Capri during the first quarter valued at approximately $30,000. UMB Bank n.a. grew its stake in Capri by 134.9% during the first quarter. UMB Bank n.a. now owns 1,776 shares of the company's stock valued at $35,000 after acquiring an additional 1,020 shares in the last quarter. Finally, Twin Tree Management LP purchased a new position in Capri during the fourth quarter valued at approximately $45,000. 84.34% of the stock is currently owned by institutional investors.

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.