Capri Holdings Limited (NYSE:CPRI) Given Average Rating of "Hold" by Analysts

Key Points

• Analysts have a consensus “Hold” rating on Capri Holdings, with nine holds, five buys, one strong buy and one sell among 16 analysts. The average 12-month price target is $21.93.
• Recent analyst actions were mixed but generally cautious, with several firms cutting price targets; targets now range from $17 to $24, while ratings include neutral, hold, overweight and outperform.
• Capri exceeded quarterly expectations, reporting $0.67 EPS versus the $0.40 consensus and $769 million in revenue, although sales declined 3.5% year over year. Shares opened at $12.74, near their 52-week low of $12.56.

Shares of Capri Holdings Limited (NYSE:CPRI - Get Free Report) have earned a consensus recommendation of "Hold" from the sixteen analysts that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation, five have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $21.9333.

CPRI has been the topic of a number of research reports. UBS Group dropped their target price on shares of Capri from $20.00 to $17.00 and set a "neutral" rating on the stock in a report on Thursday, August 6th. JPMorgan Chase & Co. decreased their price target on shares of Capri from $29.00 to $22.00 and set an "overweight" rating for the company in a research note on Tuesday, August 4th. TD Cowen cut shares of Capri from a "buy" rating to a "hold" rating and lowered their price target for the company from $20.00 to $17.00 in a research report on Thursday, August 6th. Barclays dropped their price objective on shares of Capri from $20.00 to $19.00 and set an "overweight" rating on the stock in a research note on Thursday, August 6th. Finally, Robert W. Baird cut their price objective on shares of Capri from $26.00 to $24.00 and set an "outperform" rating on the stock in a report on Monday, July 27th.

Capri Stock Performance

Shares of CPRI opened at $12.74 on Thursday. The company has a 50-day simple moving average of $15.46 and a two-hundred day simple moving average of $17.79. The company has a debt-to-equity ratio of 2.27, a current ratio of 1.19 and a quick ratio of 0.54. The firm has a market capitalization of $1.45 billion, a PE ratio of 9.80, a price-to-earnings-growth ratio of 0.28 and a beta of 1.38. Capri has a one year low of $12.56 and a one year high of $28.26.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Measured Wealth Private Client Group LLC grew its stake in shares of Capri by 299.7% in the first quarter. Measured Wealth Private Client Group LLC now owns 1,523 shares of the company's stock worth $27,000 after acquiring an additional 1,142 shares during the last quarter. Quantbot Technologies LP purchased a new position in shares of Capri in the 2nd quarter worth about $39,000. Caitong International Asset Management Co. Ltd boosted its stake in Capri by 273.9% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,236 shares of the company's stock worth $55,000 after purchasing an additional 1,638 shares in the last quarter. MidFirst Bank bought a new position in Capri in the 4th quarter worth about $77,000. Finally, Hantz Financial Services Inc. grew its position in Capri by 57.9% during the 4th quarter. Hantz Financial Services Inc. now owns 4,266 shares of the company's stock valued at $104,000 after purchasing an additional 1,565 shares during the last quarter. Institutional investors own 84.34% of the company's stock.

Capri Company Profile

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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