Capri Holdings Limited (NYSE:CPRI) Stock Has Consensus Target Price of $21.93

Key Points

• Analysts rate Capri Holdings “Hold” overall, with nine hold, five buy, one strong-buy and one sell rating. The consensus 12-month price target is $21.93, versus the stock’s reported opening price of $14.45.
• Recent analyst actions were mixed but generally cautious: Barclays and BTIG maintained positive ratings while cutting targets, whereas TD Cowen downgraded Capri to “Hold” and lowered its target to $17.
• Capri beat quarterly expectations with $0.67 in EPS and $769 million in revenue, although revenue fell 3.5% year over year. Institutional investors own a substantial 84.34% of the company.

Shares of Capri Holdings Limited (NYSE:CPRI - Get Free Report) have been assigned a consensus 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 issued a hold rating, five have assigned a buy rating and one has assigned 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 $21.93.

A number of brokerages recently commented on CPRI. Barclays decreased their price target 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. Wall Street Zen upgraded shares of Capri from a "hold" rating to a "buy" rating in a research report on Saturday, September 5th. TD Cowen cut Capri from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $20.00 to $17.00 in a report on Thursday, August 6th. Jefferies Financial Group reaffirmed a "hold" rating on shares of Capri in a research report on Tuesday, September 22nd. Finally, BTIG Research lowered their target price on Capri from $30.00 to $25.00 and set a "buy" rating on the stock in a research note on Thursday, August 6th.

Institutional Investors Weigh In On Capri

A number of hedge funds and other institutional investors have recently modified their holdings of CPRI. Segall Bryant & Hamill LLC grew its stake in shares of Capri by 92.6% in the first quarter. Segall Bryant & Hamill LLC now owns 2,734,735 shares of the company's stock valued at $48,186,000 after acquiring an additional 1,314,611 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Capri by 34.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,165,618 shares of the company's stock valued at $38,154,000 after purchasing an additional 557,955 shares during the period. Norges Bank bought a new stake in Capri in the 4th quarter valued at about $50,228,000. Cooper Creek Partners Management LLC acquired a new position in shares of Capri during the 1st quarter worth approximately $23,784,000. Finally, Allspring Global Investments Holdings LLC grew its position in shares of Capri by 15.6% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 640,980 shares of the company's stock worth $11,518,000 after purchasing an additional 86,361 shares in the last quarter. Institutional investors and hedge funds own 84.34% of the company's stock.

Capri Stock Up 0.1%

CPRI opened at $14.45 on Monday. Capri has a 1-year low of $12.40 and a 1-year high of $28.26. The stock's fifty day simple moving average is $14.53 and its 200 day simple moving average is $17.21. The company has a current ratio of 1.19, a quick ratio of 0.54 and a debt-to-equity ratio of 2.27. The stock has a market cap of $1.64 billion, a PE ratio of 11.12, a price-to-earnings-growth ratio of 0.31 and a beta of 1.35.

Capri (NYSE:CPRI - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.67 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.27. Capri had a net margin of 4.44% and a return on equity of 297.36%. The firm had revenue of $769.00 million during the quarter, compared to analysts' expectations of $757.61 million. During the same period in the previous year, the business posted $0.50 earnings per share. The company's revenue for the quarter was down 3.5% compared to the same quarter last year. 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, research analysts expect that Capri will post 2.11 earnings per share for the current year.

About Capri

Capri Holdings Limited is a global luxury fashion company whose portfolio has historically included the Michael Kors, Versace and Jimmy Choo brands. The company develops, markets and distributes luxury apparel, accessories, footwear, handbags, watches, jewelry, fragrances and related lifestyle products.

Michael Kors offers American sportswear and accessories, while Jimmy Choo is known for luxury footwear, handbags and accessories. Versace has been associated with Italian luxury fashion, including apparel, accessories, footwear, home goods and fragrances.

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