Capri Holdings Limited (NYSE:CPRI) Stock Rated "Hold" by Wall Street Brokerages

Key Points

• Capri Holdings has a consensus “Hold” rating from 16 analysts: nine hold, four buy, two strong buy and one sell. The average 12-month price target is $21.80.
• Several brokerages recently cut their price targets, including Goldman Sachs to $18, Wells Fargo to $16, JPMorgan to $22 and Telsey Advisory Group to $18, while maintaining ratings ranging from neutral to overweight.
• Capri reported quarterly EPS of $0.67, beating the $0.40 consensus estimate, and revenue of $769 million versus expectations of $757.61 million. However, revenue declined 3.5% year over year, and institutional investors own 84.34% of the stock.

Capri Holdings Limited (NYSE:CPRI - Get Free Report) has been given a consensus rating of "Hold" by the sixteen ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $21.80.

CPRI has been the subject of several recent research reports. The Goldman Sachs Group lowered their price objective on Capri from $21.00 to $18.00 and set a "neutral" rating for the company in a research note on Thursday, August 6th. Robert W. Baird cut their target price on shares of Capri from $26.00 to $24.00 and set an "outperform" rating on the stock in a research report on Monday, July 27th. Wells Fargo & Company reduced their target price on shares of Capri from $20.00 to $16.00 and set an "equal weight" rating on the stock in a report on Wednesday, July 15th. 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 report on Tuesday, August 4th. Finally, 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.

Capri Stock Performance

NYSE CPRI opened at $16.00 on Friday. The firm has a 50-day moving average of $14.53 and a 200-day moving average of $17.94. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.54 and a current ratio of 1.19. The stock has a market cap of $1.82 billion, a PE ratio of 12.31, a P/E/G ratio of 0.33 and a beta of 1.35. Capri has a 52-week low of $12.40 and a 52-week high of $28.26.

Capri (NYSE:CPRI - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.67 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.27. The firm had revenue of $769.00 million for the quarter, compared to analyst estimates of $757.61 million. Capri had a return on equity of 297.36% and a net margin of 4.44%. The company's revenue for the quarter was down 3.5% on a year-over-year basis. During the same period in the prior year, the firm posted $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, sell-side analysts anticipate that Capri will post 2.11 EPS for the current year.

Institutional Trading of Capri

A number of institutional investors and hedge funds have recently bought and sold shares of CPRI. Pinnacle Wealth Planning Services Inc. bought a new stake in Capri in the third quarter valued at approximately $47,000. Evergreen Capital Management LLC acquired a new stake in Capri during the 3rd quarter valued at approximately $195,000. Sterling Capital Management LLC raised its holdings in Capri by 804.7% during the 3rd quarter. Sterling Capital Management LLC now owns 3,818 shares of the company's stock worth $54,000 after purchasing an additional 3,396 shares during the last quarter. Quadrant Capital Group LLC bought a new position in Capri during the 3rd quarter worth approximately $444,000. Finally, Counterpoint Mutual Funds LLC raised its holdings in Capri by 4.4% during the 3rd quarter. Counterpoint Mutual Funds LLC now owns 18,230 shares of the company's stock worth $257,000 after purchasing an additional 772 shares during the last quarter. 84.34% of the stock is currently owned by institutional investors and hedge funds.

Capri Company Profile

Capri Holdings Limited NYSE: CPRI is a global fashion and luxury goods company headquartered in London. The company designs, develops, markets and distributes luxury apparel, footwear, handbags, accessories, watches, jewelry and fragrances through its portfolio of fashion brands.

Capri's principal brands are Michael Kors, Versace and Jimmy Choo. Michael Kors offers a broad range of fashion and lifestyle products, including handbags, footwear, apparel, watches and accessories. Versace is known for luxury clothing, accessories, footwear, home products and fragrances, while Jimmy Choo specializes in luxury footwear, handbags, accessories and fragrances.

The company sells its products through directly operated retail stores, e-commerce platforms, wholesale partners, department stores, specialty retailers and other distribution channels.

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