Telsey Advisory Group Reduces Earnings Estimates for Capri

Capri Holdings Limited (NYSE:CPRI - Free Report) - Investment analysts at Telsey Advisory Group reduced their Q1 2026 EPS estimates for shares of Capri in a note issued to investors on Thursday, May 29th. Telsey Advisory Group analyst D. Telsey now expects that the company will post earnings of $0.12 per share for the quarter, down from their previous estimate of $0.22. Telsey Advisory Group has a "Market Perform" rating and a $20.00 price objective on the stock. The consensus estimate for Capri's current full-year earnings is $0.98 per share. Telsey Advisory Group also issued estimates for Capri's Q3 2026 earnings at $0.66 EPS, Q4 2026 earnings at $0.25 EPS and FY2026 earnings at $1.33 EPS.

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

Other equities research analysts also recently issued research reports about the stock. UBS Group increased their target price on shares of Capri from $14.00 to $18.00 and gave the stock a "neutral" rating in a research report on Thursday, May 29th. Wells Fargo & Company reduced 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. Robert W. Baird lowered their target price on Capri from $26.00 to $18.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. Barclays cut their price target on Capri from $19.00 to $13.00 and set an "equal weight" rating for the company in a research note on Thursday, April 10th. Finally, Wall Street Zen lowered Capri from a "hold" rating to a "sell" rating in a report on Saturday. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $22.50.

Capri Stock Up 1.8%

Shares of CPRI stock traded up $0.31 during trading on Monday, hitting $17.71. 2,282,485 shares of the company were exchanged, compared to its average volume of 3,878,014. The business's 50-day simple moving average is $16.26 and its 200 day simple moving average is $20.03. Capri has a twelve month low of $11.86 and a twelve month high of $43.34. The firm has a market capitalization of $2.09 billion, a price-to-earnings ratio of -2.07, a P/E/G ratio of 7.80 and a beta of 1.64. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 1.21.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. SWS Partners increased its position in Capri by 2.5% during the first quarter. SWS Partners now owns 71,484 shares of the company's stock worth $1,410,000 after acquiring an additional 1,763 shares during the period. Bayforest Capital Ltd lifted its position in shares of Capri by 569.1% in the 1st quarter. Bayforest Capital Ltd now owns 35,330 shares of the company's stock worth $697,000 after acquiring an additional 30,050 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Capri by 23.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 422,561 shares of the company's stock worth $8,337,000 after purchasing an additional 80,928 shares in the last quarter. Woodline Partners LP acquired a new stake in shares of Capri during the 1st quarter worth approximately $11,502,000. Finally, Goldman Sachs Group Inc. increased its position in shares of Capri by 22.4% during the first quarter. Goldman Sachs Group Inc. now owns 764,509 shares of the company's stock valued at $15,084,000 after purchasing an additional 139,809 shares during the period. Institutional investors and hedge funds own 84.34% of the company's stock.

About Capri

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.