Brokers Set Expectations for Capri's Q2 Earnings (NYSE:CPRI)

Capri Holdings Limited (NYSE:CPRI - Free Report) - Equities research analysts at Telsey Advisory Group lowered their Q2 2026 earnings per share estimates for Capri in a report released on Thursday, May 29th. Telsey Advisory Group analyst D. Telsey now anticipates that the company will earn $0.29 per share for the quarter, down from their prior estimate of $0.32. Telsey Advisory Group has a "Market Perform" rating and a $20.00 price target 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 FY2027 earnings at $1.70 EPS.

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

Several other brokerages also recently commented on CPRI. Bank of America assumed coverage on Capri in a report on Monday, February 10th. They set a "neutral" rating and a $23.00 price target on the stock. Wall Street Zen cut Capri from a "hold" rating to a "sell" rating in a research report on Saturday. Wells Fargo & Company reduced their target price 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 reduced their target price on Capri from $26.00 to $18.00 and set a "neutral" rating for the company in a research report on Friday, April 11th. Finally, Barclays cut their price objective on Capri from $19.00 to $13.00 and set an "equal weight" rating for the company in a report on Thursday, April 10th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $22.50.

Capri Stock Performance

CPRI stock traded up $0.12 during midday trading on Friday, hitting $17.52. 817,409 shares of the company traded hands, compared to its average volume of 3,863,390. Capri has a twelve month low of $11.86 and a twelve month high of $43.34. The company has a quick ratio of 0.59, a current ratio of 1.21 and a debt-to-equity ratio of 1.36. The business has a 50 day simple moving average of $16.26 and a 200-day simple moving average of $20.03. The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of -2.05, a price-to-earnings-growth ratio of 7.80 and a beta of 1.64.

Hedge Funds Weigh In On Capri

Several institutional investors have recently modified their holdings of CPRI. Janney Montgomery Scott LLC grew its position in shares of Capri by 174.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 21,670 shares of the company's stock worth $456,000 after buying an additional 13,785 shares during the period. Exchange Traded Concepts LLC grew its position in shares of Capri by 3.0% during the 4th quarter. Exchange Traded Concepts LLC now owns 21,767 shares of the company's stock worth $458,000 after buying an additional 643 shares during the period. KBC Group NV grew its position in shares of Capri by 63.9% during the 4th quarter. KBC Group NV now owns 5,039 shares of the company's stock worth $106,000 after buying an additional 1,965 shares during the period. Patriot Financial Group Insurance Agency LLC grew its position in shares of Capri by 57.7% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 15,774 shares of the company's stock worth $332,000 after buying an additional 5,769 shares during the period. Finally, ARGA Investment Management LP grew its position in shares of Capri by 149.4% during the 4th quarter. ARGA Investment Management LP now owns 227,957 shares of the company's stock worth $4,801,000 after buying an additional 136,556 shares during the period. 84.34% of the stock is currently owned by institutional investors and hedge funds.

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.