Telsey Advisory Group Has Weak Outlook for Capri Q2 Earnings

Capri Holdings Limited (NYSE:CPRI - Free Report) - Equities researchers at Telsey Advisory Group reduced their Q2 2026 EPS estimates for shares of Capri in a research note issued on Thursday, May 29th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings of $0.29 per share for the quarter, down from their previous forecast of $0.32. 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 FY2027 earnings at $1.70 EPS.

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

A number of other equities analysts also recently issued reports on CPRI. Wells Fargo & Company lowered their price target on Capri from $30.00 to $25.00 and set an "overweight" rating for the company in a report on Friday, April 11th. Robert W. Baird lowered their target price on shares of Capri from $26.00 to $18.00 and set a "neutral" rating for the company in a report on Friday, April 11th. Guggenheim restated a "buy" rating and issued a $30.00 target price on shares of Capri in a report on Wednesday, February 12th. Wall Street Zen downgraded shares of Capri from a "hold" rating to a "sell" rating in a research note on Saturday. Finally, Bank of America initiated coverage on Capri in a report on Monday, February 10th. They set a "neutral" rating and a $23.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, Capri has an average rating of "Hold" and an average target price of $22.50.

Capri Stock Down 2.0%

Shares of NYSE:CPRI traded down $0.37 on Friday, hitting $18.14. 3,286,106 shares of the company's stock were exchanged, compared to its average volume of 3,306,285. The firm's 50-day moving average is $16.33 and its 200 day moving average is $20.06. The company has a market capitalization of $2.14 billion, a PE ratio of -2.12, a P/E/G ratio of 7.80 and a beta of 1.64. Capri has a 1-year low of $11.86 and a 1-year high of $43.34. 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

Several hedge funds and other institutional investors have recently bought and sold shares of CPRI. Farther Finance Advisors LLC grew its holdings in shares of Capri by 758.1% during the first quarter. Farther Finance Advisors LLC now owns 1,433 shares of the company's stock worth $28,000 after buying an additional 1,266 shares during the last quarter. Banque Cantonale Vaudoise purchased a new position in shares of Capri in the 1st quarter valued at approximately $29,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Capri in the 1st quarter valued at approximately $30,000. UMB Bank n.a. grew its stake in shares of Capri by 134.9% in the 1st quarter. UMB Bank n.a. now owns 1,776 shares of the company's stock valued at $35,000 after purchasing an additional 1,020 shares during the last quarter. Finally, Twin Tree Management LP purchased a new position in shares of Capri in the 4th quarter valued at approximately $45,000. 84.34% of the stock is owned by hedge funds and other institutional investors.

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.