Telsey Advisory Group Lifts Earnings Estimates for Capri

Key Points

• The Telsey Advisory Group has raised its FY2026 earnings estimates for Capri Holdings Limited to $1.35 per share, up from the previous estimate of $1.33.
• Capri reported $0.50 earnings per share for the last quarter, significantly exceeding analysts' expectations of $0.13 EPS, despite a 6.0% decline in revenue year-over-year.
• The consensus rating for Capri stock is currently "Hold", with a target price of $23.33 based on analyst recommendations.

Capri Holdings Limited (NYSE:CPRI - Free Report) - Equities research analysts at Telsey Advisory Group increased their FY2026 earnings estimates for Capri in a report released on Thursday, August 7th. Telsey Advisory Group analyst D. Telsey now expects that the company will post earnings per share of $1.35 for the year, up from their previous forecast of $1.33. Telsey Advisory Group has a "Market Perform" rating and a $22.00 price target on the stock. The consensus estimate for Capri's current full-year earnings is $0.98 per share.

Capri (NYSE:CPRI - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.37. Capri had a negative net margin of 26.73% and a negative return on equity of 53.50%. The business had revenue of $797.00 million for the quarter, compared to analyst estimates of $773.18 million. During the same period in the previous year, the company earned $0.04 earnings per share. The business's revenue for the quarter was down 6.0% on a year-over-year basis.

Other equities research analysts also recently issued reports about the stock. Wall Street Zen upgraded shares of Capri from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. UBS Group boosted their target price on shares of Capri from $18.00 to $23.00 and gave the company a "neutral" rating in a research report on Thursday, August 7th. Finally, JPMorgan Chase & Co. upgraded shares of Capri from a "neutral" rating to an "overweight" rating and boosted their target price for the company from $21.00 to $30.00 in a research report on Wednesday. Eight equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, Capri has an average rating of "Hold" and a consensus price target of $24.08.

Capri Stock Down 1.8%

NYSE CPRI traded down $0.38 on Monday, hitting $20.98. The stock had a trading volume of 394,856 shares, compared to its average volume of 3,684,023. Capri has a 52-week low of $11.86 and a 52-week high of $43.34. The business's fifty day moving average price is $18.56 and its 200 day moving average price is $18.71. The company has a debt-to-equity ratio of 3.97, a current ratio of 1.17 and a quick ratio of 0.61. The stock has a market cap of $2.50 billion, a price-to-earnings ratio of -2.23, a price-to-earnings-growth ratio of 0.46 and a beta of 1.72.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Farther Finance Advisors LLC raised its position in shares of Capri by 758.1% in the first quarter. Farther Finance Advisors LLC now owns 1,433 shares of the company's stock worth $28,000 after acquiring an additional 1,266 shares during the period. Banque Cantonale Vaudoise acquired a new position in shares of Capri in the first quarter worth about $29,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Capri in the first quarter worth about $30,000. UMB Bank n.a. raised its position in shares of Capri by 134.9% during the 1st quarter. UMB Bank n.a. now owns 1,776 shares of the company's stock worth $35,000 after purchasing an additional 1,020 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new position in shares of Capri during the 2nd quarter worth about $39,000. Institutional investors and hedge funds own 84.34% of the company's stock.

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.