Telsey Advisory Group Increases 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) - Research analysts at Telsey Advisory Group boosted their FY2026 earnings estimates for shares of Capri in a report released on Thursday, August 7th. Telsey Advisory Group analyst D. Telsey now anticipates that the company will post earnings of $1.35 per share for the year, up from their prior estimate of $1.33. Telsey Advisory Group has a "Market Perform" rating and a $22.00 price objective 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 issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.37. The business had revenue of $797.00 million for the quarter, compared to the consensus estimate of $773.18 million. Capri had a negative net margin of 26.73% and a negative return on equity of 53.50%. The company's quarterly revenue was down 6.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.04 EPS.

CPRI has been the topic of a number of other reports. UBS Group boosted their price objective on shares of Capri from $18.00 to $23.00 and gave the company a "neutral" rating in a research report on Thursday. JPMorgan Chase & Co. boosted their target price on shares of Capri from $18.00 to $21.00 and gave the company a "neutral" rating in a report on Monday, July 28th. Finally, Wall Street Zen upgraded shares of Capri from a "sell" rating to a "hold" rating in a report on Saturday. Nine equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $23.33.

Capri Stock Down 5.1%

Shares of Capri stock opened at $19.72 on Monday. The company has a current ratio of 1.17, a quick ratio of 0.61 and a debt-to-equity ratio of 3.97. The company's fifty day simple moving average is $18.30 and its two-hundred day simple moving average is $18.75. The company has a market cap of $2.33 billion, a P/E ratio of -2.10, a PEG ratio of 0.42 and a beta of 1.72. Capri has a 12-month low of $11.86 and a 12-month high of $43.34.

Hedge Funds Weigh In On Capri

Several large investors have recently modified their holdings of CPRI. FMR LLC raised its position in shares of Capri by 249.4% in the 4th quarter. FMR LLC now owns 9,987,603 shares of the company's stock worth $210,339,000 after purchasing an additional 7,129,123 shares during the last quarter. Junto Capital Management LP purchased a new position in shares of Capri in the 4th quarter worth about $26,112,000. American Century Companies Inc. raised its position in shares of Capri by 143.3% in the 1st quarter. American Century Companies Inc. now owns 2,039,887 shares of the company's stock worth $40,247,000 after purchasing an additional 1,201,488 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Capri by 72.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,595,029 shares of the company's stock worth $54,647,000 after purchasing an additional 1,088,051 shares during the last quarter. Finally, DME Capital Management LP raised its position in shares of Capri by 93.6% in the 4th quarter. DME Capital Management LP now owns 2,103,717 shares of the company's stock worth $44,304,000 after purchasing an additional 1,017,072 shares during the last quarter. Hedge funds and other institutional investors 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.

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