Capri (CPRI) Stock Price, News & Analysis

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Capri in the last year. There are currently 14 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CPRI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CPRI, but not buy additional shares or sell existing shares.
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14 brokers have issued 1-year price objectives for Capri's shares. Their CPRI share price targets range from $34.00 to $57.00. On average, they predict the company's share price to reach $51.14 in the next twelve months. This suggests a possible upside of 5.6% from the stock's current price.
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Capri's stock was trading at $57.32 at the beginning of the year. Since then, CPRI stock has decreased by 15.5% and is now trading at $48.44.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
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Capri Holdings Limited (NYSE:CPRI) announced its quarterly earnings data on Thursday, November, 9th. The company reported $1.13 earnings per share for the quarter, missing analysts' consensus estimates of $1.49 by $0.36. The company earned $1.29 billion during the quarter, compared to analyst estimates of $1.34 billion. Capri had a net margin of 6.13% and a trailing twelve-month return on equity of 29.86%. Capri's revenue for the quarter was down 8.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.79 EPS.

ETFs with the largest weight of Capri (NYSE:CPRI) stock in their portfolio include First Trust Consumer Discretionary AlphaDEX Fund (FXD), Tema Luxury ETF (LUX) and iShares S&P Mid-Cap 400 Value ETF (IJJ).Global X Millennial Consumer ETF (MILN).

Capri declared that its board has initiated a stock repurchase program on Wednesday, November 9th 2022, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 14.3% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

535 employees have rated Capri Chief Executive Officer John Idol on Glassdoor.com. John Idol has an approval rating of 78% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Capri investors own include Gilead Sciences (GILD), Netflix (NFLX), Starbucks (SBUX), Tesla (TSLA), Intel (INTC), Micron Technology (MU), QUALCOMM (QCOM), Walt Disney (DIS), Twitter (TWTR) and Alibaba Group (BABA).

Capri's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Primecap Management Co. CA (3.82%), LSV Asset Management (2.13%), Alpine Associates Management Inc. (2.10%), UBS Group AG (0.00%), Morgan Stanley (1.48%) and Westchester Capital Management LLC (1.43%). Insiders that own company stock include Daniel Purefoy, John D Idol, Judy Gibbons, Krista A Mcdonough, Stephen F Reitman, Thomas Jr Edwards and Thomas Tu.
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Shares of CPRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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