Capri (CPRI) Stock Forecast, Price & News

14 Wall Street research 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 research 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.
View CPRI analyst ratings or view top-rated stocks.

14 analysts have issued 12 month price objectives for Capri's stock. Their CPRI share price forecasts range from $34.00 to $57.00. On average, they expect the company's share price to reach $51.14 in the next year. This suggests that the stock has a possible downside of 2.7%.
View analysts price targets for CPRI or view top-rated stocks among Wall Street analysts.

Capri's stock was trading at $57.32 at the beginning of 2023. Since then, CPRI stock has decreased by 8.3% and is now trading at $52.56.
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Capri saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 5,900,000 shares, an increase of 15.0% from the August 31st total of 5,130,000 shares. Based on an average trading volume of 3,190,000 shares, the short-interest ratio is presently 1.8 days. Currently, 5.2% of the shares of the company are short sold.
View Capri's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our CPRI earnings forecast.

Capri Holdings Limited (NYSE:CPRI) issued its quarterly earnings results on Thursday, August, 10th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.05. The business earned $1.23 billion during the quarter, compared to analyst estimates of $1.20 billion. Capri had a trailing twelve-month return on equity of 34.58% and a net margin of 8.44%. The business's quarterly revenue was down 9.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.50 earnings per share.

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 share buyback plan on Wednesday, November 9th 2022, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 14.3% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's leadership believes its stock is 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPRI."

Capri's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (9.09%), State Street Corp (3.61%), Senvest Management LLC (2.44%), LSV Asset Management (2.33%), Coronation Fund Managers Ltd. (2.33%) and Dimensional Fund Advisors LP (2.08%). 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.
View institutional ownership trends.

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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One share of CPRI stock can currently be purchased for approximately $52.56.

Capri (NYSE:CPRI) has a market capitalization of $6.10 billion and generates $5.62 billion in revenue each year. The company earns $616 million in net income (profit) each year or $3.48 on an earnings per share basis.

The company employs 15,500 workers across the globe.

Capri's mailing address is 33 KINGSWAY, LONDON X0, WC2B 6UF. The official website for the company is www.capriholdings.com. The company can be reached via phone at 442076328600, via email at investorrelations@capriholdings.com, or via fax at 852-3928-5697.