Capri - CPRI Stock Forecast, Price & News

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Capri in the last twelve months. There are currently 4 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CPRI shares.
View CPRI analyst ratings or view top-rated stocks.

15 analysts have issued 1 year target prices for Capri's stock. Their CPRI share price forecasts range from $55.00 to $99.00. On average, they predict the company's stock price to reach $70.88 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price.
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 increased by 16.4% and is now trading at $66.70.
View the best growth stocks for 2023 here.

Capri saw a drop in short interest in January. As of January 15th, there was short interest totaling 4,940,000 shares, a drop of 11.8% from the December 31st total of 5,600,000 shares. Based on an average trading volume of 1,760,000 shares, the days-to-cover ratio is currently 2.8 days. Currently, 3.9% of the shares of the company are sold short.
View Capri's Short Interest.

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

Capri will be holding an earnings conference call on Wednesday, February 8th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13735207".

Capri Holdings Limited (NYSE:CPRI) announced its quarterly earnings results on Wednesday, November, 9th. The company reported $1.79 earnings per share for the quarter, beating analysts' consensus estimates of $1.55 by $0.24. The business earned $1.41 billion during the quarter, compared to analyst estimates of $1.40 billion. Capri had a net margin of 14.10% and a trailing twelve-month return on equity of 38.60%. The firm's revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.53 EPS.

Capri declared that its Board of Directors has approved a share repurchase plan on Wednesday, November 9th 2022, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 14.3% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its shares are undervalued.

Capri updated its third quarter 2023 earnings guidance on Friday, December, 9th. The company provided EPS guidance of $2.20-$2.20 for the period, compared to the consensus earnings per share estimate of $2.43. The company issued revenue guidance of $1.53 billion-$1.53 billion, compared to the consensus revenue estimate of $1.64 billion.

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 a number of institutional and retail investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (0.44%), New York State Common Retirement Fund (0.19%), Natixis Advisors L.P. (0.19%), New York State Teachers Retirement System (0.16%), Mckinley Capital Management LLC Delaware (0.07%) and Yousif Capital Management LLC (0.05%). 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.
Compare Top Brokerages Here.

One share of CPRI stock can currently be purchased for approximately $66.70.

Capri (NYSE:CPRI) has a market capitalization of $8.59 billion and generates $5.65 billion in revenue each year. The company earns $822 million in net income (profit) each year or $5.68 on an earnings per share basis.

The company employs 14,600 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.