Capri - CPRI Stock Forecast, Price & News

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Capri in the last year. There are currently 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CPRI shares.
View CPRI analyst ratings or view top-rated stocks.

16 equities research analysts have issued 1 year price targets for Capri's shares. Their CPRI share price forecasts range from $55.00 to $99.00. On average, they predict the company's share price to reach $70.50 in the next year. This suggests a possible upside of 82.5% 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 $64.91 at the beginning of the year. Since then, CPRI shares have decreased by 40.5% and is now trading at $38.62.
View the best growth stocks for 2022 here.

Capri saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 6,940,000 shares, an increase of 24.4% from the August 31st total of 5,580,000 shares. Based on an average daily trading volume, of 1,980,000 shares, the short-interest ratio is currently 3.5 days. Currently, 5.2% of the company's shares are sold short.
View Capri's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our CPRI earnings forecast.

Capri Holdings Limited (NYSE:CPRI) released its quarterly earnings data on Tuesday, August, 9th. The company reported $1.50 EPS for the quarter, beating analysts' consensus estimates of $1.36 by $0.14. The company earned $1.36 billion during the quarter, compared to the consensus estimate of $1.30 billion. Capri had a net margin of 13.96% and a trailing twelve-month return on equity of 36.51%. The firm's quarterly revenue was up 8.5% compared to the same quarter last year. During the same period last year, the firm posted $1.42 EPS.

Capri declared that its board has authorized a stock repurchase plan on Wednesday, June 1st 2022, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 13.8% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its shares are undervalued.

Capri updated its second quarter 2023 earnings guidance on Tuesday, September, 13th. The company provided earnings per share (EPS) guidance of $1.55-$1.55 for the period, compared to the consensus earnings per share estimate of $1.55. The company issued revenue guidance of $1.40 billion-$1.40 billion, compared to the consensus revenue estimate of $1.39 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."

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.