Capri (NYSE:CPRI) Stock Rating Upgraded by Zacks Research

Capri (NYSE:CPRI) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Thursday,Zacks.com reports.

Other equities research analysts have also issued reports about the stock. Raymond James Financial raised shares of Capri from a “market perform” rating to an “outperform” rating and set a $25.00 price objective on the stock in a research note on Tuesday, October 21st. Jefferies Financial Group upped their price target on shares of Capri from $19.00 to $21.00 and gave the company a “hold” rating in a research report on Thursday, October 23rd. JPMorgan Chase & Co. upgraded Capri from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $21.00 to $30.00 in a report on Wednesday, August 13th. Wall Street Zen raised Capri from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Telsey Advisory Group upped their target price on Capri from $22.00 to $23.00 and gave the company a “market perform” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $24.50.

Capri Trading Up 2.9%

Shares of CPRI stock traded up $0.61 on Thursday, hitting $22.11. The company had a trading volume of 2,170,144 shares, compared to its average volume of 3,363,983. Capri has a twelve month low of $11.86 and a twelve month high of $26.23. The company has a debt-to-equity ratio of 3.97, a quick ratio of 0.61 and a current ratio of 1.17. The firm has a market cap of $2.63 billion, a P/E ratio of -2.35, a P/E/G ratio of 0.45 and a beta of 1.90. The stock’s 50-day moving average is $21.05 and its two-hundred day moving average is $19.19.

Capri (NYSE:CPRI) last announced its earnings results on Tuesday, November 4th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.17). The company had revenue of $856.00 million during the quarter, compared to the consensus estimate of $825.74 million. Capri had a negative net margin of 26.73% and a negative return on equity of 53.50%. Capri has set its Q3 2026 guidance at 0.700-0.80 EPS. FY 2026 guidance at 1.200-1.400 EPS. On average, equities research analysts anticipate that Capri will post 0.98 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Capri

Hedge funds have recently added to or reduced their stakes in the company. Arizona State Retirement System increased its holdings in shares of Capri by 1.4% during the third quarter. Arizona State Retirement System now owns 34,894 shares of the company’s stock valued at $695,000 after acquiring an additional 483 shares in the last quarter. Amalgamated Bank grew its position in Capri by 1.2% in the 3rd quarter. Amalgamated Bank now owns 52,398 shares of the company’s stock valued at $1,044,000 after purchasing an additional 616 shares during the period. Nisa Investment Advisors LLC increased its stake in Capri by 17.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 4,349 shares of the company’s stock valued at $87,000 after purchasing an additional 632 shares in the last quarter. CWM LLC raised its holdings in Capri by 37.2% during the second quarter. CWM LLC now owns 2,360 shares of the company’s stock worth $42,000 after buying an additional 640 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of Capri by 5.7% in the first quarter. PNC Financial Services Group Inc. now owns 12,320 shares of the company’s stock valued at $243,000 after buying an additional 667 shares in the last quarter. Institutional investors and hedge funds 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.