Jefferies Financial Group Reiterates “Hold” Rating for Capri (NYSE:CPRI)

Capri (NYSE:CPRI)‘s stock had its “hold” rating reaffirmed by investment analysts at Jefferies Financial Group in a research note issued to investors on Wednesday,Benzinga reports. They presently have a $24.00 target price on the stock. Jefferies Financial Group’s price objective indicates a potential downside of 8.13% from the stock’s current price.

CPRI has been the topic of a number of other reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Capri in a research report on Wednesday, October 8th. Guggenheim upgraded Capri to a “strong-buy” rating in a report on Wednesday, December 10th. Robert W. Baird set a $26.00 target price on Capri in a research note on Wednesday, December 17th. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $27.00 price target (up previously from $25.00) on shares of Capri in a research report on Tuesday, December 16th. Finally, Telsey Advisory Group boosted their price objective on Capri from $22.00 to $23.00 and gave the company a “market perform” rating in a research report on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $27.00.

Capri Price Performance

Shares of NYSE:CPRI opened at $26.13 on Wednesday. The company has a 50 day moving average of $24.60 and a 200-day moving average of $21.83. Capri has a one year low of $11.86 and a one year high of $28.26. The stock has a market cap of $3.11 billion, a price-to-earnings ratio of -2.66, a P/E/G ratio of 0.51 and a beta of 1.45.

Capri (NYSE:CPRI) last posted its quarterly earnings results on Tuesday, November 4th. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.17). The company had revenue of $856.00 million during the quarter, compared to analyst estimates of $825.74 million. Capri had a negative net margin of 29.55% and a negative return on equity of 138.53%. Capri has set its Q3 2026 guidance at 0.700-0.80 EPS and its FY 2026 guidance at 1.200-1.400 EPS. Equities research analysts anticipate that Capri will post 0.98 earnings per share for the current year.

Insider Buying and Selling

In other news, CFO Rajal Mehta sold 10,000 shares of the stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $25.96, for a total transaction of $259,600.00. Following the completion of the transaction, the chief financial officer directly owned 741 shares in the company, valued at $19,236.36. This represents a 93.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 2.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Arizona State Retirement System increased its position in shares of Capri by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 34,894 shares of the company’s stock worth $695,000 after purchasing an additional 483 shares during the last quarter. Amalgamated Bank grew its stake in shares of Capri by 1.2% in the third quarter. Amalgamated Bank now owns 52,398 shares of the company’s stock valued at $1,044,000 after buying an additional 616 shares in the last quarter. Nisa Investment Advisors LLC raised its position in Capri by 17.0% during the third quarter. Nisa Investment Advisors LLC now owns 4,349 shares of the company’s stock worth $87,000 after acquiring an additional 632 shares in the last quarter. CWM LLC lifted its stake in Capri by 37.2% in the second quarter. CWM LLC now owns 2,360 shares of the company’s stock valued at $42,000 after acquiring an additional 640 shares during the last quarter. Finally, Teacher Retirement System of Texas lifted its stake in Capri by 3.9% in the second quarter. Teacher Retirement System of Texas now owns 17,906 shares of the company’s stock valued at $317,000 after acquiring an additional 671 shares during the last quarter. 84.34% of the stock is owned by institutional investors and hedge funds.

Capri Company Profile

Capri Holdings Limited (NYSE: CPRI) is a global luxury fashion company that designs, markets and distributes a range of premium lifestyle products. The company’s principal brands—Michael Kors, Versace and Jimmy Choo—offer handbags, ready-to-wear apparel, footwear, watches, jewelry, fragrance and other accessories. Capri Holdings combines in-house design talent with international sourcing, manufacturing and retail operations to deliver collections that reflect each brand’s distinct heritage and aesthetic vision.

Formed in 2018 through the rebranding of Michael Kors Holdings following the acquisition of Versace, Capri has since integrated Jimmy Choo into its portfolio.