Capri (NYSE:CPRI) Earns “Market Perform” Rating from Telsey Advisory Group

Capri (NYSE:CPRI)‘s stock had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group in a research note issued to investors on Tuesday,Benzinga reports. They presently have a $23.00 price target on the stock. Telsey Advisory Group’s target price would suggest a potential downside of 0.50% from the company’s previous close.

CPRI has been the topic of several other research reports. Citigroup raised Capri from a “buy” rating to a “mixed” rating in a research report on Tuesday, January 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Capri in a research note on Wednesday, January 21st. Sanford C. Bernstein reissued a “market perform” rating and set a $24.00 price target on shares of Capri in a research report on Tuesday, January 6th. BTIG Research reiterated a “buy” rating and issued a $30.00 price objective on shares of Capri in a research note on Friday. Finally, Jefferies Financial Group assumed coverage on Capri in a report on Wednesday, January 14th. They issued a “hold” rating and a $24.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $27.50.

Capri Stock Performance

Shares of Capri stock opened at $23.12 on Tuesday. The stock has a market capitalization of $2.75 billion, a PE ratio of -2.35, a price-to-earnings-growth ratio of 0.44 and a beta of 1.45. Capri has a 52 week low of $11.86 and a 52 week high of $28.26. The stock has a 50 day moving average price of $25.19 and a two-hundred day moving average price of $22.37.

Capri (NYSE:CPRI) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. Capri had a negative net margin of 29.55% and a negative return on equity of 138.53%. Capri has set its FY 2026 guidance at 1.300-1.400 EPS. Research analysts forecast that Capri will post 0.98 EPS for the current year.

Insider Activity

In related news, CFO Rajal Mehta sold 10,000 shares of the business’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $25.96, for a total transaction of $259,600.00. Following the sale, the chief financial officer directly owned 741 shares in the company, valued at approximately $19,236.36. The trade was a 93.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Aster Capital Management DIFC Ltd bought a new position in Capri in the third quarter worth $39,000. Quantbot Technologies LP bought a new stake in shares of Capri in the 2nd quarter worth approximately $39,000. CWM LLC grew its stake in shares of Capri by 37.2% in the 2nd 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. Hantz Financial Services Inc. increased its position in Capri by 167.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,701 shares of the company’s stock valued at $54,000 after buying an additional 1,691 shares in the last quarter. Finally, Root Financial Partners LLC bought a new position in Capri in the 3rd quarter worth about $60,000. Hedge funds and other institutional investors own 84.34% of the company’s stock.

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.