The Goldman Sachs Group Lowers Capri (NYSE:CPRI) Price Target to $18.00

Capri (NYSE:CPRIGet Free Report) had its price objective reduced by investment analysts at The Goldman Sachs Group from $21.00 to $18.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. The Goldman Sachs Group’s price objective would suggest a potential upside of 17.61% from the stock’s current price.

Other equities research analysts also recently issued reports about the stock. Telsey Advisory Group lowered their price objective on shares of Capri from $21.00 to $18.00 and set a “market perform” rating for the company in a research note on Thursday. Weiss Ratings upgraded Capri from a “sell (e+)” rating to a “sell (d)” rating in a research report on Thursday, May 28th. Wells Fargo & Company cut their price target on shares of Capri from $20.00 to $16.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 15th. UBS Group reduced their price target on shares of Capri from $22.00 to $20.00 and set a “neutral” rating for the company in a research report on Thursday, May 28th. Finally, TD Cowen cut Capri from a “buy” rating to a “hold” rating and decreased their price objective for the company from $20.00 to $17.00 in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $21.93.

Check Out Our Latest Analysis on CPRI

Capri Price Performance

Shares of Capri stock opened at $15.30 on Thursday. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 11.77, a price-to-earnings-growth ratio of 0.27 and a beta of 1.41. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.60 and a current ratio of 1.19. The stock has a 50 day moving average price of $18.00 and a 200-day moving average price of $19.12. Capri has a one year low of $14.77 and a one year high of $28.26.

Capri (NYSE:CPRIGet Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.27. The company had revenue of $769.00 million during the quarter, compared to analysts’ expectations of $757.61 million. Capri had a return on equity of 297.36% and a net margin of 4.44%.Capri’s revenue was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.50 EPS. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. Equities analysts expect that Capri will post 2.08 EPS for the current year.

Insiders Place Their Bets

In related news, Director Stephen F. Reitman sold 17,981 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $19.42, for a total transaction of $349,191.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Measured Wealth Private Client Group LLC increased its stake in shares of Capri by 299.7% during the 1st quarter. Measured Wealth Private Client Group LLC now owns 1,523 shares of the company’s stock worth $27,000 after purchasing an additional 1,142 shares in the last quarter. Quantbot Technologies LP acquired a new stake in Capri during the 2nd quarter valued at $39,000. Caitong International Asset Management Co. Ltd grew its holdings in Capri by 273.9% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,236 shares of the company’s stock valued at $55,000 after buying an additional 1,638 shares during the last quarter. MidFirst Bank purchased a new position in Capri during the fourth quarter worth $77,000. Finally, Hantz Financial Services Inc. increased its position in Capri by 57.9% during the fourth quarter. Hantz Financial Services Inc. now owns 4,266 shares of the company’s stock worth $104,000 after buying an additional 1,565 shares in the last quarter. 84.34% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Capri

Here are the key news stories impacting Capri this week:

  • Positive Sentiment: Capri’s latest quarterly results exceeded expectations, with earnings per share of $0.67 versus the $0.40 consensus and revenue of $769 million versus estimates of $757.6 million. Margin gains and growth at Jimmy Choo provided support, although total revenue declined year over year. CPRI Q1 Earnings Beat Estimates on Margin Gains, Jimmy Choo Growth
  • Positive Sentiment: Despite lower targets, BTIG maintained a “buy” rating and set a $25 target, implying substantial upside if Capri’s turnaround gains traction. Analysts’ views across the consumer-cyclical sector remain mixed rather than uniformly bearish. BTIG Capri price-target report
  • Neutral Sentiment: UBS lowered its Capri price target to $17 from $20 while keeping a “neutral” rating. Goldman Sachs cut its target to $18 from $21, and Telsey reduced its target to $18 from $21 while maintaining “market perform” status. The revisions still imply upside from recent trading levels but signal reduced confidence in the pace of recovery. Capri price target cut by UBS
  • Neutral Sentiment: Analyst coverage remains divided: some firms see value in Capri’s low valuation and turnaround potential, while others remain cautious about brand performance and execution. Analysts offer insights on Capri Holdings and other consumer cyclical companies
  • Negative Sentiment: The main overhang is that Michael Kors has not yet reversed its negative sales trend, while Jimmy Choo’s recovery remains modest. Commentary also argues that Capri’s apparently low headline valuation may be overstated by currency-hedging effects, making the stock less compelling for a company still lacking consistent luxury-brand resilience. Capri Holdings: The Turnaround Needs To Show Something More
  • Negative Sentiment: JPMorgan issued a pessimistic forecast, adding to concerns about Capri’s sales trajectory and the company’s ability to execute its turnaround. JPMorgan issues pessimistic forecast for Capri

About Capri

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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.

Further Reading

Analyst Recommendations for Capri (NYSE:CPRI)

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