Capri Holdings Limited (NYSE:CPRI – Get Free Report) has been assigned a consensus rating of “Hold” from the sixteen brokerages that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $24.7857.
A number of equities analysts have commented on the stock. JPMorgan Chase & Co. cut their price target on shares of Capri from $31.00 to $29.00 and set an “overweight” rating for the company in a research note on Thursday, May 28th. Bank of America cut their price target on shares of Capri from $23.00 to $20.00 and set a “neutral” rating for the company in a research note on Thursday, May 28th. Weiss Ratings raised shares of Capri from a “sell (e+)” rating to a “sell (d)” rating in a research note on Thursday, May 28th. BTIG Research reissued a “buy” rating and issued a $30.00 price target on shares of Capri in a research note on Thursday, May 28th. Finally, Wells Fargo & Company cut their price target on shares of Capri from $21.00 to $20.00 and set an “equal weight” rating for the company in a research note on Thursday, May 28th.
View Our Latest Stock Analysis on CPRI
Capri Price Performance
Capri (NYSE:CPRI – Get Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.11 by $0.11. The company had revenue of $796.00 million during the quarter, compared to analysts’ expectations of $800.04 million. Capri had a net margin of 3.94% and a return on equity of 664.22%. Capri’s revenue for the quarter was down 23.1% on a year-over-year basis. During the same quarter in the previous year, the company earned ($4.90) earnings per share. Capri has set its FY 2027 guidance at 2.150-2.150 EPS and its Q1 2027 guidance at 0.400-0.400 EPS. As a group, sell-side analysts forecast that Capri will post 2.05 EPS for the current fiscal year.
Insider Buying and Selling at Capri
In other Capri news, CEO John D. Idol acquired 55,000 shares of the stock in a transaction dated Wednesday, March 11th. The stock was purchased at an average cost of $17.98 per share, for a total transaction of $988,900.00. Following the acquisition, the chief executive officer owned 2,257,645 shares in the company, valued at $40,592,457.10. The trade was a 2.50% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 2.30% of the company’s stock.
Institutional Investors Weigh In On Capri
A number of hedge funds have recently made changes to their positions in the business. Segall Bryant & Hamill LLC lifted its holdings in shares of Capri by 92.6% in the 1st quarter. Segall Bryant & Hamill LLC now owns 2,734,735 shares of the company’s stock worth $48,186,000 after acquiring an additional 1,314,611 shares during the last quarter. Amundi bought a new stake in shares of Capri in the 1st quarter worth approximately $307,000. California State Teachers Retirement System lifted its holdings in shares of Capri by 23.8% in the 1st quarter. California State Teachers Retirement System now owns 134,602 shares of the company’s stock worth $2,372,000 after acquiring an additional 25,910 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Capri by 59.9% in the 1st quarter. Empowered Funds LLC now owns 26,512 shares of the company’s stock worth $467,000 after acquiring an additional 9,932 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its holdings in shares of Capri by 105.4% in the 1st quarter. Quantinno Capital Management LP now owns 176,583 shares of the company’s stock worth $3,111,000 after acquiring an additional 90,600 shares during the last quarter. 84.34% of the stock is currently owned by institutional investors.
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.
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