Capri (NYSE:CPRI) Hits New 1-Year Low – What’s Next?

by · The Markets Daily

Capri Holdings Limited (NYSE:CPRI – Get Free Report) shares reached a new 52-week low on Thursday . The stock traded as low as $12.40 and last traded at $12.6420, with a volume of 382549 shares traded. The stock had previously closed at $12.71.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Robert W. Baird cut their price target on Capri from $26.00 to $24.00 and set an “outperform” rating on the stock in a report on Monday, July 27th. Wall Street Zen raised Capri from a “hold” rating to a “buy” rating in a research report on Saturday, September 5th. Weiss Ratings reiterated a “sell (d)” rating on shares of Capri in a research note on Tuesday, August 25th. BTIG Research reduced their price target on shares of Capri from $30.00 to $25.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Finally, TD Cowen lowered shares of Capri from a “buy” rating to a “hold” rating and lowered their price target for the stock from $20.00 to $17.00 in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $21.93.

Get Our Latest Report on CPRI

Capri Stock Up 1.7%

The company has a debt-to-equity ratio of 2.27, a current ratio of 1.19 and a quick ratio of 0.54. The firm has a market capitalization of $1.47 billion, a P/E ratio of 9.93, a PEG ratio of 0.28 and a beta of 1.38. The firm’s fifty day moving average price is $15.46 and its 200-day moving average price is $17.79.

Capri (NYSE:CPRI – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.27. Capri had a return on equity of 297.36% and a net margin of 4.44%.The business had revenue of $769.00 million during the quarter, compared to analyst estimates of $757.61 million. During the same quarter in the prior year, the firm posted $0.50 earnings per share. The company’s revenue was down 3.5% on a year-over-year basis. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. As a group, equities research analysts forecast that Capri Holdings Limited will post 2.11 earnings per share for the current year.

Institutional Trading of Capri

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

Capri Company Profile

(Get Free Report)

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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