Analysts Set Capri Holdings Limited (NYSE:CPRI) Price Target at $26.46

Capri Holdings Limited (NYSE:CPRI) has been given a consensus recommendation of “Hold” by the fifteen research firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $26.4615.

Several research analysts recently commented on CPRI shares. UBS Group reaffirmed a “neutral” rating and issued a $22.00 price objective on shares of Capri in a report on Wednesday, February 4th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Capri in a report on Wednesday, January 21st. Zacks Research cut Capri from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 5th. Telsey Advisory Group reissued a “market perform” rating and set a $23.00 price objective on shares of Capri in a report on Tuesday, February 3rd. Finally, TD Cowen reaffirmed a “buy” rating on shares of Capri in a report on Wednesday, February 4th.

Capri Stock Up 2.5%

CPRI stock opened at $20.77 on Friday. The stock has a fifty day moving average of $23.22 and a 200-day moving average of $22.49. Capri has a fifty-two week low of $11.86 and a fifty-two week high of $28.26. The company has a market capitalization of $2.47 billion, a price-to-earnings ratio of -4.88, a PEG ratio of 0.42 and a beta of 1.45. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.52 and a current ratio of 1.14.

Capri (NYSE:CPRI) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.03. The business had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $999.84 million. Capri had a negative return on equity of 430.23% and a negative net margin of 13.57%.The firm’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.63 EPS. Capri has set its FY 2026 guidance at 1.300-1.400 EPS. As a group, equities research analysts predict that Capri will post 0.98 earnings per share for the current year.

Insider Buying and Selling

In related news, CFO Rajal Mehta sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $25.96, for a total transaction of $259,600.00. Following the sale, the chief financial officer owned 741 shares of the company’s stock, valued at approximately $19,236.36. This represents a 93.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. MidFirst Bank purchased a new stake in shares of Capri in the fourth quarter worth $77,000. Pacer Advisors Inc. raised its holdings in shares of Capri by 136.5% in the 4th quarter. Pacer Advisors Inc. now owns 37,099 shares of the company’s stock valued at $905,000 after acquiring an additional 21,410 shares in the last quarter. Dean Capital Management boosted its position in shares of Capri by 9.9% during the 4th quarter. Dean Capital Management now owns 80,970 shares of the company’s stock valued at $1,976,000 after acquiring an additional 7,280 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Capri by 3.4% during the fourth quarter. Empowered Funds LLC now owns 16,580 shares of the company’s stock worth $405,000 after purchasing an additional 550 shares in the last quarter. Finally, XTX Topco Ltd grew its holdings in shares of Capri by 245.8% during the fourth quarter. XTX Topco Ltd now owns 57,907 shares of the company’s stock worth $1,413,000 after purchasing an additional 41,159 shares in the last quarter. 84.34% of the stock is currently owned by hedge funds and other institutional investors.

About Capri

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.