Capri (NYSE:CPRI) Releases Q1 2027 Earnings Guidance

Capri (NYSE:CPRI) updated its first quarter 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.400-0.400 for the period, compared to the consensus earnings per share estimate of 0.330. The company issued revenue guidance of $750.0 million-$750.0 million, compared to the consensus revenue estimate of $792.7 million. Capri also updated its FY 2027 guidance to 2.150-2.150 EPS.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. The Goldman Sachs Group decreased their price objective on Capri from $27.00 to $24.00 and set a “neutral” rating on the stock in a report on Wednesday, February 4th. BTIG Research reissued a “buy” rating and set a $30.00 price objective on shares of Capri in a report on Friday, January 30th. Wells Fargo & Company decreased their price objective on Capri from $27.00 to $21.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 4th. 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 reissued a “buy” rating on shares of Capri in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $25.92.

Capri Trading Up 0.8%

Shares of CPRI opened at $18.63 on Wednesday. The stock has a market capitalization of $2.22 billion, a P/E ratio of -4.37, a PEG ratio of 0.29 and a beta of 1.43. Capri has a twelve month low of $16.22 and a twelve month high of $28.26. The company has a quick ratio of 0.52, a current ratio of 1.14 and a debt-to-equity ratio of 2.07. The firm has a fifty day simple moving average of $18.77 and a two-hundred day simple moving average of $21.56.

Capri (NYSE:CPRI) last announced its quarterly earnings results on Wednesday, May 27th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.11. Capri had a negative net margin of 13.57% and a negative return on equity of 430.23%. Capri has set its FY 2027 guidance at 2.150-2.150 EPS and its Q1 2027 guidance at 0.400-0.400 EPS. On average, research analysts anticipate that Capri will post 1.39 EPS for the current year.

Insider Transactions at Capri

In other news, CEO John D. Idol purchased 55,000 shares of Capri stock in a transaction that occurred on Wednesday, March 11th. The shares were bought at an average cost of $17.98 per share, with a total value of $988,900.00. Following the completion of the purchase, the chief executive officer directly owned 2,257,645 shares in the company, valued at approximately $40,592,457.10. This trade represents a 2.50% increase in their ownership of the stock. The acquisition 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 company insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of CPRI. Quantbot Technologies LP purchased a new position in Capri during the 2nd quarter valued at about $39,000. Headlands Technologies LLC purchased a new stake in shares of Capri in the second quarter worth $139,000. State of Wyoming purchased a new stake in shares of Capri in the second quarter worth $173,000. Corient Private Wealth LLC purchased a new stake in shares of Capri in the fourth quarter worth $201,000. Finally, Bayesian Capital Management LP purchased a new stake in shares of Capri in the second quarter worth $202,000. 84.34% of the stock is owned by hedge funds and other 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.