Telsey Advisory Group Has Lowered Expectations for Capri (NYSE:CPRI) Stock Price

Capri (NYSE:CPRI) had its target price lowered by Telsey Advisory Group from $21.00 to $18.00 in a research report issued to clients and investors on Thursday. The firm currently has a “market perform” rating on the stock. Telsey Advisory Group’s target price would suggest a potential upside of 13.12% from the stock’s current price.

Other research analysts also recently issued research reports about the company. UBS Group dropped their price target on Capri from $22.00 to $20.00 and set a “neutral” rating for the company in a research note on Thursday, May 28th. Weiss Ratings upgraded shares of Capri from a “sell (e+)” rating to a “sell (d)” rating in a research note on Thursday, May 28th. Bank of America dropped their target price on shares of Capri from $23.00 to $20.00 and set a “neutral” rating for the company in a research report on Thursday, May 28th. Robert W. Baird cut their target price on Capri from $26.00 to $24.00 and set an “outperform” rating for the company in a research note on Monday, July 27th. Finally, TD Cowen decreased their price target on Capri from $26.00 to $20.00 and set a “hold” rating on the stock in a research note on Wednesday, July 29th. 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $23.13.

Capri Stock Down 3.7%

NYSE CPRI opened at $15.91 on Thursday. The company has a current ratio of 1.21, a quick ratio of 0.60 and a debt-to-equity ratio of 4.08. Capri has a 1-year low of $15.19 and a 1-year high of $28.26. The company has a 50 day moving average of $18.16 and a 200-day moving average of $19.21. The company has a market cap of $1.83 billion, a price-to-earnings ratio of 13.96, a PEG ratio of 0.30 and a beta of 1.41.

Capri (NYSE:CPRI) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.27. Capri had a return on equity of 664.22% and a net margin of 3.94%.The business had revenue of $769.00 million for the quarter, compared to the consensus estimate of $756.25 million. During the same quarter in the prior year, the business posted $0.50 earnings per share. The firm’s quarterly revenue was down 3.5% compared to the same quarter last year. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. On average, equities research analysts expect that Capri will post 2.06 earnings per share for the current fiscal year.

Insider Transactions at Capri

In related news, Director Stephen F. Reitman sold 17,981 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The shares were 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 available through this link. 2.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Royal Bank of Canada raised its position in Capri by 70.0% in the first quarter. Royal Bank of Canada now owns 380,838 shares of the company’s stock valued at $7,514,000 after purchasing an additional 156,757 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of Capri by 48.8% during the first quarter. Integrated Wealth Concepts LLC now owns 20,120 shares of the company’s stock worth $397,000 after purchasing an additional 6,595 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Capri by 13.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,034 shares of the company’s stock worth $218,000 after purchasing an additional 1,313 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Capri by 22.4% in the first quarter. Goldman Sachs Group Inc. now owns 764,509 shares of the company’s stock valued at $15,084,000 after purchasing an additional 139,809 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Capri by 23.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 422,561 shares of the company’s stock valued at $8,337,000 after purchasing an additional 80,928 shares during the period. 84.34% of the stock is currently owned by institutional investors and hedge funds.

Key Capri News

Here are the key news stories impacting Capri this week:

• Positive Sentiment: Capri reported fiscal Q1 2027 adjusted earnings of $0.67 per share, exceeding the $0.40 consensus estimate and improving from $0.50 a year earlier. Revenue of $769 million also topped expectations of approximately $756 million. Capri Holdings Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: Full-year EPS guidance of $2.15 is modestly above the roughly $2.13 analyst consensus, indicating management still expects profitability to hold up despite near-term sales challenges. Capri Holdings Announces First Quarter Fiscal 2027 Results

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.