Capri (NYSE:CPRI) Hits New 1-Year High on Analyst Upgrade

Capri Holdings Limited (NYSE:CPRI) shares reached a new 52-week high on Wednesday after Barclays upgraded the stock to a strong-buy rating. The stock traded as high as $26.54 and last traded at $26.5960, with a volume of 482282 shares changing hands. The stock had previously closed at $25.16.

A number of other research firms have also weighed in on CPRI. Raymond James Financial raised shares of Capri from a “market perform” rating to an “outperform” rating and set a $25.00 price target on the stock in a research report on Tuesday, October 21st. Jefferies Financial Group raised their price target on Capri from $19.00 to $21.00 and gave the stock a “hold” rating in a report on Thursday, October 23rd. Wall Street Zen raised Capri from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. UBS Group raised their price target on Capri from $18.00 to $23.00 and gave the company a “neutral” rating in a research report on Thursday, August 7th. Finally, Telsey Advisory Group upped their price objective on Capri from $22.00 to $23.00 and gave the stock a “market perform” rating in a report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $26.08.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CPRI. Norges Bank bought a new position in shares of Capri during the second quarter valued at $55,906,000. Cartenna Capital LP bought a new stake in Capri during the 3rd quarter valued at about $29,382,000. American Century Companies Inc. increased its stake in Capri by 143.3% during the 1st quarter. American Century Companies Inc. now owns 2,039,887 shares of the company’s stock valued at $40,247,000 after purchasing an additional 1,201,488 shares in the last quarter. Geode Capital Management LLC raised its holdings in Capri by 42.2% in the second quarter. Geode Capital Management LLC now owns 2,882,813 shares of the company’s stock worth $51,032,000 after buying an additional 855,330 shares during the last quarter. Finally, State Street Corp lifted its stake in shares of Capri by 19.3% in the second quarter. State Street Corp now owns 4,479,231 shares of the company’s stock worth $79,282,000 after buying an additional 724,967 shares in the last quarter. Hedge funds and other institutional investors own 84.34% of the company’s stock.

Capri Trading Up 1.1%

The stock has a market cap of $3.30 billion, a PE ratio of -2.82, a PEG ratio of 0.55 and a beta of 1.48. The company has a quick ratio of 0.69, a current ratio of 1.25 and a debt-to-equity ratio of 3.97. The stock’s fifty day moving average price is $22.13 and its 200 day moving average price is $20.20.

Capri (NYSE:CPRI) last released its quarterly earnings data on Tuesday, November 4th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.17). Capri had a negative net margin of 29.55% and a negative return on equity of 138.53%. The business had revenue of $856.00 million during the quarter, compared to the consensus estimate of $825.74 million. Capri has set its Q3 2026 guidance at 0.700-0.80 EPS and its FY 2026 guidance at 1.200-1.400 EPS. On average, sell-side analysts forecast that Capri Holdings Limited will post 0.98 EPS for the current year.

Capri Company Profile

Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as well as through e-commerce sites.