Capri Holdings Limited (NYSE:CPRI) Receives Average Recommendation of “Hold” from Brokerages

by · The Markets Daily

Shares of Capri Holdings Limited (NYSE:CPRI – Get Free Report) have been given a consensus rating of “Hold” by the fifteen analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $26.8462.

A number of research firms have commented on CPRI. Guggenheim raised Capri to a “strong-buy” rating in a report on Wednesday, December 10th. Barclays assumed coverage on Capri in a research note on Wednesday, December 3rd. They set an “overweight” rating and a $31.00 target price on the stock. Robert W. Baird set a $26.00 price target on Capri in a report on Wednesday, December 17th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Capri in a report on Wednesday, October 8th. Finally, Citigroup began coverage on shares of Capri in a report on Monday. They issued a “buy” rating and a $31.00 target price on the stock.

Check Out Our Latest Stock Report on Capri

Insider Buying and Selling

In other Capri news, CFO Rajal Mehta sold 10,000 shares of the business’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $25.96, for a total value of $259,600.00. Following the sale, the chief financial officer owned 741 shares in the company, valued at $19,236.36. The trade was a 93.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Capri

Several large investors have recently made changes to their positions in the company. Primecap Management Co. CA boosted its stake in Capri by 0.6% during the second quarter. Primecap Management Co. CA now owns 5,215,404 shares of the company’s stock valued at $92,313,000 after buying an additional 31,684 shares during the last quarter. State Street Corp boosted its position in shares of Capri by 19.3% during the 2nd quarter. State Street Corp now owns 4,479,231 shares of the company’s stock valued at $79,282,000 after acquiring an additional 724,967 shares during the last quarter. Norges Bank bought a new position in shares of Capri during the 2nd quarter valued at approximately $55,906,000. Geode Capital Management LLC grew its holdings in shares of Capri by 42.2% in the second quarter. Geode Capital Management LLC now owns 2,882,813 shares of the company’s stock valued at $51,032,000 after purchasing an additional 855,330 shares in the last quarter. Finally, American Century Companies Inc. increased its position in Capri by 11.2% in the second quarter. American Century Companies Inc. now owns 2,269,089 shares of the company’s stock worth $40,163,000 after purchasing an additional 229,202 shares during the last quarter. 84.34% of the stock is owned by institutional investors.

Capri Trading Down 1.2%

Shares of NYSE:CPRI opened at $25.46 on Friday. Capri has a 12-month low of $11.86 and a 12-month high of $28.26. The company has a market cap of $3.03 billion, a PE ratio of -2.59, a price-to-earnings-growth ratio of 0.51 and a beta of 1.45. The stock has a 50 day moving average of $24.18 and a 200 day moving average of $21.55.

Capri (NYSE:CPRI – Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.17). The firm had revenue of $856.00 million for the quarter, compared to analysts’ expectations of $825.74 million. Capri had a negative net margin of 29.55% and a negative return on equity of 138.53%. Capri has set its Q3 2026 guidance at 0.700-0.80 EPS and its FY 2026 guidance at 1.200-1.400 EPS. Equities research analysts predict that Capri will post 0.98 earnings per share for the current fiscal year.

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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