Capri (NYSE:CPRI) Given Buy Rating at BTIG Research

Capri (NYSE:CPRI)‘s stock had its “buy” rating restated by stock analysts at BTIG Research in a research report issued on Friday,Benzinga reports. They presently have a $30.00 price objective on the stock. BTIG Research’s price target would indicate a potential upside of 30.86% from the stock’s current price.

Several other research analysts have also recently issued reports on the stock. Robert W. Baird set a $26.00 target price on shares of Capri in a report on Wednesday, December 17th. Guggenheim upgraded shares of Capri to a “strong-buy” rating in a research report on Wednesday, December 10th. Telsey Advisory Group reiterated a “market perform” rating and set a $23.00 target price on shares of Capri in a report on Tuesday. UBS Group set a $32.00 price target on Capri in a report on Thursday, January 22nd. Finally, Jefferies Financial Group started coverage on Capri in a report on Wednesday, January 14th. They issued a “hold” rating and a $24.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $27.50.

Capri Stock Down 0.5%

Capri stock opened at $22.93 on Friday. The firm has a fifty day simple moving average of $25.23 and a two-hundred day simple moving average of $22.27. Capri has a twelve month low of $11.86 and a twelve month high of $28.26. The company has a market capitalization of $2.73 billion, a PE ratio of -2.33, a P/E/G ratio of 0.45 and a beta of 1.45.

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

Insider Activity

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

Hedge Funds Weigh In On Capri

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of Capri by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 11,701,832 shares of the company’s stock worth $285,525,000 after buying an additional 121,209 shares during the last quarter. Primecap Management Co. CA raised its position in shares of Capri by 0.6% in the 2nd quarter. Primecap Management Co. CA now owns 5,215,404 shares of the company’s stock worth $92,313,000 after purchasing an additional 31,684 shares during the last quarter. State Street Corp boosted its stake in Capri by 19.3% in the 2nd quarter. State Street Corp now owns 4,479,231 shares of the company’s stock worth $79,282,000 after purchasing an additional 724,967 shares in the last quarter. Norges Bank bought a new stake in Capri during the 2nd quarter valued at about $55,906,000. Finally, Geode Capital Management LLC lifted its stake 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 worth $51,032,000 after buying an additional 855,330 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.