Capri’s (CPRI) Market Perform Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group reaffirmed their market perform rating on shares of Capri (NYSE:CPRI) in a report issued on Tuesday,Benzinga reports. The brokerage currently has a $23.00 price target on the stock.

Other research analysts have also recently issued research reports about the stock. Robert W. Baird set a $26.00 target price on shares of Capri in a report on Wednesday, December 17th. The Goldman Sachs Group began coverage on shares of Capri in a research report on Thursday, January 8th. They set a “neutral” rating and a $27.00 price objective for the company. Jefferies Financial Group initiated coverage on shares of Capri in a research note on Wednesday, January 14th. They issued a “hold” rating and a $24.00 price objective for the company. Barclays assumed coverage on shares of Capri in a research note on Wednesday, December 3rd. They set an “overweight” rating and a $31.00 target price on the stock. Finally, Citigroup upgraded shares of Capri from a “buy” rating to a “mixed” rating in a report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $26.21.

Capri Stock Performance

Shares of NYSE:CPRI opened at $19.61 on Tuesday. Capri has a 1 year low of $11.86 and a 1 year high of $28.26. The stock has a market capitalization of $2.34 billion, a price-to-earnings ratio of -4.60, a price-to-earnings-growth ratio of 0.41 and a beta of 1.45. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.14 and a quick ratio of 0.69. The company’s 50 day simple moving average is $24.87 and its 200 day simple moving average is $22.35.

Capri (NYSE:CPRI) last issued its earnings results on Tuesday, February 3rd. The company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.03. Capri had a negative return on equity of 430.23% and a negative net margin of 13.57%.The firm had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $999.84 million. During the same quarter last year, the business posted $0.63 EPS. The company’s revenue was down 4.0% compared to the same quarter last year. Capri has set its FY 2026 guidance at 1.300-1.400 EPS. As a group, research analysts predict that Capri will post 0.98 EPS for the current fiscal year.

Insider Activity

In other news, CFO Rajal Mehta sold 10,000 shares of the firm’s stock in a transaction on 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 owned 741 shares of the company’s stock, valued at approximately $19,236.36. This trade represents a 93.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd bought a new stake in shares of Capri in the 3rd quarter valued at about $39,000. Quantbot Technologies LP acquired a new position in shares of Capri in the second quarter worth approximately $39,000. CWM LLC boosted its holdings in Capri by 37.2% in the second quarter. CWM LLC now owns 2,360 shares of the company’s stock valued at $42,000 after acquiring an additional 640 shares during the last quarter. Hantz Financial Services Inc. increased its position in Capri by 167.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,701 shares of the company’s stock valued at $54,000 after purchasing an additional 1,691 shares during the period. Finally, Root Financial Partners LLC acquired a new stake in Capri during the 3rd quarter valued at approximately $60,000. 84.34% of the stock is owned by 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.