Capri (NYSE:CPRI) Releases Q1 2027 Earnings Guidance

Capri (NYSE:CPRI) issued an update on its first quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.400-0.400 for the period, compared to the consensus estimate of 0.330. The company issued revenue guidance of $750.0 million-$750.0 million, compared to the consensus revenue estimate of $792.7 million. Capri also updated its FY 2027 guidance to 2.150-2.150 EPS.

Capri Trading Up 0.8%

Shares of NYSE CPRI opened at $18.63 on Wednesday. The firm’s 50 day moving average price is $18.77 and its 200-day moving average price is $21.56. The company has a market cap of $2.22 billion, a PE ratio of -4.37, a P/E/G ratio of 0.29 and a beta of 1.43. Capri has a 52-week low of $16.22 and a 52-week high of $28.26. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.52 and a current ratio of 1.14.

Capri (NYSE:CPRI) last issued its earnings results on Wednesday, May 27th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.11. Capri had a negative net margin of 13.57% and a negative return on equity of 430.23%. Capri has set its FY 2027 guidance at 2.150-2.150 EPS and its Q1 2027 guidance at 0.400-0.400 EPS. On average, equities research analysts expect that Capri will post 1.39 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CPRI has been the topic of several recent analyst reports. Robert W. Baird raised Capri from a “neutral” rating to an “outperform” rating and set a $26.00 price objective on the stock in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Capri in a research report on Monday, May 4th. The Goldman Sachs Group dropped their price objective on Capri from $27.00 to $24.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th. UBS Group reiterated a “neutral” rating and issued a $22.00 price target on shares of Capri in a research note on Wednesday, February 4th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Capri from $30.00 to $31.00 and gave the stock an “overweight” rating in a research note on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Capri has a consensus rating of “Hold” and a consensus price target of $25.92.

Insider Activity at Capri

In other news, CEO John D. Idol bought 55,000 shares of the company’s stock in a transaction on Wednesday, March 11th. The shares were acquired at an average cost of $17.98 per share, with a total value of $988,900.00. Following the completion of the transaction, the chief executive officer owned 2,257,645 shares of the company’s stock, valued at approximately $40,592,457.10. This trade represents a 2.50% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of CPRI. Quantbot Technologies LP bought a new position in shares of Capri during the 2nd quarter valued at approximately $39,000. Headlands Technologies LLC bought a new position in shares of Capri in the second quarter worth approximately $139,000. Corient Private Wealth LLC bought a new position in shares of Capri in the fourth quarter worth approximately $201,000. State of Wyoming bought a new position in shares of Capri in the second quarter worth approximately $173,000. Finally, Brooklyn Investment Group bought a new position in shares of Capri in the fourth quarter worth approximately $254,000. 84.34% of the stock is owned by hedge funds and other 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.