Capri (NYSE:CPRI) Hits New 1-Year Low – Time to Sell?

Capri Holdings Limited (NYSE:CPRI) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $12.83 and last traded at $12.8080, with a volume of 247970 shares changing hands. The stock had previously closed at $13.25.

Analysts Set New Price Targets

Several research firms have commented on CPRI. Wells Fargo & Company cut their price target on Capri from $20.00 to $16.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 15th. Robert W. Baird lowered their target price on shares of Capri from $26.00 to $24.00 and set an “outperform” rating on the stock in a research report on Monday, July 27th. TD Cowen cut shares of Capri from a “buy” rating to a “hold” rating and cut their target price for the company from $20.00 to $17.00 in a report on Thursday, August 6th. Barclays reduced their price target on shares of Capri from $20.00 to $19.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. Finally, Telsey Advisory Group lowered their price objective on shares of Capri from $21.00 to $18.00 and set a “market perform” rating on the stock in a research report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Capri currently has an average rating of “Hold” and an average price target of $21.93.

Capri Trading Down 0.7%

The company has a quick ratio of 0.54, a current ratio of 1.19 and a debt-to-equity ratio of 2.27. The business has a fifty day simple moving average of $16.01 and a 200 day simple moving average of $18.05. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 9.77, a P/E/G ratio of 0.27 and a beta of 1.38.

Capri (NYSE:CPRI) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.27. Capri had a net margin of 4.44% and a return on equity of 297.36%. The business had revenue of $769.00 million for the quarter, compared to analysts’ expectations of $757.61 million. During the same period in the prior year, the company posted $0.50 EPS. The business’s revenue for the quarter was down 3.5% on a year-over-year basis. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. On average, equities analysts anticipate that Capri Holdings Limited will post 2.11 EPS for the current fiscal year.

Insider Buying and Selling at Capri

In related news, Director Stephen F. Reitman sold 17,981 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $19.42, for a total value of $349,191.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Capri

Large investors have recently bought and sold shares of the company. California State Teachers Retirement System grew its stake in Capri by 1,716.6% in the 2nd quarter. California State Teachers Retirement System now owns 2,445,186 shares of the company’s stock valued at $45,407,000 after acquiring an additional 2,310,584 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Capri in the fourth quarter valued at about $53,759,000. Norges Bank acquired a new stake in shares of Capri in the fourth quarter valued at approximately $50,228,000. Cooper Creek Partners Management LLC acquired a new stake in shares of Capri in the first quarter valued at approximately $23,784,000. Finally, Segall Bryant & Hamill LLC increased its stake in shares of Capri by 92.6% during the 1st quarter. Segall Bryant & Hamill LLC now owns 2,734,735 shares of the company’s stock worth $48,186,000 after purchasing an additional 1,314,611 shares in the last quarter. Institutional investors and hedge funds own 84.34% of the company’s stock.

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.