Capri (CPRI) Stock Price, News & Analysis

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Capri in the last twelve months. There are currently 12 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CPRI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CPRI, but not buy additional shares or sell existing shares.
View CPRI analyst ratings or view top-rated stocks.

12 analysts have issued 1 year target prices for Capri's stock. Their CPRI share price targets range from $34.00 to $57.00. On average, they predict the company's stock price to reach $50.50 in the next twelve months. This suggests a possible upside of 31.1% from the stock's current price.
View analysts price targets for CPRI or view top-rated stocks among Wall Street analysts.

Capri's stock was trading at $50.24 at the beginning of 2024. Since then, CPRI stock has decreased by 23.3% and is now trading at $38.52.
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Capri saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 6,440,000 shares, an increase of 15.6% from the February 29th total of 5,570,000 shares. Based on an average daily trading volume, of 1,000,000 shares, the short-interest ratio is presently 6.4 days. Currently, 5.7% of the company's shares are sold short.
View Capri's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 29th 2024.
View our CPRI earnings forecast.

Capri Holdings Limited (NYSE:CPRI) announced its earnings results on Thursday, February, 8th. The company reported $1.20 EPS for the quarter, missing the consensus estimate of $1.74 by $0.54. The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.48 billion. Capri had a trailing twelve-month return on equity of 25.79% and a net margin of 3.96%. Capri's revenue for the quarter was down 5.6% compared to the same quarter last year. During the same period last year, the business earned $1.84 earnings per share.

ETFs with the largest weight of Capri (NYSE:CPRI) stock in their portfolio include IQ Merger Arbitrage ETF (MNA), ProShares Merger ETF (MRGR), AltShares Merger Arbitrage ETF (ARB), First Trust Merger Arbitrage ETF (MARB), AltShares Event-Driven ET (EVNT), Tema Luxury ETF (LUX) and iShares S&P Mid-Cap 400 Value ETF (IJJ).Global X Millennial Consumer ETF (MILN).

Capri declared that its Board of Directors has initiated a stock buyback plan on Wednesday, November 9th 2022, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 14.3% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's management believes its stock is undervalued.

535 employees have rated Capri Chief Executive Officer John Idol on Glassdoor.com. John Idol has an approval rating of 78% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Capri investors own include Gilead Sciences (GILD), Netflix (NFLX), Starbucks (SBUX), Tesla (TSLA), Intel (INTC), Micron Technology (MU), QUALCOMM (QCOM), Walt Disney (DIS), Twitter (TWTR) and Alibaba Group (BABA).

Capri's stock is owned by many different institutional and retail investors. Top institutional investors include Alaska Permanent Fund Corp (0.05%), Peak Financial Advisors LLC (0.05%), Global Assets Advisory LLC (0.04%), State of Michigan Retirement System (0.02%), Allspring Global Investments Holdings LLC (0.02%) and Silverlake Wealth Management LLC (0.02%). Insiders that own company stock include Daniel Purefoy, John D Idol, Judy Gibbons, Krista A Mcdonough, Stephen F Reitman, Thomas Jr Edwards and Thomas Tu.
View institutional ownership trends.

Shares of CPRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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