Capri (CPRI) Stock Price, News & Analysis

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Capri in the last year. There are currently 12 hold ratings for the stock. The consensus among Wall Street research 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.
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12 Wall Street analysts have issued 12 month target prices for Capri's stock. Their CPRI share price targets range from $34.00 to $57.00. On average, they anticipate the company's share price to reach $50.50 in the next year. This suggests a possible upside of 33.4% from the stock's current price.
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Capri's stock was trading at $50.24 at the beginning of the year. Since then, CPRI shares have decreased by 24.6% and is now trading at $37.87.
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Capri saw a increase in short interest in 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 trading volume of 1,000,000 shares, the short-interest ratio is currently 6.4 days. Approximately 5.7% of the shares of the stock are short sold.
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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.74 by $0.54. The firm had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.48 billion. Capri had a net margin of 3.96% and a trailing twelve-month return on equity of 25.79%. The business's revenue was down 5.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $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 announced 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 shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 14.3% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are 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 a number of institutional and retail investors. Top institutional shareholders include Alaska Permanent Fund Corp (0.05%), Peak Financial Advisors LLC (0.05%), Global Assets Advisory LLC (0.04%) and Partnership Wealth Management LLC (0.00%). 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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