Capri (CPRI) – Research Analysts’ Weekly Ratings Updates

Capri (NYSE: CPRI) recently received a number of ratings updates from brokerages and research firms:

• 4/17/2024 – Capri had its “mixed” rating reaffirmed by analysts at OTR Global.
• 4/13/2024 – Capri is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 4/5/2024 – Capri is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 3/28/2024 – Capri is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 3/20/2024 – Capri is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 3/12/2024 – Capri is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 3/4/2024 – Capri is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 2/25/2024 – Capri is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.

Capri Stock Down 2.7 %

Capri stock opened at $37.87 on Thursday. The firm has a market capitalization of $4.41 billion, a PE ratio of 21.28, a P/E/G ratio of 7.98 and a beta of 2.03. The company’s 50-day moving average is $45.30 and its 200-day moving average is $48.20. Capri Holdings Limited has a fifty-two week low of $34.17 and a fifty-two week high of $54.52. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.06 and a quick ratio of 0.49.

Capri (NYSE:CPRI) last released its quarterly earnings data on Thursday, February 8th. The company reported $1.20 earnings per share for the quarter, missing the consensus estimate of $1.74 by ($0.54). Capri had a return on equity of 25.79% and a net margin of 3.96%. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same quarter in the prior year, the firm earned $1.84 earnings per share. The firm’s revenue for the quarter was down 5.6% on a year-over-year basis. Sell-side analysts anticipate that Capri Holdings Limited will post 3.8 earnings per share for the current year.

Institutional Trading of Capri

A number of institutional investors have recently bought and sold shares of CPRI. Norges Bank bought a new stake in Capri in the 4th quarter valued at about $166,766,000. Alpine Associates Management Inc. bought a new stake in Capri in the 3rd quarter valued at about $128,347,000. Westchester Capital Management LLC bought a new stake in Capri in the 3rd quarter valued at about $87,352,000. PSquared Asset Management AG bought a new stake in Capri in the 3rd quarter valued at about $61,090,000. Finally, Segantii Capital Management Ltd bought a new stake in shares of Capri during the 3rd quarter worth approximately $52,347,000. Institutional investors own 84.34% of the company’s stock.

Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as well as through e-commerce sites.