Capri (NYSE:CPRI) Given “Market Perform” Rating at Telsey Advisory Group

Telsey Advisory Group reaffirmed their market perform rating on shares of Capri (NYSE:CPRI) in a research report report published on Tuesday,Benzinga reports. They currently have a $23.00 target price on the stock.

Several other research analysts have also commented on CPRI. BTIG Research began coverage on Capri in a research report on Tuesday, October 14th. They set a “buy” rating and a $30.00 price target on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Capri in a research report on Wednesday, January 21st. The Goldman Sachs Group started coverage on shares of Capri in a research report on Thursday, January 8th. They issued a “neutral” rating and a $27.00 price target for the company. Jefferies Financial Group began coverage on shares of Capri in a research note on Wednesday, January 14th. They set a “hold” rating and a $24.00 price target for the company. Finally, Barclays began coverage on shares of Capri in a research report on Wednesday, December 3rd. They set an “overweight” rating and a $31.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $27.50.

Capri Trading Down 2.1%

Shares of NYSE:CPRI opened at $23.84 on Tuesday. The firm has a 50 day simple moving average of $25.20 and a 200-day simple moving average of $22.26. Capri has a twelve month low of $11.86 and a twelve month high of $28.26. The company has a market capitalization of $2.84 billion, a PE ratio of -2.43, a P/E/G ratio of 0.48 and a beta of 1.45.

Capri (NYSE:CPRI) last announced its quarterly earnings results on Tuesday, November 4th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.17). Capri had a negative return on equity of 138.53% and a negative net margin of 29.55%.The company had revenue of $856.00 million for the quarter, compared to analyst estimates of $825.74 million. Capri has set its Q3 2026 guidance at 0.700-0.80 EPS and its FY 2026 guidance at 1.200-1.400 EPS. As a group, equities research analysts predict that Capri will post 0.98 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO Rajal Mehta sold 10,000 shares of the firm’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $25.96, for a total value of $259,600.00. Following the completion of the sale, the chief financial officer owned 741 shares in the company, valued at approximately $19,236.36. This trade represents a 93.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.30% of the company’s stock.

Institutional Investors Weigh In On Capri

A number of hedge funds have recently added to or reduced their stakes in CPRI. Vontobel Holding Ltd. grew its holdings in shares of Capri by 105.6% in the 3rd quarter. Vontobel Holding Ltd. now owns 127,029 shares of the company’s stock worth $2,530,000 after acquiring an additional 65,259 shares during the period. AXQ Capital LP grew its holdings in Capri by 67.7% in the second quarter. AXQ Capital LP now owns 44,387 shares of the company’s stock valued at $786,000 after purchasing an additional 17,913 shares during the last quarter. ProShare Advisors LLC purchased a new position in shares of Capri in the second quarter valued at $515,000. Ameritas Investment Partners Inc. increased its position in shares of Capri by 47.2% in the second quarter. Ameritas Investment Partners Inc. now owns 34,778 shares of the company’s stock valued at $616,000 after buying an additional 11,157 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Capri during the 2nd quarter worth $55,906,000. 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.