Capri (NYSE:CPRI) Earns “Buy” Rating from BTIG Research

Capri (NYSE:CPRI)‘s stock had its “buy” rating reaffirmed by equities research analysts at BTIG Research in a research note issued on Friday,Benzinga reports. They currently have a $30.00 target price on the stock. BTIG Research’s target price indicates a potential upside of 32.94% from the stock’s current price.

Several other brokerages have also recently weighed in on CPRI. UBS Group set a $32.00 price target on shares of Capri in a research report on Thursday, January 22nd. Telsey Advisory Group reissued a “market perform” rating and issued a $23.00 price objective on shares of Capri in a research note on Tuesday, January 27th. Barclays assumed coverage on Capri in a report on Wednesday, December 3rd. They issued an “overweight” rating and a $31.00 target price on the stock. Zacks Research cut Capri from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 5th. Finally, Guggenheim raised Capri to a “strong-buy” rating in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Capri currently has a consensus rating of “Hold” and an average target price of $27.50.

Capri Stock Down 1.7%

Shares of CPRI opened at $22.57 on Friday. The business’s fifty day moving average is $25.20 and its 200 day moving average is $22.32. Capri has a 12-month low of $11.86 and a 12-month high of $28.26. The stock has a market cap of $2.69 billion, a P/E ratio of -2.30, a P/E/G ratio of 0.45 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 analysts’ consensus estimates of $0.14 by ($0.17). Capri had a negative net margin of 29.55% and a negative return on equity of 138.53%. The business had revenue of $856.00 million for the quarter, compared to the consensus estimate 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. On average, analysts expect that Capri will post 0.98 EPS for the current year.

Insider Transactions at Capri

In other news, CFO Rajal Mehta sold 10,000 shares of the firm’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $25.96, for a total transaction of $259,600.00. Following the completion of the sale, the chief financial officer directly owned 741 shares of the company’s stock, valued at $19,236.36. This trade represents a 93.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 2.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Capri

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Mitsubishi UFJ Trust & Banking Corp increased its holdings in Capri by 2.8% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 76,112 shares of the company’s stock worth $1,857,000 after buying an additional 2,059 shares during the last quarter. M&T Bank Corp grew its position in shares of Capri by 24.9% during the 4th quarter. M&T Bank Corp now owns 14,324 shares of the company’s stock valued at $350,000 after acquiring an additional 2,860 shares during the period. Vanguard Group Inc. grew its position in shares of Capri by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 11,701,832 shares of the company’s stock valued at $285,525,000 after acquiring an additional 121,209 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH increased its stake in shares of Capri by 16.8% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 21,123 shares of the company’s stock worth $516,000 after purchasing an additional 3,042 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new stake in shares of Capri in the 4th quarter worth approximately $13,527,000. 84.34% of the stock is owned by hedge funds and other institutional investors.

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.