Capri (NYSE:CPRI) Issues Earnings Results

Capri (NYSE:CPRI) released its quarterly earnings data on Tuesday. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.21), Zacks reports. Capri had a negative net margin of 26.73% and a negative return on equity of 53.50%. Capri updated its Q3 2026 guidance to 0.700-0.80 EPS and its FY 2026 guidance to 1.200-1.400 EPS.

Capri Stock Down 2.0%

CPRI stock traded down $0.42 during mid-day trading on Tuesday, hitting $20.30. 1,018,566 shares of the company were exchanged, compared to its average volume of 3,348,077. The company has a debt-to-equity ratio of 3.97, a quick ratio of 0.61 and a current ratio of 1.17. The firm has a market cap of $2.42 billion, a P/E ratio of -2.17, a P/E/G ratio of 0.45 and a beta of 1.82. The firm’s 50 day simple moving average is $21.02 and its 200 day simple moving average is $19.04. Capri has a 1-year low of $11.86 and a 1-year high of $26.23.

Institutional Investors Weigh In On Capri

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada grew its position in Capri by 70.0% during the first quarter. Royal Bank of Canada now owns 380,838 shares of the company’s stock worth $7,514,000 after buying an additional 156,757 shares in the last quarter. Integrated Wealth Concepts LLC boosted its holdings in shares of Capri by 48.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 20,120 shares of the company’s stock valued at $397,000 after acquiring an additional 6,595 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Capri by 13.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,034 shares of the company’s stock valued at $218,000 after purchasing an additional 1,313 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Capri by 22.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 764,509 shares of the company’s stock worth $15,084,000 after buying an additional 139,809 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Capri by 23.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 422,561 shares of the company’s stock worth $8,337,000 after purchasing an additional 80,928 shares during the period. 84.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CPRI has been the topic of several recent analyst reports. Wall Street Zen upgraded shares of Capri from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Weiss Ratings restated a “sell (d-)” rating on shares of Capri in a research report on Wednesday, October 8th. Raymond James Financial upgraded shares of Capri from a “market perform” rating to an “outperform” rating and set a $25.00 price target on the stock in a research report on Tuesday, October 21st. Zacks Research upgraded shares of Capri from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 26th. Finally, Jefferies Financial Group boosted their target price on Capri from $19.00 to $21.00 and gave the stock a “hold” rating in a report on Thursday, October 23rd. Seven equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Capri currently has an average rating of “Hold” and an average target price of $24.43.

About Capri

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.