Capri (NYSE:CPRI) Issues FY 2027 Earnings Guidance

Capri (NYSE:CPRI) issued an update on its FY 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.150-2.150 for the period, compared to the consensus EPS estimate of 2.130. The company issued revenue guidance of $3.4 billion-$3.4 billion, compared to the consensus revenue estimate of $3.5 billion. Capri also updated its Q2 2027 guidance to 0.200-0.200 EPS.

Capri Stock Performance

NYSE CPRI traded up $0.46 on Friday, hitting $15.46. 3,922,152 shares of the company’s stock traded hands, compared to its average volume of 3,187,981. The firm’s 50-day moving average price is $18.07 and its two-hundred day moving average price is $19.15. The firm has a market capitalization of $1.77 billion, a PE ratio of 11.86, a P/E/G ratio of 0.28 and a beta of 1.41. The company has a current ratio of 1.19, a quick ratio of 0.60 and a debt-to-equity ratio of 2.27. Capri has a 1-year low of $14.78 and a 1-year high of $28.26.

Capri (NYSE:CPRI) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.27. Capri had a net margin of 4.44% and a return on equity of 297.36%. The firm had revenue of $769.00 million for the quarter, compared to analyst estimates of $757.61 million. During the same quarter in the prior year, the business earned $0.50 earnings per share. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. As a group, analysts expect that Capri will post 2.15 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on CPRI shares. Raymond James Financial reiterated an “outperform” rating and set a $22.00 price objective on shares of Capri in a research note on Thursday, May 28th. Weiss Ratings raised Capri from a “sell (e+)” rating to a “sell (d)” rating in a report on Thursday, May 28th. Telsey Advisory Group decreased their price target on Capri from $21.00 to $18.00 and set a “market perform” rating for the company in a report on Thursday. BTIG Research dropped their price objective on shares of Capri from $30.00 to $25.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, TD Cowen lowered shares of Capri from a “buy” rating to a “hold” rating and dropped their price target for the company from $20.00 to $17.00 in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $21.93.

Insider Buying and Selling

In other Capri news, Director Stephen F. Reitman sold 17,981 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $19.42, for a total transaction of $349,191.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.60% of the company’s stock.

More Capri News

Here are the key news stories impacting Capri this week:

• Positive Sentiment: Q1 earnings exceeded expectations. Capri reported adjusted EPS of $0.67, well above the $0.40 analyst consensus, while revenue of $769 million also topped estimates of $757.6 million. Margin gains and growth at Jimmy Choo provided support, although total revenue still declined year over year. CPRI Q1 Earnings Beat Estimates on Margin Gains, Jimmy Choo Growth
• Positive Sentiment: Some analysts still see upside. BTIG maintained a Buy rating despite cutting its price target from $30 to $25, implying substantial potential appreciation if management’s recovery strategy gains traction. BTIG Capri price-target update
• Neutral Sentiment: Analyst opinion remains mixed. Recent coverage describes conflicting views on Capri, reflecting the tension between its low valuation and the need for sustained improvement across Michael Kors and Jimmy Choo. Analysts Have Conflicting Sentiments on Consumer Cyclical Companies
• Negative Sentiment: Multiple firms lowered targets. UBS cut its target from $20 to $17 and retained a Neutral rating; Goldman Sachs reduced its target from $21 to $18; and Telsey lowered its target from $21 to $18. These revisions signal more modest expectations even though the targets remain above the recent share price. Capri Price Target Cut to $17 by UBS
• Negative Sentiment: Turnaround concerns persist. Commentary highlights declining sales at Michael Kors, only modest improvement at Jimmy Choo, limited luxury-brand resilience and uncertainty surrounding Capri’s currency hedges. Analysts argue the stock’s headline valuation may overstate its attractiveness. Capri Holdings: The Turnaround Needs To Show Something More

Institutional Investors Weigh In On Capri

Institutional investors have recently bought and sold shares of the company. Quantbot Technologies LP purchased a new stake in Capri during the 2nd quarter worth approximately $39,000. Headlands Technologies LLC acquired a new stake in shares of Capri in the second quarter worth approximately $139,000. State of Wyoming acquired a new stake in shares of Capri in the second quarter worth approximately $173,000. Corient Private Wealth LLC purchased a new stake in shares of Capri during the fourth quarter worth approximately $201,000. Finally, Bayesian Capital Management LP purchased a new stake in shares of Capri during the second quarter worth approximately $202,000. 84.34% of the stock is currently owned by institutional investors and hedge funds.

About Capri

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.