Capri (NYSE:CPRI) Stock Price Target Raised at Barclays

Capri (NYSE:CPRI) had its price target hoisted by stock analysts at Barclays from $19.00 to $24.00 in a report issued on Monday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s target price points to a potential upside of 18.97% from the company’s previous close.

CPRI has been the subject of a number of other research reports. Jefferies Financial Group reaffirmed a “hold” rating on shares of Capri in a research note on Tuesday, September 22nd. The Goldman Sachs Group lifted their price objective on Capri from $18.00 to $20.00 and gave the stock a “neutral” rating in a report on Monday. BTIG Research lowered their target price on Capri from $30.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. UBS Group restated a “neutral” rating and set a $19.00 target price on shares of Capri in a report on Monday. Finally, Wall Street Zen upgraded Capri from a “hold” rating to a “buy” rating in a report on Saturday, September 5th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $22.53.

Capri Price Performance

Shares of CPRI traded up $1.49 during trading hours on Monday, reaching $20.17. 4,955,471 shares of the company’s stock traded hands, compared to its average volume of 3,581,622. Capri has a 12 month low of $12.40 and a 12 month high of $28.26. The stock has a market cap of $2.29 billion, a PE ratio of 11.36, a price-to-earnings-growth ratio of 0.38 and a beta of 1.35. The company has a current ratio of 1.18, a quick ratio of 0.50 and a debt-to-equity ratio of 6.31. The firm’s 50 day simple moving average is $14.62 and its 200-day simple moving average is $17.91.

Capri (NYSE:CPRI) last released its quarterly earnings results on Friday, October 30th. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. Capri had a net margin of 6.12% and a return on equity of 242.96%. The business had revenue of $809.00 million during the quarter, compared to analysts’ expectations of $786.55 million. During the same quarter in the previous year, the company earned ($0.03) EPS. The business’s quarterly revenue was down 5.5% compared to the same quarter last year. Equities analysts expect that Capri will post 2.20 EPS for the current year.

Institutional Investors Weigh In On Capri

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Segall Bryant & Hamill LLC grew its holdings in Capri by 92.6% in the 1st quarter. Segall Bryant & Hamill LLC now owns 2,734,735 shares of the company’s stock worth $48,186,000 after acquiring an additional 1,314,611 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Capri by 34.7% during the first quarter. Dimensional Fund Advisors LP now owns 2,165,618 shares of the company’s stock worth $38,154,000 after purchasing an additional 557,955 shares during the period. Cooper Creek Partners Management LLC purchased a new stake in shares of Capri during the first quarter worth about $23,784,000. Allspring Global Investments Holdings LLC grew its stake in shares of Capri by 15.6% in the first quarter. Allspring Global Investments Holdings LLC now owns 640,980 shares of the company’s stock worth $11,518,000 after purchasing an additional 86,361 shares during the last quarter. Finally, SummitTX Capital L.P. grew its stake in shares of Capri by 222.3% in the first quarter. SummitTX Capital L.P. now owns 569,054 shares of the company’s stock worth $10,027,000 after purchasing an additional 392,517 shares during the last quarter. 84.34% of the stock is currently owned by institutional investors.

Capri News Roundup

Here are the key news stories impacting Capri this week:

• Positive Sentiment: Earnings beat and improved outlook: Capri exceeded quarterly earnings expectations as Jimmy Choo revenue growth and margin gains offset lower overall sales. The company also raised its fiscal 2027 outlook, providing a catalyst for the stock. CPRI Q2 Earnings Beat on Jimmy Choo Growth, FY’27 Outlook Raised
• Positive Sentiment: Operational improvements: Michael Kors reduced promotional days by approximately 50% during the quarter, while Jimmy Choo’s revenue increased 11.5% year over year. Lower discounting could support margins and brand positioning. Capri Holdings: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Market reaction to earnings: Reports noted that CPRI shares rallied and gapped higher after the earnings turnaround, indicating that investors viewed the results and outlook as better than feared. Capri Holdings Stock Price Rallies on Q2 Earnings Turnaround
• Neutral Sentiment: Analyst coverage remains cautious: TD Cowen initiated coverage with a “Hold” rating, suggesting limited conviction that the recent rebound will translate into sustained upside. Capri Stock Rated Hold in New Coverage at TD Cowen
• Negative Sentiment: Price targets trail the market price: Goldman Sachs raised its target to $20 but kept a “Neutral” rating, while Wells Fargo lifted its target to $18 and maintained “Equal Weight.” Both targets imply limited or negative upside from recent levels. Goldman Sachs Capri Price Target Wells Fargo Capri Price Target

Capri Company Profile

Capri Holdings Limited (NYSE: CPRI) is a global fashion and luxury goods company headquartered in London. The company designs, develops, markets and distributes luxury apparel, footwear, handbags, accessories, watches, jewelry and fragrances through its portfolio of fashion brands.

Capri’s principal brands are Michael Kors, Versace and Jimmy Choo. Michael Kors offers a broad range of fashion and lifestyle products, including handbags, footwear, apparel, watches and accessories. Versace is known for luxury clothing, accessories, footwear, home products and fragrances, while Jimmy Choo specializes in luxury footwear, handbags, accessories and fragrances.

The company sells its products through directly operated retail stores, e-commerce platforms, wholesale partners, department stores, specialty retailers and other distribution channels.