Capri Holdings Limited (NYSE:CPRI) Given Consensus Recommendation of "Hold" by Brokerages

Capri Holdings Limited (NYSE:CPRI - Get Free Report) has been given an average rating of "Hold" by the twelve research firms that are covering the stock, MarketBeat.com reports. Eight research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $25.92.

A number of analysts have recently issued reports on CPRI shares. Wells Fargo & Company boosted their price objective on Capri from $28.00 to $30.00 and gave the company an "overweight" rating in a research report on Monday, January 27th. JPMorgan Chase & Co. increased their price objective on shares of Capri from $15.00 to $19.00 and gave the company a "neutral" rating in a research note on Monday, December 16th. StockNews.com raised shares of Capri from a "sell" rating to a "hold" rating in a report on Friday, February 7th. Jefferies Financial Group upped their target price on shares of Capri from $20.00 to $23.00 and gave the company a "hold" rating in a research note on Tuesday, January 28th. Finally, BMO Capital Markets upgraded Capri from a "market perform" rating to an "outperform" rating and upped their price objective for the company from $25.00 to $31.00 in a research note on Monday, January 6th.

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Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Sunbelt Securities Inc. bought a new stake in shares of Capri during the third quarter worth $42,000. Twin Tree Management LP acquired a new stake in Capri in the fourth quarter worth about $45,000. Quarry LP bought a new stake in Capri during the 3rd quarter worth about $53,000. Aster Capital Management DIFC Ltd acquired a new position in Capri during the 4th quarter valued at about $74,000. Finally, KBC Group NV boosted its stake in shares of Capri by 63.9% in the 4th quarter. KBC Group NV now owns 5,039 shares of the company's stock valued at $106,000 after purchasing an additional 1,965 shares during the last quarter. Institutional investors and hedge funds own 84.34% of the company's stock.

Capri Stock Performance

Capri stock traded down $0.61 during mid-day trading on Thursday, reaching $13.92. The company had a trading volume of 6,676,703 shares, compared to its average volume of 2,995,575. The company has a 50 day moving average of $21.26 and a 200-day moving average of $25.07. Capri has a 52 week low of $13.12 and a 52 week high of $44.11. The company has a quick ratio of 0.59, a current ratio of 1.21 and a debt-to-equity ratio of 1.36. The firm has a market cap of $1.64 billion, a price-to-earnings ratio of -1.63, a PEG ratio of 7.80 and a beta of 1.77.

Capri (NYSE:CPRI - Get Free Report) last released its earnings results on Wednesday, February 5th. The company reported $0.45 earnings per share for the quarter, missing analysts' consensus estimates of $0.72 by ($0.27). Capri had a positive return on equity of 12.89% and a negative net margin of 21.79%. During the same period last year, the company earned $1.20 EPS. On average, sell-side analysts expect that Capri will post 0.98 EPS for the current fiscal year.

Capri Company Profile

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.