Capri (NYSE:CPRI) Earns "Market Perform" Rating from Telsey Advisory Group

Capri (NYSE:CPRI - Get Free Report)'s stock had its "market perform" rating reaffirmed by equities researchers at Telsey Advisory Group in a note issued to investors on Wednesday,Benzinga reports. They presently have a $23.00 price target on the stock. Telsey Advisory Group's target price points to a potential upside of 70.04% from the company's previous close. Telsey Advisory Group also issued estimates for Capri's Q3 2026 earnings at $0.48 EPS.

Other equities analysts have also issued research reports about the company. BMO Capital Markets raised Capri from a "market perform" rating to an "outperform" rating and upped their price objective for the stock from $25.00 to $31.00 in a research note on Monday, January 6th. Guggenheim reaffirmed a "buy" rating and set a $30.00 price objective on shares of Capri in a report on Wednesday, February 12th. Bank of America started coverage on shares of Capri in a research report on Monday, February 10th. They set a "neutral" rating and a $23.00 price objective on the stock. Jefferies Financial Group upped their target price on shares of Capri from $20.00 to $23.00 and gave the stock a "hold" rating in a research report on Tuesday, January 28th. Finally, Citigroup upgraded shares of Capri from a "neutral" rating to a "buy" rating and lifted their price target for the company from $21.00 to $29.00 in a report on Friday, January 10th. Nine equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $25.92.

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Capri Stock Performance

Shares of NYSE CPRI traded down $0.99 during trading on Wednesday, hitting $13.53. The company had a trading volume of 3,394,880 shares, compared to its average volume of 2,983,022. The stock has a 50 day simple moving average of $21.49 and a 200 day simple moving average of $25.25. The firm has a market capitalization of $1.59 billion, a P/E ratio of -1.58, a price-to-earnings-growth ratio of 7.80 and a beta of 1.77. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 1.21. Capri has a 12 month low of $13.12 and a 12 month high of $44.11.

Capri (NYSE:CPRI - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.45 earnings per share (EPS) 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 quarter in the previous year, the firm earned $1.20 earnings per share. As a group, analysts anticipate that Capri will post 0.98 earnings per share for the current year.

Institutional Trading of Capri

Several hedge funds and other institutional investors have recently bought and sold shares of CPRI. Moody National Bank Trust Division increased its position in Capri by 9.8% during the first quarter. Moody National Bank Trust Division now owns 43,857 shares of the company's stock valued at $865,000 after acquiring an additional 3,920 shares during the last quarter. PKO Investment Management Joint Stock Co bought a new position in Capri during the 4th quarter valued at about $526,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Capri during the 4th quarter valued at about $556,000. Twin Lakes Capital Management LLC raised its position in Capri by 88.5% in the 4th quarter. Twin Lakes Capital Management LLC now owns 323,736 shares of the company's stock worth $6,818,000 after purchasing an additional 151,988 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Capri by 6.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 341,633 shares of the company's stock worth $7,195,000 after purchasing an additional 19,799 shares during the last quarter. Hedge funds and other institutional investors own 84.34% of the company's stock.

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.