Brokerages Set Capri Holdings Limited (NYSE:CPRI) PT at $25.92

Shares of Capri Holdings Limited (NYSE:CPRI) have received a consensus recommendation of “Hold” from the twelve ratings firms that are covering the stock, Marketbeat reports. Eight analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $25.92.

Several equities analysts recently weighed in on the company. Wells Fargo & Company lifted their price target on Capri from $28.00 to $30.00 and gave the company an “overweight” rating in a research note on Monday, January 27th. Jefferies Financial Group boosted their price objective on Capri from $20.00 to $23.00 and gave the company a “hold” rating in a research report on Tuesday, January 28th. JPMorgan Chase & Co. increased their target price on Capri from $15.00 to $19.00 and gave the company a “neutral” rating in a research report 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. Finally, Barclays decreased their price objective on shares of Capri from $21.00 to $19.00 and set an “equal weight” rating on the stock in a report on Thursday, February 6th.

Capri Trading Down 3.5 %

Capri stock opened at $14.46 on Thursday. The stock has a 50-day moving average price of $21.49 and a 200 day moving average price of $25.45. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of -1.69, a price-to-earnings-growth ratio of 7.80 and a beta of 1.77. 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.

Capri (NYSE:CPRI) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.27). Capri had a negative net margin of 21.79% and a positive return on equity of 12.89%. During the same quarter last year, the firm earned $1.20 EPS. Sell-side analysts anticipate that Capri will post 0.98 EPS for the current year.

Hedge Funds Weigh In On Capri

A number of institutional investors have recently added to or reduced their stakes in CPRI. Primecap Management Co. CA increased its stake in shares of Capri by 13.2% in the 4th quarter. Primecap Management Co. CA now owns 4,688,333 shares of the company’s stock worth $98,736,000 after acquiring an additional 547,578 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Capri by 76.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 321,834 shares of the company’s stock worth $13,659,000 after purchasing an additional 139,063 shares during the last quarter. Geode Capital Management LLC raised its stake in Capri by 2.2% during the third quarter. Geode Capital Management LLC now owns 1,942,145 shares of the company’s stock worth $82,446,000 after purchasing an additional 41,009 shares during the period. Rule One Partners LLC acquired a new position in Capri in the 3rd quarter valued at about $2,483,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Capri in the 4th quarter valued at approximately $2,167,000. Hedge funds and other institutional investors own 84.34% of the company’s stock.

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.