Capri (NYSE:CPRI) Releases FY 2027 Earnings Guidance

Capri (NYSE:CPRI) issued an update on its FY 2027 earnings guidance on Wednesday. The company provided EPS guidance of 2.150-2.150 for the period, compared to the consensus earnings per share 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.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on CPRI shares. JPMorgan Chase & Co. decreased their price objective on Capri from $29.00 to $22.00 and set an “overweight” rating for the company in a report on Tuesday. UBS Group reduced their target price on shares of Capri from $22.00 to $20.00 and set a “neutral” rating on the stock in a research report on Thursday, May 28th. Barclays decreased their price target on shares of Capri from $24.00 to $20.00 and set an “overweight” rating for the company in a research note on Thursday, July 16th. Telsey Advisory Group lowered their price target on Capri from $23.00 to $21.00 and set a “market perform” rating for the company in a research report on Thursday, May 28th. Finally, Bank of America dropped their target price on shares of Capri from $23.00 to $20.00 and set a “neutral” rating for the company in a report on Thursday, May 28th. One equities research 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 company. Based on data from MarketBeat, Capri presently has a consensus rating of “Hold” and an average target price of $23.33.

Capri Trading Down 3.0%

CPRI stock traded down $0.49 during midday trading on Wednesday, hitting $16.02. The stock had a trading volume of 4,858,578 shares, compared to its average volume of 3,155,284. Capri has a 1-year low of $15.19 and a 1-year high of $28.26. The company has a current ratio of 1.21, a quick ratio of 0.60 and a debt-to-equity ratio of 4.08. The business has a fifty day moving average price of $18.21 and a two-hundred day moving average price of $19.28. The firm has a market cap of $1.84 billion, a P/E ratio of 13.92, a price-to-earnings-growth ratio of 0.30 and a beta of 1.41.

Capri (NYSE:CPRI) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.27. Capri had a return on equity of 664.22% and a net margin of 3.94%.The business’s revenue was down 3.5% compared to the same quarter last year. During the same period last year, the firm earned $0.50 EPS. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. On average, sell-side analysts predict that Capri will post 2.06 earnings per share for the current fiscal year.

Insider Transactions at Capri

In related news, Director Stephen F. Reitman sold 17,981 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $19.42, for a total value of $349,191.02. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.60% of the stock is owned by company insiders.

Trending Headlines about Capri

Here are the key news stories impacting Capri this week:

• Positive Sentiment: Capri reported fiscal Q1 2027 earnings of $0.67 per share, well above the $0.40 analyst consensus and up from $0.50 a year earlier. Revenue also exceeded expectations, providing a near-term earnings positive. Capri Holdings Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: JPMorgan maintained an Overweight rating, although it lowered its price target from $29 to $22. The revised target still implied substantial upside based on the reported share price. JPMorgan Capri Price Target
• Neutral Sentiment: Capri’s Q1 revenue declined 3.5% year over year, suggesting that the earnings beat was not accompanied by broad-based sales growth. Analysts are also watching operating metrics across the company’s luxury brands. Key Metrics from Capri Q1 Earnings
• Negative Sentiment: Capri issued sharply weaker fiscal Q2 guidance: EPS of $0.20 versus the $0.45 consensus and revenue of $780 million versus expectations of $857 million. Full-year revenue guidance of approximately $3.4 billion was also below the $3.5 billion consensus, overshadowing the quarterly profit beat.
• Negative Sentiment: Management cited inventory delays and softer demand for Michael Kors handbags and accessories in some markets. Because Michael Kors is Capri’s largest brand, the weakness raises concerns about near-term sales momentum, inventory management and the company’s turnaround prospects. Capri Cuts Annual Revenue Forecast on Michael Kors Weakness

Institutional Investors Weigh In On Capri

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Quantbot Technologies LP bought a new stake in Capri during the second quarter worth about $39,000. Headlands Technologies LLC bought a new stake in Capri during the second quarter worth about $139,000. State of Wyoming purchased a new position in Capri in the second quarter worth about $173,000. Corient Private Wealth LLC purchased a new position in shares of Capri in the 4th quarter worth $201,000. Finally, Bayesian Capital Management LP bought a new position in shares of Capri during the 2nd quarter valued at approximately $202,000. Hedge funds and other institutional investors own 84.34% of the company’s stock.

Capri Company Profile

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.