Capri (NYSE:CPRI) Releases Q2 2027 Earnings Guidance

Capri (NYSE:CPRI) issued an update on its second quarter 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.200-0.200 for the period, compared to the consensus earnings per share estimate of 0.450. The company issued revenue guidance of $780.0 million-$780.0 million, compared to the consensus revenue estimate of $857.0 million. Capri also updated its FY 2027 guidance to 2.150-2.150 EPS.

Analysts Set New Price Targets

CPRI has been the subject of a number of analyst reports. UBS Group dropped their price target on Capri from $22.00 to $20.00 and set a “neutral” rating for the company in a research note on Thursday, May 28th. Wells Fargo & Company decreased their price target on shares of Capri from $20.00 to $16.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 15th. Telsey Advisory Group reduced their target price on Capri from $23.00 to $21.00 and set a “market perform” rating on the stock in a report on Thursday, May 28th. BTIG Research reaffirmed a “buy” rating and set a $30.00 price objective on shares of Capri in a research report on Thursday, May 28th. Finally, TD Cowen reduced their price objective on shares of Capri from $26.00 to $20.00 and set a “hold” rating for the company in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Capri presently has a consensus rating of “Hold” and an average target price of $23.33.

Capri Stock Performance

Capri stock opened at $16.30 on Wednesday. The firm has a market capitalization of $1.87 billion, a PE ratio of 14.30, a price-to-earnings-growth ratio of 0.30 and a beta of 1.41. 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 firm’s 50 day simple moving average is $18.21 and its 200 day simple moving average is $19.28. Capri has a 1-year low of $15.19 and a 1-year high of $28.26.

Capri (NYSE:CPRI) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.27. Capri had a net margin of 3.94% and a return on equity of 664.22%. The company’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.50 earnings per share. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. As a group, analysts expect that Capri will post 2.06 earnings per share for the current fiscal year.

Insider Buying and Selling at Capri

In other Capri news, Director Stephen F. Reitman sold 17,981 shares of the business’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $19.42, for a total transaction of $349,191.02. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.60% of the company’s stock.

Institutional Trading of Capri

Institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada increased its position in shares of Capri by 70.0% during the 1st quarter. Royal Bank of Canada now owns 380,838 shares of the company’s stock valued at $7,514,000 after purchasing an additional 156,757 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in Capri by 48.8% during the first quarter. Integrated Wealth Concepts LLC now owns 20,120 shares of the company’s stock valued at $397,000 after buying an additional 6,595 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Capri by 13.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,034 shares of the company’s stock valued at $218,000 after buying an additional 1,313 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Capri by 22.4% in the first quarter. Goldman Sachs Group Inc. now owns 764,509 shares of the company’s stock worth $15,084,000 after acquiring an additional 139,809 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Capri by 23.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 422,561 shares of the company’s stock worth $8,337,000 after acquiring an additional 80,928 shares during the last quarter. Hedge funds and other institutional investors own 84.34% of the company’s stock.

About Capri

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.