Capri (NYSE:CPRI) Receives “Overweight” Rating from Barclays

Capri (NYSE:CPRI)‘s stock had its “overweight” rating reaffirmed by Barclays in a research report issued on Wednesday, MarketBeat.com reports. They currently have a $31.00 target price on the stock. Barclays‘s price target indicates a potential upside of 11.94% from the stock’s current price.

A number of other brokerages also recently weighed in on CPRI. Zacks Research raised shares of Capri from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. Telsey Advisory Group increased their target price on shares of Capri from $22.00 to $23.00 and gave the company a “market perform” rating in a research note on Wednesday, November 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Capri in a report on Wednesday, October 8th. Raymond James Financial raised Capri from a “market perform” rating to an “outperform” rating and set a $25.00 price objective for the company in a research note on Tuesday, October 21st. Finally, JPMorgan Chase & Co. upgraded Capri from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $21.00 to $30.00 in a report on Wednesday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $26.08.

Capri Stock Performance

Shares of NYSE CPRI opened at $27.69 on Wednesday. Capri has a 1 year low of $11.86 and a 1 year high of $28.27. The firm has a market cap of $3.30 billion, a P/E ratio of -2.82, a PEG ratio of 0.55 and a beta of 1.48. The stock has a fifty day moving average price of $22.13 and a two-hundred day moving average price of $20.20. The company has a debt-to-equity ratio of 3.97, a quick ratio of 0.69 and a current ratio of 1.25.

Capri (NYSE:CPRI) last posted its quarterly earnings data on Tuesday, November 4th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.17). The firm had revenue of $856.00 million during the quarter, compared to the consensus estimate of $825.74 million. Capri had a negative return on equity of 138.53% and a negative net margin of 29.55%.Capri has set its Q3 2026 guidance at 0.700-0.80 EPS and its FY 2026 guidance at 1.200-1.400 EPS. Research analysts forecast that Capri will post 0.98 EPS for the current fiscal year.

Institutional Trading of Capri

A number of hedge funds have recently modified their holdings of CPRI. Federated Hermes Inc. grew its holdings in shares of Capri by 20.6% during the first quarter. Federated Hermes Inc. now owns 21,965 shares of the company’s stock valued at $433,000 after buying an additional 3,756 shares in the last quarter. XTX Topco Ltd acquired a new stake in Capri during the 1st quarter worth about $364,000. US Bancorp DE boosted its position in Capri by 30.2% during the 1st quarter. US Bancorp DE now owns 4,932 shares of the company’s stock worth $97,000 after acquiring an additional 1,143 shares during the period. PNC Financial Services Group Inc. grew its stake in Capri by 5.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 12,320 shares of the company’s stock valued at $243,000 after acquiring an additional 667 shares in the last quarter. Finally, Exencial Wealth Advisors LLC grew its stake in Capri by 9.1% during the 1st quarter. Exencial Wealth Advisors LLC now owns 17,075 shares of the company’s stock valued at $337,000 after acquiring an additional 1,424 shares in 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.