Capri (NYSE:CPRI) Releases FY 2027 Earnings Guidance

Capri (NYSE:CPRI) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.150-2.150 for the period, compared to the consensus earnings per share estimate of 1.850. The company issued revenue guidance of $3.5 billion-$3.5 billion, compared to the consensus revenue estimate of $3.5 billion. Capri also updated its Q1 2027 guidance to 0.400-0.400 EPS.

Wall Street Analyst Weigh In

Several brokerages have weighed in on CPRI. TD Cowen reaffirmed a “buy” rating on shares of Capri in a report on Wednesday, February 4th. JPMorgan Chase & Co. lifted their price objective on Capri from $30.00 to $31.00 and gave the company an “overweight” rating in a report on Monday, April 13th. Wells Fargo & Company dropped their price objective on Capri from $27.00 to $21.00 and set an “equal weight” rating for the company in a report on Wednesday, February 4th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $23.00 price objective on shares of Capri in a report on Tuesday, February 3rd. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Capri in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Capri presently has a consensus rating of “Hold” and an average price target of $25.92.

Capri Price Performance

Capri stock opened at $18.63 on Wednesday. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.52 and a current ratio of 1.14. Capri has a 52 week low of $16.22 and a 52 week high of $28.26. The stock has a market capitalization of $2.22 billion, a P/E ratio of -4.37, a price-to-earnings-growth ratio of 0.29 and a beta of 1.43. The stock has a fifty day moving average of $18.77 and a 200-day moving average of $21.56.

Capri (NYSE:CPRI) last posted its quarterly earnings results on Wednesday, May 27th. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.11. Capri had a negative return on equity of 430.23% and a negative net margin of 13.57%.Capri has set its FY 2027 guidance at 2.150-2.150 EPS and its Q1 2027 guidance at 0.400-0.400 EPS. On average, sell-side analysts expect that Capri will post 1.39 earnings per share for the current fiscal year.

Insider Buying and Selling at Capri

In related news, CEO John D. Idol bought 55,000 shares of the firm’s stock in a transaction on Wednesday, March 11th. The shares were purchased at an average price of $17.98 per share, with a total value of $988,900.00. Following the completion of the purchase, the chief executive officer owned 2,257,645 shares in the company, valued at $40,592,457.10. This represents a 2.50% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Insiders own 2.30% of the company’s stock.

Institutional Investors Weigh In On Capri

Several hedge funds and other institutional investors have recently modified their holdings of CPRI. Royal Bank of Canada increased its holdings in shares of Capri by 70.0% during the first quarter. Royal Bank of Canada now owns 380,838 shares of the company’s stock valued at $7,514,000 after acquiring an additional 156,757 shares in the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of 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 acquiring an additional 6,595 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of 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 acquiring an additional 1,313 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Capri by 22.4% during the first quarter. Goldman Sachs Group Inc. now owns 764,509 shares of the company’s stock valued at $15,084,000 after acquiring an additional 139,809 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Capri by 23.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 422,561 shares of the company’s stock valued at $8,337,000 after acquiring an additional 80,928 shares in the last quarter. 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.