Shares of Capri Holdings Ltd (NYSE:CPRI) have been assigned a consensus rating of “Hold” from the fourteen ratings firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $52.00.
A number of analysts have recently weighed in on CPRI shares. Wells Fargo & Co reiterated a “hold” rating on shares of Canada Goose in a research note on Thursday, May 30th. Needham & Company LLC reiterated a “hold” rating on shares of GrubHub in a research note on Wednesday, June 5th. ValuEngine lowered shares of Viewray from a “buy” rating to a “hold” rating in a research note on Wednesday, April 24th. Guggenheim reiterated a “buy” rating and issued a $150.00 price objective on shares of PVH in a research note on Wednesday, May 29th. Finally, Canaccord Genuity reiterated a “buy” rating and issued a $10.00 price objective on shares of Synthesis Energy Systems in a research note on Thursday, May 30th.
In other news, CEO John D. Idol purchased 615,000 shares of the company’s stock in a transaction that occurred on Monday, June 3rd. The shares were bought at an average price of $32.57 per share, for a total transaction of $20,030,550.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Thomas Jr. Edwards purchased 11,600 shares of the company’s stock in a transaction that occurred on Tuesday, June 4th. The shares were purchased at an average price of $34.41 per share, for a total transaction of $399,156.00. The disclosure for this purchase can be found here. 5.30% of the stock is currently owned by company insiders.
Capri stock traded up $0.26 during mid-day trading on Thursday, reaching $34.89. 73,378 shares of the company traded hands, compared to its average volume of 2,729,858. The firm has a market capitalization of $5.23 billion, a P/E ratio of 7.02, a price-to-earnings-growth ratio of 1.07 and a beta of 0.74. Capri has a fifty-two week low of $32.08 and a fifty-two week high of $75.96. The company has a fifty day moving average price of $34.89. The company has a quick ratio of 0.50, a current ratio of 1.12 and a debt-to-equity ratio of 0.80.
Capri (NYSE:CPRI) last released its quarterly earnings data on Wednesday, May 29th. The company reported $0.63 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.02. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.33 billion. Capri had a net margin of 10.36% and a return on equity of 33.75%. The business’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.63 earnings per share. Research analysts anticipate that Capri will post 4.95 EPS for the current year.
Capri Company Profile
Capri Holdings Limited design, markets, distributes, and retails branded women's and men's apparel and accessories. It operates in four segments: MK Retail, MK Wholesale, MK Licensing, and Jimmy Choo. The MK Retail segment sells women's apparel; handbags and small leather goods; men's apparel; footwear; and licensed products comprising watches, jewelry, fragrances, and beauty and eyewear.
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