Capri Holdings Ltd (NYSE:CPRI) SVP Daniel Purefoy sold 2,292 shares of the firm’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $20.45, for a total transaction of $46,871.40. Following the sale, the senior vice president now owns 614 shares of the company’s stock, valued at $12,556.30. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
Shares of CPRI traded up $1.74 on Wednesday, reaching $22.89. The company’s stock had a trading volume of 37,807 shares, compared to its average volume of 3,083,946. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.94 and a quick ratio of 0.34. The stock has a market capitalization of $3.20 billion, a P/E ratio of -7.50, a PEG ratio of 10.07 and a beta of 1.90. The stock’s 50 day simple moving average is $16.57 and its two-hundred day simple moving average is $15.38. Capri Holdings Ltd has a 12-month low of $5.42 and a 12-month high of $39.90.
Capri (NYSE:CPRI) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($1.04) earnings per share for the quarter, beating the consensus estimate of ($1.11) by $0.07. Capri had a negative net margin of 9.62% and a positive return on equity of 12.62%. The business had revenue of $451.00 million for the quarter, compared to the consensus estimate of $429.17 million. During the same quarter in the previous year, the firm earned $0.95 earnings per share. The company’s revenue for the quarter was down 66.5% on a year-over-year basis. Analysts expect that Capri Holdings Ltd will post 0.44 earnings per share for the current year.
A number of analysts have weighed in on the stock. ValuEngine upgraded shares of Capri from a “sell” rating to a “hold” rating in a research note on Thursday, July 2nd. Needham & Company LLC initiated coverage on shares of Capri in a research note on Monday, June 29th. They issued a “hold” rating for the company. Deutsche Bank lifted their price target on shares of Capri from $21.00 to $25.00 and gave the stock a “hold” rating in a research note on Thursday, July 2nd. BNP Paribas initiated coverage on shares of Capri in a research note on Thursday, September 10th. They issued a “neutral” rating and a $20.00 price target for the company. Finally, Oppenheimer reiterated a “hold” rating on shares of Capri in a research note on Thursday, July 2nd. Fourteen research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Capri has an average rating of “Hold” and an average price target of $24.47.
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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