In today’s recent session, 3.63 million shares of the Capri Holdings Ltd (NYSE:CPRI) have been traded, and its beta is 1.98. Most recently the company’s share price was $19.98, and it changed around -$0.5 or -2.47% from the last close, which brings the market valuation of the company to $2.35B. CPRI at last check was trading at a discount to its 52-week high of $51.46, offering almost -157.56% off that amount. The share price’s 52-week low was $20.48, which indicates that the recent value has fallen by an impressive -2.5% since then. We note from Capri Holdings Ltd’s average daily trading volume that its 10-day average is 9.73 million shares, with the 3-month average coming to 2.81 million.

Capri Holdings Ltd stock received a consensus recommendation rating of Hold, based on a mean score of 2.75. If we narrow it down even further, the data shows that 0 out of 16 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 13 recommended CPRI as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Capri Holdings Ltd is expected to report earnings per share of 0.75 for the current quarter.

Capri Holdings Ltd (NYSE:CPRI) trade information

Instantly CPRI has been showing red trend so far today with a performance of -2.47% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 42.21 on recent trading dayincreased the stock’s daily price by 52.67%. The company’s shares are currently down -60.24% year-to-date, but still down -52.22% over the last five days. On the other hand, Capri Holdings Ltd (NYSE:CPRI) is -52.60% down in the 30-day period. We can see from the shorts that 8.49 million shares have been sold at a short interest cover period of 5.4 day(s).

The consensus price target as assigned by Wall Street analysts is $65, which translates to bulls needing to increase their stock price by 69.26% from its current value. Analyst projections state that CPRI is forecast to be at a low of $38 and a high of $99.

Capri Holdings Ltd (CPRI) estimates and forecasts

Capri Holdings Ltd share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -43.33 percent over the past six months and at a -41.43% annual growth rate that is well below the industry average of 11.90%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -33.60% in revenue this quarter, and will report a decrease of -16.70% in the next quarter. The year-over-year growth rate is expected to be -7.90%, down from the previous year.

Consensus estimates provided by 12 financial analysts predict the company will bring in an average of 1.18B in revenue for the current quarter. 12 analysts expect Capri Holdings Ltd to make 1.34B in revenue for the current ending quarter.

Capri Holdings Ltd earnings are expected to increase by -37.03% in 2024, but the outlook is positive 3.00% per year for the next five years.

CPRI Dividends

Capri Holdings Ltd’s next quarterly earnings report is expected to be released on 2024-Nov-07.

Capri Holdings Ltd (NYSE:CPRI)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 2.28% of Capri Holdings Ltd shares, and 85.62% of them are in the hands of institutional investors. The stock currently has a share float of 87.62%. Capri Holdings Ltd stock is held by 493.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.8556% of the shares, which is about 11.53 million shares worth $381.49 million.

BLACKROCK INC., with 8.5452% or 10.0 million shares worth $330.77 million as of 2024-06-30, holds the second largest percentage of outstanding shares.