In the latest trading session, 3.82 million Capri Holdings Ltd (NYSE:CPRI) shares changed hands as the company’s beta touched 2.09. With the company’s most recent per share price at $20.81 changed hands at -$3.22 or -13.42% at last look, the market valuation stands at $2.45B. CPRI’s current price is a discount, trading about -129.7% off its 52-week high of $47.80. The share price had its 52-week low at $18.70, which suggests the last value was 10.14% up since then. When we look at Capri Holdings Ltd’s average trading volume, we note the 10-day average is 2.68 million shares, with the 3-month average coming to 3.88 million.
Analysts gave the Capri Holdings Ltd (CPRI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.41. If we narrow down to specifics, the data shows that 0 out of 11 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended CPRI as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight. Capri Holdings Ltd’s EPS for the current quarter is expected to be 0.3.
Capri Holdings Ltd (NYSE:CPRI) trade information
Instantly CPRI was in red as seen in intraday trades today. With action -18.41%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -1.21%, with the 5-day performance at -18.41% in the red. However, in the 30-day time frame, Capri Holdings Ltd (NYSE:CPRI) is 2.59% up. Looking at the short shares, we see there were 9.25 million shares sold at short interest cover period of 3.07 days.
The consensus price target for the stock as assigned by Wall Street analysts is 41, meaning bulls need an upside of 49.24% from its recent market value. According to analyst projections, CPRI’s forecast low is 41 with 41 as the target high. To hit the forecast high, the stock’s price needs a -97.02% plunge from its current level, while the stock would need to soar -97.02% for it to hit the projected low.
Capri Holdings Ltd (CPRI) estimates and forecasts
Data shows that the Capri Holdings Ltd share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -35.57% over the past 6 months, a -56.86% in annual growth rate that is considerably lower than the industry average of 8.90%. Year-over-year growth is forecast to reach -12.70% down from the last financial year.
Consensus estimates given by 15 financial analysts project the company’s revenue in the current quarter to hit an average of 1.11B. 6 analysts are of the opinion that Capri Holdings Ltd’s revenue for the current quarter will be 1.05B. The company’s revenue for the corresponding quarters a year ago was 1.22B and 1.07B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -9.56%. The estimates for the next quarter sales put growth at -1.55%.
The 2025 estimates are for Capri Holdings Ltd earnings to decrease by -54.90%, but the outlook for the next 5-year period is at -14.44% per year.
CPRI Dividends
Capri Holdings Ltd is expected to release its next quarterly earnings report in March.
Capri Holdings Ltd (NYSE:CPRI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.28% of Capri Holdings Ltd shares while 88.76% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 90.83%. There are 88.76% institutions holding the Capri Holdings Ltd stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 9.8556% of the shares, roughly 11.53 million CPRI shares worth $381.49 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.5452% or 10.0 million shares worth $330.77 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were iShares Core S&P Midcap ETF and Vanguard Total Stock Market Index Fund. With 3.78 shares estimated at $79.9 million under it, the former controlled 3.21% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 3.01% of the shares, roughly 3.55 shares worth around $74.91 million.
