Capri Holdings Ltd (NYSE: CPRI) Has Dropped -52.91% So Far This Year. Does That Mean Trouble Ahead?

During the recent session, Capri Holdings Ltd (NYSE:CPRI)’s traded shares were 0.39 million, with the beta value of the company hitting 1.76. At the last check today, the stock’s price was $21.61, reflecting an intraday loss of -0.49% or -$0.11. The 52-week high for the CPRI share is $47.17, that puts it down -118.28 from that peak though still a striking 13.47% gain since the share price plummeted to a 52-week low of $18.70. The company’s market capitalization is $2.55B, and the average trade volume was 3.36 million shares over the past three months.

Capri Holdings Ltd (CPRI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.61. CPRI has a Sell rating from 0 analyst(s) out of 11 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 8 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.14.

Capri Holdings Ltd (NYSE:CPRI) trade information

Capri Holdings Ltd (CPRI) registered a -0.49% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.49% in intraday trading to $21.61, hitting a weekly high. The stock’s 5-day price performance is -1.66%, and it has moved by 0.02% in 30 days. Based on these gigs, the overall price performance for the year is -52.91%.

The consensus price target of analysts on Wall Street is $41, which implies an increase of 47.29% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $41 and $41 respectively. As a result, CPRI is trading at a discount of -89.73% off the target high and -89.73% off the low.

Capri Holdings Ltd (CPRI) estimates and forecasts

In the rating firms’ projections, revenue will decrease -15.05% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 986.14M as predicted by 12 analyst(s). Meanwhile, a consensus of 8 analyst(s) estimates revenue growth to 958.39M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.22B and 1.07B respectively. In this case, analysts expect current quarter sales to shrink by -19.37% and then drop by -10.18% in the coming quarter.

While earnings are projected to return -70.93% in 2025, the next five years will return -19.62% per annum.

CPRI Dividends

Capri Holdings Ltd is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

The next largest institutional holding, with 10.0 million shares, is of BLACKROCK INC.’s that is approximately 8.5452% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $330.77 million.

Also, the Mutual Funds coming in first place with the largest holdings of Capri Holdings Ltd (CPRI) shares are Fidelity Blue Chip Growth Fund and iShares Core S&P Midcap ETF. Data provided on Dec 31, 2024 indicates that Fidelity Blue Chip Growth Fund owns about 4.82 shares. This amounts to just over 4.08 percent of the company’s overall shares, with a $102.57 million market value. The same data shows that the other fund manager holds slightly less at 3.82, or about 3.24% of the stock, which is worth about $81.44 million.