Capri (NYSE:CPRI) Announces Earnings Results, Misses Estimates By $0.27 EPS

Capri (NYSE:CPRI) issued its earnings results on Wednesday. The company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.27), Zacks reports. Capri had a negative net margin of 7.44% and a positive return on equity of 16.54%. During the same quarter in the prior year, the company posted $1.20 earnings per share. Capri updated its FY 2026 guidance to EPS and its FY 2025 guidance to EPS.

Capri Stock Down 12.8 %

Shares of NYSE:CPRI traded down $3.07 during midday trading on Wednesday, hitting $20.97. The stock had a trading volume of 5,379,121 shares, compared to its average volume of 2,889,633. The company has a quick ratio of 0.38, a current ratio of 0.93 and a debt-to-equity ratio of 0.83. The business’s 50-day simple moving average is $22.72 and its 200-day simple moving average is $29.39. Capri has a 12 month low of $18.70 and a 12 month high of $47.80. The company has a market cap of $2.47 billion, a P/E ratio of -6.90, a PEG ratio of 5.76 and a beta of 2.06.

Wall Street Analysts Forecast Growth

CPRI has been the topic of several recent analyst reports. Robert W. Baird reduced their target price on Capri from $24.00 to $23.00 and set a “neutral” rating on the stock in a report on Friday, November 8th. BMO Capital Markets upgraded Capri from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $25.00 to $31.00 in a report on Monday, January 6th. Guggenheim raised Capri from a “neutral” rating to a “buy” rating and set a $30.00 target price for the company in a research note on Tuesday, November 26th. Wells Fargo & Company lifted their price target on shares of Capri from $28.00 to $30.00 and gave the company an “overweight” rating in a research note on Monday, January 27th. Finally, Jefferies Financial Group increased their price objective on shares of Capri from $20.00 to $23.00 and gave the stock a “hold” rating in a research report on Tuesday, January 28th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Capri has an average rating of “Hold” and a consensus price target of $26.36.

Capri Company Profile

Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as well as through e-commerce sites.