Capri (NYSE:CPRI) Updates Q2 2027 Earnings Guidance

Capri (NYSE:CPRI) updated its second quarter 2027 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.200-0.200 for the period, compared to the consensus earnings per share estimate of 0.450. The company issued revenue guidance of $780.0 million-$780.0 million, compared to the consensus revenue estimate of $857.0 million. Capri also updated its FY 2027 guidance to 2.150-2.150 EPS.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. TD Cowen cut shares of Capri from a “buy” rating to a “hold” rating and dropped their price objective for the company from $20.00 to $17.00 in a research note on Thursday. Raymond James Financial restated an “outperform” rating and set a $22.00 price target on shares of Capri in a research note on Thursday, May 28th. Telsey Advisory Group decreased their price objective on Capri from $21.00 to $18.00 and set a “market perform” rating on the stock in a report on Thursday. Wells Fargo & Company lowered their price objective on Capri from $20.00 to $16.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 15th. Finally, Bank of America dropped their target price on Capri from $23.00 to $20.00 and set a “neutral” rating for the company in a report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $21.93.

Capri Price Performance

Shares of CPRI traded up $0.46 during midday trading on Friday, hitting $15.46. The company’s stock had a trading volume of 3,922,152 shares, compared to its average volume of 3,187,981. The company has a quick ratio of 0.60, a current ratio of 1.19 and a debt-to-equity ratio of 2.27. Capri has a one year low of $14.78 and a one year high of $28.26. The stock has a market capitalization of $1.77 billion, a price-to-earnings ratio of 11.86, a price-to-earnings-growth ratio of 0.28 and a beta of 1.41. The company’s fifty day simple moving average is $18.07 and its two-hundred day simple moving average is $19.15.

Capri (NYSE:CPRI) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.27. The business had revenue of $769.00 million during the quarter, compared to the consensus estimate of $757.61 million. Capri had a return on equity of 297.36% and a net margin of 4.44%.Capri’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.50 EPS. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. As a group, equities analysts expect that Capri will post 2.15 earnings per share for the current fiscal year.

Insider Activity at Capri

In other news, Director Stephen F. Reitman sold 17,981 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $19.42, for a total value of $349,191.02. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 2.60% of the company’s stock.

Trending Headlines about Capri

Here are the key news stories impacting Capri this week:

• Positive Sentiment: Q1 earnings exceeded expectations. Capri reported adjusted EPS of $0.67, well above the $0.40 analyst consensus, while revenue of $769 million also topped estimates of $757.6 million. Margin gains and growth at Jimmy Choo provided support, although total revenue still declined year over year. CPRI Q1 Earnings Beat Estimates on Margin Gains, Jimmy Choo Growth
• Positive Sentiment: Some analysts still see upside. BTIG maintained a Buy rating despite cutting its price target from $30 to $25, implying substantial potential appreciation if management’s recovery strategy gains traction. BTIG Capri price-target update
• Neutral Sentiment: Analyst opinion remains mixed. Recent coverage describes conflicting views on Capri, reflecting the tension between its low valuation and the need for sustained improvement across Michael Kors and Jimmy Choo. Analysts Have Conflicting Sentiments on Consumer Cyclical Companies
• Negative Sentiment: Multiple firms lowered targets. UBS cut its target from $20 to $17 and retained a Neutral rating; Goldman Sachs reduced its target from $21 to $18; and Telsey lowered its target from $21 to $18. These revisions signal more modest expectations even though the targets remain above the recent share price. Capri Price Target Cut to $17 by UBS
• Negative Sentiment: Turnaround concerns persist. Commentary highlights declining sales at Michael Kors, only modest improvement at Jimmy Choo, limited luxury-brand resilience and uncertainty surrounding Capri’s currency hedges. Analysts argue the stock’s headline valuation may overstate its attractiveness. Capri Holdings: The Turnaround Needs To Show Something More

Institutional Trading of Capri

Hedge funds and other institutional investors have recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership bought a new stake in shares of Capri in the 4th quarter valued at $53,759,000. State Street Corp lifted its holdings in Capri by 19.3% in the second quarter. State Street Corp now owns 4,479,231 shares of the company’s stock valued at $79,282,000 after buying an additional 724,967 shares during the period. Rubric Capital Management LP acquired a new position in Capri in the fourth quarter valued at $16,470,000. Jain Global LLC bought a new stake in Capri during the fourth quarter valued at $11,491,000. Finally, Bank of America Corp DE boosted its position in Capri by 125.2% during the second quarter. Bank of America Corp DE now owns 693,849 shares of the company’s stock valued at $12,281,000 after acquiring an additional 385,785 shares during the last quarter. Institutional investors own 84.34% of the company’s stock.

About Capri

Capri Holdings Limited (NYSE: CPRI) is a global luxury fashion company that designs, markets and distributes a range of premium lifestyle products. The company’s principal brands—Michael Kors, Versace and Jimmy Choo—offer handbags, ready-to-wear apparel, footwear, watches, jewelry, fragrance and other accessories. Capri Holdings combines in-house design talent with international sourcing, manufacturing and retail operations to deliver collections that reflect each brand’s distinct heritage and aesthetic vision.

Formed in 2018 through the rebranding of Michael Kors Holdings following the acquisition of Versace, Capri has since integrated Jimmy Choo into its portfolio.