Capri (CPRI) to Release Earnings on Wednesday

Capri (NYSE:CPRIGet Free Report) is projected to post its quarterly earnings results before the market opens on Wednesday, February 5th. Analysts expect Capri to post earnings of $0.72 per share and revenue of $1.26 billion for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Capri (NYSE:CPRIGet Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.09). Capri had a positive return on equity of 16.54% and a negative net margin of 7.44%. The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same quarter last year, the firm earned $1.13 EPS. On average, analysts expect Capri to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Capri Trading Up 1.3 %

Shares of CPRI stock opened at $25.67 on Wednesday. The stock has a 50 day simple moving average of $22.33 and a 200 day simple moving average of $29.73. Capri has a 1 year low of $18.70 and a 1 year high of $49.43. The company has a current ratio of 0.93, a quick ratio of 0.38 and a debt-to-equity ratio of 0.83. The stock has a market cap of $3.03 billion, a P/E ratio of -8.39, a price-to-earnings-growth ratio of 5.20 and a beta of 2.06.

Analysts Set New Price Targets

CPRI has been the subject of a number of analyst reports. Telsey Advisory Group dropped their price target on Capri from $26.00 to $23.00 and set a “market perform” rating for the company in a research note on Friday, November 15th. Jefferies Financial Group upped 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. Guggenheim raised Capri from a “neutral” rating to a “buy” rating and set a $30.00 price objective on the stock in a report on Tuesday, November 26th. Citigroup raised Capri from a “neutral” rating to a “buy” rating and upped their target price for the stock from $21.00 to $29.00 in a report on Friday, January 10th. Finally, JPMorgan Chase & Co. lifted their price target on Capri from $15.00 to $19.00 and gave the company a “neutral” rating in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $26.36.

Check Out Our Latest Stock Analysis on CPRI

About Capri

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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.

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Earnings History for Capri (NYSE:CPRI)

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