Are Analysts Too Bullish On Capri Holdings Ltd (CPRI)

Capri Holdings Ltd (NYSE:CPRI) currently has a daily average trading volume of 1.27M but it saw 1975602 shares traded in last market. With a market cap of 4.62B USD, the company’s current market price of $39.26 came falling about -2.97 while comparing to the previous closing price of $40.46. In past 52 weeks, the stock remained buoying in the range of price level as high as $53.06 and as low as $29.28. In the recent trading on the day, stock has struck highest price mark of $38.5705 while lowest mark touched by it was $40.655.

Taking a look at 20-day trading activity of Capri Holdings Ltd (CPRI) gives us an average price of $35.56, while its current price level is -26.01% below from 52-week high level whereas it is 34.08% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $34.17 while that of 200 days or SMA-200 reads an average of $40.72. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.86% during that period while stretching the period over a month that decreases to 3.25%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 68.37 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wells Fargo which upgraded the stock as “Overweight” in its note to investors issued on June 25, 2024, recommending a price target of between $57 and $43 for it. Citigroup upgraded its recommendation for the stock as a “Buy” from “Neutral” on June 17, 2024 while assigning a price target of $41. Telsey Advisory Group issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $57 and $42.

Over the week, CPRI’s stock price is moving 11.47% up while it is 31.26% when we observe its performance for the past one month. Year-to-date it is -21.86% down and over the past year, the stock is showing a downside performance of -25.39%.

Currently, Capri Holdings Ltd’s total number of outstanding shares is 116.63M. Company’s return on investment (ROI) stands at -6.89% and return on equity (ROE) at -17.17%. It has a 13.59 of forward P/E ratio. Stock’s beta reads 1.94. Stock has a price to book (P/B) ratio of 2.93 while price to sale or P/S ratio amounts to 0.92. Its return on asset (ROA) is -4.15% on average.