Capri (NYSE:CPRI) had its target price raised by Credit Suisse Group from $13.00 to $15.00 in a research report sent to investors on Thursday morning, BenzingaRatingsTable reports. They currently have a neutral rating on the stock.

A number of other equities research analysts have also weighed in on CPRI. Needham & Company LLC began coverage on Capri in a research report on Monday. They set a hold rating for the company. UBS Group decreased their target price on Capri from $37.00 to $26.00 and set a buy rating for the company in a research report on Thursday. MKM Partners decreased their target price on Capri from $35.00 to $15.00 in a research report on Monday. BTIG Research initiated coverage on Capri in a research report on Tuesday, April 28th. They set a neutral rating for the company. Finally, ValuEngine raised Capri from a sell rating to a hold rating in a research report on Thursday. Thirteen research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of $31.00.

Shares of Capri stock traded down $0.11 on Thursday, reaching $15.23. The company had a trading volume of 3,371,669 shares, compared to its average volume of 4,371,843. The firm has a market cap of $2.27 billion, a price-to-earnings ratio of -9.89, a P/E/G ratio of 1.38 and a beta of 1.87. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.77 and a quick ratio of 0.36. The firm’s 50-day moving average price is $16.86 and its two-hundred day moving average price is $13.87. Capri has a 1 year low of $5.42 and a 1 year high of $39.90.

Capri (NYSE:CPRI) last posted its quarterly earnings data on Wednesday, July 1st. The company reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.21). Capri had a net margin of 6.08% and a return on equity of 27.42%. The business had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter in the previous year, the firm earned $0.63 EPS. Capri’s revenue was down 11.3% compared to the same quarter last year. As a group, analysts anticipate that Capri will post 2.32 EPS for the current year.

A number of institutional investors have recently bought and sold shares of CPRI. Eminence Capital LP boosted its stake in shares of Capri by 4.8% in the first quarter. Eminence Capital LP now owns 13,806,593 shares of the company’s stock worth $148,973,000 after buying an additional 632,054 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Capri by 3.3% in the first quarter. Invesco Ltd. now owns 12,063,176 shares of the company’s stock worth $130,163,000 after buying an additional 380,144 shares during the last quarter. State Street Corp boosted its stake in shares of Capri by 0.7% in the first quarter. State Street Corp now owns 6,923,932 shares of the company’s stock worth $74,709,000 after buying an additional 46,704 shares during the last quarter. ARGA Investment Management LP boosted its stake in shares of Capri by 54.3% in the first quarter. ARGA Investment Management LP now owns 5,232,233 shares of the company’s stock worth $56,456,000 after buying an additional 1,840,818 shares during the last quarter. Finally, Senvest Management LLC raised its holdings in Capri by 9.3% in the 4th quarter. Senvest Management LLC now owns 2,920,744 shares of the company’s stock worth $111,426,000 after purchasing an additional 249,226 shares during the period. Institutional investors and hedge funds own 92.34% of the company’s stock.

About Capri

Capri Holdings Limited design, markets, distributes, and retails branded women's and men's apparel and accessories. It operates in four segments: MK Retail, MK Wholesale, MK Licensing, and Jimmy Choo. The MK Retail segment sells women's apparel; handbags and small leather goods; men's apparel; footwear; and licensed products comprising watches, jewelry, fragrances, and beauty and eyewear.

Recommended Story: What is Liquidity?

Analyst Recommendations for Capri (NYSE:CPRI)

Receive News & Ratings for Capri Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capri and related companies with MarketBeat.com's FREE daily email newsletter.