Capri Holdings Limited (NYSE:CPRI) went up by 0.80% from its latest closing price compared to the recent 1-year high of $72.37. The company’s stock price has collected -6.96% of loss in the last five trading sessions. Barron’s reported on 06/01/22 that Michael Kors Parent Capri Turns In Strong Earnings but Outlook Falls Short
Is It Worth Investing in Capri Holdings Limited (NYSE :CPRI) Right Now?
Capri Holdings Limited (NYSE:CPRI) scored a price-to-earnings ratio above its average ratio, recording 7.79 x from its present earnings ratio. Plus, the 36-month beta value for CPRI is at 2.17. Opinions of the stock are interesting as 12 analysts out of 22 who provided ratings for Capri Holdings Limited declared the stock was a “buy,” while 3 rated the stock as “overweight,” 7 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $71.66, which is $27.87 above the current price. CPRI currently public float of 134.41M and currently shorts hold a 7.04% ratio of that float. Today, the average trading volume of CPRI was 2.45M shares.
CPRI’s Market Performance
CPRI stocks went down by -6.96% for the week, with a monthly jump of 4.67% and a quarterly performance of -17.81%, while its annual performance rate touched -19.12%. The volatility ratio for the week stands at 4.78% while the volatility levels for the past 30 days are set at 5.14% for Capri Holdings Limited. The simple moving average for the period of the last 20 days is -6.40% for CPRI stocks with a simple moving average of -20.36% for the last 200 days.
Analysts’ Opinion of CPRI
Many brokerage firms have already submitted their reports for CPRI stocks, with Bernstein repeating the rating for CPRI by listing it as a “Mkt Perform.” The predicted price for CPRI in the upcoming period, according to Bernstein is $55 based on the research report published on March 15th of the current year 2022.
MKM Partners, on the other hand, stated in their research note that they expect to see CPRI reach a price target of $93, previously predicting the price at $85. The rating they have provided for CPRI stocks is “Buy” according to the report published on February 03rd, 2022.
Credit Suisse gave a rating of “Neutral” to CPRI, setting the target price at $74 in the report published on February 03rd of the current year.
CPRI Trading at -5.32% from the 50-Day Moving Average
After a stumble in the market that brought CPRI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.05% of loss for the given period.
Volatility was left at 5.14%, however, over the last 30 days, the volatility rate increased by 4.78%, as shares surge +12.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.31% lower at present.
During the last 5 trading sessions, CPRI fell by -6.96%, which changed the moving average for the period of 200-days by -22.42% in comparison to the 20-day moving average, which settled at $47.37. In addition, Capri Holdings Limited saw -32.04% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at CPRI starting from IDOL JOHN D, who sale 3,803 shares at the price of $49.63 back on Jun 03. After this action, IDOL JOHN D now owns 933,268 shares of Capri Holdings Limited, valued at $188,743 using the latest closing price.
Purefoy Daniel, the SVP, Global Ops & Head of D&I of Capri Holdings Limited, sale 1,950 shares at $50.80 during a trade that took place back on Mar 10, which means that Purefoy Daniel is holding 13,962 shares at $99,060 based on the most recent closing price.
Stock Fundamentals for CPRI
Current profitability levels for the company are sitting at:
- +17.51 for the present operating margin
- +62.86 for the gross margin
The net margin for Capri Holdings Limited stands at +14.54. Equity return is now at value 31.60, with 10.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.21.