As of Thursday close, Capri Holdings Limited’s (NYSE:CPRI) stock was down -$0.08, moving down -0.15 percent to $52.35. The average number of shares traded per day over the past five days has been 2,585,040 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.28 fall in that time frame. In the last twenty days, the average volume was 2,201,310, while in the previous 50 days, it was 3,557,414.
Since last month, CPRI stock rose 1.34%. Shares of the company fell to $51.44 on 08/25/23, the lowest level in the past month. A 52-week high of $69.25 was reached on 02/03/23 after having rallying from a 52-week low of $34.17. Since the beginning of this year, CPRI’s stock price has dropped by -8.67% or -$4.97, and marked a new high 15 times. However, the stock has declined by -24.40% since its 52-week high.
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CPRI stock investors should be aware that Capri Holdings Limited (CPRI) stock had its last reported insider trading activity 189 days ago on Mar 17. Edwards Thomas Jr., the EVP, CFO & COO of the company, purchased of 4,900 shares for $41.07 on Mar 17. It resulted in a $201,243 investment by the insider. IDOL JOHN D added 240,000 shares at an average price of $41.57 on Mar 16. The insider now owns 1,967,545 shares following the transaction.
Valuation Metrics
Right now, Capri Holdings Limited (CPRI) has a P/E ratio of about 15.00. The stock’s beta is 2.18. Besides these, the trailing price-to-sales (P/S) ratio of 1.12, the price-to-book (PB) ratio of 3.39, and the price-to-cash flow ratio of 14.13 may also be considered.
Financial Health
In the three months ended June 29, Capri Holdings Limited’s quick ratio stood at 0.50, while its current ratio was 1.30, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.06, and the total debt-to-equity ratio was 1.07. On the profitability front, the trailing twelve-month gross margin is 66.20% percent. In the year ended June 29, operating margins totaled 9.60%. Based on annual data, CPRI earned $3.72 billion in gross profit and brought in $5.62 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 17.70%. Return on equity (ROE) for the past 12 months was 23.10%.
In Capri Holdings Limited’s quarter-end financial report for June 29, it reported total debt of $1.92 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. CPRI’s revenue fell -10.66% to $1.33 billion during the quarter, while net income inched up to $1.23 billion. While analysts expected Capri Holdings Limited to report $0.71 quarterly earnings, the actual figure was $0.74 per share, beating the consensus estimate by 4.20%. During the quarter, the company generated $125.0 million in EBITDA. The liabilities of Capri Holdings Limited were 5.6 billion at the end of its most recent quarter ended June 29, and its total debt was $3.71 billion. The value of shareholders’ equity is $116.07 million.
Technical Picture
This quick technical analysis looks at Capri Holdings Limited’s (CPRI) price momentum. With a historical volatility rate of 6.71%, the RSI 9-day stood at 59.72% on 21 September.
With respect to its five-day moving average, the current Capri Holdings Limited price is down by -0.53% percent or -$0.28. At present, CPRI shares trade +0.63% above its 20-day simple moving average and +26.14% percent above its 100-day simple moving average. However, the stock is currently trading approximately +44.02% above its SMA50 and -11.39% below its SMA200.
Stochastic coefficient K was 21.84% and Stochastic coefficient D was 17.57%, while ATR was 0.44. Given the Stochastic reading of 18.39% for the 14-day period, the RSI (14) reading has been calculated as 66.75%. As of today, the MACD Oscillator reading stands at -0.08, while the 14-day reading stands at -0.19.
Analyst Ratings
Capri Holdings Limited downgraded its rating on Capri Holdings Limited (NYSE: CPRI) to a Neutral in a note to investors on July 31, 2023. The analysts firm previously had an Overweight rating on the stock.Capri Holdings Limited (CPRI) has been rated Hold by analysts. According to 0 brokerage firms, CPRI is a sell, and 15 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Capri Holdings Limited stock as buy, with 1 recommending it as overweight.
With a median target price of $57.00, the current consensus forecast for the stock is $40.00 – $60.00. Based on these forecasts, analysts predict Capri Holdings Limited (CPRI) will achieve an average price target of $54.24.
