Capri HoldingsCPRI
CPRI
About: Michael Kors, Versace, and Jimmy Choo are the brands of Capri Holdings, a marketer, distributor, and retailer of upscale accessories and apparel. Michael Kors, Capri's largest brand, offers handbags, footwear, and apparel through more than 700 company-owned stores, wholesale, and e-commerce. Versace (acquired in 2018) is known for its ready-to-wear luxury fashion, while Jimmy Choo (acquired in 2017) is best known for women's luxury footwear. John Idol has served as CEO since 2003.
Employees: 15,100
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
68% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 44
25% more funds holding in top 10
Funds holding in top 10: 12 [Q2] → 15 (+3) [Q3]
19% more capital invested
Capital invested by funds: $3.29B [Q2] → $3.93B (+$635M) [Q3]
9% more funds holding
Funds holding: 348 [Q2] → 378 (+30) [Q3]
6.74% less ownership
Funds ownership: 85.34% [Q2] → 78.6% (-6.74%) [Q3]
15% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 138
23% less call options, than puts
Call options by funds: $975M | Put options by funds: $1.27B
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$19
10%
downside
Avg. target
$23
9%
upside
High target
$30
42%
upside
7 analyst ratings
1 positive
14%
6 neutral
86%
0 negative
0%
JP Morgan Matthew Boss 50% 1-year accuracy 32 / 64 met price target | 10%downside $19 | Neutral Maintained | 16 Dec 2024 |
Guggenheim Robert Drbul 55% 1-year accuracy 18 / 33 met price target | 42%upside $30 | Buy Upgraded | 26 Nov 2024 |
Barclays Adrienne Yih 49% 1-year accuracy 46 / 94 met price target | 0%downside $21 | Equal-Weight Reinstated | 20 Nov 2024 |
Telsey Advisory Group Dana Telsey 67% 1-year accuracy 126 / 189 met price target | 9%upside $23 | Market Perform Maintained | 15 Nov 2024 |
TD Cowen Oliver Chen 48% 1-year accuracy 15 / 31 met price target | 4%upside $22 | Hold Maintained | 15 Nov 2024 |
Financial journalist opinion
Based on 3 articles about CPRI published over the past 30 days
Positive
Seeking Alpha
1 week ago
Capri: Large But Risky Turnaround Opportunity
Capri is a risky value stock working towards stabilization and growth. E-commerce is a high-value opportunity that needs to be treated with a higher degree of seriousness from management. My bull case for Capri is $8.5B via better expense management and improvements in the luxury business after 2025.
Positive
Invezz
3 weeks ago
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Carvana stock price has had a phoenix-like rebirth in the past two years. After crashing to $3.3 in December 2022, it has jumped by over 10,000%, making it one of the best-performing companies in Wall Street.
Neutral
Business Wire
3 weeks ago
Michael Kors Reorganizes Leadership Team
LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, announced today that Michael Kors is reorganizing its leadership team. John D. Idol, Chairman and Chief Executive Officer of Capri Holdings, will assume the role of Chief Executive Officer of Michael Kors. Effective December 2, 2024, Philippa Newman will be promoted to Michael Kors Chief Product Officer. Ms. Newman joined Michael Kors over 14 years ago having most recently served as the President of Acce.
Neutral
Zacks Investment Research
1 month ago
URBN vs. CPRI: Which Stock Is the Better Value Option?
Investors interested in stocks from the Retail - Apparel and Shoes sector have probably already heard of Urban Outfitters (URBN) and Capri Holdings (CPRI). But which of these two stocks offers value investors a better bang for their buck right now?
Neutral
Seeking Alpha
1 month ago
Capri Holdings Limited (CPRI) Strategic Update Conference Call (Transcript)
Capri Holdings Limited (NYSE:CPRI ) Strategic Update Conference Call November 14, 2024 11:00 AM ET Company Participants Jennifer Davis - VP, IR John Idol - Chairman and CEO Tom Edwards - CFO and COO Conference Call Participants Matthew Boss - JPMorgan Brooke Roach - Goldman Sachs Jay Sole - UBS Bob Drbul - Guggenheim Oliver Chen - TD Cowen Rick Patel - Raymond James Mark Altschwager - Robert W. Baird Operator Greetings, and welcome to the Capri Holdings Limited Strategy Update Call.
Neutral
CNBC Television
1 month ago
Tapestry CEO on abandoned merger with Capri Holdings
Joanne Crevoiserat, Tapestry CEO, joins 'Squawk on the Street' to discuss the company's abandoned merger with Capri, if it's secretly a blessing in disguise, and much more.
Negative
Fox Business
1 month ago
Capri terminates Tapestry merger citing regulatory hurdles
The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due to regulatory challenges posed by an FTC lawsuit.
Positive
Schwab Network
1 month ago
TPR & CPRI Scrap Merger, ASML's Bullish A.I. Outlook, JD Slips on Beat
Tapestry (TPR) and Capri (CPRI) agreed to close merger talks due to legal uncertainties, which Tapestry investors favored. ASML Holding (ASML) ticked higher with bullish commentary on their outlook through 2030.
Neutral
Invezz
1 month ago
What's next for Capri Holdings after ending Tapestry merger deal?
Capri Holdings Ltd (NYSE: CPRI) has mutually agreed with Tapestry Inc (NYSE: TPR) to terminate the planned merger that would have combined six luxury brands into one fashion giant.
Negative
Barrons
1 month ago
Tapestry and Capri Scrap Merger Plans. Completion of Luxury Deal Uncertain.
The Federal Trade Commission had sued to block the deal between the two luxury companies.
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