Cracking The Code: Understanding Analyst Reviews For Capri Holdings
In the last three months, 5 analysts have published ratings on Capri Holdings (NYSE:CPRI), offering a diverse range of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 0 | 4 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 3 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts have set 12-month price targets for Capri Holdings, revealing an average target of $41.0, a high estimate of $42.00, and a low estimate of $38.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 19.29%.
Diving into Analyst Ratings: An In-Depth Exploration
The standing of Capri Holdings among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Paul Lejuez | Citigroup | Lowers | Buy | $41.00 | $56.00 |
| Ashley Helgans | Jefferies | Lowers | Hold | $38.00 | $57.00 |
| Dana Telsey | Telsey Advisory Group | Maintains | Market Perform | $42.00 | $42.00 |
| Dana Telsey | Telsey Advisory Group | Maintains | Market Perform | $42.00 | $42.00 |
| Dana Telsey | Telsey Advisory Group | Lowers | Market Perform | $42.00 | $57.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Capri Holdings. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Capri Holdings compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Capri Holdings's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Capri Holdings's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Capri Holdings analyst ratings.
All You Need to Know About Capri Holdings
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.
Unraveling the Financial Story of Capri Holdings
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Negative Revenue Trend: Examining Capri Holdings's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -8.39% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Capri Holdings's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -38.59%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Capri Holdings's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -26.72%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Capri Holdings's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -6.6%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Capri Holdings's debt-to-equity ratio stands notably higher than the industry average, reaching 2.24. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
The Significance of Analyst Ratings Explained
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.