Capri Holdings Ltd [NYSE: CPRI] traded at a high on Wednesday, posting a 2.98 gain after which it closed the day’ session at $23.52.
The results of the trading session contributed to over 4942150 shares changing hands. Over the past one week, the price volatility of Capri Holdings Ltd stands at 4.49% while the volatility over the past one month is 4.79%.
The market cap for CPRI stock reached $2.77 billion, with 116.63 million shares outstanding and 115.20 million shares in the current float. Compared to the average trading volume of 4.32M shares, CPRI reached a trading volume of 4942150 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Capri Holdings Ltd [CPRI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CPRI shares is $23.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CPRI stock is a recommendation set at 2.65. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Guggenheim have made an estimate for Capri Holdings Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 26, 2024. While these analysts kept the previous recommendation, Barclays raised their target price to Equal Weight. The new note on the price target was released on November 20, 2024, representing the official price target for Capri Holdings Ltd stock. Previously, the target price had yet another drop from $26 to $23, while Telsey Advisory Group kept a Market Perform rating on CPRI stock. On October 25, 2024, analysts decreased their price target for CPRI shares from 42 to 26.
The Average True Range (ATR) for Capri Holdings Ltd is set at 1.31, with the Price to Sales ratio for CPRI stock in the period of the last 12 months amounting to 0.58. The Price to Book ratio for the last quarter was 1.87, with the Price to Cash per share for the same quarter was set at 1.62. Price to Free Cash Flow for CPRI in the course of the last twelve months was 7.49 with Quick ratio for the last quarter at 0.38.
How has CPRI stock performed recently?
Capri Holdings Ltd [CPRI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.37. With this latest performance, CPRI shares gained by 14.84% in over the last four-week period, additionally sinking by -30.52% over the last 6 months – not to mention a drop of -52.16% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CPRI stock in for the last two-week period is set at 46.36, with the RSI for the last a single of trading hit 59.57, and the three-weeks RSI is set at 41.02 for Capri Holdings Ltd [CPRI]. The present Moving Average for the last 50 days of trading for this stock 31.47, while it was recorded at 21.62 for the last single week of trading, and 36.08 for the last 200 days.
Capri Holdings Ltd [CPRI]: Deeper insight into the fundamentals
Capri Holdings Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.38 and a Current Ratio set at 0.93.
Insider trade positions for Capri Holdings Ltd [CPRI]
There are presently around $83.88%, or 85.84%% of CPRI stock, in the hands of institutional investors. The top three institutional holders of CPRI stocks are: VANGUARD GROUP INC with ownership of 11.53 million shares, which is approximately 9.8556%. BLACKROCK INC., holding 10.0 million shares of the stock with an approximate value of $$330.77 million in CPRI stocks shares; and BLACKROCK INC., currently with $$121.91 million in CPRI stock with ownership which is approximately 3.1494%.
