After finishing at $45.75 in the prior trading day, Capri Holdings Ltd (NYSE: CPRI) closed at $45.55, down -0.44%. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 699769 shares were traded.
Ratios:
Our goal is to gain a better understanding of CPRI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.88. For the most recent quarter (mrq), Quick Ratio is recorded 0.49 and its Current Ratio is at 1.06. In the meantime, Its Debt-to-Equity ratio is 1.92 whereas as Long-Term Debt/Eq ratio is at 1.47.
On June 13, 2023, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $55 to $40.
Barclays Downgraded its Overweight to Equal Weight on May 02, 2023, while the target price for the stock was maintained at $46.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CPRI now has a Market Capitalization of 5.33B and an Enterprise Value of 8.79B. As of this moment, Capri’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.53, and their Forward P/E ratio for the next fiscal year is 10.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01 while its Price-to-Book (P/B) ratio in mrq is 2.74. Its current Enterprise Value per Revenue stands at 1.67 whereas that against EBITDA is 15.19.
Stock Price History:
Over the past 52 weeks, CPRI has reached a high of $54.52, while it has fallen to a 52-week low of $34.17. The 50-Day Moving Average of the stock is 47.58, while the 200-Day Moving Average is calculated to be 46.70.
Shares Statistics:
The stock has traded on average 1.02M shares per day over the past 3-months and 933.19k shares per day over the last 10 days, according to various share statistics. A total of 117.35M shares are outstanding, with a floating share count of 113.71M. Insiders hold about 2.45% of the company’s shares, while institutions hold 85.53% stake in the company. Shares short for CPRI as of Feb 29, 2024 were 5.57M with a Short Ratio of 5.44, compared to 5.94M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.77% and a Short% of Float of 5.55%.
Earnings Estimates
Its stock is currently analyzed by 12 different market analysts. On average, analysts expect EPS of $0.65 for the current quarter, with a high estimate of $0.81 and a low estimate of $0.42, while EPS last year was $0.97. The consensus estimate for the next quarter is $0.93, with high estimates of $1.09 and low estimates of $0.78.
Analysts are recommending an EPS of between $4.19 and $3.48 for the fiscal current year, implying an average EPS of $3.76. EPS for the following year is $4.37, with 16 analysts recommending between $5.26 and $3.88.
Revenue Estimates
13 analysts predict $1.29B in revenue for the current quarter. It ranges from a high estimate of $1.38B to a low estimate of $1.24B. As of the current estimate, Capri Holdings Ltd’s year-ago sales were $1.33B, an estimated decrease of -3.10% from the year-ago figure.
A total of 17 analysts have provided revenue estimates for CPRI’s current fiscal year. The highest revenue estimate was $5.32B, while the lowest revenue estimate was $5.19B, resulting in an average revenue estimate of $5.24B. In the same quarter a year ago, actual revenue was $5.62B, down -6.70% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $5.36B in the next fiscal year. The high estimate is $5.54B and the low estimate is $5.11B. The average revenue growth estimate for next year is up 2.20% from the average revenue estimate for this year.
