Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Capri Holdings Ltd (NYSE: CPRI) closed at $36.51 down -3.82% from its previous closing price of $37.96. In other words, the price has decreased by -$3.82 from its previous closing price. On the day, 6.2 million shares were traded. CPRI stock price reached its highest trading level at $37.5 during the session, while it also had its lowest trading level at $36.22.
Ratios:
For a deeper understanding of Capri Holdings Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.14. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on Apr-24-24, Reiterated its Market Perform rating but revised its target price to $42 from $57 previously.
On July 31, 2023, JP Morgan Downgraded its rating to Neutral which previously was Overweight but kept the price unchanged to $47.
Morgan Stanley Downgraded its Overweight to Equal-Weight on June 13, 2023, whereas the target price for the stock was revised from $55 to $40.
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 4255860992 and an Enterprise Value of 7887870464. As of this moment, Capri’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.46, and their Forward P/E ratio for the next fiscal year is 8.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 2.19. Its current Enterprise Value per Revenue stands at 1.493 whereas that against EBITDA is 12.621.
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 -18.47%, while the 200-Day Moving Average is calculated to be -22.85%.
Shares Statistics:
For the past three months, CPRI has traded an average of 1.31M shares per day and 3335560 over the past ten days. 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 85.79% stake in the company. Shares short for CPRI as of 1711584000 were 6475459 with a Short Ratio of 4.96, compared to 1709164800 on 5565432. Therefore, it implies a Short% of Shares Outstanding of 6475459 and a Short% of Float of 6.460000000000001.
