Stock Market Recap: Capri Holdings Ltd (CPRI) Concludes at 34.17, a -2.12 Surge/Decline

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After finishing at $34.91 in the prior trading day, Capri Holdings Ltd (NYSE: CPRI) closed at $34.17, down -2.12%. In other words, the price has decreased by -$2.12 from its previous closing price. On the day, 0.6 million shares were traded. CPRI stock price reached its highest trading level at $35.1 during the session, while it also had its lowest trading level at $34.17.

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 19.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.20. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 0.95. In the meantime, Its Debt-to-Equity ratio is 2.24 whereas as Long-Term Debt/Eq ratio is at 1.70.

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 the company, Wells Fargo on June 25, 2024, Upgraded its rating to Overweight and sets its target price to $43 from $57 previously.

On June 17, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $41.

Telsey Advisory Group reiterated its Market Perform rating for the stock on April 23, 2024, while the target price for the stock was revised from $57 to $42.

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 3985896192 and an Enterprise Value of 7362904064. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 2.49. Its current Enterprise Value per Revenue stands at 1.424 whereas that against EBITDA is 12.805.

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 $30.79. The 50-Day Moving Average of the stock is 0.10%, while the 200-Day Moving Average is calculated to be -22.28%.

Shares Statistics:

The stock has traded on average 1.40M shares per day over the past 3-months and 1039737 shares per day over the last 10 days, according to various share statistics. A total of 116.63M shares are outstanding, with a floating share count of 113.74M. Insiders hold about 2.49% of the company’s shares, while institutions hold 84.37% stake in the company. Shares short for CPRI as of 1719532800 were 7247046 with a Short Ratio of 5.19, compared to 1717113600 on 6859437. Therefore, it implies a Short% of Shares Outstanding of 7247046 and a Short% of Float of 7.22.

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