Capri (NYSE:CPRI) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says\n\nJPMorgan Chase & Co. raised Capri's price target from $18.00 to $21.00, indicating a potential upside of 7.02% from the current price, while maintaining a 'neutral' rating. Capri's stock has experienced a significant decline, reporting a net margin of -26.61% and missing earnings expectations by $5.12 per share in the latest quarterly earnings. Institutional investors own 84.34% of Capri's stock, with notable increases in share ownership from firms like FMR LLC and American Century Companies Inc.\n\nKey Points:\n- JPMorgan Chase & Co. raised Capri's price target from $18.00 to $21.00, indicating a potential upside of 7.02% from the current price, while maintaining a 'neutral' rating.\n- Capri's stock has experienced a significant decline, reporting a net margin of -26.61% and missing earnings expectations by $5.12 per share in the latest quarterly earnings.\n- Institutional investors own 84.34% of Capri's stock, with notable increases in share ownership from firms like FMR LLC and American Century Companies Inc.\n\nCapri ( - ) had its price target hoisted by investment analysts at from $18.00 to $21.00 in a research report issued on Monday, reports. The brokerage currently has a 'neutral' rating on the stock. Capri's price objective points to a potential upside of 9.58% from the stock's current price. CPRI has been the topic of several other research reports. Barclays reduced their target price on shares of Capri from $19.00 to $13.00 and set an 'equal weight' rating on the stock in a research note on Thursday, April 10th. Wells Fargo & Co. cut their price target on Capri from $30.00 to $25.00 and set an 'overweight' rating for the company in a report on Friday, April 11th. Robert W. Baird cut their price target on Capri from $26.00 to $18.00 and set a 'neutral' rating for the company in a report on Friday, April 11th. UBS Group lifted their price target on Capri from $14.00 to $18.00 and gave the company a 'neutral' rating in a report on Thursday, May 29th. Finally, cut Capri from a 'hold' rating to a 'sell' rating in a report on Sunday, July 13th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of 'Hold' and a consensus target price of $22.75.\n\nCapri Stock Performance\nShares of traded down $0.58 during midday trading on Monday, hitting $19.16. The company had a trading volume of 2,072,350 shares, compared to its average volume of 2,338,177. The business's 50 day simple moving average is $18.05 and its two-hundred day simple moving average is $19.06. The stock has a market cap of $2.26 billion, a PE ratio of -1.92, a P/E/G ratio of 0.42 and a beta of 1.67. The company has a debt-to-equity ratio of 3.97, a current ratio of 1.14 and a quick ratio of 0.49. Capri has a 1-year low of $11.86 and a 1-year high of $43.34.\n\nCapri ( - ) last posted its quarterly earnings results on Wednesday, May 28th. The company reported ($4.90) earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by ($5.12). Capri had a negative return on equity of 39.55% and a negative net margin of 26.61%. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $989.05 million. During the same quarter in the prior year, the firm earned $0.42 EPS. The firm's quarterly revenue was down 15.4% on a year-over-year basis. As a group, equities analysts predict that Capri will post 0.98 EPS for the current fiscal year.\n\nInstitutional Trading of Capri\nInstitutional investors and hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC increased its stake in shares of Capri by 758.1% in the 1st quarter. Farther Finance Advisors LLC now owns 1,433 shares of the company's stock valued at $28,000 after acquiring an additional 1,266 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Capri in the 1st quarter valued at approximately $30,000. Banque Cantonale Vaudoise acquired a new position in shares of Capri in the 1st quarter valued at approximately $29,000. UMB Bank n.a. grew its position in shares of Capri by 134.9% in the 1st quarter. UMB Bank n.a. now owns 1,776 shares of the company's stock valued at $35,000 after purchasing an additional 1,020 shares during the period. Finally, Fifth Third Bancorp grew its position in shares of Capri by 139.6% in the 1st quarter. Fifth Third Bancorp now owns 2,343 shares of the company's stock valued at $46,000 after purchasing an additional 1,365 shares during the period. 84.34% of the stock is owned by institutional investors.\n\nAbout Capri\nCapri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as well as through e-commerce sites.

Capri (NYSE:CPRI) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

JPMorgan Chase & Co. raised Capri's price target from $18.00 to $21.00, indicating a potential 7.02% upside from the current price, while maintaining a 'neutral' rating. Capri's stock has declined, reporting a -26.61% net margin and missing earnings expectations by $5.12 per share. Institutional investors own 84.34% of Capri's stock, with notable increases from firms like FMR LLC and American Century Companies Inc.