Capri Holdings Ltd (CPRI) stock: 12-month forecast projects 49.93% potential return%

Capri Holdings Ltd [CPRI] stock is trading at $42.44, up 7.52%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CPRI shares have gain 11.39% over the last week, with a monthly amount glided 18.28%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Capri Holdings Ltd [NYSE: CPRI] stock has seen the most recent analyst activity on September 13, 2024, when Citigroup downgraded its rating to a Neutral but kept the price target unchanged to $41 for it. Previously, Wells Fargo upgraded its rating to Overweight on June 25, 2024, and dropped its price target to $43. On June 17, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $41 on the stock. Telsey Advisory Group reiterated its Market Perform rating and decreased its price target to $42 on April 23, 2024. JP Morgan downgraded its rating to a Neutral but $47 remained the price target by the analyst firm on July 31, 2023. Morgan Stanley downgraded its rating to Equal-Weight for this stock on June 13, 2023, and downed its price target to $40. In a note dated May 02, 2023, Barclays downgraded an Equal Weight rating on this stock but restated the target price of $46.

Capri Holdings Ltd [CPRI] stock has fluctuated between $29.28 and $52.88 over the past year. Currently, Wall Street analysts expect the stock to reach $63.63 within the next 12 months. Capri Holdings Ltd [NYSE: CPRI] shares were valued at $42.44 at the most recent close of the market. An investor can expect a potential return of 49.93% based on the average CPRI price forecast.

Analyzing the CPRI fundamentals

Capri Holdings Ltd [NYSE:CPRI] reported sales of 5.01B for the trailing twelve months, which represents a drop of -13.18%. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at -0.07%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.17 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.33.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 40.08 points at the first support level, and at 37.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.77, and for the 2nd resistance point, it is at 45.09.

Ratios To Look Out For

For context, Capri Holdings Ltd’s Current Ratio is 0.95. As well, the Quick Ratio is 0.41, while the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 1.00, the price to book ratio is 3.17.

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