Capri Holdings Ltd (CPRI) stock forecast: Can it reach its 52-week high of $51.23

A share price of Capri Holdings Ltd [CPRI] is currently trading at $23.71, up 10.23%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CPRI shares have gain 15.04% over the last week, with a monthly amount glided 6.32%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Capri Holdings Ltd [NYSE: CPRI] stock has seen the most recent analyst activity on January 10, 2025, when Wells Fargo upgraded its rating to a Overweight and also boosted its price target to $28 from $20. Previously, Citigroup upgraded its rating to Buy on January 10, 2025, and elevated its price target to $29. On January 06, 2025, upgrade upgraded it’s rating to Outperform and revised its price target to $31 on the stock. Guggenheim upgraded its rating to a Buy but stick to its price target of $30 on November 26, 2024. Telsey Advisory Group reiterated a Market Perform rating for this stock on November 15, 2024, and downed its price target to $23. In a note dated October 25, 2024, Telsey Advisory Group reiterated an Market Perform rating on this stock and revised its target price from $42 to $26.

Capri Holdings Ltd experienced fluctuations in its stock price throughout the past year between $18.70 and $51.23. Currently, Wall Street analysts expect the stock to reach $41 within the next 12 months. Capri Holdings Ltd [NYSE: CPRI] shares were valued at $23.71 at the most recent close of the market. An investor can expect a potential return of 72.92% based on the average CPRI price forecast.

Analyzing the CPRI fundamentals

Trailing Twelve Months sales for Capri Holdings Ltd [NYSE:CPRI] were 4.80B which represents -16.42% decline. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.22 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.15.

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 22.81 points at the first support level, and at 21.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.19, and for the 2nd resistance point, it is at 24.68.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Capri Holdings Ltd [NYSE:CPRI] is 0.93. In addition, the Quick Ratio stands at 0.38 and the Cash Ratio stands at 0.1. Considering the valuation of this stock, the price to sales ratio is 0.58, the price to book ratio is 1.88.

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