Capri Holdings Ltd (CPRI) stock forecast: Can it reach its 52-week high of $47.72

At the time of writing, Capri Holdings Ltd [CPRI] stock is trading at $22.62, up 2.59%. 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 4.67% over the last week, with a monthly amount drifted -4.88%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, Wells Fargo upgraded its rating to Overweight on January 10, 2025, and elevated its price target to $28. On January 10, 2025, upgrade upgraded it’s rating to Buy and revised its price target to $29 on the stock. BMO Capital Markets upgraded its rating to a Outperform and increased its price target to $31 on January 06, 2025. Guggenheim upgraded its rating to a Buy but $30 remained the price target by the analyst firm on November 26, 2024. In a note dated November 15, 2024, Telsey Advisory Group reiterated an Market Perform rating on this stock and revised its target price from $26 to $23.

For the past year, the stock price of Capri Holdings Ltd fluctuated between $18.70 and $47.72. Currently, Wall Street analysts expect the stock to reach $41 within the next 12 months. Capri Holdings Ltd [NYSE: CPRI] shares were valued at $22.62 at the most recent close of the market. An investor can expect a potential return of 81.26% based on the average CPRI price forecast.

Analyzing the CPRI fundamentals

According to Capri Holdings Ltd [NYSE:CPRI], the company’s sales were 4.63B for trailing twelve months, which represents an -11.63% plunge. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at -0.13%, Pretax Profit Margin comes in at -0.26%, and Net Profit Margin reading is -0.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.17, Equity is -0.7 and Total Capital is -0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.92.

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 21.96 points at the first support level, and at 21.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.00, and for the 2nd resistance point, it is at 23.38.

Ratios To Look Out For

It is important to note that Capri Holdings Ltd [NYSE:CPRI] has a current ratio of 1.21. In addition, the Quick Ratio stands at 0.59 and the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 0.58, the price to book ratio is 2.50.

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