Capri Holdings Ltd (NYSE: CPRI) has reported earnings for its second fiscal quarter (ending September 30) of $0.77 versus $1.64 for the same period a year ago — a decline of -53%. For the latest four quarters through September 30, E.P.S. were $2.64 compared to $5.76 a year ago — a decline of -54%.
Recent Price Action
Capri Holdings Ltd (NYSE: CPRI) stock declined slightly by -0.04% on 11/9/23. The stock closed at $48.19. The stock has been exceptionally strong relative to the market over the last nine months but has declined -4.8% during the last week.
Current PriceTarget Research Rating
CPRI is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Capri Holdings has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Capri Holdings has a slightly positive Appreciation Score of 64 and a good Power Rating of 74, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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