Alert: Negative Investment/Fundamental Signals (10/24/24)-Capri Holdings Ltd (NYSE: CPRI)

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Capri Holdings Ltd (NYSE: CPRI). Notable negative changes in fundamentals have recently occurred: the consensus estimate for March, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for March, 2025 decreased significantly.

Capri Holdings Ltd (NYSE: CPRI). Significant negative changes in investment behavior have recently occurred: the stock fell on very heavy volume.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, CPRI is expected to continue to be a major Value Builder.

Capri Holdings has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Capri Holdings has a poor Appreciation Score of 22 and a poor Power Rating of 18, producing the Lowest Value Trend Rating.

Recent Price Action

On 10/24/24, Capri Holdings Ltd (NYSE: CPRI) stock declined slightly by -0.5%, closing at $41.60. Moreover, this decline was accompanied by exceptionally high trading volume at 841% of normal. Relative to the market the stock has been weak over the last nine months and has declined -3.1% during the last week.

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