On 10/25/24, Capri Holdings Ltd (NYSE: CPRI) stock suffered a major decline of -48.9%, closing at $21.26. Moreover, exceptionally high trading volume at 1811% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -50.1% during the last week.
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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Capri Holdings has a neutral Appreciation Score of 50 but a poor Power Rating of 15, leading to the Negative Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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