Recent meaningful negative changes in investment behavior have impacted Capri Holdings Ltd (NYSE: CPRI): negative upside/downside volume developed.
Recent notable negative changes in fundamentals have impacted Capri Holdings Ltd (NYSE: CPRI): the consensus estimate for March, 2023 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for March, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
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 inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Capri Holdings has a neutral Appreciation Score of 59 but a good Power Rating of 80, with the Positive Value Trend Rating the result.
Recent Price Action
On 12/7/23, Capri Holdings Ltd (NYSE: CPRI) stock rose modestly by 0.5%, closing at $48.21. However, trading volume in this advance was exceptionally low at 32% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -1.5% during the last week.
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