Capri Target of Unusually Large Options Trading (NYSE:CPRI)

Capri Holdings Limited (NYSE:CPRI) saw unusually large options trading on Monday. Stock investors acquired 22,639 call options on the stock. This is an increase of 139% compared to the typical daily volume of 9,478 call options.

Capri Trading Down 1.0 %

Capri stock opened at $38.92 on Wednesday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.06 and a quick ratio of 0.49. Capri has a one year low of $34.17 and a one year high of $54.52. The stock has a market capitalization of $4.54 billion, a PE ratio of 21.87, a price-to-earnings-growth ratio of 7.98 and a beta of 2.03. The business’s fifty day moving average is $45.47 and its 200 day moving average is $48.27.

Capri (NYSE:CPRI) last released its quarterly earnings data on Thursday, February 8th. The company reported $1.20 EPS for the quarter, missing the consensus estimate of $1.74 by ($0.54). Capri had a net margin of 3.96% and a return on equity of 25.79%. The business had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.48 billion. During the same period last year, the business earned $1.84 earnings per share. The company’s quarterly revenue was down 5.6% on a year-over-year basis. On average, sell-side analysts predict that Capri will post 3.8 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on CPRI. StockNews.com began coverage on Capri in a research note on Saturday. They issued a “hold” rating on the stock. Telsey Advisory Group reissued a “market perform” rating and issued a $57.00 target price on shares of Capri in a research note on Friday, February 9th. Thirteen analysts have rated the stock with a hold rating, According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $50.50.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Private Wealth Management Group LLC bought a new position in Capri in the fourth quarter valued at about $25,000. Vima LLC bought a new position in shares of Capri in the fourth quarter worth about $70,000. U S Global Investors Inc. bought a new position in shares of Capri in the fourth quarter worth about $75,000. Fifth Third Bancorp raised its stake in shares of Capri by 34.0% in the third quarter. Fifth Third Bancorp now owns 1,735 shares of the company’s stock worth $91,000 after buying an additional 440 shares during the period. Finally, Itau Unibanco Holding S.A. bought a new position in shares of Capri in the second quarter worth about $63,000. Institutional investors own 84.34% of the company’s stock.

Capri Company Profile

Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as well as through e-commerce sites.