Capri HoldingsCPRI
About: Michael Kors, Versace, and Jimmy Choo are the brands of Capri Holdings, a marketer, distributor, and retailer of upscale accessories and apparel. Michael Kors, Capri's largest brand, offers handbags, footwear, and apparel through more than 700 company-owned stores, wholesale, and e-commerce. Versace (acquired in 2018) is known for its ready-to-wear luxury fashion, while Jimmy Choo (acquired in 2017) is best known for women's luxury footwear. John Idol has served as CEO since 2003.
Employees: 15,100
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
72% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 43
25% more funds holding in top 10
Funds holding in top 10: 12 [Q2] → 15 (+3) [Q3]
19% more capital invested
Capital invested by funds: $3.29B [Q2] → $3.93B (+$635M) [Q3]
9% more funds holding
Funds holding: 347 [Q2] → 378 (+31) [Q3]
6.74% less ownership
Funds ownership: 85.34% [Q2] → 78.6% (-6.74%) [Q3]
15% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 138
23% less call options, than puts
Call options by funds: $975M | Put options by funds: $1.27B
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Guggenheim Robert Drbul 73% 1-year accuracy 24 / 33 met price target | 40%upside $30 | Buy Upgraded | 26 Nov 2024 |
Barclays Adrienne Yih 59% 1-year accuracy 39 / 66 met price target | 2%downside $21 | Equal-Weight Reinstated | 20 Nov 2024 |
Telsey Advisory Group Dana Telsey 68% 1-year accuracy 127 / 187 met price target | 8%upside $23 | Market Perform Maintained | 15 Nov 2024 |
TD Cowen Oliver Chen 52% 1-year accuracy 16 / 31 met price target | 3%upside $22 | Hold Maintained | 15 Nov 2024 |
Baird Mark Altschwager 75% 1-year accuracy 24 / 32 met price target | 8%upside $23 | Neutral Maintained | 8 Nov 2024 |
Financial journalist opinion
Based on 16 articles about CPRI published over the past 30 days