CPRI Stock Summary and Trading Ideas (Capri Holdings | NYSE:CPRI)

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 800 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.

Capri Holdings trades on the NYSE stock market under the symbol CPRI.

As of April 18, 2024, CPRI stock price declined to $37.83 with 1,452,073 million shares trading.

CPRI has a beta of 0.05, meaning it tends to be less sensitive to market movements. CPRI has a correlation of 0.00 to the broad based SPY ETF.

CPRI has a market cap of $4.41 billion. This is considered a Mid Cap stock.

Last quarter Capri Holdings reported $1 billion in Revenue and $1.20 earnings per share. This fell short of revenue expectation by $-53 million and missed earnings estimates by -$.51.

In the last 3 years, CPRI stock traded as high as $72.37 and as low as $34.17.

The top ETF exchange traded funds that CPRI belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

CPRI has underperformed the market in the last year with a price return of -15.9% while the SPY ETF gained +22.2%. CPRI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -25.1% and -15.5%, respectively, while the SPY returned +5.2% and -2.6%, respectively.

CPRI support price is $37.18 and resistance is $38.56 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CPRI stock will trade within this expected range on the day.