Why Capri Holdings Ltd’s (CPRI) Stock Is Up 5.12%

By Jenna Brashear
September 09, 2024
Featured Tickers:

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Capri Holdings Ltd before investing.

In this article, we go over a few key elements for understanding Capri Holdings Ltd’s stock price such as:

  • Capri Holdings Ltd’s current stock price and volume
  • Why Capri Holdings Ltd’s stock price changed recently
  • Upgrades and downgrades for CPRI from analysts
  • CPRI’s stock price momentum as measured by its relative strength

About Capri Holdings Ltd (CPRI)

Before we jump into Capri Holdings Ltd’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Capri Holdings Limited is a holding company, which owns brands that are designers, marketers, distributors and retailers of women’s and men’s accessories, footwear and ready-to-wear bearing the Versace, Jimmy Choo and Michael Kors tradenames and related trademarks and logos. The Company operates in three segments: Versace, Jimmy Choo and Michael Kors. Versace segment include sale of Versace luxury ready-to-wear, accessories and footwear through directly operated Versace boutiques throughout the Americas, certain parts of Europe, Middle East and Africa (EMEA) and certain parts of Asia, as well as through Versace outlet stores and e-commerce sites. Jimmy Choo segment includes Jimmy Choo luxury footwear, handbags and small leather goods and accessories. Michael Kors segment includes the sale of Michael Kors products through four Michael Kors retail store formats: Collection stores, Lifestyle stores (including concessions), outlet stores and e-commerce sites.

Want to learn more about Capri Holdings Ltd’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Capri Holdings Ltd.

Learn More About A+ Investor

Capri Holdings Ltd’s Stock Price as of Market Close

As of September 09, 2024, 4:00 PM, CST, Capri Holdings Ltd’s stock price was $36.55.

Capri Holdings Ltd is up 5.12% from its previous closing price of $34.77.

During the last market session, Capri Holdings Ltd’s stock traded between $34.70 and $35.52. Currently, there are 117.44 million shares of Capri Holdings Ltd stock available for purchase.

Unfortunately, Capri Holdings Ltd’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Capri Holdings Ltd Stock Price History

Capri Holdings Ltd’s (CPRI) price is currently up 2.32% so far this month.

During the month of September, Capri Holdings Ltd’s stock price has reached a high of $37.05 and a low of $34.31.

Over the last year, Capri Holdings Ltd has hit prices as high as $53.06 and as low as $29.28. Year to date, Capri Holdings Ltd’s stock is down 36.24%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Capri Holdings Ltd Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 06, 2024, there were 12 analysts who downgraded Capri Holdings Ltd’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Capri Holdings Ltd’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Capri Holdings Ltd’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Capri Holdings Ltd’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Capri Holdings Ltd (CPRI) by visiting AAII Stock Evaluator.

Relative Price Strength of Capri Holdings Ltd

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 06, 2024, Capri Holdings Ltd has a weighted four-quarter relative price strength of -10.44%, which translates to a Momentum Score of 31 and is considered to be Weak.

Want to learn more about how Capri Holdings Ltd is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Capri Holdings Ltd Stock Price: Bottom Line

As of September 9, 2024, Capri Holdings Ltd’s stock price is $36.55, which is up 5.12% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Capri Holdings Ltd stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

Learn More About A+ Investor

Find New Stock Opportunities With Included With AAII Platinum
O'Shaughnessy Tiny Titans
Screen:
23.7%
Annual Gain Since Inception. Data as of 12/31/2024.




Try AAII Platinum and get full access to
769.3% Stock Superstars Portfolio Total Return Since Inception
Compare to:
710.3% iShare DOW Jones
U.S. Index ETF (IYY)

SSR Group 3 O'Shaughnessy portfolio has a 411.2% gain since inception performance compared to IYY at only 119.1%% Performance as of 11/29/24.

Get your free copy of our special report analyzing the tech stocks most likely to outperform the market.

Download the FREE Report Here:

BECOME A MEMBER FOR ONLY $2

Get access to powerful investment discovery tools and a wealth of investment education to help you achieve your financial goals.