(CPRI) Capri Holdings - Ratings and Ratios

Capri Holdings Ltd is a global fashion conglomerate with a diverse portfolio of luxury brands, including Versace, Jimmy Choo, and Michael Kors, operating across multiple regions worldwide. The companys extensive distribution network encompasses boutiques, department stores, specialty stores, and e-commerce platforms, offering a wide range of products such as apparel, footwear, accessories, eyewear, watches, jewelry, and fragrances.

With a history dating back to 1981, Capri Holdings has evolved through strategic acquisitions and rebranding, having changed its name from Michael Kors Holdings Limited to Capri Holdings Limited in 2018. Headquartered in London, the company has a significant global presence, with its products available in the United States, Canada, Latin America, Europe, the Middle East, Africa, Asia, and Oceania.

Analyzing the companys current stock performance, we observe that the last price is $16.54, with a 20-day simple moving average (SMA) of $17.61 and a 50-day SMA of $16.21, indicating a potential bearish trend. Furthermore, the 200-day SMA stands at $24.14, suggesting a longer-term downtrend. The average true range (ATR) is $0.79, representing a 4.77% volatility.

From a fundamental perspective, Capri Holdings has a market capitalization of $2.089 billion USD, with a forward price-to-earnings ratio of 14.53. However, the companys return on equity (RoE) is currently negative at -37.56%, indicating potential underlying issues. Considering the current technical and fundamental data, a forecast for CPRI stock could be cautious, with potential support levels around the 52-week low of $12.48 and resistance near the 52-week high of $43.15. A possible trading strategy could involve waiting for a breakout above the 50-day SMA or a reversal of the RoE trend.

Based on the available data, a potential price target for CPRI stock could be around $18-20, contingent upon the companys ability to improve its RoE and stabilize its stock price above the 50-day SMA. However, if the current downtrend persists, the stock may continue to decline towards the 52-week low. As such, investors should closely monitor the companys fundamental performance and technical indicators to adjust their investment strategies accordingly.