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Bernstein Keeps Their Hold Rating on Capri Holdings (CPRI)

Tipranks - Sun Jun 7, 12:28AM CDT

In a report released yesterday, from Bernstein maintained a Hold rating on Capri Holdings. The company’s shares closed yesterday at $18.87.

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In addition to Bernstein, Capri Holdings also received a Hold from Wells Fargo’s Ike Boruchow in a report issued on May 28. However, on the same day, BTIG assigned a Buy rating to Capri Holdings (NYSE: CPRI).

Based on Capri Holdings’ latest earnings release for the quarter ending March 28, the company reported a quarterly revenue of $796 million and a GAAP net loss of $4 million. In comparison, last year the company earned a revenue of $1.04 billion and had a GAAP net loss of $645 million

Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, Krista A McDonough, the Chief Legal & Sustain Officer of CPRI sold 92,236.00 shares for a total of $1,706,366.00.

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