With 7.93 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.23 million shares. The 52-week range on CPRI shows that it touched its highest point at $47.17 and its lowest point at $18.70 during that stretch. It currently has a 1-year price target of $23.92. Beta for the stock currently stands at 2.10.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CPRI was up-trending over the past week, with a rise of 7.59%, but this was down by -11.65% over a month. Three-month performance dropped to -0.04% while six-month performance fell -36.41%. The stock lost -50.66% in the past year, while it has gained 8.40% so far this year. A look at the trailing 12-month EPS for CPRI yields -8.56 with Next year EPS estimates of 1.16. For the next quarter, that number is -0.13. This implies an EPS growth rate of -70.94% for this year and 13.62% for next year.
Float and Shares Shorts:
At present, 117.91 million CPRI shares are outstanding with a float of 114.98 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CPRI since 11 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.83451 being high and $3.68627 being low. For CPRI, this leads to a yearly average estimate of $3.75545. Based on analyst estimates, the high estimate for the next quarter is $0.23 and the low estimate is -$0.1. The average estimate for the next quarter is thus $0.09.
Summary of Insider Activity:
Insiders traded CPRI stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.