Advertisement
Canada markets close in 2 hours 44 minutes

  • S&P/TSX

    21,846.44
    -27.28 (-0.12%)
     

  • S&P 500

    5,032.64
    -38.99 (-0.77%)
     

  • DOW

    38,007.56
    -453.36 (-1.18%)
     

  • CAD/USD

    0.7314
    +0.0016 (+0.22%)
     

  • CRUDE OIL

    82.54
    -0.27 (-0.33%)
     

  • Bitcoin CAD

    88,397.59
    -428.45 (-0.48%)
     

  • CMC Crypto 200

    1,391.46
    +8.89 (+0.64%)
     

  • GOLD FUTURES

    2,341.50
    +3.10 (+0.13%)
     

  • RUSSELL 2000

    1,974.28
    -21.14 (-1.06%)
     

  • 10-Yr Bond

    4.7000
    +0.0480 (+1.03%)
     

  • NASDAQ

    15,544.66
    -168.09 (-1.07%)
     

  • VOLATILITY

    16.36
    +0.39 (+2.44%)
     

  • FTSE

    8,078.86
    +38.48 (+0.48%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • CAD/EUR

    0.6808
    -0.0011 (-0.16%)
     
MARKETS LIVE BLOG:

STOCKS SLIDE AFTER META'S REALITY CHECK, DOWNBEAT GDP

Caterpillar sinks 7% after earnings, management sees weakness in Europe, Asia-Pacific

Capri Holdings (CPRI) in Focus: Stock Moves 8.3% Higher

Zacks Equity Research
·2 min read

Capri Holdings Limited CPRI was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $29.82 –$38.01 in the past one-month time frame, witnessed a sharp increase yesterday.

The move came in after the company reported better-than-expected results in third quarter of fiscal 2020.

The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Capri Holdings currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Capri Holdings Limited Price

Capri Holdings Limited Price
Capri Holdings Limited Price

Capri Holdings Limited price | Capri Holdings Limited Quote

ADVERTISEMENT

Investors interested in the Retail - Apparel and Shoes industry may consider Chico's FAS, Inc. CHS, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is CPRI going up? Or down? Predict to see what others think: Up or Down

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.

Click here for the 6 trades >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Chico's FAS, Inc. (CHS) : Free Stock Analysis Report
 
Capri Holdings Limited (CPRI) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research