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CPRI Stock Forecast: Strong Top-Line and Margin Growth Forecasts

This CPRI Stock Forecast article was written by Opher Joseph – Financial Analyst, I Know First.

The market growth forecasts depict a favorable return with targets of $6.83 per share for the current fiscal year.
CPRI grew revenue by 25% year-over-year, nudged adjusted gross margins up to 63.7%, and increased earnings per share by 170% year-over-year to $1.02.
Return on Equity (ROE) of 32.76% and Return on Capital Employed (ROCE) of 17.05% better than 76.32% of the companies in its industry.
The company has announced to buy back $1 billion worth of shares to maximize shareholder returns.