The price of Levi Strauss & Co. (NYSE:LEVI) shares last traded on Wall Street fell -0.43% to $18.66.
LEVI stock price is now 4.57% away from the 50-day moving average and 21.37% away from the 200-day moving average. The market capitalization of the company currently stands at $7.43B.
With the price target enhanced from $18 to $22, Telsey Advisory Group maintained Outperform rating for Levi Strauss & Co. (NYSE: LEVI). On January 26, 2024, Telsey Advisory Group reiterated its ‘Outperform’ rating on the stock by increasing its target price from $16 to quote $18, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, Haas Bradley J., 10% Owner sold 26,959 shares of the company’s stock on Apr 01 ’24. The stock was sold for $542,871 at an average price of $20.14. Upon completion of the transaction, the 10% Owner now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 01 ’24, Director Friedman David A sold 10,422 shares of the business’s stock. A total of $208,470 was realized by selling the stock at an average price of $20.00. This leaves the insider owning 169,008 shares of the company worth $3.15 million. A total of 78.12% of the company’s stock is owned by insiders.
During the past 12 months, Levi Strauss & Co. has had a low of $12.41 and a high of $20.36. As of last week, the company has a debt-to-equity ratio of 1.07, a current ratio of 1.48, and a quick ratio of 0.75. According to the stock market information, the enterprise value for the company is $9.24B, which is based on a 29.99 price-to-earnings ratio, a 5.66 price-to-earnings-growth ratio, and a beta of 1.23. The fifty day moving average price for LEVI is $17.90 and a two-hundred day moving average price translates $15.39 for the stock.
The latest earnings results from Levi Strauss & Co. (NYSE: LEVI) was released for Nov, 2023. According to the Apparel Manufacturing Company, earnings per share came in at $0.44, beating analysts’ expectations of $0.43 by 0.01. This compares to $0.38 EPS in the same period last year. The net profit margin was 4.04% and return on equity was 12.63% for LEVI. The company reported revenue of $1.64 billion for the quarter, compared to $1.59 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.37 percent. For the current quarter, analysts expect LEVI to generate $1.55B in revenue.
