The stock of Levi Strauss & Co. (NYSE:LEVI) last traded at $20.55, down -2.00% from the previous session.
LEVI stock price is now 14.13% away from the 50-day moving average and 33.24% away from the 200-day moving average. The market capitalization of the company currently stands at $8.18B.
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With the price target enhanced from $22 to $24, Telsey Advisory Group maintained Outperform rating for Levi Strauss & Co. (NYSE: LEVI). On March 27, 2024, Telsey Advisory Group reiterated its ‘Outperform’ rating on the stock by increasing its target price from $18 to quote $22, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, Haas Bradley J., 10% Owner sold 14,015 shares of the company’s stock on Apr 04 ’24. The stock was sold for $309,081 at an average price of $22.05. 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, 10% Owner Haas Bradley J. sold 26,959 shares of the business’s stock. A total of $542,871 was realized by selling the stock at an average price of $20.14. 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 $22.39. As of last week, the company has a debt-to-equity ratio of 1.09, a current ratio of 1.43, and a quick ratio of 0.78. According to the stock market information, the enterprise value for the company is $9.82B, which is based on a 66.48 price-to-earnings ratio, a 4.82 price-to-earnings-growth ratio, and a beta of 1.21. The fifty day moving average price for LEVI is $18.10 and a two-hundred day moving average price translates $15.45 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 $0.26, beating analysts’ expectations of $0.21 by 0.05. This compares to $0.29 EPS in the same period last year. The net profit margin was 2.05% and return on equity was 6.30% for LEVI. The company reported revenue of $1.56 billion for the quarter, compared to $1.69 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -7.77 percent. For the current quarter, analysts expect LEVI to generate $1.45B in revenue.
