Levi Strauss & Co. (LEVI) Scheduled to Post Earnings on Wednesday

Levi Strauss & Co. (NYSE:LEVI) is set to release its earnings data after the market closes on Wednesday, October 2nd. Analysts expect Levi Strauss & Co. to post earnings of $0.33 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Levi Strauss & Co. Stock Performance

Shares of Levi Strauss & Co. stock opened at $21.80 on Tuesday. The company has a market cap of $8.67 billion, a PE ratio of 62.29, a price-to-earnings-growth ratio of 1.19 and a beta of 1.14. Levi Strauss & Co. has a 52 week low of $12.41 and a 52 week high of $24.34. The business has a 50 day moving average price of $18.97 and a 200-day moving average price of $20.31. The company has a quick ratio of 0.77, a current ratio of 1.42 and a debt-to-equity ratio of 0.51.

Insider Transactions at Levi Strauss & Co.

In other news, Director David A. Friedman sold 25,002 shares of the firm’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $20.00, for a total value of $500,040.00. Following the completion of the transaction, the director now directly owns 229,176 shares of the company’s stock, valued at $4,583,520. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director David A. Friedman sold 4,166 shares of Levi Strauss & Co. stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $19.15, for a total transaction of $79,778.90. Following the completion of the sale, the director now owns 154,178 shares of the company’s stock, valued at $2,952,508.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director David A. Friedman sold 25,002 shares of Levi Strauss & Co. stock in a transaction on Monday, September 16th. The shares were sold at an average price of $20.00, for a total value of $500,040.00. Following the sale, the director now directly owns 229,176 shares of the company’s stock, valued at approximately $4,583,520. The disclosure for this sale can be found here. Insiders sold 33,334 shares of company stock valued at $655,765 over the last three months. Company insiders own 3.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Stifel Nicolaus increased their price objective on Levi Strauss & Co. from $24.00 to $28.00 and gave the stock a “buy” rating in a research note on Monday, June 24th. Bank of America increased their price target on Levi Strauss & Co. from $19.00 to $22.00 and gave the company a “neutral” rating in a research report on Thursday, June 27th. OTR Global began coverage on Levi Strauss & Co. in a research report on Friday, June 14th. They set a “positive” rating for the company. TD Cowen decreased their price target on Levi Strauss & Co. from $26.00 to $25.00 and set a “buy” rating for the company in a research report on Friday. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $26.00 price target on shares of Levi Strauss & Co. in a research report on Friday. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $23.25.

Levi Strauss & Co. Company Profile

Levi Strauss & Co designs, markets, and sells apparels and related accessories for men, women, and children worldwide. The company offers jeans, casual and dress pants, activewears, tops, shorts, skirts, dresses, jumpsuits, shirts, sweaters, jackets, footwear, and related accessories under the Levi's, Dockers, Signature by Levi Strauss & Co, Denizen, and Beyond Yoga brands.