Levi Strauss & Co. (NYSE:LEVI) Issues Earnings Results

Levi Strauss & Co. (NYSE:LEVI) released its quarterly earnings results on Wednesday. The blue-jean maker reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.02, Zacks reports. Levi Strauss & Co. had a return on equity of 24.43% and a net margin of 2.52%. Levi Strauss & Co. updated its FY 2025 guidance to 1.200-1.250 EPS.

Levi Strauss & Co. Stock Performance

NYSE LEVI opened at $18.11 on Thursday. The company has a quick ratio of 0.76, a current ratio of 1.41 and a debt-to-equity ratio of 0.54. Levi Strauss & Co. has a twelve month low of $15.62 and a twelve month high of $24.34. The business has a 50-day moving average price of $17.46 and a 200-day moving average price of $18.17. The firm has a market cap of $7.18 billion, a price-to-earnings ratio of 47.65, a price-to-earnings-growth ratio of 0.97 and a beta of 1.16.

Analyst Ratings Changes

LEVI has been the topic of a number of recent research reports. Morgan Stanley lowered their target price on Levi Strauss & Co. from $18.00 to $17.00 and set an “equal weight” rating on the stock in a report on Thursday. Wells Fargo & Company dropped their price objective on shares of Levi Strauss & Co. from $20.00 to $17.00 and set an “equal weight” rating on the stock in a report on Thursday. Guggenheim reaffirmed a “buy” rating and set a $23.00 target price on shares of Levi Strauss & Co. in a report on Friday, January 24th. Barclays decreased their price target on shares of Levi Strauss & Co. from $24.00 to $22.00 and set an “overweight” rating on the stock in a research report on Thursday. Finally, Citigroup cut their price objective on shares of Levi Strauss & Co. from $21.00 to $19.00 and set a “neutral” rating for the company in a research report on Friday, January 17th. Five equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, Levi Strauss & Co. has a consensus rating of “Moderate Buy” and an average price target of $21.36.

Insider Activity at Levi Strauss & Co.

In other Levi Strauss & Co. news, Director David A. Friedman sold 8,332 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $18.00, for a total transaction of $149,976.00. Following the completion of the sale, the director now directly owns 108,344 shares of the company’s stock, valued at $1,950,192. This trade represents a 7.14 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 3.14% of the stock is owned by corporate insiders.

Levi Strauss & Co. Company Profile

Levi Strauss & Co engages in the design, marketing, and sale of apparel products. The company offers jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories. It operates through the following geographical segments: Americas, Europe, and Asia. The company was founded by Levi Strauss in 1853 and is headquartered in San Francisco, CA.