The Price Of Levi Strauss & Co. (LEVI) Has Climbed $50.68 Past Week

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The stock of Levi Strauss & Co. (NYSE:LEVI) decreased by -$0.22 on Wednesday to $15.91, down -1.35 percent. The last five days have seen an average of 1,674,170 shares of common stock traded. 1 time new highs were reached in the current year, with a fall of -$9.13. The average number of shares traded over the last 20 days was 1,979,068, while the average volume over the last 50 days totaled 2,504,689.

LEVI stock appreciated 12.88% since last month. On 10/24/22, the company’s shares reached a one-month low of $13.96. The stock touched a high of $28.62 on 01/03/22, after rallying from a low of $13.57 in 52 weeks. The price of LEVI stock has declined by -35.56% or -$9.13 this year, reaching a new high 1 time. Still, the stock price is down -44.40% from the 52-week high.


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Insider Transactions

LEVI stock investors should be aware that Levi Strauss & Co. (LEVI) stock had its last reported insider trading activity 5 days ago on Nov 18. On Nov 18, EVP & Chief Commercial Officer Ellison Seth M. sold 4,527 shares at $15.90 each. This transaction resulted in the insider making $71,979. On Nov 17, Ellison Seth M. sold 4,431 shares at a price of US$15.43. After the transaction, the insider now owns 89,946 shares. EVP & Chief Commercial Officer Ellison Seth M. had earlier sold 4,250 shares on Nov 16 for $15.91 a share. The transaction was completed for $67,618.

Valuation Metrics

Levi Strauss & Co. (LEVI) has a trailing price-to-earnings (P/E) ratio of 11.42. Beta for the stock is 1.13. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.00, the price-to-book (PB) ratio of 3.50, and the price-to-cash flow ratio of 183.89.

Company paid $0.12 per share in dividends, remained unchanged from $0.12 last year. A $0.02 dividend increase was reported on Thursday July 7 2022.

Financial Health

For the three months ended August 30, Levi Strauss & Co.’s quick ratio was 0.80, while its current ratio was 1.50, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending August 30 is 0.53, and the total debt to equity ratio is 0.53. As far as profitability goes, gross margin for the trailing twelve months is 58.00% percent. Levi Strauss & Co.’s operating margin stood at 11.20% for the same period. Based on annual data, it had gross profit of $3.35 billion and revenue of $5.76 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. LEVI’s return on assets (ROA) during the last 12 months has been 9.80%. There was a 23.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 32.90%.

Earnings Surprise

According to Levi Strauss & Co.’s quarterly financial report for the quarter that ended August 30, it had $963.51 million in total debt versus $100.52 million in cash and short-term investments. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.52 billion, while revenues rose by 1.29% to $1.47 billion. It was predicted that Levi Strauss & Co.’s quarterly earnings would be $0.4, but it ended up being $0.37, beating the consensus by 8.10%. EBITDA was $239.32 million for the quarter. At the end of Levi Strauss & Co.’s most recent quarter ended August 30, its liabilities totaled 4.07 billion, while its total debt was $2.1 billion. Equity owned by shareholders amounts to $394.39 million.

Technical Picture

Here’s a quick look at Levi Strauss & Co.’s (LEVI) price momentum from a technical perspective. As of 22 November, the RSI 9-day stood at 55.69%, suggesting the stock is Neutral, with a 44.21% historical volatility rate.

The stochastic %K and %D were 64.44% and 60.46% respectively, while the average true range (ATR) was 0.60. Based on the 14-day stochastic reading of 63.75%, the RSI (14) reading is 54.16%. On the 9-day MACD Oscillator, the stock is at -0.02, and the 14-day reading is at 0.28.

Analyst Ratings

Levi Strauss & Co. (NYSE: LEVI) was downgraded by Morgan Stanley to a an Equal-weight rating in its latest research report. The stock was previously rated as a an Overweight. Analysts have assigned Levi Strauss & Co. (LEVI) an Buy rating. LEVI is a stock that is recommended for selling by 0 brokerage firms, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 11 others recommend it as a buy.

What is LEVI’s price target for the next 12 months?

The current consensus forecast for the stock is between $16.00 and $27.00, with a median target price of $19.00. In analyzing these forecasts, the average price target given by analysts for Levi Strauss & Co. (LEVI) is $20.17.

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