How Have Levi Strauss & Co. (LEVI) Insiders Been Trading?

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Levi Strauss & Co. (NYSE:LEVI) finished Wednesday with a subtraction of -$0.1 to close at $15.37, a downside of -0.65 percent. An average of 1,285,140 shares of common stock have been traded in the last five days. There was a fall of -$0.08 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 1,692,330 shares traded, while the 50-day average volume stands at 1,857,736.

LEVI stock has decreased by -4.36% in the last month. The company shares reached their 1-month lowest point of $14.89 on 12/22/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $13.57 and a high of $25.37 in 52 weeks. It has reached a new high 1 time so far this year and lost -38.59% or -$9.66 in price. In spite of this, the price is down -39.42% 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 29 days ago on Nov 30. In this transaction, the insider spent $191,809. EVP & Chief Commercial Officer, Ellison Seth M., disposed of 94 shares at a price of $15.58 on Nov 25. The insider now owns more than $1,465 worth of shares. Prior to that, EVP & Chief Commercial Officer Ellison Seth M. went on to Sale 2,735 shares at $15.61 each on Nov 21. An amount of $42,693 was transacted.

Valuation Metrics

Levi Strauss & Co. (LEVI) has a trailing price-to-earnings (P/E) ratio of 10.89. The stock’s beta is 1.13. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.96, the price-to-book (PB) ratio at 3.33, and the price-to-cash flow ratio at 176.67.

The company has a payout ratio of 30.70%. The company’s most recent quarterly dividend payment was $0.12 a share, without any change from last year. Its latest increase dividend $0.02 reported on Thursday July 7 2022.

Financial Health

The quick ratio of Levi Strauss & Co. for the three months ended August 30 was 0.80, and the current ratio was 1.50, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.53 and a total debt to equity ratio of 0.53 for the quarter ending August 30. Its gross profit as reported stood at $3.35 billion compared to revenue of $5.76 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Levi Strauss & Co.’s return on assets was 9.80%.

Earnings Surprise

For the three-month period that ended August 30, Levi Strauss & Co. had $100.52 million in cash and short-term investments compared to $963.51 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $172.96 million in the quarter, while revenues of $49.74 million were shrunk -11.78%. The analyst consensus anticipated Levi Strauss & Co.’s latest quarter earnings to come in at $0.37 per share, but it turned out to be $0.4, a 8.10% surprise. For the quarter, EBITDA amounted to $239.32 million. Shareholders own equity worth $394.39 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Levi Strauss & Co. (LEVI) price momentum. RSI 9-day as of the close on 28 December was 35.26%, suggesting the stock is Neutral, with historical volatility in this time frame at 22.01%.

As of today, LEVI’s price is $15.41 -0.52% or -$0.08 from its 5-day moving average. LEVI is currently trading -4.89% lower than its 20-day SMA and -19.44% lower than its 100-day SMA. However, the stock’s current price level is +5.35% above the SMA50 and -15.64% below the SMA200.

The stochastic %K and %D were 20.00% and 20.73%, respectively, and the average true range (ATR) was 0.52. With the 14-day stochastic at 17.45% and the average true range at 0.54, the RSI (14) stands at 41.36%. The stock has reached -0.14 on the 9-day MACD Oscillator while the 14-day reading was at -0.56.

Analyst Ratings

Goldman downgraded Levi Strauss & Co. (NYSE: LEVI) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Levi Strauss & Co. (LEVI) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell LEVI, while 3 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 10 others rate it as a “buy”.

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

Analysts predict a range of price targets between $16.00 and $27.00, with a median target of $19.00. Taking a look at these predictions, the average price target given by analysts for Levi Strauss & Co. (LEVI) stock is $19.94.

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