As of close of business last night, Levi Strauss & Co.’s stock clocked out at $19.86, down -1.14% from its previous closing price of $20.09. In other words, the price has decreased by -$0.23 from its previous closing price. On the day, 2447994 shares were traded.
Ratios:
To gain a deeper understanding of LEVI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.05. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 1.09 whereas as Long-Term Debt/Eq ratio is at 0.96.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on April 04, 2024, Reiterated its Outperform rating but revised its target price to $24 from $22 previously.
On March 27, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $18 to $22.
Telsey Advisory Group reiterated its Outperform rating for the stock on January 26, 2024, while the target price for the stock was revised from $16 to $18.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 04 ’24 when Haas Bradley J. sold 14,015 shares for $22.05 per share. The transaction valued at 309,081 led to the insider holds 0 shares of the business.
Haas Bradley J. sold 26,959 shares of LEVI for $542,871 on Apr 01 ’24. The 10% Owner now owns 0 shares after completing the transaction at $20.14 per share. On Apr 01 ’24, another insider, Friedman David A, who serves as the Director of the company, sold 10,422 shares for $20.00 each. As a result, the insider received 208,470 and left with 169,008 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LEVI now has a Market Capitalization of 7.90B and an Enterprise Value of 9.54B. As of this moment, Levi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 64.25, and their Forward P/E ratio for the next fiscal year is 13.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 4.00. Its current Enterprise Value per Revenue stands at 1.58 whereas that against EBITDA is 29.02.
Stock Price History:
Over the past 52 weeks, LEVI has reached a high of $22.39, while it has fallen to a 52-week low of $12.41. The 50-Day Moving Average of the stock is 18.42, while the 200-Day Moving Average is calculated to be 15.56.
Shares Statistics:
It appears that LEVI traded 2.69M shares on average per day over the past three months and 6.82M shares per day over the past ten days. A total of 102.10M shares are outstanding, with a floating share count of 87.08M. Insiders hold about 78.13% of the company’s shares, while institutions hold 20.68% stake in the company. Shares short for LEVI as of Mar 15, 2024 were 10.67M with a Short Ratio of 3.94, compared to 11.72M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.68% and a Short% of Float of 11.12%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.48, LEVI has a forward annual dividend rate of 0.48. Against a Trailing Annual Dividend Yield of 2.39%, it implies a Forward Annual Dividend Yield of 2.48%.
Earnings Estimates
As of right now, 10 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.11 for the current quarter, with a high estimate of $0.12 and a low estimate of $0.1, while EPS last year was $0.04. The consensus estimate for the next quarter is $0.37, with high estimates of $0.4 and low estimates of $0.34.
Analysts are recommending an EPS of between $1.35 and $1.24 for the fiscal current year, implying an average EPS of $1.27. EPS for the following year is $1.46, with 12 analysts recommending between $1.5 and $1.4.
Revenue Estimates
A total of 12 analysts have provided revenue estimates for LEVI’s current fiscal year. The highest revenue estimate was $6.4B, while the lowest revenue estimate was $6.32B, resulting in an average revenue estimate of $6.35B. In the same quarter a year ago, actual revenue was $6.18B, up 2.80% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $6.69B in the next fiscal year. The high estimate is $6.92B and the low estimate is $6.6B. The average revenue growth estimate for next year is up 5.40% from the average revenue estimate for this year.
