Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Levi Strauss & Co. (NYSE: LEVI) closed the day trading at $20.51 down -0.73% from the previous closing price of $20.66. In other words, the price has decreased by -$0.73 from its previous closing price. On the day, 2.0 million shares were traded. LEVI stock price reached its highest trading level at $20.85 during the session, while it also had its lowest trading level at $20.465.
Ratios:
For a better understanding of LEVI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.48. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 8163574784 and an Enterprise Value of 9800579072. As of this moment, Levi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 66.35, and their Forward P/E ratio for the next fiscal year is 14.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.35 while its Price-to-Book (P/B) ratio in mrq is 4.13. Its current Enterprise Value per Revenue stands at 1.621 whereas that against EBITDA is 14.444.
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 9.63%, while the 200-Day Moving Average is calculated to be 30.85%.
Shares Statistics:
Over the past 3-months, LEVI traded about 2.82M shares per day on average, while over the past 10 days, LEVI traded about 3685520 shares per day. A total of 102.10M shares are outstanding, with a floating share count of 87.16M. Insiders hold about 78.11% of the company’s shares, while institutions hold 20.68% stake in the company. Shares short for LEVI as of 1711584000 were 10595924 with a Short Ratio of 3.75, compared to 1709164800 on 11610180. Therefore, it implies a Short% of Shares Outstanding of 10595924 and a Short% of Float of 10.95.
Dividends & Splits
LEVI’s forward annual dividend rate is 0.48, up from 0.48 a year ago.
Earnings Estimates
Investors are keenly observing as The Lion Electric Company analysts analyze and rate the current performance of Levi Strauss & Co. (LEVI) in the stock market.The consensus estimate for the next quarter is $20.51, with high estimates of $25.18 and low estimates of $21.44.
