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The closing price of Levi Strauss & Co. (NYSE: LEVI) was $21.57 for the day, down -2.22% from the previous closing price of $22.06. In other words, the price has decreased by -$2.22 from its previous closing price. On the day, 2.92 million shares were traded. LEVI stock price reached its highest trading level at $22.355 during the session, while it also had its lowest trading level at $21.52.
Ratios:
Our analysis of LEVI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.20. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 23 ’24 when Haas Bradley J. sold 85,985 shares for $22.06 per share. The transaction valued at 1,896,545 led to the insider holds 0 shares of the business.
Haas Bradley J. sold 14,015 shares of LEVI for $309,081 on Apr 04 ’24. The 10% Owner now owns 0 shares after completing the transaction at $22.05 per share. On Apr 01 ’24, another insider, Haas Bradley J., who serves as the 10% Owner of the company, sold 26,959 shares for $20.14 each. As a result, the insider received 542,871 and left with 0 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 8780521472 and an Enterprise Value of 10222490624. As of this moment, Levi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 69.78, and their Forward P/E ratio for the next fiscal year is 14.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 4.34. Its current Enterprise Value per Revenue stands at 1.69 whereas that against EBITDA is 15.066.
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 13.49%, while the 200-Day Moving Average is calculated to be 36.37%.
Shares Statistics:
LEVI traded an average of 2.86M shares per day over the past three months and 3000890 shares per day over the past ten days. A total of 102.10M shares are outstanding, with a floating share count of 87.78M. Insiders hold about 78.00% of the company’s shares, while institutions hold 20.60% stake in the company. Shares short for LEVI as of 1711584000 were 10595924 with a Short Ratio of 3.71, 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
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 0.02175884
