Levi Strauss & Co. (NYSE:LEVI – Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 1.200-1.250 for the period, compared to the consensus earnings per share estimate of 1.250. The company issued revenue guidance of $6.2 billion-$6.3 billion, compared to the consensus revenue estimate of $6.3 billion. Levi Strauss & Co. also updated its FY25 guidance to $1.20-1.25 EPS.
Levi Strauss & Co. Price Performance
Shares of LEVI traded down $0.39 during midday trading on Monday, hitting $13.51. 6,150,772 shares of the company traded hands, compared to its average volume of 2,164,421. The stock has a market cap of $5.35 billion, a price-to-earnings ratio of 25.97, a PEG ratio of 1.92 and a beta of 1.07. The firm has a 50 day moving average of $17.20 and a 200-day moving average of $17.68. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.80 and a current ratio of 1.42. Levi Strauss & Co. has a 52 week low of $12.82 and a 52 week high of $24.34.
Levi Strauss & Co. (NYSE:LEVI – Get Free Report) last issued its quarterly earnings data on Monday, April 7th. The blue-jean maker reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.10. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.54 billion. Levi Strauss & Co. had a return on equity of 25.88% and a net margin of 3.32%. The company’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.26 earnings per share. On average, analysts forecast that Levi Strauss & Co. will post 1.27 EPS for the current fiscal year.
Levi Strauss & Co. Dividend Announcement
Analyst Upgrades and Downgrades
LEVI has been the topic of a number of research reports. Wells Fargo & Company decreased their price objective on Levi Strauss & Co. from $20.00 to $17.00 and set an “equal weight” rating for the company in a report on Thursday, January 30th. JPMorgan Chase & Co. lowered their price target on shares of Levi Strauss & Co. from $21.00 to $19.00 and set a “neutral” rating for the company in a research report on Friday, January 24th. Barclays cut their price objective on shares of Levi Strauss & Co. from $24.00 to $22.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Morgan Stanley lowered their target price on Levi Strauss & Co. from $18.00 to $17.00 and set an “equal weight” rating for the company in a report on Thursday, January 30th. Finally, UBS Group cut their price target on Levi Strauss & Co. from $26.00 to $25.00 and set a “buy” rating on the stock in a report on Monday, February 3rd. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, Levi Strauss & Co. has an average rating of “Moderate Buy” and a consensus price target of $20.82.
Read Our Latest Stock Report on Levi Strauss & Co.
Insider Activity
In other Levi Strauss & Co. news, Director David A. Friedman sold 4,166 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $18.44, for a total value of $76,821.04. Following the sale, the director now directly owns 100,012 shares of the company’s stock, valued at approximately $1,844,221.28. This represents a 4.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.25% of the company’s stock.
About Levi Strauss & Co.
Levi Strauss & Co engages in the design, marketing, and sale of apparel products. The company offers jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories. It operates through the following geographical segments: Americas, Europe, and Asia. The company was founded by Levi Strauss in 1853 and is headquartered in San Francisco, CA.
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