The price-to-earnings ratio for Levi Strauss & Co. (NYSE: LEVI) is 63.80x, which is above its average ratio. Moreover, the 36-month beta value for LEVI is 1.23. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LEVI is 87.08M and currently, short sellers hold a 12.17% of that float. On April 16, 2024, LEVI’s average trading volume was 2.75M shares.
LEVI) stock’s latest price update
Levi Strauss & Co. (NYSE: LEVI)’s stock price has plunge by 2.55relation to previous closing price of 19.23. Nevertheless, the company has seen a -4.04% plunge in its stock price over the last five trading sessions. CNBC reported 2024-04-12 that The iconic shoe is getting a lift from Beyoncé’s latest album.
LEVI’s Market Performance
Levi Strauss & Co. (LEVI) has seen a -4.04% fall in stock performance for the week, with a 7.64% gain in the past month and a 24.03% surge in the past quarter. The volatility ratio for the week is 2.74%, and the volatility levels for the past 30 days are at 2.93% for LEVI. The simple moving average for the last 20 days is 1.70% for LEVI stock, with a simple moving average of 26.51% for the last 200 days.
Analysts’ Opinion of LEVI
Many brokerage firms have already submitted their reports for LEVI stocks, with Telsey Advisory Group repeating the rating for LEVI by listing it as a “Outperform.” The predicted price for LEVI in the upcoming period, according to Telsey Advisory Group is $24 based on the research report published on April 04, 2024 of the current year 2024.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see LEVI reach a price target of $22, previously predicting the price at $18. The rating they have provided for LEVI stocks is “Outperform” according to the report published on March 27th, 2024.
Telsey Advisory Group gave a rating of “Outperform” to LEVI, setting the target price at $18 in the report published on January 26th of the current year.
LEVI Trading at 6.71% from the 50-Day Moving Average
After a stumble in the market that brought LEVI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.92% of loss for the given period.
Volatility was left at 2.93%, however, over the last 30 days, the volatility rate increased by 2.74%, as shares surge +8.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.87% upper at present.
During the last 5 trading sessions, LEVI fell by -4.04%, which changed the moving average for the period of 200-days by +37.52% in comparison to the 20-day moving average, which settled at $19.47. In addition, Levi Strauss & Co. saw 19.23% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LEVI starting from Haas Bradley J., who sale 14,015 shares at the price of $22.05 back on Apr 04 ’24. After this action, Haas Bradley J. now owns 0 shares of Levi Strauss & Co., valued at $309,081 using the latest closing price.
Haas Bradley J., the 10% Owner of Levi Strauss & Co., sale 26,959 shares at $20.14 during a trade that took place back on Apr 01 ’24, which means that Haas Bradley J. is holding 0 shares at $542,871 based on the most recent closing price.
Stock Fundamentals for LEVI
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.58 for the gross margin
The net margin for Levi Strauss & Co. stands at 0.02. The total capital return value is set at 0.07. Equity return is now at value 6.30, with 2.10 for asset returns.
Based on Levi Strauss & Co. (LEVI), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.7. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is 71.17.
Currently, EBITDA for the company is 353.3 million with net debt to EBITDA at 3.34. When we switch over and look at the enterprise to sales, we see a ratio of 1.57. The receivables turnover for the company is 9.14for trailing twelve months and the total asset turnover is 1.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.43.
Conclusion
To wrap up, the performance of Levi Strauss & Co. (LEVI) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
