Levi Strauss & Co. (NYSE: LEVI) has a higher price-to-earnings ratio of 55.28x compared to its average ratio, The 36-month beta value for LEVI is at 1.13. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for LEVI is 95.35M, and currently, shorts hold a 6.70% of that float. The average trading volume for LEVI on September 19, 2024 was 2.00M shares.
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LEVI) stock’s latest price update
Levi Strauss & Co. (NYSE: LEVI)’s stock price has increased by 0.41 compared to its previous closing price of 19.70. However, the company has seen a 2.54% increase in its stock price over the last five trading sessions. businesswire.com reported 2024-09-18 that SAN FRANCISCO–(BUSINESS WIRE)–Levi Strauss & Co. (NYSE: LEVI) will host a conference call to discuss the company’s financial results for the third quarter ended August 25, 2024. The call will be held on Wednesday, October 2, 2024, at 2 p.m. Pacific Time / 5 p.m. Eastern Time, and will be hosted by Michelle Gass, president and chief executive officer, and Harmit Singh, chief financial and growth officer. To access the conference call, please pre-register using this link. Registrants will r.
LEVI’s Market Performance
Levi Strauss & Co. (LEVI) has seen a 2.54% rise in stock performance for the week, with a 2.17% gain in the past month and a -15.97% plunge in the past quarter. The volatility ratio for the week is 2.34%, and the volatility levels for the past 30 days are at 2.51% for LEVI. The simple moving average for the past 20 days is 3.14% for LEVI’s stock, with a 4.23% simple moving average for the past 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 $26 based on the research report published on June 21, 2024 of the current year 2024.
Telsey Advisory Group gave a rating of “Outperform” to LEVI, setting the target price at $24 in the report published on April 04th of the current year.
LEVI Trading at 6.48% 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 -18.73% of loss for the given period.
Volatility was left at 2.51%, however, over the last 30 days, the volatility rate increased by 2.34%, as shares surge +4.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.62% upper at present.
During the last 5 trading sessions, LEVI rose by +2.54%, which changed the moving average for the period of 200-days by +27.70% in comparison to the 20-day moving average, which settled at $19.22. In addition, Levi Strauss & Co. saw 19.59% 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 Friedman David A, who sale 25,002 shares at the price of $20.00 back on Sep 16 ’24. After this action, Friedman David A now owns 229,176 shares of Levi Strauss & Co., valued at $500,040 using the latest closing price.
Friedman David A, the Director of Levi Strauss & Co., proposed sale 43,752 shares at $20.00 during a trade that took place back on Sep 16 ’24, which means that Friedman David A is holding shares at $875,040 based on the most recent closing price.
Stock Fundamentals for LEVI
Current profitability levels for the company are sitting at:
- 0.07 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 0.1. Equity return is now at value 7.39, with 2.38 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 0.68. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is 327.92.
Currently, EBITDA for the company is 353.3 million with net debt to EBITDA at 2.5. When we switch over and look at the enterprise to sales, we see a ratio of 1.53. The receivables turnover for the company is 10.58for trailing twelve months and the total asset turnover is 0.99. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.42.
Conclusion
In conclusion, Levi Strauss & Co. (LEVI) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
