Levi Strauss & Co. [LEVI] has traded in a range of $9.09 to $20.70 in the last 1 year. As of this writing, the stock is at $16.02, up 3.29%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, LEVI shares are 2.96% up with the monthly amount drift of 18.75% and seems well in a long time frame.
On 6, October 2020, Levi Strauss & Co. Reports Third-Quarter 2020 Financial Results. According to news published on Yahoo Finance, Reported Revenues of $1.1 Billion were down 27 percent.
Analyst Birdseye View:
The most recent analyst activity for Levi Strauss & Co. [NYSE:LEVI] stock was on October 07, 2020, when it was Reiterated with an Outperform rating from Telsey Advisory Group, which also raised its 12-month price target on the stock from $17 to $20. On July 08, 2020, Telsey Advisory Group Reiterated an Outperform rating and plunged its price target on this stock from $20 to $17. On June 16, 2020, Exane BNP Paribas Initiated an Outperform rating. On April 01, 2020, Telsey Advisory Group Reiterated an Outperform rating and decreased its price target to $20. On March 18, 2020, BofA/Merrill Downgrade a Neutral rating and boosted its amount target on this stock to $15. On February 24, 2020, UBS Initiated a Buy rating and boosted its target amount on this stock to $29.
In the past 52 weeks of trading, this stock has oscillated between a low of $9.09 and a peak of $20.70. Right now, according to Wall Street analyst the average 12-month amount target is $19.40. At the most recent market close, shares of Levi Strauss & Co. [NYSE:LEVI] were valued at $16.02. According to the average price forecast, investors can expect a potential return of 6.5%.
Levi Strauss & Co. [NYSE:LEVI] most recently reported quarterly sales of 1.06 billion, which represented growth of -26.50%. This publicly-traded organization’s revenue is $365,000 per employee, while its income is $24,975 per employee. This company’s Gross Margin is currently 52.60%, its Operating Margin is -1.00%, its Pretax Margin is +8.28, and its Net Margin is +6.84. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 10.15, 35.49, 26.62 and 18.57 respectively.
The Principal structure of this organization shows its whole liability to whole principal at 39.35 and the whole liability to whole assets at 23.97. It shows enduring liability to the whole principal at 39.05 and enduring liability to assets at 0.24 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 15.44 points at 1st support level, the second support level is making up to 14.87. But as of 1st resistance point, this stock is sitting at 16.32 and at 16.63 for 2nd resistance point.
Levi Strauss & Co. [LEVI] reported its earnings at $0.08 per share in the fiscal quarter closing of 8/30/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.22/share signifying the difference of 0.3 and 136.40% surprise value. Comparing the previous quarter ending of 5/30/2020, the stated earnings were -$0.48 calling estimates for -$0.49/share with the difference of 0.01 depicting the surprise of 2.00%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Levi Strauss & Co. [NYSE:LEVI] is 2.00. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.87. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.20 and it’s amount to book ratio is 4.28.
The most recent insider trade was by Haas Miriam L, 10% Owner, and it was the sale of 100000.0 shares on Oct 13. Haas Miriam L, the 10% Owner, completed a sale of 0.2 million shares on Oct 12. On Oct 09, Haas Miriam L, 10% Owner, completed a sale of 0.2 million shares.