What is the best trade option for Levi Strauss & Co. (LEVI) stock?

Levi Strauss & Co. [LEVI] stock is trading at $20.55, up 0.20%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LEVI shares have gain 6.86% over the last week, with a monthly amount glided 9.78%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Levi Strauss & Co. [NYSE: LEVI] stock has seen the most recent analyst activity on April 04, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $24 from $22. Previously, Telsey Advisory Group reaffirmed its Outperform rating on March 27, 2024, and elevated its price target to $22. On January 26, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $18 on the stock. Wells Fargo downgraded its rating to a Equal Weight but stick to its price target of $18 on January 16, 2024. TD Cowen initiated its recommendation with a Outperform and recommended $16 as its price target on September 27, 2023. JP Morgan downgraded its rating to Neutral for this stock on January 23, 2023, and downed its price target to $17. In a note dated January 18, 2023, BofA Securities downgraded an Neutral rating on this stock and revised its target price from $19 to $17.

Levi Strauss & Co. [LEVI] stock has fluctuated between $12.41 and $22.39 over the past year. Currently, Wall Street analysts expect the stock to reach $21.88 within the next 12 months. Levi Strauss & Co. [NYSE: LEVI] shares were valued at $20.55 at the most recent close of the market. An investor can expect a potential return of 6.47% based on the average LEVI price forecast.

Analyzing the LEVI fundamentals

Levi Strauss & Co. [NYSE:LEVI] reported sales of 6.05B for the trailing twelve months, which represents a drop of -7.59%. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.06 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.64.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.35 points at the first support level, and at 20.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.82, and for the 2nd resistance point, it is at 21.09.

Ratios To Look Out For

For context, Levi Strauss & Co.’s Current Ratio is 1.43. Also, the Quick Ratio is 0.78, while the Cash Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 1.36, the price to book ratio is 4.14 and price to earnings (TTM) ratio is 66.48.

Transactions by insiders

Recent insider trading involved Haas Bradley J., 10% Owner, that happened on Apr 04 ’24 when 14015.0 shares were sold. 10% Owner, Haas Bradley J. completed a deal on Apr 01 ’24 to sell 26959.0 shares. Meanwhile, Director Friedman David A sold 10422.0 shares on Apr 01 ’24.

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