At the time of writing, Levi Strauss & Co. [LEVI] stock is trading at $23.48, up 2.76%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LEVI shares have lost -0.42% over the last week, with a monthly amount glided 5.77%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Telsey Advisory Group reaffirmed its Outperform rating on April 04, 2024, and elevated its price target to $24. On March 27, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $22 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $18 on January 26, 2024. Wells Fargo downgraded its rating to a Equal Weight but $18 remained the price target by the analyst firm on January 16, 2024. TD Cowen started tracking with a Outperform rating for this stock on September 27, 2023, and assigned it a price target of $16. In a note dated January 23, 2023, JP Morgan downgraded an Neutral rating on this stock and revised its target price from $19 to $17.
For the past year, the stock price of Levi Strauss & Co. fluctuated between $12.41 and $24.34. 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 $23.48 at the most recent close of the market. An investor can expect a potential drop of -6.81% based on the average LEVI price forecast.
Analyzing the LEVI fundamentals
According to Levi Strauss & Co. [NYSE:LEVI], the company’s sales were 6.05B for trailing twelve months, which represents an -7.59% plunge. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.64.
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 22.98 points at the first support level, and at 22.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.77, and for the 2nd resistance point, it is at 24.05.
Ratios To Look Out For
It is important to note that Levi Strauss & Co. [NYSE:LEVI] has a current ratio of 1.43. In addition, the Quick Ratio stands at 0.78 and the Cash Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 1.55, the price to book ratio is 4.73 and price to earnings (TTM) ratio is 75.96.
Transactions by insiders
Recent insider trading involved Friedman David A, Director, that happened on Jun 03 ’24 when 16666.0 shares were sold. 10% Owner, Haas Bradley J. completed a deal on May 31 ’24 to sell 100000.0 shares. Meanwhile, 10% Owner Peter E. Haas Jr. Family Fund sold 56743.0 shares on May 17 ’24.
