Levi Strauss & Co. (LEVI) stock poised to deliver a potential return of 27.88%

Levi Strauss & Co. [LEVI] stock is trading at $17.79, up 1.54%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LEVI shares have gain 4.96% over the last week, with a monthly amount drifted -6.91%, and not 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 June 21, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $26 from $24. On April 04, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $24 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $22 on March 27, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and raised its price target to $18 on January 26, 2024. Wells Fargo downgraded its rating to Equal Weight for this stock on January 16, 2024, but kept the price target unchanged to $18. In a note dated September 27, 2023, TD Cowen initiated an Outperform rating and provided a target price of $16 on this stock.

Levi Strauss & Co. [LEVI] stock has fluctuated between $12.41 and $24.34 over the past year. Currently, Wall Street analysts expect the stock to reach $22.75 within the next 12 months. Levi Strauss & Co. [NYSE: LEVI] shares were valued at $17.79 at the most recent close of the market. An investor can expect a potential return of 27.88% based on the average LEVI price forecast.

Analyzing the LEVI fundamentals

Levi Strauss & Co. [NYSE:LEVI] reported sales of 6.16B for the trailing twelve months, which represents a growth of 7.96%. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.07%, 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 0.07 and Total Capital is 0.1. 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 17.59 points at the first support level, and at 17.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.95, and for the 2nd resistance point, it is at 18.10.

Ratios To Look Out For

For context, Levi Strauss & Co.’s Current Ratio is 1.42. As well, the Quick Ratio is 0.77, while the Cash Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 1.15, the price to book ratio is 3.62 and price to earnings (TTM) ratio is 49.72.

Transactions by insiders

Recent insider trading involved Friedman David A, Director, that happened on Aug 01 ’24 when 10416.0 shares were purchased. Director, Friedman David A completed a deal on Aug 01 ’24 to sell 4166.0 shares. Meanwhile, Director Friedman David A sold 4166.0 shares on Jul 01 ’24.

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