At the time of writing, Levi Strauss & Co [LEVI] stock is trading at $18.18, up 4.12%. An important factor to consider is whether the stock is rising or falling in short-term value. The LEVI shares have gain 11.40% over the last week, with a monthly amount glided 6.38%, 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 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.
For the past year, the stock price of Levi Strauss & Co fluctuated between $14.70 and $24.34. Currently, Wall Street analysts expect the stock to reach $22.63 within the next 12 months. Levi Strauss & Co [NYSE: LEVI] shares were valued at $18.18 at the most recent close of the market. An investor can expect a potential return of 24.48% based on the average LEVI price forecast.
Analyzing the LEVI fundamentals
According to Levi Strauss & Co [NYSE:LEVI], the company’s sales were 6.16B for trailing twelve months, which represents an 0.43% jump. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.08 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 0.55.
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 17.68 points at the first support level, and at 17.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.53, and for the 2nd resistance point, it is at 18.88.
Ratios To Look Out For
It is important to note that Levi Strauss & Co [NYSE:LEVI] has a current ratio of 1.41. On the other hand, the Quick Ratio is 0.76, and the Cash Ratio is 0.3. Considering the valuation of this stock, the price to sales ratio is 1.21, the price to book ratio is 3.85 and price to earnings (TTM) ratio is 47.18.
Transactions by insiders
Recent insider trading involved Friedman David A, Director, that happened on Dec 02 ’24 when 20832.0 shares were purchased. ASSOCIATED TO AFFILIATE, Red Tab Foundation completed a deal on Oct 17 ’24 to buy 13334.0 shares. Meanwhile, Director Friedman David A bought 554.0 shares on Oct 09 ’24.