Levi Strauss & Co. (NYSE:LEVI) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Levi Strauss & Co. (NYSE:LEVIGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the fifteen ratings firms that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $26.6923.

Several research analysts recently issued reports on the stock. Weiss Ratings lowered shares of Levi Strauss & Co. from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, February 9th. BTIG Research reiterated a “buy” rating and issued a $27.00 price objective on shares of Levi Strauss & Co. in a report on Thursday, January 29th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $27.00 target price on shares of Levi Strauss & Co. in a research note on Wednesday, January 21st. Needham & Company LLC reiterated a “buy” rating and issued a $28.00 price target on shares of Levi Strauss & Co. in a research note on Thursday, January 29th. Finally, UBS Group lifted their target price on shares of Levi Strauss & Co. from $32.00 to $33.00 and gave the stock a “buy” rating in a report on Monday, January 12th.

Get Our Latest Research Report on LEVI

Insider Activity

In other Levi Strauss & Co. news, SVP David Jedrzejek sold 7,093 shares of the stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $21.38, for a total value of $151,648.34. Following the transaction, the senior vice president directly owned 98,193 shares in the company, valued at approximately $2,099,366.34. This trade represents a 6.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Jason Gowans sold 40,000 shares of the company’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $21.83, for a total value of $873,200.00. Following the completion of the sale, the executive vice president owned 92,199 shares of the company’s stock, valued at approximately $2,012,704.17. The trade was a 30.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 49,341 shares of company stock worth $1,068,909 over the last three months. Insiders own 1.25% of the company’s stock.

Institutional Trading of Levi Strauss & Co.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in Levi Strauss & Co. by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 9,320,747 shares of the blue-jean maker’s stock valued at $193,312,000 after purchasing an additional 342,009 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Levi Strauss & Co. by 44.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 4,243,680 shares of the blue-jean maker’s stock valued at $88,014,000 after purchasing an additional 1,296,474 shares during the period. Balyasny Asset Management L.P. increased its holdings in Levi Strauss & Co. by 9.3% in the 3rd quarter. Balyasny Asset Management L.P. now owns 3,457,702 shares of the blue-jean maker’s stock worth $80,564,000 after buying an additional 294,053 shares during the period. GW&K Investment Management LLC grew its position in Levi Strauss & Co. by 31.5% during the 4th quarter. GW&K Investment Management LLC now owns 2,219,599 shares of the blue-jean maker’s stock worth $46,034,000 after purchasing an additional 531,963 shares during the period. Finally, Ameriprise Financial Inc. raised its position in Levi Strauss & Co. by 83.4% during the second quarter. Ameriprise Financial Inc. now owns 1,958,271 shares of the blue-jean maker’s stock valued at $36,208,000 after acquiring an additional 890,752 shares in the last quarter. 69.14% of the stock is currently owned by institutional investors.

Levi Strauss & Co. Stock Performance

NYSE LEVI opened at $21.92 on Tuesday. The firm has a market cap of $8.56 billion, a P/E ratio of 15.02, a price-to-earnings-growth ratio of 1.74 and a beta of 1.33. The company has a quick ratio of 0.94, a current ratio of 1.55 and a debt-to-equity ratio of 0.46. The company’s 50 day moving average is $21.26 and its 200-day moving average is $21.52. Levi Strauss & Co. has a 12-month low of $12.17 and a 12-month high of $24.82.

Levi Strauss & Co. (NYSE:LEVIGet Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The blue-jean maker reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. Levi Strauss & Co. had a return on equity of 25.08% and a net margin of 9.20%.The company had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same period in the previous year, the business earned $0.50 earnings per share. The firm’s quarterly revenue was up .9% compared to the same quarter last year. Levi Strauss & Co. has set its FY 2026 guidance at 1.400-1.460 EPS. Sell-side analysts predict that Levi Strauss & Co. will post 1.27 earnings per share for the current year.

Levi Strauss & Co. Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 25th. Shareholders of record on Tuesday, February 10th will be paid a dividend of $0.14 per share. The ex-dividend date is Tuesday, February 10th. This represents a $0.56 dividend on an annualized basis and a yield of 2.6%. Levi Strauss & Co.’s payout ratio is currently 38.36%.

Levi Strauss & Co. Company Profile

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Levi Strauss & Co is a global apparel company best known for its denim jeans and casual wear. Founded in 1853 in San Francisco by Bavarian immigrant Levi Strauss, the company pioneered the modern blue jean with the introduction of rivet-reinforced work pants. Over its more than 160-year history, Levi Strauss has evolved into a lifestyle brand, offering a broad portfolio that includes denim for men, women and children, as well as tops, outerwear, footwear and accessories.

The company’s flagship label, Levi’s®, is recognized worldwide for its iconic styles such as the 501® Original Fit Jeans, while additional brands, including Dockers®, Target core metric, and Denizen® by Levi’s, cater to diverse price points and consumer segments.

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Analyst Recommendations for Levi Strauss & Co. (NYSE:LEVI)

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