Levi Strauss & Co. (LEVI) to Release Earnings on Thursday

Levi Strauss & Co. (NYSE:LEVI - Get Free Report) is expected to post its quarterly earnings results before the market opens on Thursday, January 23rd. Analysts expect Levi Strauss & Co. to post earnings of $0.48 per share and revenue of $1,728,391.56 billion for the quarter. Investors interested in participating in the company's conference call can do so using this link.

Levi Strauss & Co. Trading Down 0.8 %

Shares of NYSE LEVI traded down $0.15 during midday trading on Thursday, hitting $17.57. The stock had a trading volume of 1,908,028 shares, compared to its average volume of 1,478,443. The company has a quick ratio of 0.76, a current ratio of 1.41 and a debt-to-equity ratio of 0.54. Levi Strauss & Co. has a 1-year low of $15.08 and a 1-year high of $24.34. The company has a market capitalization of $6.97 billion, a price-to-earnings ratio of 46.24, a PEG ratio of 0.97 and a beta of 1.16. The company has a fifty day moving average price of $17.24 and a 200 day moving average price of $18.25.

Insiders Place Their Bets

In other news, Director David A. Friedman sold 8,332 shares of the company's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $18.00, for a total transaction of $149,976.00. Following the completion of the transaction, the director now directly owns 108,344 shares of the company's stock, valued at approximately $1,950,192. This represents a 7.14 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.14% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on LEVI. Telsey Advisory Group reaffirmed an "outperform" rating and set a $26.00 target price on shares of Levi Strauss & Co. in a research report on Wednesday, October 16th. TD Cowen reduced their target price on Levi Strauss & Co. from $25.00 to $23.00 and set a "buy" rating for the company in a research note on Thursday, October 3rd. JPMorgan Chase & Co. lifted their price target on shares of Levi Strauss & Co. from $20.00 to $21.00 and gave the stock a "neutral" rating in a research note on Thursday, October 3rd. Barclays started coverage on shares of Levi Strauss & Co. in a report on Wednesday, January 8th. They issued an "overweight" rating and a $24.00 price target on the stock. Finally, Stifel Nicolaus decreased their price objective on shares of Levi Strauss & Co. from $28.00 to $25.00 and set a "buy" rating for the company in a report on Thursday, October 3rd. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $22.89.

About Levi Strauss & Co.

Levi Strauss & Co designs, markets, and sells apparels and related accessories for men, women, and children worldwide. The company offers jeans, casual and dress pants, activewears, tops, shorts, skirts, dresses, jumpsuits, shirts, sweaters, jackets, footwear, and related accessories under the Levi's, Dockers, Signature by Levi Strauss & Co, Denizen, and Beyond Yoga brands.