Levi Strauss & Co. (NYSE:LEVI) Issues Quarterly Earnings Results

Levi Strauss & Co. (NYSE:LEVI - Get Free Report) announced its quarterly earnings results on Wednesday. The blue-jean maker reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.02, Zacks reports. Levi Strauss & Co. had a return on equity of 24.43% and a net margin of 2.52%. Levi Strauss & Co. updated its FY 2025 guidance to 1.200-1.250 EPS.

Levi Strauss & Co. Price Performance

Levi Strauss & Co. stock traded down $0.25 during midday trading on Wednesday, reaching $18.11. The company had a trading volume of 3,278,025 shares, compared to its average volume of 1,767,812. The company has a market capitalization of $7.18 billion, a P/E ratio of 47.65, a P/E/G ratio of 0.97 and a beta of 1.16. Levi Strauss & Co. has a 12-month low of $15.62 and a 12-month high of $24.34. The firm's fifty day simple moving average is $17.41 and its 200-day simple moving average is $18.17. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.41 and a quick ratio of 0.76.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on LEVI shares. Citigroup cut their price target on Levi Strauss & Co. from $21.00 to $19.00 and set a "neutral" rating on the stock in a research report on Friday, January 17th. Morgan Stanley dropped their target price on Levi Strauss & Co. from $19.00 to $18.00 and set an "equal weight" rating on the stock in a research report on Tuesday, January 21st. Stifel Nicolaus dropped their target price on Levi Strauss & Co. from $28.00 to $25.00 and set a "buy" rating on the stock in a research report on Thursday, October 3rd. Guggenheim restated a "buy" rating and set a $23.00 target price on shares of Levi Strauss & Co. in a research report on Friday, January 24th. Finally, JPMorgan Chase & Co. dropped their target price on Levi Strauss & Co. from $21.00 to $19.00 and set a "neutral" rating on the stock in a research report on Friday, January 24th. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Levi Strauss & Co. presently has a consensus rating of "Moderate Buy" and an average target price of $22.18.

Insider Activity at Levi Strauss & Co.

In other news, Director David A. Friedman sold 8,332 shares of the business'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 transaction, the director now directly owns 108,344 shares in the company, valued at $1,950,192. The trade was a 7.14 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.14% of the stock is currently owned by corporate insiders.

About Levi Strauss & Co.

Levi Strauss & Co engages in the design, marketing, and sale of apparel products. The company offers jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories. It operates through the following geographical segments: Americas, Europe, and Asia. The company was founded by Levi Strauss in 1853 and is headquartered in San Francisco, CA.

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