Levi Strauss & Co. (NYSE:LEVI - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.200-1.250 for the period, compared to the consensus earnings per share estimate of 1.370. The company issued revenue guidance of $6.2 billion-$6.3 billion, compared to the consensus revenue estimate of $6.5 billion.
Levi Strauss & Co. Stock Down 1.4 %
Shares of NYSE LEVI traded down $0.25 during mid-day trading on Wednesday, hitting $18.11. The company had a trading volume of 3,131,804 shares, compared to its average volume of 1,739,525. The company has a market capitalization of $7.18 billion, a PE ratio of 47.65, a price-to-earnings-growth ratio of 0.97 and a beta of 1.16. The business's 50-day simple moving average is $17.41 and its 200 day simple moving average is $18.17. Levi Strauss & Co. has a 1-year low of $15.62 and a 1-year high of $24.34. 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 research analysts have recently issued reports on the stock. Morgan Stanley lowered their target price on shares of Levi Strauss & Co. from $19.00 to $18.00 and set an "equal weight" rating for the company in a report on Tuesday, January 21st. Stifel Nicolaus dropped their price objective on Levi Strauss & Co. from $28.00 to $25.00 and set a "buy" rating on the stock in a report on Thursday, October 3rd. Citigroup cut 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 17th. Guggenheim reissued a "buy" rating and issued a $23.00 target price on shares of Levi Strauss & Co. in a research report on Friday, January 24th. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and set a $26.00 price target on shares of Levi Strauss & Co. in a research report on Wednesday, January 22nd. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $22.18.
Read Our Latest Research Report on Levi Strauss & Co.
Insider Buying and Selling
In other news, Director David A. Friedman sold 8,332 shares of the firm's stock in a transaction 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 sale, the director now owns 108,344 shares in the company, valued at $1,950,192. This trade 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 is available through this link. 3.14% of the stock is currently owned by company insiders.
About Levi Strauss & Co.
(
Get Free Report)
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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