Levi Strauss & Co. (NYSE:LEVI) Issues Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Levi Strauss & Co. (NYSE:LEVI) announced its quarterly earnings data 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 stock traded down $0.25 during midday trading on Wednesday, reaching $18.11. The company had a trading volume of 3,317,270 shares, compared to its average volume of 1,768,813. The firm has a 50-day moving average price of $17.41 and a 200-day moving average price of $18.17. 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 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 firms have recently weighed in on LEVI. Telsey Advisory Group reiterated an “outperform” rating and issued a $26.00 target price on shares of Levi Strauss & Co. in a research note on Wednesday, January 22nd. Barclays assumed coverage on shares of Levi Strauss & Co. in a report on Wednesday, January 8th. They set an “overweight” rating and a $24.00 target price on the stock. Guggenheim reaffirmed a “buy” rating and issued a $23.00 price target on shares of Levi Strauss & Co. in a report on Friday, January 24th. Morgan Stanley decreased their price objective on Levi Strauss & Co. from $19.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 21st. Finally, Stifel Nicolaus cut their target price on Levi Strauss & Co. from $28.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday, October 3rd. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $22.18.

Insider Activity

In other Levi Strauss & Co. news, Director David A. Friedman sold 8,332 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were 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. This trade represents a 7.14 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 3.14% of the company’s stock.

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.