Levi Strauss & Co (NYSE: LEVI): Do Not Miss The Gain Train

Levi Strauss & Co (LEVI) concluded trading on Wednesday at a closing price of $18.09, with 3.23 million shares of worth about $58.46 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.20% during that period and on January 29, 2025 the price saw a loss of about -1.47%. Currently the company’s common shares owned by public are about 104.37M shares, out of which, 95.09M shares are available for trading.

Stock saw a price change of 2.67% in past 5 days and over the past one month there was a price change of 3.55%. Year-to-date (YTD), LEVI shares are showing a performance of 4.57% which increased to 13.42% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.62 but also hit the highest price of $24.34 during that period. The average intraday trading volume for Levi Strauss & Co shares is 1.76 million. The stock is currently trading 2.40% above its 20-day simple moving average (SMA20), while that difference is up 4.28% for SMA50 and it goes to -6.33% lower than SMA200.

Levi Strauss & Co (NYSE: LEVI) currently have 104.37M outstanding shares and institutions hold larger chunk of about 21.43% of that.

The stock has a current market capitalization of $7.18B and its 3Y-monthly beta is at 1.16. PE ratio of stock for trailing 12 months is 46.95, while it has posted earnings per share of $0.39 in the same period. Its PEG reads 4.03 and has Quick Ratio of 0.76 while making debt-to-equity ratio of 1.20. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LEVI, volatility over the week remained 3.32% while standing at 2.73% over the month.

Stock’s fiscal year EPS is expected to rise by 9.54% while it is estimated to increase by 11.94% in next year. EPS is likely to grow at an annualized rate of 11.66% for next 5-years, compared to annual growth of -3.14% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on January 08, 2025 offering an Overweight rating for the stock and assigned a target price of $24 to it. Coverage by Telsey Advisory Group stated Levi Strauss & Co (LEVI) stock as an Outperform in their note to investors on June 21, 2024, suggesting a price target of $26 for the stock. On June 14, 2024, OTR Global Initiated their recommendations, while on April 04, 2024, Telsey Advisory Group Reiterated their ratings for the stock with a price target of $24. Stock get an Outperform rating from Telsey Advisory Group on March 27, 2024.

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