Levi Strauss & Co. (NYSE:LEVI) Stock Rating Reaffirmed as Buy by BTIG Research

Levi Strauss & Co. (NYSE:LEVI)‘s stock had its “buy” rating reaffirmed by BTIG Research in a note issued to investors on Wednesday, Benzinga reports. They presently have a $27.00 price target on the blue-jean maker’s stock. BTIG Research’s price target points to a potential upside of 35.57% from the stock’s previous close.

Several other brokerages also recently weighed in on LEVI. Barclays upped their target price on shares of Levi Strauss & Co. from $26.00 to $27.00 and gave the stock an “overweight” rating in a report on Friday, July 10th. JPMorgan Chase & Co. boosted their price objective on Levi Strauss & Co. from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Raymond James Financial upped their price objective on Levi Strauss & Co. from $25.00 to $27.00 and gave the stock an “outperform” rating in a research note on Thursday, July 2nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Levi Strauss & Co. in a research report on Monday, August 3rd. Finally, Needham & Company LLC reissued a “buy” rating and set a $28.00 target price on shares of Levi Strauss & Co. in a research note on Thursday, July 9th. Eleven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $27.23.

Levi Strauss & Co. Stock Performance

LEVI traded up $0.22 during mid-day trading on Wednesday, reaching $19.92. 3,457,019 shares of the company traded hands, compared to its average volume of 2,627,589. The company’s fifty day moving average price is $21.78 and its 200-day moving average price is $22.08. The stock has a market capitalization of $7.66 billion, a P/E ratio of 12.29, a P/E/G ratio of 1.30 and a beta of 1.32. The company has a quick ratio of 0.98, a current ratio of 1.60 and a debt-to-equity ratio of 0.46. Levi Strauss & Co. has a 52-week low of $17.72 and a 52-week high of $25.70.

Levi Strauss & Co. (NYSE:LEVI) last posted its quarterly earnings data on Wednesday, July 8th. The blue-jean maker reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.04. The company had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. Levi Strauss & Co. had a net margin of 9.66% and a return on equity of 25.79%. The firm’s revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.22 earnings per share. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. On average, sell-side analysts expect that Levi Strauss & Co. will post 1.54 EPS for the current year.

Insider Activity at Levi Strauss & Co.

In other Levi Strauss & Co. news, EVP Harmit Singh sold 98,144 shares of the business’s stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $24.22, for a total value of $2,377,047.68. Following the completion of the transaction, the executive vice president directly owned 98,747 shares in the company, valued at approximately $2,391,652.34. The trade was a 49.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.08% of the company’s stock.

Institutional Trading of Levi Strauss & Co.

Large investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp lifted its position in shares of Levi Strauss & Co. by 462.4% during the 1st quarter. Bank of New York Mellon Corp now owns 4,839,861 shares of the blue-jean maker’s stock valued at $89,489,000 after buying an additional 3,979,223 shares in the last quarter. Eastern Bank purchased a new stake in Levi Strauss & Co. in the 2nd quarter worth $60,854,000. Swedbank AB acquired a new position in Levi Strauss & Co. during the first quarter worth $24,799,000. Goldman Sachs Group Inc. raised its position in Levi Strauss & Co. by 44.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 4,243,680 shares of the blue-jean maker’s stock worth $88,014,000 after acquiring an additional 1,296,474 shares during the period. Finally, GW&K Investment Management LLC lifted its holdings in Levi Strauss & Co. by 31.5% during the fourth quarter. GW&K Investment Management LLC now owns 2,219,599 shares of the blue-jean maker’s stock valued at $46,034,000 after purchasing an additional 531,963 shares in the last quarter. Hedge funds and other institutional investors own 69.14% of the company’s stock.

Key Stories Impacting Levi Strauss & Co.

Here are the key news stories impacting Levi Strauss & Co. this week:

• Positive Sentiment: New CFO brings relevant retail experience. Levi Strauss appointed John Vandemore, previously Skechers’ CFO, as executive vice president and CFO effective November 1. Management said the hire comes as it expands its direct-to-consumer business and seeks to unlock further growth from the Levi’s brand. Needham reportedly praised the selection, which could support confidence in the company’s financial and strategic execution. Levi Strauss names John Vandemore as chief financial officer
• Positive Sentiment: Healthy denim demand may support third-quarter results. Jefferies expects a solid quarter and said Levi Strauss’ full-year profit guidance could move modestly higher. The company’s latest reported quarter also showed revenue growth and an earnings beat, providing a constructive backdrop ahead of the report. Levi’s set for solid third quarter on healthy denim demand, Jefferies says
• Neutral Sentiment: Revenue expectations remain largely unchanged. Jefferies expects the revenue outlook to be reiterated, suggesting steady demand but limited near-term upside because persistent inflation continues to pressure consumers and retailers. Jefferies earnings outlook
• Negative Sentiment: Analysts are trimming targets before earnings. Citigroup lowered its price target from $25 to $22 and kept a neutral rating. Other reports describe broader target reductions, reflecting caution about inflation, the consumer environment and execution risk as Levi Strauss adjusts its strategy. BTIG remains bullish with a $27 target, but the mixed views add volatility ahead of results. Analysts lower Levi Strauss price targets

Levi Strauss & Co. Company Profile

Levi Strauss & Co is an apparel company best known for its Levi’s brand of denim jeans and related clothing. Its product portfolio includes jeans, tops, bottoms, jackets, footwear, accessories and other casualwear for men, women and children.

Founded in 1853 and headquartered in San Francisco, California, the company also owns the Dockers, Beyond Yoga and Signature by Levi Strauss & Co brands. Levi Strauss & Co sells its products through company-operated stores, e-commerce platforms, wholesale partners and other distribution channels.

The company serves customers in North America, Europe, Asia and other international markets.