Levi Strauss & Co. (NYSE:LEVI) Posts Quarterly Earnings Results, Beats Estimates 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 (EPS) for the quarter, beating analysts’ consensus estimates 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. Stock Down 1.4 %

Shares of Levi Strauss & Co. stock traded down $0.25 on Wednesday, hitting $18.11. The company had a trading volume of 3,317,270 shares, compared to its average volume of 1,768,813. The stock has a market capitalization of $7.18 billion, a price-to-earnings ratio of 47.65, a P/E/G ratio of 0.97 and a beta of 1.16. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.76 and a current ratio of 1.41. Levi Strauss & Co. has a 1 year low of $15.62 and a 1 year high of $24.34. The stock has a 50 day moving average of $17.41 and a 200-day moving average of $18.17.

Insider Buying and Selling

In related news, Director David A. Friedman sold 4,166 shares of Levi Strauss & Co. stock in a transaction on Monday, January 6th. The stock was sold at an average price of $18.00, for a total transaction of $74,988.00. Following the sale, the director now directly owns 104,178 shares in the company, valued at approximately $1,875,204. This trade represents a 3.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.14% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have issued reports on LEVI. Stifel Nicolaus dropped their price target on Levi Strauss & Co. from $28.00 to $25.00 and set a “buy” rating on the stock in a research note on Thursday, October 3rd. Citigroup dropped their target price on shares of 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 restated 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 dropped their price objective on shares of Levi Strauss & Co. from $19.00 to $18.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 21st. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $26.00 target price on shares of Levi Strauss & Co. in a research note on Wednesday, January 22nd. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Levi Strauss & Co. currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.18.

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.