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

Levi Strauss & Co. (NYSE:LEVI) released its quarterly earnings results on Wednesday. The blue-jean maker reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.02, Zacks reports. Levi Strauss & Co. had a net margin of 2.52% and a return on equity of 24.43%. Levi Strauss & Co. updated its FY 2025 guidance to 1.200-1.250 EPS.

Levi Strauss & Co. Stock Performance

Shares of Levi Strauss & Co. stock opened at $18.11 on Thursday. Levi Strauss & Co. has a 1 year low of $15.62 and a 1 year high of $24.34. The firm’s 50-day moving average is $17.46 and its 200 day moving average is $18.17. The stock has a market cap of $7.18 billion, a price-to-earnings ratio of 47.65, a PEG ratio of 0.97 and a beta of 1.16. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.41 and a quick ratio of 0.76.

Insider Buying and Selling at Levi Strauss & Co.

In other Levi Strauss & Co. news, Director David A. Friedman sold 8,332 shares of the 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 directly owns 108,344 shares in the company, valued at approximately $1,950,192. This trade represents a 7.14 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 3.14% of the stock is owned by company insiders.

Analyst Ratings Changes

LEVI has been the topic of several research analyst reports. JPMorgan Chase & Co. reduced their price target 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 24th. Citigroup cut their price objective 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. Telsey Advisory Group decreased their target price on Levi Strauss & Co. from $26.00 to $23.00 and set an “outperform” rating for the company in a research report on Thursday. 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 report on Thursday, October 3rd. Finally, Barclays reduced their price target on Levi Strauss & Co. from $24.00 to $22.00 and set an “overweight” rating on the stock in a research note on Thursday. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, Levi Strauss & Co. has an average rating of “Moderate Buy” and an average price target of $21.36.

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.