Levi Strauss & Co. (NYSE:LEVI) Receives $26.69 Consensus Target Price from Analysts

Levi Strauss & Co. (NYSE:LEVI) has received a consensus rating of “Moderate Buy” from the fifteen analysts that are currently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $26.6923.

A number of research firms have recently commented on LEVI. BTIG Research restated a “buy” rating and set a $27.00 price target on shares of Levi Strauss & Co. in a research report on Thursday, January 29th. UBS Group increased their price target on shares of Levi Strauss & Co. from $32.00 to $33.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Raymond James Financial began coverage on Levi Strauss & Co. in a research note on Tuesday, December 23rd. They set an “outperform” rating and a $26.00 price target for the company. Jefferies Financial Group initiated coverage on Levi Strauss & Co. in a research note on Wednesday, February 4th. They issued a “buy” rating and a $25.00 target price for the company. Finally, Weiss Ratings downgraded shares of Levi Strauss & Co. from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, February 9th.

Insider Activity

In other Levi Strauss & Co. news, SVP David Jedrzejek sold 7,093 shares of the stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $21.38, for a total value of $151,648.34. Following the completion of the sale, the senior vice president owned 98,193 shares in the company, valued at approximately $2,099,366.34. This trade represents a 6.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Jason Gowans sold 40,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $21.83, for a total transaction of $873,200.00. Following the transaction, the executive vice president directly owned 92,199 shares of the company’s stock, valued at $2,012,704.17. This represents a 30.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 49,341 shares of company stock valued at $1,068,909. Insiders own 1.25% of the company’s stock.

Hedge Funds Weigh In On Levi Strauss & Co.

A number of institutional investors and hedge funds have recently modified their holdings of the company. Wells Fargo & Company MN increased its holdings in Levi Strauss & Co. by 0.4% in the 4th quarter. Wells Fargo & Company MN now owns 132,304 shares of the blue-jean maker’s stock worth $2,744,000 after buying an additional 465 shares during the period. Figure 8 Investment Strategies LLC raised its holdings in shares of Levi Strauss & Co. by 1.2% during the fourth quarter. Figure 8 Investment Strategies LLC now owns 50,939 shares of the blue-jean maker’s stock valued at $1,056,000 after acquiring an additional 583 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in Levi Strauss & Co. by 10.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 6,553 shares of the blue-jean maker’s stock valued at $151,000 after purchasing an additional 614 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Levi Strauss & Co. by 2.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 26,732 shares of the blue-jean maker’s stock valued at $575,000 after acquiring an additional 638 shares in the last quarter. Finally, US Bancorp DE lifted its position in Levi Strauss & Co. by 260.5% during the third quarter. US Bancorp DE now owns 1,121 shares of the blue-jean maker’s stock worth $26,000 after buying an additional 810 shares in the last quarter. 69.14% of the stock is currently owned by hedge funds and other institutional investors.

Levi Strauss & Co. Price Performance

Shares of NYSE:LEVI opened at $22.20 on Tuesday. The firm has a market capitalization of $8.67 billion, a PE ratio of 15.20, a P/E/G ratio of 1.77 and a beta of 1.33. The company has a quick ratio of 0.94, a current ratio of 1.55 and a debt-to-equity ratio of 0.46. The company has a 50-day moving average price of $21.29 and a two-hundred day moving average price of $21.55. Levi Strauss & Co. has a twelve month low of $12.17 and a twelve month high of $24.82.

Levi Strauss & Co. (NYSE:LEVI) last announced its quarterly earnings results on Wednesday, January 28th. The blue-jean maker reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Levi Strauss & Co. had a net margin of 9.20% and a return on equity of 25.08%. The company had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same period in the prior year, the company posted $0.50 EPS. Levi Strauss & Co.’s revenue was up .9% compared to the same quarter last year. Levi Strauss & Co. has set its FY 2026 guidance at 1.400-1.460 EPS. Equities analysts forecast that Levi Strauss & Co. will post 1.27 EPS for the current year.

Levi Strauss & Co. Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 25th. Shareholders of record on Tuesday, February 10th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, February 10th. Levi Strauss & Co.’s dividend payout ratio (DPR) is 38.36%.

Levi Strauss & Co. Company Profile

Levi Strauss & Co is a global apparel company best known for its denim jeans and casual wear. Founded in 1853 in San Francisco by Bavarian immigrant Levi Strauss, the company pioneered the modern blue jean with the introduction of rivet-reinforced work pants. Over its more than 160-year history, Levi Strauss has evolved into a lifestyle brand, offering a broad portfolio that includes denim for men, women and children, as well as tops, outerwear, footwear and accessories.

The company’s flagship label, Levi’s®, is recognized worldwide for its iconic styles such as the 501® Original Fit Jeans, while additional brands, including Dockers®, Target core metric, and Denizen® by Levi’s, cater to diverse price points and consumer segments.