Levi Strauss & Co. (NYSE:LEVI) Earns Buy Rating from BTIG Research

Levi Strauss & Co. (NYSE:LEVI)‘s stock had its “buy” rating reaffirmed by research analysts at BTIG Research in a note issued to investors on Wednesday,Benzinga reports. They presently have a $27.00 price objective on the blue-jean maker’s stock. BTIG Research’s target price suggests a potential upside of 42.25% from the company’s previous close.

A number of other brokerages have also recently commented on LEVI. Telsey Advisory Group reaffirmed an “outperform” rating and set a $27.00 price target on shares of Levi Strauss & Co. in a research report on Wednesday. Raymond James Financial began coverage on Levi Strauss & Co. in a research note on Tuesday, December 23rd. They issued an “outperform” rating and a $26.00 price objective on the stock. Wall Street Zen downgraded shares of Levi Strauss & Co. from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Jefferies Financial Group assumed coverage on shares of 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 raised shares of Levi Strauss & Co. from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, February 24th. Twelve analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $26.69.

Levi Strauss & Co. Trading Up 2.7%

NYSE LEVI opened at $18.98 on Wednesday. The business’s fifty day moving average is $20.23 and its 200-day moving average is $21.19. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.55 and a quick ratio of 0.94. The stock has a market capitalization of $7.41 billion, a price-to-earnings ratio of 13.00, a PEG ratio of 1.47 and a beta of 1.28. Levi Strauss & Co. has a one year low of $12.17 and a one year high of $24.82.

Levi Strauss & Co. (NYSE:LEVI) last posted its quarterly earnings results on Wednesday, January 28th. The blue-jean maker reported $0.41 EPS for the quarter, topping 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 quarter in the previous year, the firm posted $0.50 EPS. Levi Strauss & Co.’s revenue was up .9% on a year-over-year basis. Levi Strauss & Co. has set its FY 2026 guidance at 1.400-1.460 EPS. Equities research analysts predict that Levi Strauss & Co. will post 1.27 EPS for the current year.

Insider Buying and Selling at Levi Strauss & Co.

In other Levi Strauss & Co. news, SVP David Jedrzejek sold 2,248 shares of the company’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $19.60, for a total transaction of $44,060.80. Following the completion of the sale, the senior vice president directly owned 106,818 shares in the company, valued at $2,093,632.80. This represents a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Jason Gowans sold 40,000 shares of Levi Strauss & Co. stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $21.83, for a total value of $873,200.00. Following the completion of the transaction, the executive vice president owned 92,199 shares in the company, valued at approximately $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. Insiders sold 49,341 shares of company stock valued at $1,068,909 over the last three months. 1.08% of the stock is currently owned by insiders.

Institutional Trading of Levi Strauss & Co.

A number of institutional investors have recently made changes to their positions in the stock. US Bancorp DE grew its holdings in shares of Levi Strauss & Co. by 260.5% in the third quarter. US Bancorp DE now owns 1,121 shares of the blue-jean maker’s stock worth $26,000 after purchasing an additional 810 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new stake in Levi Strauss & Co. during the 4th quarter valued at $26,000. Northwestern Mutual Wealth Management Co. raised its holdings in Levi Strauss & Co. by 140.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,425 shares of the blue-jean maker’s stock valued at $26,000 after buying an additional 833 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in Levi Strauss & Co. during the 4th quarter valued at $39,000. Finally, Hara Capital LLC boosted its position in Levi Strauss & Co. by 8,080.0% during the 2nd quarter. Hara Capital LLC now owns 2,045 shares of the blue-jean maker’s stock valued at $38,000 after buying an additional 2,020 shares during the period. Hedge funds and other institutional investors own 69.14% of the company’s stock.

About Levi Strauss & Co.

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.