Levi Strauss & Co. (NYSE:LEVI) Receives Consensus Rating of “Moderate Buy” from Analysts

Levi Strauss & Co. (NYSE:LEVI) has earned a consensus recommendation of “Moderate Buy” from the sixteen brokerages that are presently covering the company, MarketBeat reports. Four analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $27.4286.

Several research firms recently issued reports on LEVI. Raymond James Financial increased their target price on shares of Levi Strauss & Co. from $25.00 to $27.00 and gave the stock an “outperform” rating in a report on Thursday, July 2nd. JPMorgan Chase & Co. lifted their price target on shares of Levi Strauss & Co. from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. TD Cowen reiterated a “buy” rating and issued a $28.00 price target on shares of Levi Strauss & Co. in a research report on Wednesday, May 27th. Wells Fargo & Company reissued an “equal weight” rating and issued a $25.00 price objective on shares of Levi Strauss & Co. in a research note on Tuesday, July 28th. Finally, Telsey Advisory Group raised their price objective on shares of Levi Strauss & Co. from $27.00 to $30.00 and gave the company an “outperform” rating in a research report on Thursday, July 2nd.

Insiders Place Their Bets

In other news, major shareholder Robert D. Haas sold 488,851 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $24.11, for a total value of $11,786,197.61. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Harmit J. Singh sold 98,144 shares of the company’s stock in a transaction dated Thursday, July 23rd. The stock was 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 of the company’s stock, valued at approximately $2,391,652.34. This trade represents a 49.85% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 1,296,009 shares of company stock worth $30,227,170. 1.08% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Fund 1 Investments LLC bought a new position in Levi Strauss & Co. in the 2nd quarter worth approximately $3,318,000. Jupiter Topco LLC purchased a new stake in Levi Strauss & Co. during the 2nd quarter valued at approximately $1,052,000. PDT Partners LLC raised its position in shares of Levi Strauss & Co. by 45.2% during the second quarter. PDT Partners LLC now owns 358,247 shares of the blue-jean maker’s stock valued at $8,895,000 after buying an additional 111,493 shares during the last quarter. Legal & General Group Plc raised its position in shares of Levi Strauss & Co. by 2.4% during the second quarter. Legal & General Group Plc now owns 63,716 shares of the blue-jean maker’s stock valued at $1,582,000 after buying an additional 1,520 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in shares of Levi Strauss & Co. by 0.5% in the second quarter. The Manufacturers Life Insurance Company now owns 1,644,561 shares of the blue-jean maker’s stock worth $40,834,000 after buying an additional 7,827 shares in the last quarter. 69.14% of the stock is owned by hedge funds and other institutional investors.

Levi Strauss & Co. Stock Performance

Shares of LEVI opened at $22.60 on Tuesday. The company has a quick ratio of 0.98, a current ratio of 1.60 and a debt-to-equity ratio of 0.46. The business has a 50-day simple moving average of $24.09 and a two-hundred day simple moving average of $22.15. The stock has a market cap of $8.70 billion, a price-to-earnings ratio of 13.95, a PEG ratio of 1.49 and a beta of 1.33. 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 EPS for the quarter, topping the consensus estimate of $0.24 by $0.04. Levi Strauss & Co. had a return on equity of 25.79% and a net margin of 9.66%.The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter last year, the company earned $0.22 earnings per share. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. On average, analysts expect that Levi Strauss & Co. will post 1.54 EPS for the current year.

Levi Strauss & Co. Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd were issued a $0.16 dividend. The ex-dividend date of this dividend was Wednesday, July 22nd. This represents a $0.64 annualized dividend and a yield of 2.8%. This is an increase from Levi Strauss & Co.’s previous quarterly dividend of $0.14. Levi Strauss & Co.’s payout ratio is currently 39.51%.

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.