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

Shares of Levi Strauss & Co. (NYSE:LEVI) have received an average rating of “Moderate Buy” from the fifteen analysts that are covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $26.6923.

A number of analysts have recently weighed in on LEVI shares. UBS Group raised their price target on shares of Levi Strauss & Co. from $32.00 to $33.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Raymond James Financial assumed coverage on shares of Levi Strauss & Co. in a research report on Tuesday, December 23rd. They issued an “outperform” rating and a $26.00 target price for the company. Weiss Ratings lowered shares of Levi Strauss & Co. from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, February 9th. Wall Street Zen downgraded Levi Strauss & Co. from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Finally, Needham & Company LLC reissued a “buy” rating and issued a $28.00 price objective on shares of Levi Strauss & Co. in a report on Thursday, January 29th.

Insider Buying and Selling at Levi Strauss & Co.

In related news, EVP Jason Gowans sold 40,000 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was 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 in the company, valued at $2,012,704.17. This trade represents a 30.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP David Jedrzejek sold 7,093 shares of the business’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $21.38, for a total transaction of $151,648.34. Following the sale, the senior vice president owned 98,193 shares of the company’s stock, valued at approximately $2,099,366.34. The trade was a 6.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 49,341 shares of company stock worth $1,068,909 over the last 90 days. 1.25% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Levi Strauss & Co.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Balyasny Asset Management L.P. raised its position in shares of Levi Strauss & Co. by 123,970.4% during the 2nd quarter. Balyasny Asset Management L.P. now owns 3,163,649 shares of the blue-jean maker’s stock worth $58,496,000 after purchasing an additional 3,166,203 shares during the period. GW&K Investment Management LLC bought a new position in Levi Strauss & Co. during the 3rd quarter worth $39,322,000. Goldman Sachs Group Inc. increased its position in Levi Strauss & Co. by 44.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 4,243,680 shares of the blue-jean maker’s stock worth $88,014,000 after buying an additional 1,296,474 shares during the period. Oberweis Asset Management Inc. bought a new stake in Levi Strauss & Co. in the third quarter valued at $21,052,000. Finally, Ameriprise Financial Inc. lifted its stake in Levi Strauss & Co. by 83.4% in the second quarter. Ameriprise Financial Inc. now owns 1,958,271 shares of the blue-jean maker’s stock valued at $36,208,000 after buying an additional 890,752 shares during the last quarter. 69.14% of the stock is currently owned by institutional investors and hedge funds.

Levi Strauss & Co. Stock Up 2.8%

Shares of NYSE:LEVI opened at $22.87 on Tuesday. Levi Strauss & Co. has a 12-month low of $12.17 and a 12-month high of $24.82. The company has a current ratio of 1.55, a quick ratio of 0.94 and a debt-to-equity ratio of 0.46. The stock’s 50-day moving average price is $21.32 and its two-hundred day moving average price is $21.58. The firm has a market cap of $8.93 billion, a price-to-earnings ratio of 15.66, a PEG ratio of 1.82 and a beta of 1.33.

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

Levi Strauss & Co. Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 25th. Investors of record on Tuesday, February 10th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, February 10th. Levi Strauss & Co.’s dividend payout ratio is currently 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.