Levi Strauss & Co. (LEVI) to Release Earnings on Thursday

Levi Strauss & Co. (NYSE:LEVI) is projected to release its earnings data before the market opens on Thursday, January 23rd. Analysts expect Levi Strauss & Co. to post earnings of $0.48 per share and revenue of $1,728,391.56 billion for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Levi Strauss & Co. Stock Performance

Levi Strauss & Co. stock opened at $17.59 on Wednesday. Levi Strauss & Co. has a twelve month low of $15.16 and a twelve month high of $24.34. The company has a quick ratio of 0.76, a current ratio of 1.41 and a debt-to-equity ratio of 0.54. The firm has a fifty day simple moving average of $17.27 and a two-hundred day simple moving average of $18.20. The company has a market capitalization of $6.98 billion, a PE ratio of 46.29, a P/E/G ratio of 0.96 and a beta of 1.16.

Insider Buying and Selling

In other news, Director David A. Friedman sold 4,166 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $18.00, for a total value of $74,988.00. Following the transaction, the director now owns 104,178 shares of the company’s stock, valued at approximately $1,875,204. The trade was a 3.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 3.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on LEVI shares. Citigroup lowered their target price on Levi Strauss & Co. from $21.00 to $19.00 and set a “neutral” rating for the company in a research note on Friday, January 17th. Barclays started coverage on Levi Strauss & Co. in a report on Wednesday, January 8th. They issued an “overweight” rating and a $24.00 price objective for the company. JPMorgan Chase & Co. increased their price target on Levi Strauss & Co. from $20.00 to $21.00 and gave the company a “neutral” rating in a report on Thursday, October 3rd. Morgan Stanley cut their target price on shares of Levi Strauss & Co. from $19.00 to $18.00 and set an “equal weight” rating for the company in a research report on Tuesday. Finally, TD Cowen lowered their price target on Levi Strauss & Co. from $25.00 to $23.00 and set a “buy” rating on the stock in a report on Thursday, October 3rd. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $22.30.

Levi Strauss & Co. Company Profile

Levi Strauss & Co designs, markets, and sells apparels and related accessories for men, women, and children worldwide. The company offers jeans, casual and dress pants, activewears, tops, shorts, skirts, dresses, jumpsuits, shirts, sweaters, jackets, footwear, and related accessories under the Levi's, Dockers, Signature by Levi Strauss & Co, Denizen, and Beyond Yoga brands.