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

Levi Strauss & Co. (NYSE:LEVI) is projected to announce its earnings results after the market closes on Monday, April 7th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $1.54 billion for the quarter. Levi Strauss & Co. has set its FY 2025 guidance at 1.200-1.250 EPS.Investors that wish to register for the company’s conference call can do so using this link.

Levi Strauss & Co. (NYSE:LEVI) last posted its quarterly earnings data on Wednesday, January 29th. The blue-jean maker reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.02. Levi Strauss & Co. had a net margin of 3.32% and a return on equity of 25.88%. On average, analysts expect Levi Strauss & Co. to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Levi Strauss & Co. Stock Down 3.1 %

LEVI stock opened at $13.99 on Friday. Levi Strauss & Co. has a twelve month low of $13.51 and a twelve month high of $24.34. The company has a quick ratio of 0.80, a current ratio of 1.42 and a debt-to-equity ratio of 0.50. The company has a market cap of $5.54 billion, a PE ratio of 26.90, a price-to-earnings-growth ratio of 1.92 and a beta of 1.07. The business’s 50-day simple moving average is $17.20 and its 200 day simple moving average is $17.71.

Levi Strauss & Co. Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Wednesday, February 12th were given a $0.13 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.52 annualized dividend and a yield of 3.72%. Levi Strauss & Co.’s dividend payout ratio (DPR) is currently 100.00%.

Analyst Upgrades and Downgrades

LEVI has been the topic of several recent research reports. Telsey Advisory Group reiterated an “outperform” rating and set a $23.00 target price on shares of Levi Strauss & Co. in a research report on Wednesday. Morgan Stanley decreased their price target on Levi Strauss & Co. from $18.00 to $17.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 30th. Wells Fargo & Company dropped their price objective on Levi Strauss & Co. from $20.00 to $17.00 and set an “equal weight” rating for the company in a research note on Thursday, January 30th. Citigroup reduced their target price on shares of Levi Strauss & Co. from $21.00 to $19.00 and set a “neutral” rating on the stock in a research note on Friday, January 17th. Finally, Guggenheim increased their target price on shares of Levi Strauss & Co. from $20.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $21.27.

Insiders Place Their Bets

In other news, Director David A. Friedman sold 4,166 shares of the stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $18.00, for a total transaction of $74,988.00. Following the sale, the director now directly owns 104,178 shares of the company’s stock, valued at $1,875,204. This represents a 3.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.25% of the company’s stock.

Levi Strauss & Co. Company Profile

Levi Strauss & Co engages in the design, marketing, and sale of apparel products. The company offers jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories. It operates through the following geographical segments: Americas, Europe, and Asia. The company was founded by Levi Strauss in 1853 and is headquartered in San Francisco, CA.