Levi Strauss & Co. (LEVI) Projected to Post Earnings on Wednesday

Levi Strauss & Co. (NYSE:LEVI) is expected to announce its earnings results after the market closes on Wednesday, April 2nd. 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.

Levi Strauss & Co. (NYSE:LEVI) last posted its quarterly earnings results on Wednesday, January 29th. The blue-jean maker reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.02. Levi Strauss & Co. had a return on equity of 25.88% and a net margin of 3.32%. 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. Trading Up 0.3 %

Shares of LEVI opened at $16.09 on Wednesday. Levi Strauss & Co. has a fifty-two week low of $15.45 and a fifty-two week high of $24.34. The business has a 50-day moving average of $17.52 and a 200 day moving average of $17.90. The firm has a market cap of $6.37 billion, a P/E ratio of 30.94, a price-to-earnings-growth ratio of 1.92 and a beta of 1.16. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.80 and a current ratio of 1.42.

Levi Strauss & Co. Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Wednesday, February 12th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.52 dividend on an annualized basis and a yield of 3.23%. Levi Strauss & Co.’s dividend payout ratio is presently 100.00%.

Insider Buying and Selling

In other news, Director David A. Friedman sold 4,166 shares of Levi Strauss & Co. stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $18.44, for a total transaction of $76,821.04. Following the completion of the sale, the director now directly owns 100,012 shares of the company’s stock, valued at approximately $1,844,221.28. The trade was a 4.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 3.14% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on LEVI shares. Telsey Advisory Group cut their price objective on shares of Levi Strauss & Co. from $26.00 to $23.00 and set an “outperform” rating for the company in a report on Thursday, January 30th. Citigroup cut their price target on Levi Strauss & Co. from $21.00 to $19.00 and set a “neutral” rating for the company in a report on Friday, January 17th. Barclays decreased their price objective on Levi Strauss & Co. from $24.00 to $22.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Guggenheim raised their target price on Levi Strauss & Co. from $20.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Finally, Wells Fargo & Company decreased their price target on Levi Strauss & Co. from $20.00 to $17.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 30th. Five investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $21.27.

About Levi Strauss & Co.

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.