Levi Strauss & Co. (NYSE:LEVI) shares traded -15.40% lower at $19.56 on Wall Street last session.
LEVI stock price is now -12.86% away from the 50-day moving average and 10.66% away from the 200-day moving average. The market capitalization of the company currently stands at $7.75B.
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With the price target enhanced from $24 to $26, Telsey Advisory Group maintained Outperform rating for Levi Strauss & Co. (NYSE: LEVI). , while ‘Telsey Advisory Group’ rates the stock as ‘Outperform’
In other news, Friedman David A, Director sold 16,666 shares of the company’s stock on Jun 03 ’24. The stock was sold for $398,984 at an average price of $23.94. Upon completion of the transaction, the Director now directly owns 166,676 shares in the company, valued at $3.26 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 31 ’24, 10% Owner Haas Bradley J. sold 100,000 shares of the business’s stock. A total of $2,404,560 was realized by selling the stock at an average price of $24.05. A total of 77.80% of the company’s stock is owned by insiders.
During the past 12 months, Levi Strauss & Co. has had a low of $12.41 and a high of $24.34. As of last week, the company has a debt-to-equity ratio of 1.12, a current ratio of 1.42, and a quick ratio of 0.77. According to the stock market information, the enterprise value for the company is $9323559936, which is based on a 54.67 price-to-earnings ratio, a 3.96 price-to-earnings-growth ratio, and a beta of 1.17. The fifty day moving average price for LEVI is $22.4304 and a two-hundred day moving average price translates $17.70615 for the stock.
The latest earnings results from Levi Strauss & Co. (NYSE: LEVI) was released for 2024-05-26. The net profit margin was 2.34% and return on equity was 7.39% for LEVI. The company reported revenue of $1.44 billion for the quarter, compared to $1.34 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.81 percent.
