Levi Strauss & Co. (NYSE:LEVI) Given Outperform Rating at Telsey Advisory Group

Levi Strauss & Co. (NYSE:LEVI)‘s stock had its “outperform” rating reiterated by investment analysts at Telsey Advisory Group in a note issued to investors on Wednesday,Benzinga reports. They presently have a $27.00 target price on the blue-jean maker’s stock. Telsey Advisory Group’s target price indicates a potential upside of 43.74% from the stock’s previous close.

LEVI has been the topic of several other reports. Jefferies Financial Group assumed coverage on shares of Levi Strauss & Co. in a research report on Wednesday, February 4th. They issued a “buy” rating and a $25.00 price target on the stock. Wall Street Zen downgraded shares of Levi Strauss & Co. from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. UBS Group restated a “buy” rating on shares of Levi Strauss & Co. in a research note on Thursday, March 12th. Raymond James Financial assumed coverage on Levi Strauss & Co. in a research report on Tuesday, December 23rd. They set an “outperform” rating and a $26.00 target price on the stock. Finally, Needham & Company LLC reissued a “buy” rating and set a $28.00 price target on shares of Levi Strauss & Co. in a report on Thursday, January 29th. Twelve analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $26.69.

Levi Strauss & Co. Trading Up 1.6%

Levi Strauss & Co. stock opened at $18.78 on Wednesday. Levi Strauss & Co. has a 52-week low of $12.17 and a 52-week high of $24.82. The company has a market cap of $7.33 billion, a P/E ratio of 12.78, a P/E/G ratio of 1.44 and a beta of 1.28. The company has a quick ratio of 0.94, a current ratio of 1.55 and a debt-to-equity ratio of 0.46. The business has a 50-day simple moving average of $20.29 and a two-hundred day simple moving average of $21.21.

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

Insider Buying and Selling at Levi Strauss & Co.

In related news, EVP Jason Gowans sold 40,000 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $21.83, for a total value of $873,200.00. Following the sale, the executive vice president owned 92,199 shares in the company, valued at approximately $2,012,704.17. The trade was a 30.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP David Jedrzejek sold 2,248 shares of the stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $19.60, for a total transaction of $44,060.80. Following the transaction, the senior vice president owned 106,818 shares of the company’s stock, valued at $2,093,632.80. This trade represents a 2.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 49,341 shares of company stock worth $1,068,909 in the last 90 days. 1.08% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Asset Management One Co. Ltd. purchased a new position in shares of Levi Strauss & Co. in the 3rd quarter worth approximately $2,540,000. Envestnet Asset Management Inc. raised its holdings in Levi Strauss & Co. by 2,268.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 238,883 shares of the blue-jean maker’s stock valued at $5,566,000 after buying an additional 228,796 shares during the period. Truist Financial Corp bought a new stake in Levi Strauss & Co. in the third quarter worth $2,478,000. Vanguard Group Inc. lifted its position in Levi Strauss & Co. by 3.2% in the third quarter. Vanguard Group Inc. now owns 8,978,738 shares of the blue-jean maker’s stock worth $209,205,000 after buying an additional 277,835 shares during the last quarter. Finally, Formula Growth Ltd. purchased a new position in Levi Strauss & Co. during the second quarter worth $874,000. Hedge funds and other institutional investors own 69.14% of the company’s stock.

About Levi Strauss & Co.

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.