Levi Strauss & Co. (NYSE:LEVI – Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 1.200-1.250 for the period, compared to the consensus estimate of 1.250. The company issued revenue guidance of $6.2 billion-$6.3 billion, compared to the consensus revenue estimate of $6.3 billion. Levi Strauss & Co. also updated its FY25 guidance to $1.20-1.25 EPS.
Analysts Set New Price Targets
Several research analysts have recently issued reports on the company. Telsey Advisory Group reissued an “outperform” rating and issued a $23.00 price target on shares of Levi Strauss & Co. in a research note on Wednesday, April 2nd. Morgan Stanley decreased their target price on shares of Levi Strauss & Co. from $18.00 to $17.00 and set an “equal weight” rating for the company in a research report on Thursday, January 30th. UBS Group dropped their price target on shares of Levi Strauss & Co. from $26.00 to $25.00 and set a “buy” rating on the stock in a research report on Monday, February 3rd. Citigroup decreased their price objective on shares of Levi Strauss & Co. from $19.00 to $14.00 and set a “neutral” rating for the company in a report on Monday. Finally, Barclays cut their target price on Levi Strauss & Co. from $24.00 to $22.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $20.82.
Get Our Latest Analysis on Levi Strauss & Co.
Levi Strauss & Co. Stock Down 2.8 %
Levi Strauss & Co. (NYSE:LEVI – Get Free Report) last released its quarterly earnings data on Monday, April 7th. The blue-jean maker reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.10. Levi Strauss & Co. had a return on equity of 25.88% and a net margin of 3.32%. The firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter in the prior year, the company posted $0.26 earnings per share. The firm’s revenue was up 3.1% on a year-over-year basis. On average, research analysts forecast that Levi Strauss & Co. will post 1.27 earnings per share for the current year.
Levi Strauss & Co. Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Wednesday, February 12th were issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.85%. The ex-dividend date of this dividend was Wednesday, February 12th. Levi Strauss & Co.’s dividend payout ratio is 100.00%.
Insiders Place Their Bets
In other Levi Strauss & Co. news, Director David A. Friedman sold 4,166 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $18.44, for a total value of $76,821.04. Following the sale, the director now owns 100,012 shares of the company’s stock, valued at $1,844,221.28. This trade represents a 4.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Company 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.
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