Levi Strauss & Co. (LEVI) Expected to Announce Earnings on Thursday

Levi Strauss & Co. (NYSE:LEVI) is expected to issue its quarterly earnings data before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.48 per share and revenue of $1,728,391.56 billion for the quarter.

Levi Strauss & Co. Stock Up 2.0 %

Shares of NYSE:LEVI opened at $17.74 on Thursday. The stock’s 50-day moving average price is $17.23 and its two-hundred day moving average price is $18.25. The company has a current ratio of 1.41, a quick ratio of 0.76 and a debt-to-equity ratio of 0.54. Levi Strauss & Co. has a 12-month low of $14.87 and a 12-month high of $24.34. The firm has a market cap of $7.04 billion, a price-to-earnings ratio of 46.69, a PEG ratio of 0.95 and a beta of 1.16.

Analyst Upgrades and Downgrades

LEVI has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Levi Strauss & Co. from $20.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, October 3rd. Stifel Nicolaus cut their price target on shares of Levi Strauss & Co. from $28.00 to $25.00 and set a “buy” rating on the stock in a research note on Thursday, October 3rd. TD Cowen lowered their price objective on shares of Levi Strauss & Co. from $25.00 to $23.00 and set a “buy” rating for the company in a research note on Thursday, October 3rd. Barclays started coverage on Levi Strauss & Co. in a report on Wednesday, January 8th. They set an “overweight” rating and a $24.00 price objective for the company. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $26.00 target price on shares of Levi Strauss & Co. in a report on Wednesday, October 16th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.89.

Insider Buying and Selling

In other Levi Strauss & Co. news, Director David A. Friedman sold 4,166 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $18.00, for a total value of $74,988.00. Following the completion of the transaction, the director now owns 104,178 shares in the company, valued at $1,875,204. This represents a 3.85 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.14% of the stock is owned by corporate insiders.

Levi Strauss & Co. Company Profile

Levi Strauss & Co designs, markets, and sells apparels and related accessories for men, women, and children worldwide. The company offers jeans, casual and dress pants, activewears, tops, shorts, skirts, dresses, jumpsuits, shirts, sweaters, jackets, footwear, and related accessories under the Levi's, Dockers, Signature by Levi Strauss & Co, Denizen, and Beyond Yoga brands.