Levi Strauss & Co. (NYSE:LEVI) Given Buy Rating at BTIG Research

Levi Strauss & Co. (NYSE:LEVI)‘s stock had its “buy” rating reissued by investment analysts at BTIG Research in a research report issued on Wednesday,Benzinga reports. They presently have a $27.00 price target on the blue-jean maker’s stock. BTIG Research’s target price points to a potential upside of 42.25% from the stock’s previous close.

Other analysts have also issued research reports about the stock. Wall Street Zen lowered shares of Levi Strauss & Co. from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Raymond James Financial started coverage on shares of Levi Strauss & Co. in a report on Tuesday, December 23rd. They set an “outperform” rating and a $26.00 price objective on the stock. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $27.00 target price on shares of Levi Strauss & Co. in a research report on Wednesday. Needham & Company LLC reaffirmed a “buy” rating and set a $28.00 price target on shares of Levi Strauss & Co. in a research note on Thursday, January 29th. Finally, Jefferies Financial Group started coverage on Levi Strauss & Co. in a research note on Wednesday, February 4th. They issued a “buy” rating and a $25.00 price objective for the company. Twelve investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $26.69.

Levi Strauss & Co. Stock Performance

LEVI stock opened at $18.98 on Wednesday. The stock has a 50-day moving average price of $20.23 and a 200-day moving average price of $21.19. Levi Strauss & Co. has a 1-year low of $12.17 and a 1-year high of $24.82. The company has a current ratio of 1.55, a quick ratio of 0.94 and a debt-to-equity ratio of 0.46. The firm has a market cap of $7.41 billion, a PE ratio of 13.00, a price-to-earnings-growth ratio of 1.47 and a beta of 1.28.

Levi Strauss & Co. (NYSE:LEVI) last announced its earnings results on Wednesday, January 28th. The blue-jean maker reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. The company had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.71 billion. Levi Strauss & Co. had a return on equity of 25.08% and a net margin of 9.20%.The firm’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.50 EPS. Levi Strauss & Co. has set its FY 2026 guidance at 1.400-1.460 EPS. As a group, equities research analysts expect that Levi Strauss & Co. will post 1.27 earnings per share for the current year.

Insider Transactions at Levi Strauss & Co.

In other news, EVP Jason Gowans sold 40,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $21.83, for a total value of $873,200.00. Following the transaction, the executive vice president owned 92,199 shares in the company, valued at $2,012,704.17. This trade represents a 30.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP David Jedrzejek sold 7,093 shares of the company’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $21.38, for a total value of $151,648.34. Following the sale, the senior vice president owned 98,193 shares of the company’s stock, valued at $2,099,366.34. This trade represents a 6.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 49,341 shares of company stock valued at $1,068,909 in the last quarter. Company insiders own 1.08% of the company’s stock.

Institutional Trading of Levi Strauss & Co.

Institutional investors and hedge funds have recently made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new position in Levi Strauss & Co. during the fourth quarter worth about $26,000. US Bancorp DE lifted its position in shares of Levi Strauss & Co. by 260.5% during the 3rd quarter. US Bancorp DE now owns 1,121 shares of the blue-jean maker’s stock worth $26,000 after buying an additional 810 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Levi Strauss & Co. by 140.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,425 shares of the blue-jean maker’s stock worth $26,000 after buying an additional 833 shares during the last quarter. Hara Capital LLC boosted its stake in shares of Levi Strauss & Co. by 8,080.0% in the 2nd quarter. Hara Capital LLC now owns 2,045 shares of the blue-jean maker’s stock worth $38,000 after buying an additional 2,020 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new position in shares of Levi Strauss & Co. in the fourth quarter valued at approximately $39,000. 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.