Telsey Advisory Group 研究分析师下调了李维·施特劳斯公司的收益预期(纽约证券交易所:LEVI)
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Levi Strauss & Co. (NYSE:LEVI – Get Rating) – Investment analysts at Telsey Advisory Group lowered their Q1 2023 earnings per share estimates for Levi Strauss & Co. in a research report issued to clients and investors on Thursday, January 26th. Telsey Advisory Group analyst D. Telsey now forecasts that the blue-jean maker will post earnings of $0.30 per share for the quarter, down from their previous forecast of $0.51. Telsey Advisory Group currently has a "Outperform" rating and a $24.00 price objective on the stock. The consensus estimate for Levi Strauss & Co.'s current full-year earnings is $1.33 per share. Telsey Advisory Group also issued estimates for Levi Strauss & Co.'s Q2 2023 earnings at $0.10 EPS and Q4 2023 earnings at $0.48 EPS.
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A number of other brokerages have also recently commented on LEVI. Guggenheim lowered their price target on Levi Strauss & Co. from $33.00 to $27.00 and set a "buy" rating for the company in a research report on Friday, October 7th. Evercore ISI lowered their target price on shares of Levi Strauss & Co. to $22.00 in a report on Thursday, October 13th. Wells Fargo & Company cut their price target on Levi Strauss & Co. from $22.00 to $19.00 and set an "overweight" rating for the company in a research note on Friday, October 7th. Bank of America cut shares of Levi Strauss & Co. from a "buy" rating to a "neutral" rating and dropped their target price for the company from $19.00 to $17.00 in a report on Wednesday, January 18th. Finally, JPMorgan Chase & Co. downgraded shares of Levi Strauss & Co. from an "overweight" rating to a "neutral" rating and reduced their price target for the company from $19.00 to $17.00 in a report on Monday, January 23rd. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Levi Strauss & Co. currently has an average rating of "Moderate Buy" and an average price target of $20.27.
Levi Strauss & Co. Price Performance
NYSE LEVI opened at $17.79 on Monday. The stock has a market cap of $7.02 billion, a price-to-earnings ratio of 12.62, a PEG ratio of 3.31 and a beta of 1.14. The company has a current ratio of 1.43, a quick ratio of 0.80 and a debt-to-equity ratio of 0.52. Levi Strauss & Co. has a 12 month low of $13.57 and a 12 month high of $24.22. The company's 50 day moving average is $16.27 and its two-hundred day moving average is $16.69.
Levi Strauss & Co. (NYSE:LEVI – Get Rating) last released its quarterly earnings data on Wednesday, January 25th. The blue-jean maker reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.04. The firm had revenue of $1.59 billion for the quarter, compared to analysts' expectations of $1.59 billion. Levi Strauss & Co. had a net margin of 9.23% and a return on equity of 33.62%. The company's revenue for the quarter was down 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.41 earnings per share.
Levi Strauss & Co. Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 23rd. Investors of record on Wednesday, February 8th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date is Tuesday, February 7th. Levi Strauss & Co.'s dividend payout ratio (DPR) is 34.04%.
Insider Buying and Selling at Levi Strauss & Co.
In other Levi Strauss & Co. news, EVP Seth M. Ellison sold 4,315 shares of the stock in a transaction dated Tuesday, November 15th. The stock was sold at an average price of $16.35, for a total transaction of $70,550.25. Following the completion of the transaction, the executive vice president now owns 89,946 shares in the company, valued at approximately $1,470,617.10. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related news, EVP Seth M. Ellison sold 2,735 shares of Levi Strauss & Co. stock in a transaction dated Monday, November 21st. The shares were sold at an average price of $15.61, for a total transaction of $42,693.35. Following the completion of the sale, the executive vice president now owns 90,040 shares of the company's stock, valued at approximately $1,405,524.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Seth M. Ellison sold 4,315 shares of the business's stock in a transaction on Tuesday, November 15th. The shares were sold at an average price of $16.35, for a total value of $70,550.25. Following the completion of the sale, the executive vice president now owns 89,946 shares of the company's stock, valued at $1,470,617.10. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 23,437 shares of company stock valued at $374,887. 3.69% of the stock is currently owned by company insiders.
Institutional Trading of Levi Strauss & Co.
Several large investors have recently bought and sold shares of LEVI. M. Kulyk & Associates LLC lifted its holdings in Levi Strauss & Co. by 1,943.1% during the 3rd quarter. M. Kulyk & Associates LLC now owns 1,256,999 shares of the blue-jean maker's stock worth $18,189,000 after buying an additional 1,195,475 shares during the period. Wellington Management Group LLP lifted its position in shares of Levi Strauss & Co. by 20.5% during the 1st quarter. Wellington Management Group LLP now owns 6,365,036 shares of the blue-jean maker's stock valued at $125,773,000 after acquiring an additional 1,084,969 shares during the period. Trillium Asset Management LLC raised its holdings in shares of Levi Strauss & Co. by 120.9% during the second quarter. Trillium Asset Management LLC now owns 834,904 shares of the blue-jean maker's stock valued at $13,627,000 after purchasing an additional 456,913 shares during the period. Cubist Systematic Strategies LLC boosted its holdings in Levi Strauss & Co. by 285.6% in the third quarter. Cubist Systematic Strategies LLC now owns 576,242 shares of the blue-jean maker's stock worth $8,338,000 after acquiring an additional 426,797 shares in the last quarter. Finally, Credit Suisse AG lifted its holdings in shares of Levi Strauss & Co. by 343.5% in the 3rd quarter. Credit Suisse AG now owns 524,043 shares of the blue-jean maker's stock worth $7,583,000 after purchasing an additional 405,890 shares in the last quarter. 18.76% of the stock is owned by institutional investors and hedge funds.
About Levi Strauss & Co.
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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.
Further Reading
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