Levi Strauss & Co. (NYSE:LEVI) Updates FY 2025 Earnings Guidance

Levi Strauss & Co. (NYSE:LEVI - Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of 1.250-1.300 for the period, compared to the consensus earnings per share estimate of 1.231. The company issued revenue guidance of $6.4 billion-$6.5 billion, compared to the consensus revenue estimate of $6.0 billion.

Levi Strauss & Co. Stock Performance

LEVI traded up $2.18 on Friday, reaching $21.91. The company had a trading volume of 16,510,859 shares, compared to its average volume of 2,204,361. Levi Strauss & Co. has a fifty-two week low of $12.17 and a fifty-two week high of $22.19. The stock has a market cap of $8.67 billion, a P/E ratio of 21.48, a P/E/G ratio of 1.86 and a beta of 1.15. The company's fifty day moving average is $17.90 and its 200 day moving average is $17.15. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.89 and a current ratio of 1.50.

Levi Strauss & Co. (NYSE:LEVI - Get Free Report) last posted its quarterly earnings data on Thursday, July 10th. The blue-jean maker reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.09. The firm had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.37 billion. Levi Strauss & Co. had a net margin of 6.40% and a return on equity of 29.22%. The business's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.16 EPS. As a group, analysts predict that Levi Strauss & Co. will post 1.27 earnings per share for the current fiscal year.

Levi Strauss & Co. Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 8th. Stockholders of record on Thursday, July 24th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date of this dividend is Thursday, July 24th. This is an increase from Levi Strauss & Co.'s previous quarterly dividend of $0.13. Levi Strauss & Co.'s dividend payout ratio is 58.43%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Stifel Nicolaus upped their price target on shares of Levi Strauss & Co. from $20.00 to $24.00 and gave the stock a "buy" rating in a report on Friday. Telsey Advisory Group upped their price target on shares of Levi Strauss & Co. from $21.00 to $24.00 and gave the stock an "outperform" rating in a report on Friday. Barclays upped their price target on shares of Levi Strauss & Co. from $18.00 to $20.00 and gave the stock an "overweight" rating in a report on Wednesday, May 21st. Bank of America upped their price target on shares of Levi Strauss & Co. from $21.00 to $24.00 and gave the stock a "buy" rating in a report on Friday. Finally, Wells Fargo & Company upped their price objective on shares of Levi Strauss & Co. from $22.00 to $25.00 and gave the stock an "overweight" rating in a research report on Friday. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $22.82.

Hedge Funds Weigh In On Levi Strauss & Co.

Several large investors have recently modified their holdings of the business. AQR Capital Management LLC increased its position in shares of Levi Strauss & Co. by 181.6% during the first quarter. AQR Capital Management LLC now owns 151,645 shares of the blue-jean maker's stock worth $2,364,000 after buying an additional 97,800 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Levi Strauss & Co. by 3.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,597,687 shares of the blue-jean maker's stock worth $24,908,000 after buying an additional 52,332 shares during the period. Caxton Associates LLP acquired a new stake in shares of Levi Strauss & Co. during the first quarter worth $241,000. Jacobs Levy Equity Management Inc. acquired a new stake in shares of Levi Strauss & Co. during the first quarter worth $224,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Levi Strauss & Co. by 133.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,286 shares of the blue-jean maker's stock worth $51,000 after buying an additional 1,879 shares during the period. Institutional investors own 69.14% of the company's stock.

About Levi Strauss & Co.

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.