Levi Strauss & Co. (NYSE:LEVI) Releases 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 (EPS) guidance of 1.250-1.300 for the period, compared to the consensus 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. Trading Down 2.7%

NYSE LEVI traded down $0.59 on Monday, hitting $21.36. The company's stock had a trading volume of 4,807,429 shares, compared to its average volume of 2,217,069. The company has a quick ratio of 0.85, a current ratio of 1.48 and a debt-to-equity ratio of 0.49. Levi Strauss & Co. has a 1-year low of $12.17 and a 1-year high of $22.35. The company's 50-day moving average is $17.90 and its 200 day moving average is $17.15. The firm has a market cap of $8.46 billion, a PE ratio of 20.94, a PEG ratio of 1.94 and a beta of 1.15.

Levi Strauss & Co. (NYSE:LEVI - Get Free Report) last issued its quarterly earnings data on Thursday, July 10th. The blue-jean maker reported $0.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.09. Levi Strauss & Co. had a return on equity of 28.75% and a net margin of 6.40%. The company had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.37 billion. During the same period last year, the company earned $0.16 earnings per share. The firm's revenue was up 6.4% compared to the same quarter last year. 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 business also recently disclosed a quarterly dividend, which will be paid on Friday, August 8th. Stockholders of record on Thursday, July 24th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.62%. This is an increase from Levi Strauss & Co.'s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Thursday, July 24th. Levi Strauss & Co.'s dividend payout ratio (DPR) is 50.98%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Stifel Nicolaus increased their price target on Levi Strauss & Co. from $20.00 to $24.00 and gave the stock a "buy" rating in a report on Friday. Bank of America increased their price target on Levi Strauss & Co. from $21.00 to $24.00 and gave the stock a "buy" rating in a report on Friday. Telsey Advisory Group increased their price target on Levi Strauss & Co. from $21.00 to $24.00 and gave the stock an "outperform" rating in a report on Friday. Barclays reiterated an "overweight" rating and set a $24.00 price target (up from $20.00) on shares of Levi Strauss & Co. in a report on Monday. Finally, Citigroup lifted their price objective on shares of Levi Strauss & Co. from $19.00 to $22.00 and gave the company a "neutral" rating in a research note on Friday. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $23.18.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Levi Strauss & Co. by 3.4% in 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 acquiring an additional 52,332 shares in the last quarter. 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 acquiring an additional 97,800 shares in the last quarter. Caxton Associates LLP bought a new stake in shares of Levi Strauss & Co. during the first quarter worth about $241,000. Jacobs Levy Equity Management Inc. bought a new stake in shares of Levi Strauss & Co. during the first quarter worth about $224,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Levi Strauss & Co. by 133.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,286 shares of the blue-jean maker's stock worth $51,000 after acquiring an additional 1,879 shares during the last quarter. Institutional investors own 69.14% 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.