Levi Strauss & Co. - LEVI Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Levi Strauss & Co. in the last twelve months. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LEVI shares.
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10 brokers have issued 12 month target prices for Levi Strauss & Co.'s shares. Their LEVI share price forecasts range from $19.00 to $33.00. On average, they expect the company's stock price to reach $26.18 in the next year. This suggests a possible upside of 34.1% from the stock's current price.
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Levi Strauss & Co.'s stock was trading at $25.03 at the beginning of 2022. Since then, LEVI stock has decreased by 22.0% and is now trading at $19.53.
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Levi Strauss & Co. saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 7,080,000 shares, an increase of 16.4% from the June 30th total of 6,080,000 shares. Based on an average daily volume of 1,990,000 shares, the short-interest ratio is currently 3.6 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 5th 2022.
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Levi Strauss & Co. (NYSE:LEVI) posted its quarterly earnings data on Thursday, July, 7th. The blue-jean maker reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.06. The blue-jean maker earned $1.47 billion during the quarter, compared to the consensus estimate of $1.43 billion. Levi Strauss & Co. had a net margin of 9.48% and a trailing twelve-month return on equity of 40.03%. The company's revenue for the quarter was up 15.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.23 earnings per share.

Levi Strauss & Co. declared a quarterly dividend on Thursday, July 7th. Investors of record on Monday, August 1st will be given a dividend of $0.12 per share on Wednesday, August 17th. This represents a $0.48 dividend on an annualized basis and a yield of 2.46%. The ex-dividend date of this dividend is Friday, July 29th. This is a positive change from the stock's previous quarterly dividend of $0.10.
Read our dividend analysis for LEVI.

Levi Strauss & Co. (NYSE:LEVI) pays an annual dividend of $0.48 per share and currently has a dividend yield of 2.46%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LEVI will have a dividend payout ratio of 30.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LEVI.

Levi Strauss & Co. updated its FY 2022 earnings guidance on Thursday, July, 28th. The company provided earnings per share (EPS) guidance of $1.50-$1.56 for the period, compared to the consensus estimate of $1.55. The company issued revenue guidance of $6.40 billion-$6.50 billion, compared to the consensus revenue estimate of $6.43 billion.

674 employees have rated Levi Strauss & Co. Chief Executive Officer Chip Bergh on Glassdoor.com. Chip Bergh has an approval rating of 92% among the company's employees. This puts Chip Bergh in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Levi Strauss & Co. investors own include NVIDIA (NVDA), AT&T (T), Johnson & Johnson (JNJ), CVS Health (CVS), Alibaba Group (BABA), Walt Disney (DIS), Advanced Micro Devices (AMD), Intel (INTC), Home Depot (HD) and QUALCOMM (QCOM).

(LEVI) raised $550 million in an initial public offering (IPO) on Thursday, March 21st 2019. The company issued 36,700,000 shares at $14.00-$16.00 per share. Goldman Sachs and J.P. Morgan acted as the underwriters for the IPO and BofA Merrill Lynch, Morgan Stanley, Evercore ISI, BNP PARIBAS, Citigroup, Guggenheim Securities, HSBC, Drexel Hamilton, Telsey Advisory Group and The Williams Capital Group were co-managers.

Levi Strauss & Co. trades on the New York Stock Exchange (NYSE) under the ticker symbol "LEVI."

Levi Strauss & Co.'s stock is owned by a number of retail and institutional investors. Top institutional investors include Parnassus Investments LLC (1.47%), Franklin Resources Inc. (0.54%), Royce & Associates LP (0.24%), Trillium Asset Management LLC (0.21%), Community Trust & Investment Co. (0.20%) and CORDA Investment Management LLC. (0.15%). Insiders that own company stock include Bradley J Haas, Charles V Bergh, Christopher J Mccormick, Daniel S Haas, David A Friedman, David Sievewright Love, Elizabeth H Eisenhardt, Elizabeth H Eisenhardt, Elizabeth T O'neill, Gavin Brockett, Harmit J Singh, Jennifer A Sey, Jennifer C Haas, Jenny J Ming, Kenneth John Stephon, Marc Ostryniec, Marc Rosen, Margaret E Haas, Miriam L Haas, Patricia Salas Pineda, Peter E Jr Haas, Raphael Goszcz Crawford, Robert D Haas, Roy Bagattini, Seth Jaffe, Seth M Ellison, Shonn D Stahlecker and Walter J Haas.
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Shares of LEVI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LEVI stock can currently be purchased for approximately $19.53.

Levi Strauss & Co. (NYSE:LEVI) has a market capitalization of $7.75 billion and generates $5.76 billion in revenue each year. The blue-jean maker earns $553.54 million in net income (profit) each year or $1.44 on an earnings per share basis.

The company employs 16,600 workers across the globe.

Levi Strauss & Co.'s mailing address is 1155 BATTERY STREET, SAN FRANCISCO CA, 94111. The official website for the company is www.levistrauss.com. The blue-jean maker can be reached via phone at (415) 501-6000 or via email at investor-relations@levi.com.