New Big Money Means Levi Strauss & Co. (LEVI) Investors Could Reap Benefit

Levi Strauss & Co. (NYSE: LEVI) is -30.79% lower on its value in year-to-date trading and has touched a low of $9.09 and a high of $23.74 in the current 52-week trading range. The LEVI stock was last observed hovering at around $13.35 in the recent trading session, with the current gains setting it 0.54%.


5 Stocks to make up the PERFECT 2021 gold portfolio

Gold bugs are shouting from the rooftops in excitement, but that doesn’t mean you rush out and just buy any gold stock…That’s why we laid out The 2021 Ultimate Gold Portfolio – to dissect the treasure from the trash.

Click here to download your free report right away

Sponsored


At last check, trading at $13.89, the stock is -0.12% and 3.85% above its SMA20 and SMA50 respectively. However, with a current trading volume of 0.53 million and changing 4.04% at the moment leaves the stock -14.75% off its SMA200. LEVI registered -38.73% loss for a year compared to 6-month loss of -30.18%. The firm has a 50-day simple moving average (SMA 50) of $13.84 and a 200-day simple moving average (SMA200) of $15.59.

The stock witnessed a -12.97% gain in the last 1 month and extending the period to 3 months gives it a 32.57%, and is 3.25% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.61% over the week and 5.51% over the month.

Levi Strauss & Co. (LEVI) has around 15800 employees, a market worth around $5.43B and $5.83B in sales. Current P/E ratio is 13.69 and Fwd P/E is 16.86. Profit margin for the company is 6.90%. Distance from 52-week low is 52.81% and -41.49% from its 52-week high. The company has generated returns on investments over the last 12 months (17.80%).

Levi Strauss & Co. (LEVI) Analyst Forecasts

Levi Strauss & Co. quarterly earnings per share for the current quarter are estimated at -$0.45 with sales reaching $574.13M over the same period.The EPS is expected to shrink by -9.80% this year, but quarterly earnings will post -19.70% year-over-year. Quarterly sales are estimated to shrink -56.30% in year-over-year returns.

Levi Strauss & Co. (LEVI) Top Institutional Holders

191 institutions hold shares in Levi Strauss & Co. (LEVI), with 35.61M shares held by insiders accounting for 8.99% while institutional investors hold 90.64% of the company’s shares. The shares outstanding are 396.22M, and float is at 53.24M with Short Float at 13.44%. Institutions hold 82.49% of the Float.

The top institutional shareholder in the company is Wells Fargo & Company with over 6.19 million shares valued at $77.0 million. The investor’s holdings represent 10.04% of the LEVI Shares outstanding. As of Mar 30, 2020, the second largest holder is Capital Research Global Investors with 5.44 million shares valued at $67.56 million to account for 8.81% of the shares outstanding. The other top investors are Wellington Management Company, LLP which holds 4.92 million shares representing 7.97% and valued at over $61.12 million, while Price (T.Rowe) Associates Inc holds 7.29% of the shares totaling 4.5 million with a market value of $55.94 million.

Levi Strauss & Co. (LEVI) Insider Activity

A total of 133 insider transactions have happened at Levi Strauss & Co. (LEVI) in the last six months, with sales accounting for 73 and purchases happening 60 times. The most recent transaction is an insider sale by JAFFE SETH, the company’s EVP & General Counsel. SEC filings show that JAFFE SETH sold 8,123 shares of the company’s common stock on Jul 01 at a price of $13.61 per share for a total of $0.11 million. Following the sale, the insider now owns 83731.0 shares.

Levi Strauss & Co. disclosed in a document filed with the SEC on Feb 12 that Eisenhardt Elizabeth H (10% Owner) sold a total of 15,141 shares of the company’s common stock. The trade occurred on Feb 12 and was made at $20.39 per share for $0.31 million. Following the transaction, the insider now directly holds 0.26 million shares of the LEVI stock.

Still, SEC filings show that on Feb 12, Haas Jennifer C. (10% Owner) disposed off 5,047 shares at an average price of $20.39 for $0.1 million. The insider now directly holds 0 shares of Levi Strauss & Co. (LEVI).

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free