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Check out this: Levi Strauss & Co. (LEVI) could be on the verge of a big rally

Levi Strauss & Co. (NYSE: LEVI) is 14.57% higher on its value in year-to-date trading and has touched a low of $12.41 and a high of $24.34 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LEVI stock was last observed hovering at around $18.62 in the last trading session, with the day’s gains setting it 0.33%.

Currently trading at $18.95, the stock is -8.30% and -13.63% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.06 million and changing 1.77% at the moment leaves the stock 5.17% off its SMA200. LEVI registered 39.44% gain for a year compared to 6-month gain of 19.18%.

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The stock witnessed a -18.95% loss in the last 1 month and extending the period to 3 months gives it a -3.90%, and is 3.10% 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 2.40% over the week and 2.70% over the month.

Levi Strauss & Co. (LEVI) has around 19100 employees, a market worth around $7.53B and $6.16B in sales. Current P/E ratio is 52.96 and Fwd P/E is 13.16. Profit margin for the company is 2.34%. Distance from 52-week low is 52.64% and -22.14% from its 52-week high. The company has generated returns on investments over the last 12 months (3.69%).

The EPS is expected to grow by 13.88% this year.

Levi Strauss & Co. (LEVI) Top Institutional Holders

The shares outstanding are 102.10M, and float is at 90.37M with Short Float at 6.87%.

Levi Strauss & Co. (LEVI) Insider Activity

The most recent transaction is an insider sale by Friedman David A,the company’sDirector. SEC filings show that Friedman David A sold 4,166 shares of the company’s common stock on Jul 01 ’24 at a price of $19.37 per share for a total of $80695.0. Following the sale, the insider now owns 0.16 million shares.

Levi Strauss & Co. disclosed in a document filed with the SEC on Jun 03 ’24 that Friedman David A (Director) sold a total of 16,666 shares of the company’s common stock. The trade occurred on Jun 03 ’24 and was made at $23.94 per share for $0.4 million. Following the transaction, the insider now directly holds 0.17 million shares of the LEVI stock.

Still, SEC filings show that on May 31 ’24, Haas Bradley J. (10% Owner) disposed off 100,000 shares at an average price of $24.05 for $2.4 million. The insider now directly holds 0 shares of Levi Strauss & Co. (LEVI).

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