Levi Strauss & Co. (NYSE: LEVI) is 13.72% 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 $18.06 in the last trading session, with the day’s gains setting it 0.75%.
Currently trading at $18.81, the stock is 5.42% and -5.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.07 million and changing 4.15% at the moment leaves the stock 1.86% off its SMA200. LEVI registered 31.45% gain for a year compared to 6-month gain of 6.33%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 1.68% loss in the last 1 month and extending the period to 3 months gives it a -14.96%, and is 6.39% 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 2.20% over the week and 2.67% over the month.
Levi Strauss & Co. (LEVI) has around 19100 employees, a market worth around $7.48B and $6.16B in sales. Current P/E ratio is 52.57 and Fwd P/E is 13.07. Profit margin for the company is 2.34%. Distance from 52-week low is 51.51% and -22.72% from its 52-week high. The company has generated returns on investments over the last 12 months (3.69%).
Levi Strauss & Co. quarterly earnings per share for the current quarter are estimated at 0.31 with sales reaching $1.55B over the same period.The EPS is expected to grow by 13.88% this year, but quarterly earnings will post 2.20% year-over-year.
323.0 institutions hold shares in Levi Strauss & Co. (LEVI), with institutional investors hold 89.83% of the company’s shares. The shares outstanding are 102.10M, and float is at 95.35M with Short Float at 6.90%. Institutions hold 82.10% of the Float.
The top institutional shareholder in the company is FMR LLC with over 10.64 million shares valued at $$212.63 million. The investor’s holdings represent 2.6663 of the LEVI Shares outstanding. As of 2024-03-31, the second largest holder is VANGUARD GROUP INC with 8.56 million shares valued at $$171.03 million to account for 2.1447 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 8.33 million shares representing 2.089 and valued at over $$166.59 million, while CAPITAL RESEARCH GLOBAL INVESTORS holds 1.6607 of the shares totaling 6.63 million with a market value of $$132.44 million.
Levi Strauss & Co. (LEVI) Insider Activity
The most recent transaction is an insider sale by Friedman David A, the company’s Director. SEC filings show that Friedman David A sold 4,166 shares of the company’s common stock on Aug 01 ’24 at a price of $18.23 per share for a total of $75946.0. Following the sale, the insider now owns 0.16 million shares.
Still, SEC filings show that on Jul 01 ’24, Friedman David A (Director) disposed off 4,166 shares at an average price of $19.37 for $80695.0. The insider now directly holds 162,510 shares of Levi Strauss & Co. (LEVI).
