Levi Strauss & Co. (NYSE:LEVI) Rating Increased to Strong-Buy at Jefferies Financial Group

Levi Strauss & Co. (NYSE:LEVI) was upgraded by research analysts at Jefferies Financial Group to a “strong-buy” rating in a note issued to investors on Wednesday,Zacks.com reports.

A number of other research analysts have also recently issued reports on LEVI. JPMorgan Chase & Co. increased their target price on shares of Levi Strauss & Co. from $23.00 to $33.00 and gave the company an “overweight” rating in a report on Friday, October 10th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $27.00 price objective on shares of Levi Strauss & Co. in a research note on Wednesday, January 21st. Needham & Company LLC reaffirmed a “buy” rating and set a $28.00 price objective on shares of Levi Strauss & Co. in a report on Thursday, January 29th. Morgan Stanley boosted their target price on Levi Strauss & Co. from $19.00 to $20.00 and gave the stock an “equal weight” rating in a research report on Friday, October 10th. Finally, BTIG Research restated a “buy” rating and issued a $27.00 price target on shares of Levi Strauss & Co. in a research report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Levi Strauss & Co. currently has a consensus rating of “Moderate Buy” and an average target price of $26.69.

Levi Strauss & Co. Trading Up 4.5%

NYSE:LEVI opened at $20.30 on Wednesday. Levi Strauss & Co. has a 12-month low of $12.17 and a 12-month high of $24.82. The company has a current ratio of 1.55, a quick ratio of 0.94 and a debt-to-equity ratio of 0.46. The stock’s 50 day simple moving average is $21.37 and its 200-day simple moving average is $21.46. The firm has a market cap of $7.93 billion, a P/E ratio of 13.90, a PEG ratio of 1.54 and a beta of 1.33.

Levi Strauss & Co. (NYSE:LEVI) last issued its quarterly earnings results on Wednesday, January 28th. The blue-jean maker reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The business had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.71 billion. Levi Strauss & Co. had a net margin of 9.20% and a return on equity of 25.08%. The business’s revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.50 earnings per share. Levi Strauss & Co. has set its FY 2026 guidance at 1.400-1.460 EPS. Equities analysts anticipate that Levi Strauss & Co. will post 1.27 EPS for the current year.

Insider Transactions at Levi Strauss & Co.

In other Levi Strauss & Co. news, SVP David Jedrzejek sold 2,248 shares of Levi Strauss & Co. stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $19.60, for a total value of $44,060.80. Following the transaction, the senior vice president owned 106,818 shares in the company, valued at $2,093,632.80. This trade represents a 2.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.25% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in LEVI. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Levi Strauss & Co. in the fourth quarter valued at about $1,111,000. Versor Investments LP grew its position in Levi Strauss & Co. by 77.6% in the fourth quarter. Versor Investments LP now owns 86,992 shares of the blue-jean maker’s stock valued at $1,804,000 after acquiring an additional 38,000 shares in the last quarter. Swiss Life Asset Management Ltd purchased a new stake in shares of Levi Strauss & Co. during the fourth quarter valued at approximately $255,000. CORDA Investment Management LLC. lifted its position in shares of Levi Strauss & Co. by 1.0% during the fourth quarter. CORDA Investment Management LLC. now owns 673,592 shares of the blue-jean maker’s stock worth $13,970,000 after purchasing an additional 6,737 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its stake in shares of Levi Strauss & Co. by 30.7% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 46,999 shares of the blue-jean maker’s stock valued at $975,000 after purchasing an additional 11,051 shares during the period. 69.14% of the stock is owned by hedge funds and other institutional investors.

About Levi Strauss & Co.

Levi Strauss & Co is a global apparel company best known for its denim jeans and casual wear. Founded in 1853 in San Francisco by Bavarian immigrant Levi Strauss, the company pioneered the modern blue jean with the introduction of rivet-reinforced work pants. Over its more than 160-year history, Levi Strauss has evolved into a lifestyle brand, offering a broad portfolio that includes denim for men, women and children, as well as tops, outerwear, footwear and accessories.

The company’s flagship label, Levi’s®, is recognized worldwide for its iconic styles such as the 501® Original Fit Jeans, while additional brands, including Dockers®, Target core metric, and Denizen® by Levi’s, cater to diverse price points and consumer segments.