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Wednesday, March 22, 2023

Levi Strauss & Co. (NYSE: LEVI) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Levi Strauss & Co. (LEVI) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.12, or -0.73%, to $16.41. The Levi Strauss & Co. has recorded 73,653 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Levi Strauss & Co. Reports Fourth-Quarter and Fiscal Year 2022 Financial Results.


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Stocks Info

The company is listed on the NYSE and operates within the Apparel Manufacturing industry segment. At the end of the last regular session, the stock closed at $16.53 and fluctuated between $17.15 as its day high and $16.39 as its day low. The current market capitalization of Levi Strauss & Co. is $1.60B. A total of 2.4 million shares were traded on the day, compared to an average of 2.00M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, LEVI has seen 13 BUY and 23 SELL insider trades, representing the acquisition of 1,283,507 and the disposition of 236,642 shares. Over the last 12 months, there were 68 BUYs and 36 SELLs from insiders. Insiders purchased 4,980,873 shares during that period but sold 3,669,416.

In the most recent transaction, Stirling Lisa sold 5,017 shares of LEVI for 18.04 per share on Jan 31. After the transaction, the Global Controller now owns 28,485 company shares. In a previous transaction on Dec 30, JAFFE SETH sold 11,442 shares at 15.47 per share. LEVI shares that EVP & General Counsel owns now total 147,888.

Among the insiders who sold shares, JAFFE SETH disposed of 11,862 shares on Nov 30 at a per-share price of $16.17. This resulted in the EVP & General Counsel holding 148,299 shares of LEVI after the transaction. In another insider transaction, Ellison Seth M. sold 94 shares at $15.58 per share on Nov 25. Company shares held by the EVP & Chief Commercial Officer now total 89,946.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Levi Strauss & Co. pays an annual dividend of $0.48, resulting in a dividend yield of 2.90%, and it has a price to earnings (P/E) ratio of 11.72. LEVI’s most recent ex-dividend date was 2/7/2023 when it declared a $0.12 quarterly dividend that was paid in cash on 2/23/2023. Previously, the company paid the dividend on 11/21/2022 with an ex-dividend date of 11/3/2022. The LEVI stock dividend was $0.12 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for LEVI in the last 3 months, the mean price target is $19.38 with high estimates of $24.00 and low estimates of $16.00. In terms of 52-week highs and lows, LEVI has a high of $21.42 and a low of $13.57.

As of this writing, LEVI has an earnings estimate of $0.32 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $0.36 per share and a lower estimate of $0.3. The company reported an EPS of $0.4 in the last quarter, which was 8.10% higher than expectations of $0.37.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 13 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LEVI is Hold with a score of 4.09. A total of 7 analysts rated the stock as Buy while 0 rated it as Overweight while 6 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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