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 intact, with the stock’s consolidated last price rising by $0.10, or 0.64%, to $15.74. The Levi Strauss & Co. has recorded 22,911 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Levi Strauss & Co. Reports Third-Quarter 2023 Financial Results.
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Stocks Info
Levi Strauss & Co. is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Apparel Manufacturing industry. At the end of the last regular session, the stock closed at $15.64 and fluctuated between $15.71 as its day high and $15.08 as its day low. The current market capitalization of Levi Strauss & Co. is $6.21B. A total of 2.3 million shares were traded on the day, compared to an average of 2.21M shares.
Insider Activity
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, LEVI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 59 BUYs and 29 SELLs from insiders. Insiders purchased 2,832,578 shares during that period but sold 399,288.
In the most recent transaction, O’Neill Elizabeth T sold 17,106 shares of LEVI for 15.00 per share on Nov 14. After the transaction, the EVP & Chief Operations Officer now owns 97,199 company shares. In a previous transaction on May 31, JAFFE SETH sold 2,938 shares at 13.45 per share. LEVI shares that EVP & Chief Legal Officer owns now total 173,732.
Among the insiders who sold shares, Stirling Lisa disposed of 5,017 shares on Jan 31 at a per-share price of $18.04. This resulted in the Global Controller holding 28,485 shares of LEVI after the transaction. In another insider transaction, JAFFE SETH sold 11,442 shares at $15.47 per share on Dec 30. Company shares held by the EVP & General Counsel now total 147,888.
Dividend
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Levi Strauss & Co. pays an annual dividend of $0.48, resulting in a dividend yield of 3.04%, and it has a price to earnings (P/E) ratio of 22.91. LEVI’s most recent ex-dividend date was 10/25/2023 when it declared a $0.12 quarterly dividend that was paid in cash on 11/9/2023. Previously, the company paid the dividend on 8/17/2023 with an ex-dividend date of 8/3/2023. The LEVI stock dividend was $0.12 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for LEVI in the last 3 months, the mean price target is $16.22 with high estimates of $21.00 and low estimates of $13.00. In terms of 52-week highs and lows, LEVI has a high of $19.35 and a low of $12.41.
As of this writing, LEVI has an earnings estimate of $0.43 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $0.45 per share and a lower estimate of $0.38. The company reported an EPS of $0.04 in the last quarter, which was 33.30% higher than expectations of $0.03.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LEVI’s latest balance sheet shows that the firm has $901.82M in Cash & Short Term Investments as of fiscal 2021. There were $2.24B in debt and $1.87B in liabilities at the time. Its Book Value Per Share was $4.89, while its Total Shareholder’s Equity was $1.67B.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 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 Buy with a score of 4.00.
