Levi Strauss & Co. (LEVI) is destined for greater heights as its last quarter sales were 1,441 M

Levi Strauss & Co. (NYSE: LEVI) on Friday, soared 3.59% from the previous trading day, before settling in for the closing price of $19.24. Within the past 52 weeks, LEVI’s price has moved between $12.41 and $24.34.

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A company in the Consumer Cyclical sector has jumped its sales by 3.46% annually for the last half of the decade. The company achieved an average annual earnings per share of 13.88%. With a float of $95.35 million, this company’s outstanding shares have now reached $102.10 million.

In an organization with 19100 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 58.25%, operating margin of 6.93%, and the pretax margin is 2.15%.

Levi Strauss & Co. (LEVI) Insider Updates

Observing investor behavior towards Apparel Manufacturing industry stocks is more important than anything else. The insider ownership of Levi Strauss & Co. is 76.01%, while institutional ownership is 24.06%. The most recent insider transaction that took place on Sep 03 ’24, was worth 79,779. In this transaction Director of this company sold 4,166 shares at a rate of $19.15, taking the stock ownership to the 154,178 shares. Before that another transaction happened on Sep 03 ’24, when Company’s Director proposed sale 10,416 for $19.15, making the entire transaction worth $199,466.

Levi Strauss & Co. (LEVI) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 13.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.80% during the next five years compared to -3.14% drop over the previous five years of trading.

Levi Strauss & Co. (NYSE: LEVI) Trading Performance Indicators

Levi Strauss & Co. (LEVI) is currently performing well based on its current performance indicators. A quick ratio of 0.77 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.29. Likewise, its price to free cash flow for the trailing twelve months is 12.81.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.36, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 1.44 in one year’s time.

Technical Analysis of Levi Strauss & Co. (LEVI)

Let’s dig in a bit further. During the last 5-days, its volume was 1.09 million. That was inferior than the volume of 2.21 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 91.60%. Additionally, its Average True Range was 0.52.

During the past 100 days, Levi Strauss & Co.’s (LEVI) raw stochastic average was set at 44.04%, which indicates a significant decrease from 98.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.97% in the past 14 days, which was lower than the 39.62% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $18.55, while its 200-day Moving Average is $18.93. However, in the short run, Levi Strauss & Co.’s stock first resistance to watch stands at $20.14. Second resistance stands at $20.35. The third major resistance level sits at $20.73. If the price goes on to break the first support level at $19.54, it is likely to go to the next support level at $19.16. Assuming the price breaks the second support level, the third support level stands at $18.95.

Levi Strauss & Co. (NYSE: LEVI) Key Stats

Market capitalization of the company is 7.92 billion based on 397,503K outstanding shares. Right now, sales total 6,179 M and income totals 249,600 K. The company made 1,441 M in profit during its latest quarter, and 18,000 K in sales during its previous quarter.