LEVI - Levi Strauss & Co.

NYSE - NYSE Delayed Price. Currency in USD
+0.34 (+1.45%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close23.45
Bid23.70 x 900
Ask23.99 x 1100
Day's Range23.33 - 24.34
52 Week Range21.24 - 24.50
Avg. Volume5,292,890
Market Cap9.338B
Beta (3Y Monthly)N/A
PE Ratio (TTM)19.99
EPS (TTM)1.19
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est24.60
Trade prices are not sourced from all markets
  • Neiman Marcus, H&M join growing list of brands that are tapping the secondhand market
    MarketWatch2 days ago

    Neiman Marcus, H&M join growing list of brands that are tapping the secondhand market

    More shoppers are buying secondhand goods, and brands are getting in on the action rather than leaving that business to thrift and consignment stores.

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  • Business Wire4 days ago

    Levi Strauss & Co. Announces 2019 Annual Shareholder Meeting

    Levi Strauss & Co. today announced that its 2019 Annual Meeting of Shareholders will be held on July 10, 2019 at 10:00 a.m. Pacific Time at the company’s headquarters located at 1155 Battery Street, San Francisco, CA 94111.

  • Benzinga5 days ago

    The Sell-Side's Opinion Of Levi Strauss Trickles In

    Levi Strauss & Co. (NYSE: LEVI) shares resumed trading on a public market for the first time in more than 30 years in late March. Levi's boasts an iconic brand in the $100 billion jeans market and is led by CEO Charles Bergh who brings tremendous experience in brand-building, JPMorgan's Matthew Boss said in a note. Bergh implemented new strategies and initiatives, including marketing and product improvements, a focus on Women's and a direct-to-consumer business.

  • TheStreet.com5 days ago

    Levi Strauss Climbs on JPMorgan's Overweight Rating

    rose 2.1% to $22.92 Monday after JPMorgan initiated coverage of the apparel company with an overweight rating and set a $26 year-end price target. "Levi's is an iconic brand and the global market leader in a $100B Jeanswear market with (more than) 165 years of history and strong product DNA having invented the 'Blue Jean' in 1873 with Levi's brand equity serving as a meaningful barrier to entry, in our view," Boss said.

  • Forget Rate Woes, Bank ETFs to Stay Strong on Unicorn IPOs
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    A slight flattening of the yield curve may hurt bank stocks' profitability, but underwriting of several unicorn IPOs should help these financial ETFs.

  • Wall Street Weighs In On Levi Strauss Stock
    Motley Fool5 days ago

    Wall Street Weighs In On Levi Strauss Stock

    More than half a dozen analysts have posted their ratings of the jeans maker's shares.

  • CNBC5 days ago

    Here are the biggest analyst calls of the day: Levi, Wells Fargo, Nokia, Five Below & more

    J.P. Morgan initiated Levi Strauss & Co. as overweight Telsey initiated Levi Strauss & Co. as outperform Goldman Sachs downgraded Wells Fargo to neutral from conviction buy Goldman Sachs downgraded Nokia to sell from neutral Nomura Instinet upgraded Dow to buy from neutral Oppenheimer downgraded CVS Health to perform from outperform Bank of America initiated Five Below as buy Longbow upgraded Western Digital to buy from neutralHere are the biggest calls on Wall Street on Monday: J.

  • InvestorPlace5 days ago

    Do You Bet on Money-Loser A (Lyft Stock) or Money-Loser B (Uber)?

    Lyft (NASDAQ:LYFT) went public on March 28 at $72 a share giving the ride-sharing app a market cap of $20.6 billion right out of the gate. In the two weeks since LYFT stock has lost 18% of its IPO valuation. Now, Uber has filed its preliminary prospectus and looks to go public in May.Investors are left pondering which money-losing company to own; Uber, the market-share leader, or Lyft, the competitor nipping at its heels. InvestorPlace - Stock Market News, Stock Advice & Trading TipsHere's a clue: Do nothing! Buy neither. Invest in stocks that make money. Recent ExperienceLast weekend, my family gathered in Toronto to celebrate my mom's 85th birthday. Because there was going to be a bunch of us, we rented a condo downtown so we'd be close to the action. Uber was our ride of choice. Having lived in Toronto until February 2018, I was well aware of the ride-sharing app. My wife and I used it all the time. Then I moved to Halifax and, boy, do I miss it. My sister lives in Victoria, and before that Vancouver. Neither place has Uber. In one weekend, she's become a fan. Who's going to drive and treat their car more carefully than the actual owner? Most of the cabs I get into in Halifax smell someone's been sleeping in the back seat. No thanks. * 8 Risky Stocks to Watch as Earnings Season Kicks Off Lyft and Uber, they both make sense in a world where most taxi drivers hate their job. Sure, there are lots of stories about assaults, fake drivers, etc., and the companies must be held to account for these incidents, but there's no denying the concept itself is a good one. A Slight Financial ProblemI could swear people who buy IPOs like Lyft or Uber imagine themselves to be part-time venture capitalists. As if their ownership stake is going to make all the difference in the companies making money. I don't need even two hands to count the number of money-losing stocks I've recommended to readers over the years. I'd have to think about it to come up with the actual names: Tesla (NASDAQ:TSLA) and Roku (NASDAQ:ROKU) are two. After that, it gets difficult, but I'm sure there's a few that will come to me. Anyway, I don't believe regular investors who work in a job unrelated to finance, should be putting their hard-earned pay to money losers. The whole point of the stock market is to provide individuals with the opportunity to own profitable companies that are growing. A small piece of a bigger pie, if you will.It isn't for speculating on how big Lyft and Uber can become.As it stands right now, Lyft and Uber are exceptionally good at losing money, it's part of their unicorn DNA. By buying shares of either company's IPO, you're merely helping professional venture capitalists exit their investments.There are exceptions where early-stage investors hang on to their shares for an extended period after going public, but those are few and far between. If it were up to me, companies wouldn't be allowed to go public without GAAP profitability in the latest fiscal year. Leave the money-losing growth phase to private companies. I get that my idea defeats the point of raising capital on a public market, but if the SEC were really about protecting investors, they'd heed my words. $3.7 Billion in Operating Losses and CountingIn fiscal 2018, Lyft and Uber had operating losses of $688 million and $3.0 billion, respectively. That's an operating margin of -27%. Both prospectuses state that they may never make money. Ever. * 7 Biometric Stocks to Watch as AI Rises That would be like someone telling you that the house that you're about to buy from them is never going to appreciate. If you knew this, there is no way you'd buy it. Yet folks are lining up to buy the IPO shares. It's nuts. While the number of stocks listed on U.S. stock exchanges is shrinking -- falling from 7,300 in 1996 to 3,600 in 2016 -- there are still a large number of options available to investors. Many of them making money. Bottom Line on Lyft StockRecently, I poo-pooed the Levi Strauss (NYSE:LEVI) IPO, offering readers with seven reasons why I wouldn't touch it. Losing money wasn't one of them. Up 36% since March 20, investors who did buy shares get the last laugh. For now. I still believe its upside isn't nearly as rosy as analysts feel it is, but at least it makes money. Buy those kinds of IPOs. Unless you have a fun fund, don't buy the Lyft or Uber kind. The wait for profitability will kill you.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post Do You Bet on Money-Loser A (Lyft Stock) or Money-Loser B (Uber)? appeared first on InvestorPlace.

  • Uber, 2 years after getting spanked, acts like a grown-up in its IPO
    MarketWatch6 days ago

    Uber, 2 years after getting spanked, acts like a grown-up in its IPO

    Two years ago, Uber Technologies Inc. was the quintessential Silicon Valley problem child. Yet when the most highly valued Silicon Valley tech startup finally filed for its initial public offering on Thursday, it portrayed itself as the grown-up among its peers.

  • J. Crew weighs Madewell brand IPO
    MarketWatch6 days ago

    J. Crew weighs Madewell brand IPO

    J. Crew Group Inc. is “actively exploring strategic alternatives” for itself, including a possible initial public offering for its Madewell brand of women’s clothing and accessories.

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  • Motley Fool8 days ago

    Why Levi's First Public Earnings Report Made the Jeans Business Look Good

    More importantly, is it a good fit for your portfolio?

  • Levi Strauss ‘challenged’ by $1 billion in debt, analysts say
    MarketWatch9 days ago

    Levi Strauss ‘challenged’ by $1 billion in debt, analysts say

    Some analysts have expressed concerns about the level of debt at Levi Strauss, which has exceeded $1 billion.

  • Motley Fool9 days ago

    2 Airlines Flying High -- and 1 Jeans Company?

    In a pair of industries that are often unkind to shareholders, Delta, JetBlue, and Levi Strauss are giving investors reason to smile this week.

  • InvestorPlace9 days ago

    Red-Hot Athleisure Puts Lid On Jeans-Maker Levi Strauss Stock Upside

    The freshly minted shares of Levi Strauss (NYSE:LEVI) popped in early April after the blue jeans maker impressed investors with strong revenue growth and healthy margin trends in its first earnings report since coming back to Wall Street. Still, the rally failed to make up for a the sell-off seen coming into the report, leaving LEVI stock below where it was just a few weeks ago, closing Wednesday at $22.75 a share.This makes sense to me. The Levi Strauss IPO was over-hyped. Why? Quite simply, this is a blue jeans company that isn't growing very quickly, isn't supported by secular trends, doesn't have big margin drivers, and is challenged by the still red-hot athleisure wave. All that adds up to a lower-$20's price tag for LEVI stock in 2019. Anyone thinking of price levels closer to and above $25 in 2019 is getting ahead of themselves.Levi's first quarter numbers confirm this low-growth reality. While LEVI stock rallied some in response to the debut period numbers, it didn't rally much, ultimately because an already-extended valuation is putting a lid on further upside.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis will remain true for the foreseeable future. As such, I think LEVI stock is best avoided until it drops closer to $20. Around $25, the stock is arguably overvalued. Numbers Confirm Low-Growth RealityLevi's first-quarter numbers weren't bad. They were actually pretty good. Reported revenue growth came in at 7%, while constant-currency revenue growth across every geography was 10% and more. The full-year guide calls for a slowdown, but not much, and implies mid-single-digit revenue growth for the rest of the year. Meanwhile, gross margins dipped 30 basis points, but the hit was all from FX noise, while core gross margins were strong thanks to more direct-to-consumer (DTC) sales. The opex rate dropped. Profits rose nicely. * 10 Dow Jones Stocks Holding the Blue Chip Index Back Overall, the quarter was pretty good. But, if you zoom out, the quarter isn't anything to get too excited about, and more than anything else, it just confirms Levi's low growth reality.Over the past three years, Levi Strauss has been a roughly 7% annualized revenue grower with flattish profit margins, led by healthy gross margin expansion and a rise in marketing expenses. The same is largely expected for 2019, with the guide calling for mid-single-digit revenue growth and flattish-to-slightly higher profit margins, due to gross margin expansion and higher marketing expenses offsetting one another.So, Levi Strauss isn't in the middle of a breakout. It's just growing as usual, and usual here is sluggish revenue growth, flattish margins, and ultimately muted profit growth.That isn't anything to write home about. Instead, it's actually something to worry about, especially since other apparel companies -- namely, athleisure giants like Nike (NYSE:NKE) and Lululemon (NASDAQ:LULU) -- are growing much more quickly.The big takeaway? The blue jeans trend is still on the way out, and the athleisure trend is still on the way in. So long as this is what fashion decrees, Levi's growth will remain sluggish, and that will ultimately keep a lid on LEVI stock. LEVI Stock Doesn't Have Much Upside PotentialAt the current moment, LEVI stock seems fully valued, considering its long-term growth prospects.The global apparel market is growing at a 5% compounded annual growth rate. Given the popularity of athleisure styles, I'd be surprised if Levi Strauss matched that growth rate and maintained market share over the next several years. Nonetheless, let's assume a realistic best-case scenario and the company does just that, and revenue growth pans out at around 5% per year into 2025.During that stretch, gross margins should continue to expand, given brand equity and pricing power, as well as a continued shift to a DTC model. But, that shift also requires investment, which will mean more opex dollars. Opex dollars will also go up because the company will need to market more in the face of stiff athleisure competition. So, the next several years will likely be defined by healthy gross margin expansion but muted opex leverage. * 7 High-Risk Stocks With Big Potential Rewards Putting all that together, I think Levi Strauss can do $2 in earnings per share by fiscal 2025. Based on a retail average 18x forward multiple, that implies a fiscal 2024 price target for LEVI stock of $36. Discounted back by 10% per year, that equates to a fiscal 2019 price target of roughly $22. Bottom Line on LEVI StockIn the lower-$20's, LEVI stock is stuck in no man's land in terms of valuation relative to long-term growth fundamentals. That's why I'm not terribly interested in the stock here and now.Still, I think it's fairly likely that slowing economic expansion and bruising athleisure competition headwinds rear their ugly heads sometime later this year, and cause the jeans maker to report an earnings dud. That could drag Levi Strauss stock down to $20. If that happens, that would be an opportunity to buy.Until then, I think it's best to wait on the sidelines.As of this writing, Luke Lango was long NKE. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Best Dividend Stocks to Buy for Every Investor * 7 Catalysts That Will Send Marijuana Stocks Soaring in 2019 * 8 Risky Stocks to Watch as Earnings Season Kicks Off Compare Brokers The post Red-Hot Athleisure Puts Lid On Jeans-Maker Levi Strauss Stock Upside appeared first on InvestorPlace.

  • 5 Things Levi Strauss Management Wants You to Know
    Motley Fool10 days ago

    5 Things Levi Strauss Management Wants You to Know

    The recently IPO'd clothing company just buttoned up its first quarter since going public. Here's what management wants investors to know.

  • Here are the San Francisco landlords courting Levi's HQ
    American City Business Journals10 days ago

    Here are the San Francisco landlords courting Levi's HQ

    Levi's Plaza is on the market, and landlords are watching the namesake retailer closely in case it decides to move.

  • What Happened in the Stock Market Today
    Motley Fool10 days ago

    What Happened in the Stock Market Today

    Levi Strauss reported impressive results in its first quarterly report since going public, and Delta is off to a good start in 2019.

  • Nasdaq closes at year-to-date highs
    Yahoo Finance10 days ago

    Nasdaq closes at year-to-date highs

    The Nasdaq closed at year-to-date highs on Wednesday.

  • TheStreet.com10 days ago

    Levi Strauss Results Show Solid Macro Footing for V.F. Corp. Spinoff

    as it prepares to spin off its iconic blue jeans brands. Levi's stock has jumped in trading on Wednesday, trending toward its highest level since late March IPO. The trends noted by the company are encouraging to VF Corp. which filed a Form 10 document with the SEC on April 1 to spin off key denim brands Lee, Rock & Republic, and Wrangler into a new company called Kontoor Brands that will trade under the symbol KTB.

  • Options Bulls Target More Gains for Levi Stock
    Schaeffer's Investment Research10 days ago

    Options Bulls Target More Gains for Levi Stock

    Levi's March 21 IPO priced at $17

  • Levi Strauss Shares Zip Up as Strong Post-IPO Growth Impresses
    GuruFocus.com10 days ago

    Levi Strauss Shares Zip Up as Strong Post-IPO Growth Impresses

    In its first quarterly report since going public for the second time in March, Levi Strauss & Co. (LEVI) disclosed strong first-quarter 2019 earnings after the closing bell on Tuesday, sending shares higher. It was up 11% on a constant currency basis. Warning! GuruFocus has detected 5 Warning Signs with UPS.

  • Levi Strauss CEO says China is a top priority for the jean giant's growth
    CNBC10 days ago

    Levi Strauss CEO says China is a top priority for the jean giant's growth

    China is only about 3% of the company's business today. Bergh said he looks at competitors like Nike, with 20% of its business in China, and wants to turn China into the company's growth engine.