Levis is a well-established denim brand that has been around for over 150 years. It's listed on the New York Stock Exchange (NYSE) under the ticker symbol LVVVY.
The LVVVY stock symbol is a unique identifier assigned to Levis by the NYSE. It's used to track the company's stock price and performance.
Levis is a subsidiary of Kering, a French multinational conglomerate that owns several luxury brands. Kering acquired Levis in 1985.
The LVVVY stock symbol is a good way to monitor Levis' financial performance and valuation.
Financial Performance
Levi Strauss & Co.'s revenue in 2024 was $6.36 billion, a 2.85% increase from the previous year's $6.18 billion.
The company's earnings in 2024 were $210.60 million, a decrease of 15.63% compared to the previous year.
Levi Strauss beat Wall Street's expectations on the top and bottom lines in 2024, but expects sales to slow next year in part due to a strong U.S. dollar.
The company's revenue estimates for 2025 and 2026 are $6,288 million and $6,567 million, respectively.
Levi Strauss & Co. reported a strong fourth-quarter in 2024, with revenue beating market expectations.
Here are the company's revenue and earnings estimates for the next few years:
The company's earnings per share (EPS) in 2024 was $0.52, based on revenue of $6.36 billion and profits of $210.60 million.
Analyst Opinions
Analysts are optimistic about Levi's stock, with an average rating of "Buy" from 11 experts.
The consensus is clear: 11 analysts believe in Levi's potential, and their forecasts reflect that.
The average price target for LEVI is $21.27, which is a 10.67% increase from the current price.
This forecast suggests that investors can expect a significant gain if they buy Levi's stock.
Here are the key analyst opinions at a glance:
Stock Performance
Levi Strauss & Co. stock is trading below its moving average, making it an attractive buy opportunity. This is according to a buy rating from Dec. 2023.
The stock offers a 3% dividend yield, which is a notable feature. This can be an attractive option for investors looking for a relatively stable source of income.
Data points to growth in apparel spending, which is a positive sign for the company. This trend is expected to continue, making Levi Strauss & Co. a stock worth considering.
Valuation and Dividends
Levi's stock has a market cap of $7.61 billion and an enterprise value of $9.13 billion.
The company's dividend yield is currently 2.98%. This is based on a quarterly dividend of $0.50 per share, which has been maintained since 2024.
Here's a breakdown of Levi's dividend history:
Unattractive Valuation
Levi Strauss & Co. has an unattractive valuation, trading at 15x earnings according to Example 3. This is a high multiple compared to other companies in the industry.
The company's dividend yield is a more attractive aspect, with a 3% yield as of 2024, as seen in Example 2. This is a relatively high yield, especially for a company with a long history of paying dividends.
Levi Strauss & Co. has a history of paying dividends, with the company paying out $0.50 per share in 2024, as shown in Example 2.
Here's a breakdown of the company's dividend history:
As you can see, the company has increased its dividend payout over the years, with a significant increase in 2023 and 2024.
However, the company's high valuation multiple and relatively low dividend growth rate may make it less attractive to investors.
Total Valuation
Total Valuation is a crucial aspect of a company's financial health. LEVI's market cap is a staggering $7.61 billion.
The enterprise value, which includes debt and other liabilities, is a bit higher at $9.13 billion. This gives us a better understanding of LEVI's total worth.
To put this into perspective, a market cap of $7.61 billion is a significant amount of money, equivalent to the total value of hundreds of smaller companies.
Business and Sales
Levi Strauss & Co. has seen a mixed bag of sales results. The company's Q3 2024 earnings were flat, with a decline in wholesale sales.
DTC (Direct-to-Consumer) sales, however, grew by 12% due to new store openings. This growth is a positive sign for the company.
Levi Strauss & Co. also reported strong fourth-quarter results, with the company delivering a strong quarter and year.
D2C Channels Drive in Q4
D2C channels drove considerable success during the fourth quarter, with US sales up 11%.
The company's CEO, Michelle Gass, is clearly enthusiastic about the D2C approach, and it's paying off.
Levi Strauss & Co. delivered a strong fourth quarter, with D2C channels being a major contributor to the success.
In fact, DTC sales grew by 12% in the fourth quarter, driven by store openings.
Accelerating Women's Denim Segment and Cost-Saving Initiatives
Levi Strauss & Co is poised for growth thanks to its accelerating women's denim segment. This segment is a key driver of the company's success, and analysts are taking notice.
Telsey Advisory Group analyst Dana Telsey reiterated the Outperform rating on Levi Strauss & Co, with an unchanged price forecast of $26. This suggests that the company's growth prospects are being taken seriously by industry experts.
The women's denim segment is a significant contributor to Levi Strauss & Co's revenue, and its growth is expected to continue accelerating. This is good news for investors and customers alike.
Frequently Asked Questions
Is Levi's listed as a public stock?
Yes, Levi's is listed as a public stock, trading on the New York Stock Exchange under the symbol "LEVI". This means that its Class A shares are available for public purchase and ownership.
Is Levi a good stock to buy now?
Levi Strauss & Co has a Moderate Buy rating with an average price target of $22.13, indicating a potentially favorable investment opportunity. However, it's essential to consider multiple factors and analyst opinions before making a buying decision.
What is Levi's symbol?
Levi's symbol is the Two Horse Trademark, which represents the strength of the clothing against competition. This iconic logo features two horses trying to pull apart a pair of Levi's waist overalls.
Is Levi Strauss and Co the same as Levi's?
Levi Strauss & Co. is the parent company behind the iconic Levi's brand, which is one of its many well-known labels. While they share a common heritage, Levi Strauss & Co. encompasses a broader range of brands beyond just Levi's.
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