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Levi Strauss - You Know The Jeans

Levi Strauss & Co. (NYSE: LEVI)

  • Consensus EPS Estimate for Q2 2020 is -$0.41

  • Consensus Revenue Estimate for Q2 2020 is $582.50M

  • EPS Revisions the past 90 days include 7 downward


Levi has a market cap of $5.25 Billion and is expected to release its quarterly earnings report on July 07, 2020. With its Forward Dividend at 0.31 and a yield of 2.4%, the company’s investors could be anxious for the LEVI stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of -$0.41, with the EPS growth for the year declined at $0.36 for 2020 and $0.81 for next year. These figures represent -0.68% and at 1.25% growth in EPS for the two years respectively.


Levi Strauss & Co.’s Major holders


Insiders are in possession of 8.99% of the company’s total shares while institutions are holding 82.49% percent of that, with the stock having share float percentage of 90.64%. Investors also watch the number of corporate investors in a company very closely, which is 191 institutions for Levi Strauss & Co. that are currently holding shares of the company. Wells Fargo & Company is the top institutional holder at LEVI for having 6.19 Million shares of worth $77Million. And as of March 30, 2020, it was holding 10.04% of the company’s outstanding shares.

The second-largest institutional holder is Capital Research Global Investors, which was holding about 5.44 Million shares on March 30, 2020. The number of shares represents the firm’s hold over 8.81% of outstanding shares, having a total worth of $67.56 Million.

On the other hand, Wells Fargo Growth Fd and Vanguard Explorer Fund, Inc. are the top two Mutual Funds that own the company’s shares. As of February 28, 2020, the former fund manager was holding 2640569 shares worth $44.86 Million or 4.28% of the total outstanding shares. The later fund manager was in possession of 2.62 Million shares on January 30, 2020, making its stake of worth around $51.43 Million in the company or a holder of 4.24% of the company’s stock.


Levi Strauss & Co. (LEVI) estimates and forecasts


Statistics highlight that Levi Strauss & Co. is scoring comparatively lower than the scores of other players of the relevant industry. The company lessened -32.19% of value to its shares in the past 6 months, showing an annual growth rate of -52.58% while that of the industry is -27. Apart from that, the company came lowering its revenue forecast for the fiscal year 2020. The company is estimating its revenue growth to decline by -341.2% in the current quarter and calculating -61.3% decline in the next quarter. This year revenue growth is estimated to drop -18.8% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current-quarter revenue by setting an average figure of $598.83 Million for the same. And 5 analysts are in estimates of the company making revenue of $1.13 Billion in the next quarter that will end on August 01, 2020. The company posted $1.31 Billion and $1.45 Billion of sales in the current and next quarters respectively a year earlier. Analysts are expecting these quarter sales to drop by -54.4% while estimating it to be -22.1% for the next quarter.

Weighing up the company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 28.9% during the past 5 years. In 2020, the company’s earnings growth rate is likely to be around -9.8% while estimates for its earnings growth in the next 5 years are of -3%

What do analysts say?

Based on estimates by 10 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 2 have rated the Levi Strauss & Co. (LEVI) stock as a Hold, while 7 rates it as a Buy. None analysts rate it as outperform while none of them rated it as underperform, whereas 1 suggests the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up the stock of the company. We believe the stock will be flat to bearish for earnings.

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