With 1.85 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.93 million shares. The 52-week range on LEVI shows that it touched its highest point at $24.34 and its lowest point at $15.62 during that stretch. It currently has a 1-year price target of $21.23. With its current market cap of 7.39 billion, LEVI has annualized dividend of $0.51 while the current yield stands at 2.73%. Beta for the stock currently stands at 1.15.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LEVI was up-trending over the past week, with a rise of 6.81%, but this was up by 6.44% over a month. Three-month performance surged to 12.67% while six-month performance fell -3.56%. The stock gained 4.54% in the past year, while it has gained 7.92% so far this year. A look at the trailing 12-month EPS for LEVI yields 0.52 with Next year EPS estimates of 1.42. For the next quarter, that number is 0.28. This implies an EPS growth rate of -0.09% for this year and 13.81% for next year. EPS is expected to grow by 8.52% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -11.54%.
Float and Shares Shorts:
At present, 103.98 million LEVI shares are outstanding with a float of 94.74 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LEVI since 11 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.26479 being high and $1.22211 being low. For LEVI, this leads to a yearly average estimate of $1.23213. Based on analyst estimates, the high estimate for the next quarter is $0.2 and the low estimate is $0.15. The average estimate for the next quarter is thus $0.18.
