Key Takeaways:
- Levi Strauss & Co (LEVI, Financial) reports a mixed quarter with earnings beating expectations despite a dip in revenue.
- Analysts see a significant upside potential with an average price target reflecting a nearly 60% increase.
- Current valuation metrics suggest that the stock is undervalued, with a notable discrepancy between current price and estimated GF Value.
Levi Strauss & Co (LEVI) recently released its first-quarter financial results, revealing a revenue of $1.53 billion, which represents a 3% increase compared to the previous year. This figure missed the consensus expectations by 0.95%. However, the company managed to deliver an earnings per share (EPS) of $0.38, surpassing the projected $0.28. Despite these mixed outcomes, LEVI's share price has seen a decrease of 15.7% over the last month.
Wall Street Analysts Forecast
Analyst projections for Levi Strauss & Co (LEVI, Financial) offer an optimistic outlook. According to 12 analysts, the average target price is set at $21.57, with a potential high of $25.00 and a low of $17.00. This average target suggests a substantial upside potential of 59.81% from the current market price of $13.50. Investors can access a more detailed analysis on the Levi Strauss & Co (LEVI) Forecast page.
The sentiment among brokerage firms regarding LEVI is largely positive, with an average recommendation score of 2.5, which translates to an "Outperform" rating. The brokerage rating scale ranges from 1, indicating a Strong Buy, to 5, denoting a Sell.
From a valuation perspective, GuruFocus estimates the GF Value for Levi Strauss & Co (LEVI, Financial) at $18.20 in a year's time. This assessment points to a potential upside of 34.81% from the current price of $13.50. The GF Value represents GuruFocus' interpretation of the fair market value based on historical trading multiples, past business growth, and future performance forecasts. For more in-depth financial analysis, visit the Levi Strauss & Co (LEVI) Summary page.
