LEVI Stock Summary and Trading Ideas (Levi Strauss Class A | NYSE:LEVI)

Levi Strauss & Co is involved in designing, marketing, and selling products that include jeans, casual and dresses pants, tops, shorts, skirts, jackets, footwear, and related accessories directly or through third parties and licensees for men, women, and children under Levi's, Dockers, Signature by Levi Strauss & Co. and Denizen brands. The company manages its business according to three regional segments: the Americas, which is the key revenue driver; Europe; and Asia.

Levi Strauss Class A trades on the NYSE stock market under the symbol LEVI.

As of October 18, 2024, LEVI stock price climbed to $18.66 with 1,593,683 million shares trading.

LEVI has a beta of 0.93, meaning it tends to be less sensitive to market movements. LEVI has a correlation of 0.12 to the broad based SPY ETF.

LEVI has a market cap of $7.42 billion. This is considered a Mid Cap stock.

Last quarter Levi Strauss Class A reported $2 billion in Revenue and $.33 earnings per share. This fell short of revenue expectation by $-33 million and exceeded earnings estimates by $.02.

In the last 3 years, LEVI traded as high as $28.62 and as low as $12.42.

The top ETF exchange traded funds that LEVI belongs to (by Net Assets): VTI, VB, VXF, VBR, VBK.

LEVI has underperformed the market in the last year with a price return of +30.9% while the SPY ETF gained +37.5%. LEVI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.3% and -5.9%, respectively, while the SPY returned +6.1% and +2.0%, respectively.

LEVI support price is $18.16 and resistance is $18.86 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LEVI shares will trade within this expected range on the day.