Levi Strauss stock fell 0.23%, underperformed market, but analysts suggest potential for outperformance
From Nasdaq: 2024-12-31 18:15:19
In the latest market close, Levi Strauss (LEVI) reached $17.30, with a -0.23% movement compared to the previous day, underperforming the S&P 500 and Nasdaq. Shares have depreciated by 4.62% over the past month, and upcoming earnings forecasts an EPS of $0.47 and revenue of $1.72 billion.
Recent analyst estimate changes for Levi Strauss suggest optimism and potential stock price performance. The Zacks Rank system, with a rank of #3 (Hold) for Levi Strauss, has historically shown outperformance. Levi Strauss also holds a Forward P/E ratio of 12.48, a discount to the industry average of 17.89.
With a PEG ratio of 0.95, Levi Strauss may present a value opportunity for investors. The Retail – Apparel and Shoes industry ranks in the top 31% of industries, and the Zacks Industry Rank shows top-rated industries outperforming by a factor of 2 to 1. Investors can monitor stock metrics on Zacks.com.
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Read more at Nasdaq: Levi Strauss (LEVI) Stock Moves -0.23%: What You Should Know
