Levi Strauss Forecasts EPS Growth Amid Market Volatility

A recent report highlights Levi Strauss's projected EPS growth of 17.86% and revenue growth of 2.7% for the upcoming quarter, signaling potential resilience and attractivity for investors despite mixed broader market trends.

Date: 18-09-2024

AI Rating: 7

The report provides several key pieces of financial information regarding Levi Strauss (LEVI) that can significantly influence investor sentiment and stock pricing:

Earnings Per Share (EPS): The company is anticipated to report an EPS of $0.33, reflecting a notable 17.86% growth compared to the same quarter last year. This projection is a positive indicator as it suggests a rebound in profitability.
Revenue Growth: Quarterly revenue is expected to reach $1.55 billion, which is a 2.7% increase from the year-ago period. This modest revenue growth indicates that the company is navigating market challenges while still managing to enhance its sales.
Full-Year Projections: For the entire year, analysts expect earnings of $1.25 per share and revenue of $6.31 billion, denoting a year-over-year growth of +13.64% for EPS and +2.12% for revenue. Such estimates reflect positively, indicating growth trends that will likely be well-received by investors.
Valuation Metrics: Currently, LEVI trades at a Forward P/E ratio of 15.65, which is lower than its industry's average Forward P/E of 17.27. This lower valuation can make the stock appear undervalued, possibly attracting value-based investors.
Analyst Sentiment: The report mentions that the Zacks Rank for Levi Strauss stands at #3 (Hold), indicating a neutral stance in analyst recommendations. Importantly, the absence of estimate alterations over the past month may suggest stability in investor expectations.
Industry Rank: The Retail - Apparel and Shoes industry ranks in the top 34% of industries, which can boost investor confidence, as companies within strong sectors often outperform.

Overall, while broader market trends remain volatile, the growth projections for EPS and revenue from Levi Strauss suggest that the company is on a positive trajectory, making it an interesting consideration for investors.

Stocks: LEVI