Levi Strauss is gearing up to demonstrate its performance as it approaches its upcoming earnings release scheduled for July 6, 2023. Analysts are anticipating an EPS of $0.03, representing an 89.66% decrease compared to the same quarter of the previous year. Additionally, the Consensus Estimate for revenue suggests net sales of $1.33 billion, reflecting a decline of 9.42% from the year-ago period.
Investors need to take note of any recent changes in analyst estimates for Levi Strauss, as these revisions often reflect the latest short-term business trends. Positive revisions indicate analysts' optimism about the company's business prospects and profitability.
From a valuation perspective, Levi Strauss currently has a Forward P/E ratio of 11.23, which is lower than the industry average Forward P/E ratio of 12.72. This implies that Levi Strauss is trading at a discount compared to its industry peers.
Furthermore, it is worth mentioning that Levi Strauss has a PEG ratio of 3.27. The PEG ratio is a metric that considers both the stock's expected earnings growth rate and the famous P/E ratio. In the Retail - Apparel, and Shoes sector, the average PEG ratio was 1.36 based on the previous day's closing price.
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Investors need to take note of any recent changes in analyst estimates for Levi Strauss, as these revisions often reflect the latest short-term business trends. Positive revisions indicate analysts' optimism about the company's business prospects and profitability.
From a valuation perspective, Levi Strauss currently has a Forward P/E ratio of 11.23, which is lower than the industry average Forward P/E ratio of 12.72. This implies that Levi Strauss is trading at a discount compared to its industry peers.
Furthermore, it is worth mentioning that Levi Strauss has a PEG ratio of 3.27. The PEG ratio is a metric that considers both the stock's expected earnings growth rate and the famous P/E ratio. In the Retail - Apparel, and Shoes sector, the average PEG ratio was 1.36 based on the previous day's closing price.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.