Raymond James has initiated coverage on Levi Strauss & Co (LEVI) with an Outperform rating, marking the firm's first assessment of the company's investment potential. This update provides insight into the analysts' view of Levi's business dynamics, industry positioning, and growth prospects.
Levi Strauss & Co, headquartered in San Francisco, California, operates in the textiles and apparel industry. The company designs, markets, and sells a variety of apparel products, including jeans and casual wear, under well-known brands such as Levi's, Dockers, and Beyond Yoga. With a market capitalization of $8.5 billion, Levi reported a trailing twelve-month (TTM) price-to-earnings (P/E) ratio of 14.12 and earnings per share (EPS) of 1.51.
The firm is set to announce its upcoming earnings on July 8, 2026, with estimates of $0.23 EPS and $1.5 billion in revenue. Recent performance has shown positive surprises, including a Q3 2025 EPS of $0.34 against an estimate of $0.31, reflecting an 8.6% surprise.
Analyst ratings, such as this new Outperform designation, offer a professional perspective based on research and financial models. While these assessments can provide valuable insights, they should be considered alongside other factors such as company fundamentals and market trends. Analyst opinions can evolve as new information becomes available, and differing views may exist within the analyst community.