In yesterday’s Wall Street session, Leslie’s Inc. (NASDAQ:LESL) shares traded at $10.08, down -0.49% from the previous session.
As of this writing, 13 analysts cover Leslie’s Inc. (NASDAQ:LESL). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $18.00 and a low of $11.00, we find $15.00. Given the previous closing price of $10.13, this indicates a potential upside of 48.08 percent. LESL stock price is now -6.79% away from the 50-day moving average and -23.78% away from the 200-day moving average. The market capitalization of the company currently stands at $1.98B.
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There are 5 analysts who have given it a hold rating, whereas 8 have given it a buy rating. Brokers who have rated the stock have averaged $14.17 as their price target over the next twelve months.
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In other news, Bubbles Investor Aggregator, L, Former 10% Owner sold 9,343,499 shares of the company’s stock on Dec 12. The stock was sold for $112,308,858 at an average price of $12.02. Upon completion of the transaction, the Former 10% Owner now directly owns 8,776,904 shares in the company, valued at $88.47 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 26, See Remarks Gazaway Brad sold 3,335 shares of the business’s stock. A total of $49,425 was realized by selling the stock at an average price of $14.82. This leaves the insider owning 130,447 shares of the company worth $1.31 million. Insiders disposed of 9,456,212 shares of company stock worth roughly $95.32 million over the past 1 year. A total of 1.50% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in LESL stock. A new stake in Leslie’s Inc. shares was purchased by FARMER STEVEN PATRICK during the first quarter worth $15,360,000. ALYESKA INVESTMENT GROUP, L.P. invested $5,544,000 in shares of LESL during the first quarter. In the first quarter, HOLOCENE ADVISORS, LP acquired a new stake in Leslie’s Inc. valued at approximately $3,044,000. ADVANTAGE ALPHA CAPITAL PARTNERS LP acquired a new stake in LESL for approximately $2,948,000. HRT FINANCIAL LP purchased a new stake in LESL valued at around $2,872,000 in the second quarter. In total, there are 368 active investors with 118.88% ownership of the company’s stock.
Tuesday morning saw Leslie’s Inc. (NASDAQ: LESL) opened at $10.11. During the past 12 months, Leslie’s Inc. has had a low of $10.06 and a high of $20.30. The fifty day moving average price for LESL is $10.78 and a two-hundred day moving average price translates $13.20 for the stock.
The latest earnings results from Leslie’s Inc. (NASDAQ: LESL) was released for Mar, 2023. According to the Specialty Retail Company, earnings per share came in at -$0.14, missing analysts’ expectations of -$0.11 by -0.03. This compares to -$0.04 EPS in the same period last year. The net profit margin was 7.70% and return on equity was -50.80% for LESL. The company reported revenue of $212.84 million for the quarter, compared to $228.07 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.68 percent. For the current quarter, analysts expect LESL to generate $703.74M in revenue.
Leslie’s Inc.(LESL) Company Profile
Leslie’s, Inc. operates as a direct-to-consumer pool and spa care brand in the United States. The company markets and sells pool and spa supplies and related products and services. It offers various pool and spa maintenance items, such as chemicals, equipment and parts, cleaning and maintenance equipment, safety, recreational, and fitness related products, as well as installation and repair services for pool and spa equipment. The company also sells its products through e-commerce websites and third-party marketplaces. It serves the residential, professional, and commercial consumers. Leslie’s, Inc. was founded in 1963 and is based in Phoenix, Arizona.
