Leslie’s Inc. (NASDAQ:LESL) shares traded -29.62% lower at $6.70 on Wall Street last session.
In accordance with the data, 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 $6.00, we find $11.50. Given the previous closing price of $9.52, this indicates a potential upside of 20.8 percent. LESL stock price is now -33.34% away from the 50-day moving average and -45.77% away from the 200-day moving average. The market capitalization of the company currently stands at $1.75B.
It has been rated a hold by 7 analysts and a buy by 6. Brokers who have rated the stock have averaged $11.46 as their price target over the next twelve months.
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 $58.81 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 26, 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 $0.87 million. Insiders disposed of 9,460,348 shares of company stock worth roughly $63.38 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 ALYESKA INVESTMENT GROUP, L.P. during the first quarter worth $3,685,000. HOLOCENE ADVISORS, LP invested $2,023,000 in shares of LESL during the first quarter. In the first quarter, ADVANTAGE ALPHA CAPITAL PARTNERS LP acquired a new stake in Leslie’s Inc. valued at approximately $1,960,000. HRT FINANCIAL LP acquired a new stake in LESL for approximately $1,909,000. SQUAREPOINT OPS LLC purchased a new stake in LESL valued at around $1,371,000 in the second quarter. In total, there are 368 active investors with 118.88% ownership of the company’s stock.
Leslie’s Inc. (NASDAQ: LESL) opened at $5.76 on Friday. During the past 12 months, Leslie’s Inc. has had a low of $9.02 and a high of $17.12. According to the stock market information, the enterprise value for the company is $2.41B, which is based on a 10.42 price-to-earnings ratio, a 1.07 price-to-earnings-growth ratio, and a beta of 0.80. The fifty day moving average price for LESL is $9.98 and a two-hundred day moving average price translates $12.32 for the stock.
The latest earnings results from Leslie’s Inc. (NASDAQ: LESL) was released for Mar, 2023. 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.
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.
