In yesterday’s Wall Street session, Leslies Inc (NASDAQ:LESL) shares traded at $4.69, down -4.48% from the previous session.
LESL stock price is now -20.51% away from the 50-day moving average and -22.55% away from the 200-day moving average. The market capitalization of the company currently stands at $865.35M.
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With the price target of $7, Mizuho recently initiated with Neutral rating for Leslies Inc (NASDAQ: LESL). On November 29, 2023, Telsey Advisory Group reiterated its ‘Market Perform’ rating on the stock by increasing its target price from $7.50 to quote $6, while ‘Goldman’ rates the stock as ‘Neutral’
In other news, Egeck Michael R., Chief Executive Officer bought 50,000 shares of the company’s stock on Aug 07 ’23. The stock was bought for $346,410 at an average price of $6.93. Upon completion of the transaction, the Chief Executive Officer now directly owns 2,391,814 shares in the company, valued at $11.22 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 07 ’23, Weddell Steven M bought 25,000 shares of the business’s stock. A total of $173,078 was incurred on buying the stock at an average price of $6.92. This leaves the insider owning 1,436,377 shares of the company worth $6.74 million. A total of 4.66% of the company’s stock is owned by insiders.
During the past 12 months, Leslies Inc has had a low of $3.79 and a high of $11.68.
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 -$0.16 EPS in the same period last year. The company reported revenue of $173.96 million for the quarter, compared to $195.1 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.84 percent. For the current quarter, analysts expect LESL to generate $200.92M in revenue.
