Leslie’s Inc. (NASDAQ:LESL) has seen 0.82 million shares traded in the last trading session. The company, currently valued at $4.61B, closed the last trade at $24.51 per share which meant it gained $0.15 on the day or 0.62% during that session. The LESL stock price is -33.99% off its 52-week high price of $32.84 and 21.87% above the 52-week low of $19.15. The 3-month trading volume is 2.12 million shares.
The consensus among analysts is that Leslie’s Inc. (LESL) is an Overweight stock at the moment, with a recommendation rating of 1.70. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 3 out of 12 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.55.
Leslie’s Inc. (NASDAQ:LESL) trade information
Sporting 0.62% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the LESL stock price touched $24.51 or saw a rise of 0.61%. Year-to-date, Leslie’s Inc. shares have moved -11.68%, while the 5-day performance has seen it change 0.25%. Over the past 30 days, the shares of Leslie’s Inc. (NASDAQ:LESL) have changed 8.21%.
Wall Street analysts have a consensus price target for the stock at $32.64, which means that the shares’ value could jump 24.91% from current levels. The projected low price target is $25.00 while the price target rests at a high of $39.00. In that case, then, we find that the current price level is -59.12% off the targeted high while a plunge would see the stock gain -2.0% from current levels.
Leslie’s Inc. (LESL) estimates and forecasts
Figures show that Leslie’s Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained 11.61% over the past 6 months, with this year growth rate of 100.00%, compared to 5.50% for the industry. Revenue growth from the last financial year stood is estimated to be 18.80%.
9 analysts offering their estimates for the company have set an average revenue estimate of $570.9 million for the current quarter. 9 have an estimated revenue figure of $390.38 million for the next quarter concluding in Sep 2021.
Earnings growth for 2021 is a modest 100.00% while over the next 5 years, the company’s earnings are expected to increase by 32.80%.
Leslie’s Inc. is expected to release its next earnings report on August 04 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Leslie’s Inc. (NASDAQ:LESL)’s Major holders
Insiders own 3.90% of the company shares, while shares held by institutions stand at 90.85% with a share float percentage of 94.53%. Investors are also buoyed by the number of investors in a company, with Leslie’s Inc. having a total of 229 institutions that hold shares in the company. The top two institutional holders are Catterton Management Company, L.L.C. with over 56.98 million shares worth more than $1.4 billion. As of Mar 30, 2021, Catterton Management Company, L.L.C. held 30.11% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 8.97 million shares as of Mar 30, 2021. The firm’s total holdings are worth over $219.68 million and represent 4.74% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Blackrock Funds-Mid-Cap Growth Equity Portfolio and Smallcap World Fund. As of Mar 30, 2021, the former fund manager holds about 2.52% shares in the company for having 4.76 million shares of worth $116.69 million while later fund manager owns 3.87 million shares of worth $94.84 million as of Mar 30, 2021, which makes it owner of about 2.05% of company’s outstanding stock.