Leslies Inc (NASDAQ:LESL) has a beta value of 0.93 and has seen 1.56 million shares traded in the last trading session. The company, currently valued at $1.01B, closed the last trade at $5.45 per share which meant it lost -$0.18 on the day or -3.20% during that session. The LESL stock price is -114.31% off its 52-week high price of $11.68 and 19.45% above the 52-week low of $4.39. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.63 million shares traded. The 3-month trading volume is 2.76 million shares.
Leslies Inc (NASDAQ:LESL) trade information
Sporting -3.20% in the red in last session, the stock has traded in the red over the last five days, when the LESL stock price touched $5.45 or saw a rise of 17.92%. Year-to-date, Leslies Inc shares have moved -21.13%, while the 5-day performance has seen it change -16.15%. Over the past 30 days, the shares of Leslies Inc (NASDAQ:LESL) have changed -27.24%. Short interest in the company has seen 20.08 million shares shorted with days to cover at 7.95.
Leslies Inc (LESL) estimates and forecasts
Figures show that Leslies Inc shares have underperformed across the wider relevant industry. The company’s shares have gained 6.65% over the past 6 months, with this year growth rate of 3.57%, compared to 4.40% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -28.60% and 4.90% for the next quarter. Revenue growth from the last financial year stood is estimated to be -0.80%.
12 analysts offering their estimates for the company have set an average revenue estimate of $201.52 million for the current quarter. 12 have an estimated revenue figure of $620.08 million for the next quarter concluding in Jun 2024.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 9.95% over the past 5 years. Earnings growth for 2024 is a modest 1.57% while over the next 5 years, the company’s earnings are expected to increase by 9.70%.
LESL Dividends
Leslies Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Leslies Inc (NASDAQ:LESL)’s Major holders
Insiders own 4.85% of the company shares, while shares held by institutions stand at 115.07% with a share float percentage of 120.94%. Investors are also buoyed by the number of investors in a company, with Leslies Inc having a total of 301 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 24.8 million shares worth more than $232.84 million. As of Jun 29, 2023, Blackrock Inc. held 13.48% of shares outstanding.
The other major institutional holder is Vanguard Group Inc, with the holding of over 17.98 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $168.8 million and represent 9.77% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Smallcap ETF and Ariel Fund. As of Sep 29, 2023, the former fund manager holds about 6.76% shares in the company for having 12.43 million shares of worth $70.36 million while later fund manager owns 6.79 million shares of worth $63.73 million as of Jun 29, 2023, which makes it owner of about 3.69% of company’s outstanding stock.
