Leslies Inc (NASDAQ: LESL): A Disaster In The Making Or A Gold Mine?

In today’s recent session, 1.15 million shares of the Leslies Inc (NASDAQ:LESL) have been traded, and its beta is 1.04. Most recently the company’s share price was $4.51, and it changed around $0.06 or 1.43% from the last close, which brings the market valuation of the company to $832.84M. LESL at last check was trading at a discount to its 52-week high of $11.68, offering almost -158.98% off that amount. The share price’s 52-week low was $4.16, which indicates that the recent value has risen by an impressive 7.76% since then. We note from Leslies Inc’s average daily trading volume that its 3-month average coming to 3.10 million.

Leslies Inc (NASDAQ:LESL) trade information

Instantly LESL has been showing a green trend so far today with a performance of 1.43% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently down -34.68% year-to-date, but still up 3.05% over the last five days. On the other hand, Leslies Inc (NASDAQ:LESL) is -40.06% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $26.5, which translates to bulls needing to increase their stock price by 82.98% from its current value. Analyst projections state that LESL is forecast to be at a low of $8.5 and a high of $36.

Leslies Inc (LESL) estimates and forecasts

Leslies Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -17.48 percent over the past six months and at a 3.57% annual growth rate that is well below the industry average of 4.10%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -28.60% in revenue this quarter, and will report an increase of 4.90% in the next quarter. The year-over-year growth rate is expected to be -0.80%, down from the previous year.

Consensus estimates provided by 12 financial analysts predict the company will bring in an average of $201.52 million in revenue for the current quarter. 12 analysts expect Leslies Inc to make $620.08 million in revenue for the quarter ending Jun 2024.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 9.95%. Leslies Inc earnings are expected to increase by 1.02% in 2024, but the outlook is positive 9.70% per year for the next five years.