Leslies Inc (NASDAQ:LESL) has a beta value of 1.18 and has seen 3.46 million shares traded in the last trading session. The company, currently valued at $495.56M, closed the last trade at $2.68 per share which meant it gained $0.03 on the day or 1.13% during that session. The LESL stock price is -206.34% off its 52-week high price of $8.21 and 9.7% above the 52-week low of $2.42. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.07 million shares traded. The 3-month trading volume is 5.37 million shares.
The consensus among analysts is that Leslies Inc (LESL) is Hold stock at the moment, with a recommendation rating of 2.83. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 4 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.11.
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Leslies Inc (NASDAQ:LESL) trade information
Sporting 1.13% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the LESL stock price touched $2.68 or saw a rise of 9.76%. Year-to-date, Leslies Inc shares have moved -61.22%, while the 5-day performance has seen it change -2.19%. Over the past 30 days, the shares of Leslies Inc (NASDAQ:LESL) have changed -10.67%. Short interest in the company has seen 22.2 million shares shorted with days to cover at 4.19.
Wall Street analysts have a consensus price target for the stock at $4, which means that the shares’ value could jump 33.0% from current levels. The projected low price target is $3.0 while the price target rests at a high of $36.0. In that case, then, we find that the current price level is -1243.28% off the targeted high while a plunge would see the stock gain -11.94% from current levels.
Leslies Inc (LESL) estimates and forecasts
Figures show that Leslies Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -38.81% over the past 6 months, with this year growth rate of -71.43%, compared to 1.60% for the industry. Revenue growth from the last financial year stood is estimated to be -7.90%.
11 analysts offering their estimates for the company have set an average revenue estimate of 404.09M for the current quarter. 9 have an estimated revenue figure of 178.41M for the next ending quarter. Year-ago sales stood 432.37M and 169.61M respectively for this quarter and the next, and analysts expect sales will shrink by -6.50% for the current quarter and -7.90% for the next.
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 -71.25% while over the next 5 years, the company’s earnings are expected to increase by 8.74%.
LESL Dividends
Leslies Inc is expected to release its next earnings report in November 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 4.97% of the company shares, while shares held by institutions stand at 119.50% with a share float percentage of 125.75%. Investors are also buoyed by the number of investors in a company, with Leslies Inc having a total of 302.0 institutions that hold shares in the company. The top two institutional holders are ARIEL INVESTMENTS, LLC with over 36.6 million shares worth more than $153.36 million. As of 2024-06-30, ARIEL INVESTMENTS, LLC held 19.8247% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 28.53 million shares as of 2024-06-30. The firm’s total holdings are worth over $119.54 million and represent 15.4529% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Ariel Fund and iShares Core S&P Smallcap ETF . As of Jun 30, 2024 , the former fund manager holds about 9.28% shares in the company for having 17.16 shares of worth $46.0 million while later fund manager owns 11.82 shares of worth $31.67 million as of Sep 30, 2024 , which makes it owner of about 6.39% of company’s outstanding stock.
