The Time Is Right To Purchase Leslies Inc (NASDAQ: LESL)

During the last session, Leslies Inc (NASDAQ:LESL)’s traded shares were 3.48 million, with the beta value of the company hitting 1.22. The 52-week high for the LESL share is $6.90, that puts it down -693.1 from that peak though still a striking 13.79% gain since the share price plummeted to a 52-week low of $0.75. The company’s market capitalization is $161.04M, and the average intraday trading volume over the past 10 days was 4.8 million shares, and the average trade volume was 7.08 million shares over the past three months.

Leslies Inc (LESL) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.08. LESL has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.24.

Leslies Inc (NASDAQ:LESL) trade information

Leslies Inc (LESL) registered a -0.45% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.45% in intraday trading to $0.87, hitting a weekly high. The stock’s 5-day price performance is 8.89%, and it has moved by -20.96% in 30 days. Based on these gigs, the overall price performance for the year is -87.06%. The short interest in Leslies Inc (NASDAQ:LESL) is 22.04 million shares and it means that shorts have 2.29 day(s) to cover.

The consensus price target of analysts on Wall Street is $3, which implies an increase of 71.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3 and $3 respectively. As a result, LESL is trading at a discount of -244.83% off the target high and -244.83% off the low.

Leslies Inc (LESL) estimates and forecasts

In the rating firms’ projections, revenue will increase 0.97% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 184.92M as predicted by 11 analyst(s). Meanwhile, a consensus of 11 analyst(s) estimates revenue growth to 572.14M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 188.66M and 569.64M respectively. In this case, analysts expect current quarter sales to shrink by -1.99% and then jump by 0.44% in the coming quarter.

While earnings are projected to return 405.67% in 2025.

LESL Dividends

Leslies Inc is due to release its next quarterly earnings on 2025-Feb-05. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Leslies Inc (NASDAQ:LESL)’s Major holders

Leslies Inc insiders own 3.40% of total outstanding shares while institutional holders control 106.36%, with the float percentage being 110.10%. ARIEL INVESTMENTS, LLC is the largest shareholder of the company, while 275.0 institutions own stock in it. As of 2024-06-30, the company held over 36.6 million shares (or 19.8023% of all shares), a total value of $153.36 million in shares.

The next largest institutional holding, with 28.53 million shares, is of BLACKROCK INC.’s that is approximately 15.4354% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $119.54 million.

Also, the Mutual Funds coming in first place with the largest holdings of Leslies Inc (LESL) shares are Ariel Investment Trust-Ariel Fund and ALPS SERIES TRUST-Clarkston Partners Fund . Data provided on Dec 31, 2024 indicates that Ariel Investment Trust-Ariel Fund owns about 32.0 shares. This amounts to just over 17.28 percent of the company’s overall shares, with a $27.82 million market value. The same data shows that the other fund manager holds slightly less at 8.41, or about 4.54% of the stock, which is worth about $7.32 million.