1 week Ago By Defense World Staff
Shares of Leslie’s, Inc. (NASDAQ:LESL – Get Free Report) have been given a consensus rating of “Reduce” by the twelve research firms that are covering the stock, MarketBeat.com reports.
Two research analysts have rated the stock with a sell recommendation and ten have issued a hold recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $2.65.
Several research firms have issued reports on LESL. Morgan Stanley cut their price target on shares of Leslie’s from $3.00 to $1.
50 and set an “equal weight” rating for the company in a research report on Monday, March 3rd. Bank of America cut Leslie’s from a “buy” rating to an “underperform” rating and dropped their target price for the company from $2.65 to $1.
40 in a report on Tuesday, February 18th. Guggenheim reaffirmed a “neutral” rating on shares of Leslie’s in a research note on Friday, February 7th. The Goldman Sachs Group dropped their price objective on Leslie’s from $4.
00 to $3.00 and set a “neutral” rating for the company in a research note on Tuesday, February 11th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $3.
00 target price on shares of Leslie’s in a research note on Tuesday, March 18th.Read Our Latest Analysis on Leslie’sLeslie’s Stock Up 4.0 %NASDAQ LESL opened at $0.
59 on Friday. The stock’s 50-day simple moving average is $1.06 and its two-hundred day simple moving average is $2.
02. Leslie’s has a twelve month low of $0.54 and a twelve month high of $6.
02. The company has a market capitalization of $110.19 million, a price-to-earnings ratio of -3.
97 and a beta of 1.30. Leslie’s (NASDAQ:LESL – Get Free Report) last released its earnings results on Thursday, February 6th.
The company reported ($0.23) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.
02). Leslie’s had a negative return on equity of 6.11% and a negative net margin of 2.
13%. Institutional Inflows and OutflowsSeveral institutional investors have recently made changes to their positions in the company. FMR LLC grew its stake in shares of Leslie’s by 334.
4% in the third quarter. FMR LLC now owns 26,714 shares of the company’s stock worth $84,000 after acquiring an additional 20,564 shares during the last quarter. HighTower Advisors LLC lifted its stake in shares of Leslie’s by 27.
0% in the 3rd quarter. HighTower Advisors LLC now owns 173,599 shares of the company’s stock worth $565,000 after purchasing an additional 36,953 shares during the period. State Street Corp raised its stake in shares of Leslie’s by 7.
7% in the third quarter. State Street Corp now owns 8,406,377 shares of the company’s stock worth $26,564,000 after buying an additional 601,177 shares during the period. Barclays PLC boosted its holdings in Leslie’s by 125.
1% in the 3rd quarter. Barclays PLC now owns 399,169 shares of the company’s stock worth $1,260,000 after buying an additional 221,809 shares during the period. Finally, Virtu Financial LLC lifted its holdings in shares of Leslie’s by 205.
3% in the third quarter. Virtu Financial LLC now owns 48,496 shares of the company’s stock worth $153,000 after buying an additional 32,611 shares in the last quarter. About Leslie’s (Get Free ReportLeslie’s, Inc operates as a direct-to-consumer pool and spa care brand in the United States.
The company markets and sells pool and spa supplies and related products and services. It also offers various pool and spa maintenance items, such as chemicals, equipment and parts, cleaning and maintenance equipment, safety, recreational, and fitness related products.Further ReadingFive stocks we like better than Leslie’sHow to Know Which Cryptocurrency to Buy: A Guide for InvestorsJPMorgan is a Buy, if You Can Handle The Volatility Best Stocks Under $10.
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